Cash Management Leader

Introduction

Concung Corporation is an extremely fast growing company with one new store opened every day. By the end of 2020, our annual revenue is more than $500 million USD with 1,200 baby stores. Concung Corporation is a company for mom & baby. With the vision of providing good quality products for children, we invest into Research and Development in order to manufacture and provide products that are suitable to the local market in terms of pricing and quality. All of our products must follow strict safety standards. We also invest into technology in order to manage the retail network efficiently. Concung Corporation is one of the domestic retail company with the leading modern management ability. Concung Corporation is also a technology company. 

Concung Corporation is dynamic and vibrant. Our management team are mostly in the age of 30s. Many of them are now holding the director positions with highly competitive benefit packages. Our corporate culture is transparent, result oriented and fast decision making. We nurture and support the creativity and originality of ideas.  Our working environment allows talents to prosper and promote quickly.

Job description

As our Cash Management Leader you will be responsible for all aspects of the cash management function, including the development and management of systems for the effective collection of revenues and payment of obligations. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner while in compliance with policy and regulations.

Specific tasks for this position will include but are not limited to:

-   Directs cash management operations to include daily cash administration, management of current accounts and bank relations.

-   Reviews and drives improvements in cash management, ensuring financial obligations are met in accordance with Company policies and procedures.

-   Completes all cash management set-up documentation for new and existing department processes; prepares correspondence and proposals directed to and for cash management.

-   Timely reconciles cash application and disbursements.

-   Monitors cash transactions to ensure that bank account balances to the report and any unusual items are investigated.

-   Forecasts, monitors and tracks cash flow (weekly, monthly, quarterly etc.), cash liquidity

-   Prepares cash flow reports, and identifies and evaluates variances.

-   Receives incoming wire transfers and processes outgoing wire transfers.

-   Assists with project assignments and financial reporting.

-   Supervises one Treasury Officer

-   Keeps the best relationship with current banks

-   Proposes loan facilities to finance controller with current banks and new bank(s) if any

-   Minimize financial cost and maximize financial income

-   And other assigned tasks

Qualifications

-   Bachelor’s degree in Finance or Accounting

-   Requires 3-5 year experiences in Finance or Accounting, with a strong background in Treasury.

-   Designation as a certified Cash Manager or Certified Treasury Professional would be a plus.

-   In-depth knowledge of financial statements and financial statement analysis, including an ability to analyze cash flow and the impact on the financial statements.

-   Familiarity with bank cash management systems.

-   Excellent oral and written communication skills, along with the ability to communicate and negotiate with a variety of internal and external constituencies.

-   Strong managerial, planning, organizational, decision-making, interpersonal, analytical, and lateral thinking skills.

-   Working knowledge of MS Word, Excel.