Financial Management Specialist

5 days ago


George Town, Penang, Malaysia CG Computers Sdn Bhd Full time

CG Computers Sdn Bhd seeks a highly skilled Financial Management Specialist to join its team.

About the Role:

The successful candidate will be responsible for managing the company's cash flow, ensuring sufficient liquidity is maintained through effective cash balance optimization. This involves ensuring banking transactions such as receipts, payments, financing, and investments are authorized and executed correctly and timely for operational needs. The specialist must also ensure compliance with laws and regulations, internal procedures, and banking terms and conditions. Additionally, they will establish and maintain good relationships with banks and other financial institutions, collaborating with Controllership and Financial Planning & Analysis teams on forecasts, annual budgets, and strategic plans.

Main Responsibilities:
  • Cash Management: Monitor daily cash balances and forecast short- to medium-term cash flows. Execute cash management activities including cash positioning, funding transfers, cash pooling, trade financing, and short-term investing.
  • Treasury Operations: Execute payments in local and foreign currencies. Identify receipts and support Accounting Operations Accounts Receivable Section to match receipts. Hedge and execute foreign transactions. Invest excess funds in overnight/short-term deposits. Administer and maintain e-banking and cash management systems.
  • Banking Relationships: Maintain professional relationships with banks and financial institutions. Open and close accounts, negotiate fees, and resolve banking issues. Maintain bank account documentation, signatories, and approval matrices. Maintain bank statements, letters of offer, trade facility agreements, and other contractual agreements.
  • Reporting and Analysis: Analyze variances between forecasts and actual cash flows to better understand drivers of cash inflows and improve forecasts. Prepare debt and interest accrual schedules, interest expense analysis, daily cash position, debt-equity ratio, gearing ratio, and other treasury performance metrics for management review.


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