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Reporting to: Treasury Manager – Myanmar | Treasury Director Asia Pacific
Duty Post: HQ Yangon, Myanmar
Application Duration: This job posting will remain open until the vacancy is filled.
TREASURY ASSOCIATE
The position supports the Treasury activities in Myanmar. The position is responsible for:
- Local financing and daily cash flow management
- Investment of excess cash
- Local banking relationships with the international and local/ regional banks
- Implement and maintain cash management systems/solutions in the country.
- Maintain the relationship with local authorities for all banking-related activities.
Providing support to the Treasury Manager to ensure all appropriate and applicable Treasury governance and processes are in place. They will support Central Group Treasury activities such as customer credit management, global banking relationships, cash management implementations, FX risk management, and cash forecasting.
As the Treasury Associate, you will:
- Local Bank Relationships
- Selection and management of local banks’ relationships in line with global banking strategy
- Maintain and ensure effective relationships with local and international financial institutions in the country
- Supports banking service reviews in the country
- Supervise minimum bank account balance requirements in the country
- Treasury Operations
- Administration of bank accounts
- Handle FX transactions
- Ensure compliance with Treasury P&Ps
- Ensure process alignment among the market and factory for treasury operations
- Banking and regulations
- Ensure compliance with local regulations for outgoing and incoming flow of funds.
- Prepare relevant application forms for overseas payments.
- Check compliance with all documents before any payments to avoid breach of regulations.
- Coordinate activities with FESC (Foreign Exchange Supervisory Committee)
- Planning, Cash Repatriation Strategies & Processes:
- Assist with the coordination and review of entity planning input for LE and ASP (Treasury items only)
- Review Treasury aspects of business flows and impact on financial metrics
- Finance
- Support the local Finance team for accounting, reconciliation, and payment activities when needed.
- Other
- Supports various tasks and projects as they arise and upon the manager’s request (such as working capital initiatives).
- Supports the preparation of all local statutory requirements related to Treasury activities (such as Registration of capital infusion and intercompany loans, transfer Pricing compliance for intercompany loans).
Requirements:
- Degree in Finance, Accounting, or related field.
- At least 3 years experience in a finance-related role. Treasury experience is a plus.
- Experience in any industry and Banking experience is a plus
- Excellent English and Burmese communication skills
Are you ready to join us? Build your success story at JTI. Apply now!
Next Steps:
After applying, if selected, please anticipate the following within 1-3 weeks of the job posting closure: Phone screening with Talent Advisor > Assessment tests > Interviews > Offer. Each step is eliminatory and may vary by role type.
At JTI, we strive to create a diverse and inclusive work environment. As an equal-opportunity employer, we welcome applicants from all backgrounds. If you need any specific support, alternative formats, or have other access requirements, please let us know.