Treasury Executive null

About Sime Darby

Sime Darby Berhad is one of the leading investment holding companies in Malaysia that operates in sectors of plantations, property, industrial, motors, energy and utilities, logistics, healthcare, and retail. The conglomerate owns 270 companies in 18 countries with Hong Kong, Singapore, and Australia having the most extensive operations.

Your role

In this role, you will have the following duties & responsibilities:

• Daily Funding:
  • To attend to Operating Units for funds requests for payments
  • To obtain daily bank balances of all bank accounts for all Operating Units and to execute funds transfers from one account to another
  • To ensure the bank balance of each bank account is maintained at a minimal level
  • To do placement for any excess cash in the bank account, especially for none wholly owned subsidiaries
  • To monitor the fund's movement to ensure fund transfers are executed within the bank cut-off time
• Borrowings:
  • To prepare and create documentation for external borrowings i.e. Bankers' Acceptance and Revolving Credit as and when funds are inadequate
  • To negotiate and get the best rates from banks for external borrowings
  • To monitor intercompany loans between the parent company and subsidiaries to ensure the movement is within the limit
• Financial Instruments:
  • To raise application of Letter of Credit and Bank Guarantee for Operating Units within the timeframe
  • To maintain the Letter of Credit Register and Bank Guarantee Register to ensure easy monitoring
  • To notify Operating Units of Bank Guarantee near to its expiry on a monthly basis
• Hedging:
  • To execute hedging requests submitted by Operating Units
  • To negotiate and get the best rates from banks for hedging
  • To maintain a hedging worksheet list to ensure outstanding foreign currency exchange contracts are settled on the maturity date
• Journal Entries:
  • To raise a journal for transactions performed in daily funding
  • To send out journals to Operating Units and to indemnify any issues arising from journals raised
  • To take prompt action in the journal should there be any outstanding items transacted by Treasury in bank reconciliation
• Documentation:
  • To deal with despatches from Operating Units to ensure documentation to/from Operating Units is received on a timely basis
  • To arrange to file such as monthly bank statements, bank advice, and journal to ensure easy monitoring of documentation
• Ad-Hoc Matter:
  • As and when required by the superior such as preparation of documentation for the opening of a new bank account

Training & development

Sime Darby Malaysia provides training and development to its employees as it allows them to grow in harmony with the company’s strategic business needs. A positive culture of learning helps employees become more agile and adaptive to shifting market demands and new business landscapes. Employees across the Group have access to a wide range of training ranging from core and specific skills relevant to employees’ job scopes to a personal development program.

Benefits

Aside from an attractive salary, as an employee of Sime Darby or its subsidiaries, you will also get the following benefits:

• Health care & insurance, dental insurance, life insurance, disability insurance, and vision insurance
• Maternity & paternity leave, childcare
• Vacation & Paid Time Off (PTO)
• Employee discount

Career progression

We don't find any specific information about career progression at this company. However, Sime Darby is the employer of choice for over 22,000 employees spread over 19 countries across the Asia Pacific region. At this company, opportunities are plenty for you to work with some of the world’s biggest brands in the heavy equipment and automotive industries.

Work-life balance

The regular working hours at the head office of Sime Darby Malaysia in Damansara are from 08:30 AM to 05:30 PM, Monday to Friday (9 hours per day, 45 hours per week). Then, according to employee reviews on another source, Sime Darby Industrial has a rating of 4.1 out of 5 for work-life balance. This company applies flexible hours of work and weekends are days off unless there is an event or job on weekends. The workplace culture is manageable as well.

Company culture

The workplace is said to be friendly. Senior employees are helpful and supportive of newcomers. They are willing to share knowledge and experiences that will assist fresh graduates in performing their daily tasks. Colleagues are also open to suggestions and new ideas that will make them more productive and efficient.

How to apply

To apply for this job, click the "Apply on employer site" button on this page. We will direct you to Sime Darby Malaysia's official link for this vacancy. Make sure you have read the details above properly.

Sources

The sources below were used in researching this page:

• simedarby.com/careers-centre
• glassdoor.com/Reviews/Sime-Darby-Reviews-E3508.htm
• glassdoor.com/Benefits/Sime-Darby-Malaysia-Benefits-EI_IE3508.0,10_IL.11,19_IN170.htm