Assistant Manager, Treasury

Job Description

Title: Assistant Manager, Treasury

Company Name: ShopUp

Vacancy: Not specific

Job Location: Dhaka (Mohakhali)

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in Accounting/Finance is a must
∎ Masters degree in Accounting/Finance is an advantage
∎ Must have any of the following: CA (Certificate Level) /CMA (Business Level) /ACCA (Skill Level)

Experience Requirements:
∎ At least 3 year(s)

Job Responsibilities:
∎ Evaluate, develop, and implement cash management systems to optimize efficiencies
∎ Monitoring and managing the organization's bank relationships and liquidity management
∎ Allocate Cash/Bank balances for vendor payment & day to days activities
∎ Daily reconciliation of cash collection and bank deposit
∎ Managing foreign investment receipt and related regulatory reports
∎ Forecasting weekly & monthly cash requirements of BU
∎ Maintaining Cash & Bank books and tracking daily, weekly & monthly cash flows
∎ Manage relationships with financial service providers
∎ Releasing payment through the online banking system
∎ Forecast daily cash requirements and execute daily financing decisions
∎ Monitor bank service fees and address quality issues
∎ Ensure timely deposition of withholding taxes
∎ Preparing files to take borrowings/ correspondence with financial service providers
∎ Prepare weekly & monthly budget variances analyzing the appropriate reason for the same
∎ Closely work with business team to minimize variances and to come up with possible recommendations
∎ Identifies cost-saving and profit-maximizing opportunities related to the treasury function
∎ Assist higher management in reaching organizational goals and BU wise KPI

Additional Requirements:
∎ More than 3 year’s Practical experience in treasury management
∎ Knowledge in preparing budgets
∎ Practical experience in fund management
∎ Advanced spreadsheet and modeling skills
∎ Familiarity with using Oracle NetSuite
∎ Advanced analytical, and interpersonal skills
∎ Sound knowledge of banking systems and processes
∎ Ability to work under pressure

Salary: Negotiable

Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Application Deadline: 25 Nov 2020

Company Information:
∎ 28 Oct 2020
∎ ShopUp
∎ Address : Mohakhali DOHS, Dhaka-1212
∎ Web : https://shopup.com.bd/
∎ Business : Shopfront Limited is the first company in Bangladesh to tap into the ever-expanding social media commerce industry and among the pioneer social commerce solution providers in South Asia. The company focuses on different ways to enable SMEs.

ShopUp is Shopfront Limited’s online solution to help SMEs in multi faceted means. ShopUp is Bangladesh`s leading full-stack B2B platform for small businesses. We provide easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small Businesses.

The different wings of ShopUp comprises eLoan- handling different credit related services, ShopUp reseller- sourcing, packaging, storing products for merchants, ShopUp Assist- helping with promoting online businesses, RedX- providing all sorts of logistical support and delivery.

ShopUp is an ever-growing company who believes in changing thousands of lives for the better. It provides opportunities to work hard and plays a role in making a significant impact in people’s career curves.

Category: Accounting/Finance