Treasury Executive

Join our global team for a career filled with opportunities to solve challenges both small and large, local and global, simple and complex.

Wilhelmsen Ship Management is one of the world’s largest third-party ship managers originated from Oslo, Norway with over 20,000 employees including our seafarers with a portfolio of more than 450 vessels and counting. Our employees are working with a comprehensive global maritime group providing over half of the merchant fleet with essential products and services, along with supplying crew and technical management to the largest and most complex vessels ever to sail.

We are currently looking for a Treasury Executive to join our team. We offer a culture and vibrant work environment of strong leadership, collaborative, career development, work-life balance and a job that is both challenging and stimulating. All team members are empowered with the freedom to influence each other as long it complies with our Company’s values and vision.

This position will be located at Kuala Lumpur Sentral (Menara 1 Sentral) and it is easy to get to by public transportation as it is located at the heart of Kuala Lumpur. Our organization thrives by using modern tools and is eager to utilize the business opportunities that comes with new digital tools and skills.

Main responsibilities and tasks 

A) Treasury 

• Ensure that payment requisition is raised correctly, approved and attached with original invoices and claim form which has been properly matched with the supporting documents before proceed with payment; 

• Ensuring all Payment advice are send on time by mail/courier/hand (as is appropriate in the situation) to the recipients. 

• Ensure that the petty cash disbursements are properly recorded and monitored. Also to do petty cash count on monthly basis; 

• Ensuring all due payments to suppliers/authorities for the accounts are timely arranged and prepared;

• Monitoring cash management, i.e. cash balances and bank balances; 

• Preparing report as requested by banker or Bank Negara Malaysia; 

• Assisting Treasury Manager to do analysis report that related with Treasury work function .

• Filing all documents, i.e. petty cash, bank document for newly opened bank account, bank letter / notice in the manner of companies’ order; 

• Overseeing petty cash (foreign currency) disbursements by others; 

• Preparing Bank Reconciliation on monthly basis; 

• Follow up on payment matters with bankers, suppliers, internal parties, and external clients; 

• Assisting banker in providing KYC or related bank document; 

• Liaise with banker on the opening and closure of bank account also update on authorised signatories;

• Assisting auditor in providing bank confirmation and bank statement for audit purpose; 

• To assist with SWIFT testing process and Citidirect BE portal access for the newly opened bank account; 

• To liaise with Security Manager on the bank access for user and payment authoriser access; 

• Ensure monthly bank balance to be sufficient fund in the account to off set by the bank on the due date of hedging (FX Deal). Update the list of FX Deal once receive agreement from bank. 

• Assist with general banking and treasury requirements 

• Keep up to date about knowledge of market practices in dealing 

• Filing on daily/ weekly basis important documents received from banks. 

• Optimize the foreign exchange spot and derivatives trading end-to-end processes including improving existing Treasury systems 

• Implement multi-currency, multi-country and multi-bank cash pooling invest in cash pooling to save money. Eg, INR,KRW,SGD 

• Ensuring that all relevant transactions for the accounts under her charge are properly transcribed, checked and posted to the accounting system in a timely basis; 

• Monitor FEBA transaction to ensure all transactions are posted before monthly closing for company under her charge; 

c) Others 

• Assisting the Treasury Manager in other designated or non-routine tasks; 

Accountabilities

• Ensure that sufficient funds are available to meet ongoing operational and capital 

investment requirements 

• Use hedging to mitigate financial risks related to the interest rates on the company's 

borrowings, as well as on its foreign exchange positions 

• Monitor the activities of third parties handling outsourced treasury functions on behalf of the company 

• Advise management on the liquidity aspects of its short- and long-range planning 

• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities 

Qualifications 

Mandatory requirements 

• 1-5 years working experience 

Additional preferences 

• Knowledge in accounting software (eg SAP) 

• Proficient in English 

• Experience with Microsoft excel 

• Attention to detail 

Competency Requirement 

• Adaptability & Flexibility 

Process Involvement 

Transaction Payments 

- Perform Host to Host 

- Perform manual payments 

- Manage Petty Cash 

- Extract statement from bank portal 

- Extract bank balance from SAP 

- Compare and prepare bank reconciliation 

- Submit to Manager to review/Approve 

Perform funds management 

- Ensure sufficient fund in the account 

Sounds interesting? You can apply online today through our career portal by creating a "Candidate Home" account and attach your latest Resume. Please note that only shortlisted candidates will be contacted.

Application Deadline: 15 February 2024

Nationality preference: Malaysian

Follow us on social media!

#LI-POST

Join our global team for a career filled with opportunities to solve challenges both small and large, local and global, simple and complex.

Wilhelmsen Ship Management is one of the world’s largest third-party ship managers originated from Oslo, Norway with over 20,000 employees including our seafarers with a portfolio of more than 450 vessels and counting. Our employees are working with a comprehensive global maritime group providing over half of the merchant fleet with essential products and services, along with supplying crew and technical management to the largest and most complex vessels ever to sail.

