Head of Treasury (ACCA/ SAP) – 2,600,000 – Local Company

Team 13 (VAC)
Job Overview

Job Location: Hlaing Township
Type of Business/Product: Group of Companies/ Industrial Gas, Agriculture, Sugar, Building Material, Mining and Distribution
Gender: Male/Female (1)

Job Ref No.: 13P1760
Salary: 2,600,000/- Kyats

Job Description

  • Develop and implement the treasury strategy aligned with the organization’s overall financial goals and risk appetite. Participate in strategic planning and provide input on treasury-related matters, including capital allocation, liquidity management, and financial risk management.
  • Develop and implement cash management strategies to ensure adequate liquidity for the organization
  • Provide financial analysis, forecasts, and reports related to treasury activities to support decision-making by senior management and stakeholders.
  • Prepare and present treasury-related reports, including cash flow projections, debt service schedules, and
  • key performance indicators
  • Support the budgeting process by working closely with Bus/ department heads to develop accurate budgets and cost control measures. Monitor and track departmental expenses, analyze budget variances, and provide insights to improve cost efficiency.
  • Preparing budgets for operating business units/departments within the group company, including capital expenditures and operating costs, based on expected revenue
  • Monitoring cash flow forecasts to ensure that adequate cash reserves are maintained to meet company obligations, such as payroll or vendor payments
  • Monitor, assess, and manage financial risks, including foreign exchange, interest rate, credit, and liquidity risks.
  • Foreign exchange risk management and development of foreign exchange risk mitigation strategies
  • Oversee day-to-day treasury operations, including cash handling, banking relationships, cash pooling, payment processing, and bank account management. Develop and maintain banking relationships, negotiate banking services, and implement efficient treasury processes and systems.
  • Monitor and forecast cash flow, optimize working capital, and manage cash balances across various accounts and entities.
  • Coordinating with outside investment or /bankers to determine how much money should be invested in different types of assets such as shares, investment, real estate, or private equity
  • Estimate costs for new products, processes, or projects based on historical data and cost drivers.
  • Build a high-performing treasury team and promote professional development
  • Assist to M&A process in the calculation of funds required in time.
  • Coordinating with internal and external auditors to ensure effective audits and reviews of treasury activities
  • Ensure compliance with all applicable tax laws and regulations, including state, and international tax requirements.
  • Develop the use of technology approaches to improve work productivity.

Job Requirements

  • Fully qualified ACCA, Master/Degree in Finance or Account (or equivalent) with previous financial control and management reporting experience.
  • Able to use SAP Software (more preferred).
  • 5-10 years of experience managing a Treasury Function including FX, liquidity, cash flow, and various financial instruments
  • Sound understanding of accounting principles
  • Knowledge of banking relationships and covenants
  • Ability to work autonomously and be part of the broader team
  • Must be traveling on a business trip to Mandalay.
  • Salary is 20Lakhs to 33 Lakhs depending on experience
  • Report to CFO / Financial Controller

Working Hours: 9:00 AM – 5:30 PM
Holidays: Sunday & Public Holidays

How to Apply: Please email cv@vacjobsearch.com   with your Microsoft Word CV file and job title and job ref no. in the subject line.

Hotline: 01-8395913,09-765395913

Job Detail
  • Offerd SalaryMMK 2,500,000+
  • Career LevelTop-level Management
  • Experience8 Years +
  • GenderBoth
  • QualificationBachelor
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