Treasury Assistant (Bank Relations)

Elev8 Holdings, Inc.
₱18,000 – ₱21,500 per month

Job Summary:
The Treasury Assistant (Bank Relations) is responsible for maintaining strong relationships with banks and financial institutions to facilitate the organization’s financial operations. This role involves coordinating with various departments to ensure efficient cash management, optimizing banking services, and managing banking documentation.


Key Responsibilities:

1. Bank Relationship Management:

– Develop and nurture strong relationships with banks and financial institutions.

– Act as the primary point of contact for all banking-related matters.

– Negotiate terms and conditions with banks to optimize services and minimize costs.

– Stay updated on banking industry trends and regulatory changes that may impact the organization.

2. Cash Management:

– Monitor daily cash positions and forecast cash flows to ensure adequate liquidity.

– Execute cash management strategies to optimize cash balances and minimize idle cash.
– Initiate and approve electronic fund transfers, including wires, ACH, and other payment methods.

– Coordinate with accounting and finance teams to reconcile bank accounts and resolve discrepancies.

3. Banking Operations:

– Oversee the opening and closing of bank accounts as needed.
– Manage banking documentation, including account agreements, signature cards, and resolutions.

– Ensure compliance with banking regulations and internal policies.
– Review and approve bank fees and service charges for accuracy and reasonableness.

4. Financial Analysis and Reporting:

– Assist in preparing financial reports related to cash management and banking activities.

– Analyze bank fees, interest rates, and other banking costs to identify potential savings opportunities.

   – Generate ad hoc reports and analysis as requested by management.

5. Risk Management:

– Assess and mitigate risks associated with banking relationships and cash management activities.

– Implement controls to safeguard against fraud, unauthorized transactions, and operational errors.

   – Monitor compliance with internal controls and recommend improvements as necessary.

QUALIFICATIONS:

– Bachelor’s degree in finance, accounting, or related field.

– Prior experience in treasury operations, cash management, or banking.

– Strong analytical skills with attention to detail.

– Excellent communication and interpersonal skills.

– Proficiency in Microsoft Excel and financial software applications.

– Knowledge of banking regulations and financial markets.

– Ability to work independently and prioritize tasks effectively.

Employee Benefits:

-HMO – Medicard with Dental Coverage
-Life Insurance 
-Retirement Plan
-Yearly salary Increase
-Year End Bonus
-Birthday Allowance
-Newly Wedding Benefits – 10,000.00
-Referral Program – earn up to 3,500.00 per referral
-Daily breakfast
-Anytime Fitness – Gym Subscription (Upon Regularization)
-3 Days Bereavement leave w/ 5,000.00 Financial Assistance
-Service Incentive Leave – 12 days VL and 12 days SL (25% convertible as cash yearly)
-Career Trainings
-Friday Night Bonding
-Quarterly Company Events (Sports fest, Team Building, Christmas Party)
-13th month Pay
-Ambassador Awards and other Employee Recognition
-Team Bonding

Company Profile:
Elev8 Holdings, Inc. was born on September 23, 2011 to offer world-class quality support services to its subsidiaries. Since its inception, Elev8 Holdings now includes Legal and Compliance Department, which handles all legal risks and governmental compliances, and the Continual Quality Improvement Department, which ensures the continuous improvement of the organization by abiding by ISO 9001 standards. By February 7, 2018, the management decided to align its corporate structure with its goal to become a public company and incorporated Elev8 Holdings, Inc which is now houses the Group’s Corporate Support Services.

Company Address: 6F Vernida IV Building, 128 L.P Leviste St., Brgy. Bel Air Makati City
Company Email: careers@elev8holdings.com.ph
Company Website: https://elev8holdings.com.ph/
Working Days and Hours: Monday to Friday (8:30AM – 5:30PM)