We are currently looking for a Treasury Executive to join our team. We offer a culture and vibrant work environment of strong leadership, collaborative, career development, work-life balance and a job that is both challenging and stimulating. All team members are empowered with the freedom to influence each other as long it complies with our Company’s values and vision.

This position will be located at Kuala Lumpur Sentral (Menara 1 Sentral) and it is easy to get to by public transportation as it is located at the heart of Kuala Lumpur. Our organization thrives by using modern tools and is eager to utilize the business opportunities that comes with new digital tools and skills.

Main responsibilities and tasks 

A) Treasury 

• Ensure that payment requisition is raised correctly, approved and attached with original invoices and claim form which has been properly matched with the supporting documents before proceed with payment; 

• Ensuring all Payment advice are send on time by mail/courier/hand (as is appropriate in the situation) to the recipients. 

• Ensure that the petty cash disbursements are properly recorded and monitored. Also to do petty cash count on monthly basis; 

• Ensuring all due payments to suppliers/authorities for the accounts are timely arranged and prepared;

• Monitoring cash management, i.e. cash balances and bank balances; 

• Preparing report as requested by banker or Bank Negara Malaysia; 

• Assisting Treasury Manager to do analysis report that related with Treasury work function .

• Filing all documents, i.e. petty cash, bank document for newly opened bank account, bank letter / notice in the manner of companies’ order; 

• Overseeing petty cash (foreign currency) disbursements by others; 

• Preparing Bank Reconciliation on monthly basis; 

• Follow up on payment matters with bankers, suppliers, internal parties, and external clients; 

• Assisting banker in providing KYC or related bank document; 

• Liaise with banker on the opening and closure of bank account also update on authorised signatories;

• Assisting auditor in providing bank confirmation and bank statement for audit purpose; 

• To assist with SWIFT testing process and Citidirect BE portal access for the newly opened bank account; 

• To liaise with Security Manager on the bank access for user and payment authoriser access; 

• Ensure monthly bank balance to be sufficient fund in the account to off set by the bank on the due date of hedging (FX Deal). Update the list of FX Deal once receive agreement from bank. 

• Assist with general banking and treasury requirements 

• Keep up to date about knowledge of market practices in dealing 

• Filing on daily/ weekly basis important documents received from banks. 

• Optimize the foreign exchange spot and derivatives trading end-to-end processes including improving existing Treasury systems 

• Implement multi-currency, multi-country and multi-bank cash pooling invest in cash pooling to save money. Eg, INR,KRW,SGD 

B) Accounting & Reporting 

• Ensuring that all relevant transactions for the accounts under her charge are properly transcribed, checked and posted to the accounting system in a timely basis; 

• Monitor FEBA transaction to ensure all transactions are posted before monthly closing for company under her charge; 

c) Others 

• Assisting the Treasury Manager in other designated or non-routine tasks; 

Accountabilities

• Ensure that sufficient funds are available to meet ongoing operational and capital 

investment requirements 

• Use hedging to mitigate financial risks related to the interest rates on the company's 

borrowings, as well as on its foreign exchange positions 

• Maintain banking relationships 

• Monitor the activities of third parties handling outsourced treasury functions on behalf of the company 

• Advise management on the liquidity aspects of its short- and long-range planning 

• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities 

Qualifications 

Mandatory requirements 

• Degree in Accounting /Finance 

• 1-5 years working experience 

Additional preferences 

• Knowledge in accounting software (eg SAP) 

• Proficient in English 

• Experience with Microsoft excel 

• Attention to detail 

• Hedging

Competency Requirement 

• Customer Focus 

• Action Oriented 

• Team Commitment 

• Adaptability & Flexibility 

• Professionalism

Process Involvement 

Transaction Payments 

- Perform Host to Host 

- Perform manual payments 

- Manage Petty Cash 

Perform Bank Reconcilation 

- Extract statement from bank portal 

- Extract bank balance from SAP 

- Compare and prepare bank reconciliation 

- Submit to Manager to review/Approve 

Perform funds management 

- Ensure sufficient fund in the account 

Sounds interesting? You can apply online today through our career portal by creating a "Candidate Home" account and attach your latest Resume. Please note that only shortlisted candidates will be contacted.

Application Deadline: 15 February 2024

Nationality preference: Malaysian

Follow us on social media!

#LI-POST

About Us

Founded in Norway in 1861, Wilhelmsen is now a comprehensive global maritime group providing essential products and services to the merchant fleet, along with supplying crew and technical management to the largest and most complex vessels ever to sail. Committed to shaping the maritime industry, we also seek to develop new opportunities and collaborations in renewables, zero-emission shipping, and marine digitalisation. Supporting a diverse and inclusive workplace, with thousands of colleagues across more than 60 countries, we take innovation, sustainability and unparalleled customer experiences one step further.