Advertised on 19-6-08. Application deadline on 18-7-08.

ING Insurance Berhad is part of the ING Group, an international financial services institution of Dutch origin. With a staff force of approximately 120,000 employees, the ING Group provides banking, insurance and asset management to over 60 million customers in more than 50 countries. As of the end of 2006, the Group had investment assets under management of EUR 600 billion, total assets worth EUR 1,227 billion and shareholder funds worth EUR 38 billion.

In Malaysia, ING Insurance provides all classes of insurance ranging from Life insurance, general insurance and employee benefits. ING Insurance has the financial strength, experience, service center network as well as a team of well-trained employees and agents to serve its over 1.5 million customers nationwide. As at the end of 2006, its total asset worth was RM 8.6 billion, with a Paid-up capital of RM 140 million.



Finance Executive – Treasury, Cash Management and Bank Reconciliation
(Kuala Lumpur)

Responsibilities:

Key Accountabilities:

Cash Management

  • To liaise with relevant business lines and divisions for weekly cash forecast/projection
  • To monitor and administer cash balances on a daily basis and ensure adequate floats are maintained to meet all committed operational payment obligations and corporate payments
  • To ensure that optimum excess funds are transferred for investments on a timely and accurate manner so as to maximize returns
  • Responsible for the preparation of daily cash flow reports to facilitate the timely execution of funds transfers
  • Prepare monthly cash flow report for all business lines
  • Attend enquiries related to banking matters
  • Continually exploring cash management solutions to enhance cash concentration and liquidity management

Bank Reconciliations
  • Active hands-on involvement in the preparation and verification of bank reconciliations on a weekly basis, in full compliance with turnaround times (TAT) as documented in Policy & Procedures
  • Guide team in the investigation and understanding of the nature of bank reconciliation unmatched variances

Others
  • Actively update and document operational policies & procedures for related processes in Treasury especially pertaining to payment and collections
  • Support all Financial Control initiatives


Requirements:

Education/Work Experience

  • Recognised Degree in Accountancy/Finance or equivalent
  • Recognised professional qualification including membership with the MIA
  • Pursuing final level recognised professional accountancy examinations may be considered
  • At least 1-2 years supervisory work experience in finance/insurance industry, preferably in Treasury

Technical Competencies

  • Good working knowledge of Microsoft Word, Excel a prerequisite with preferably, SUN GL Accounting System, VISION
  • Good knowledge in accounting
  • Good internal control awareness
  • Sense of urgency – responds and follow-up promptly on matters
  • Ability and willingness to apply knowledge, skills and attitude in solving problems

The company offers a very competitive and attractive compensation package. You are required to submit a comprehensive resume indicating current and expected salary, together with contact telephone number and e-mail address.

Only application via online through JobStreet will be considered.


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ING Insurance Berhad
Menara ING, 84 Jalan Raja Chulan P.O.Box 10846 KL 50927.
Website: http://www.ING.com.my