Overview
The Treasury Assistant will support the Cashier and Deputy Cashier in monitoring cash receipts and contributions, and ensure the smooth functioning of alternative payment channels for timely remittances to beneficiaries.
Key Responsibilities
- Support the Cashier and the Deputy Cashier in monitoring cash receipts and contributions from member organizations;
- Prepare monthly and weekly cash forecasts;
- Prepare various periodic reports pertaining to contributions, disbursements, funds transfer and cashflow;
- Perform monthly bank charges analysis for all operational bank accounts;
- Address inquiries from the banks with respect to recall of funds, unapplied payments, provisional credits, compliance matters and notification of changes in payment routing;
- Follow up with banks for resolution of the cases;
- Investigate beneficiaries’ claims of non-receipt of payments, delays in payments and bank charges;
- Prepare stop payment requests for cheque and wire payments for the approval of the Cashier;
- Void payments and record cancellations in the operating system of the Fund;
- Assist Pension and Entitlement Section in payment instructions formatting with regard to banking details;
- Draft or prepare correspondence to respond to enquiries with respect to relevant financial matters;
- Download daily balance and transaction information for all operational bank accounts and prepare summary cash position;
- Provide guidance to and supervision of G-4 and G-5 staff;
- Assist with the processing and mailing of monthly payroll cheques to various pouch destinations;
- Advise concerned units when bank correspondent relationships are modified due to bank mergers, acquisitions, or any other reason;
- Assist the Cashier in the daily operation of the Cashier’s Section responsible for the transmittal of payments worldwide;
- Assist with the collection and analysis of data as well as preparation of data presentations and reports for information sharing, responding to queries, knowledge management, planning and decision making;
- Assist with visualizations and updating information material such as web pages or brochures;
- Perform other duties as may be required.
Required Experience
A minimum of seven years of progressively responsible experience in accounting, finance, or a related area is required. The minimum years of relevant experience is reduced to five years for candidates who possess a first-level university degree or higher. Full proficiency in Word, Excel, MS Access, and Integrated Pension Accounting System, especially in the area of payment reference, is required. Proficiency in using bank directory data to formulate payment routines, such as TGBR, is required. Experience in reading and creating SWIFT messages and understanding banking terminology is required. Knowledge of SCB Straight2Bank, JPM Chase Access payment systems, JPM Chase e_Serve services and Integrated Pension Accounting System especially in the area of payments is desirable. A minimum of one year of experience in data analytics or a related area is desirable.
Qualifications
High school diploma or equivalent is required.
