Treasury Analyst

About WorldFish

“WorldFish is a leading international research organization working to transform aquatic food systems to reduce hunger, malnutrition, and poverty. It collaborates with international, regional, and national partners to co-develop and deliver scientific innovations, evidence for policy, and knowledge to enable equitable and inclusive impact for millions who depend on fish for their livelihoods. As a member of CGIAR, WorldFish contributes to building a food- and nutrition-secure future and restoring natural resources. Headquartered in Penang, Malaysia, with country offices across Africa, Asia, and the Pacific, WorldFish strives to create resilient and inclusive food systems for shared prosperity.

For more information, visit: www.worldfishcenter.org”

About the Position

The Treasury Analyst will report to the Account Manager and will support the end-to-end accounts receivable process across the operation. The Treasury Analyst is entrusted with the task of overseeing cash-flow activities including cash-flow forecast, supervision of the organization banking accounts movements, optimizing foreign exchange activities, monitoring of third parties’ funds and ensuring compliance with the financial policies and procedures as set by WorldFish and CGIAR. S/he will also play a key role in ensuring the master data, segregation of duties and data quality is optimal.

Key Responsibilities

• Manage daily banking activities and serve as the primary contact with banks. This includes handling incoming funds, fund transfers, payment verifications, payment rejections, submitting bank forms, and responding to bank inquiries.
• Maintain strong communications and relations with domestic and global banks and other financial service providers.
• Facilitate the opening of new banking relationships as needed.
• Prepare cash flow forecasting to ensure sufficient funds are available for operational and capital investment needs.
• Review and analyze banking fees and interest rates to identify cost reductions and maximize the interest income.
• Manage multi-currency funds to mitigate loss from foreign currency exposure due to exchange rate fluctuation.
• Ensure standard exchange rates for the organization are prepared accurately according to the policy and upload twice monthly into the system as per scheduled.
• Review and prepare bank resolution to notarize by Public Notary when required.
• Supervise and responsible for the validity and completeness of all accounting documents posted globally in the accounting system.
• Analyze variances from foreign exchange revaluations.
• Develop and prepare treasury and receivables reports.
• Overall responsibility for the management of Trade and Non-Trade receivables.
• Ensure billings are on a timely basis and in accordance with donor agreements.
• Review fund requests from country offices.
• Review bank reconciliations.
• Support in the development and updating of treasury operational policies and training materials.
• Responsible for proper maintenance of all finance files and their archiving.
• Any other responsibility related with financial affairs of the Center assigned by the Accounts Manager.

Requirements

The successful candidate will have:

• Master / Bachelor’s Degree in Accounting with membership in an internationally recognized accounting institute.
• Minimum 5 years of relevant experience with at least 5 years demonstrated management experience in financial control and management functions;
• Multi-country experience is essential, experience at a regional or global level highly desirable.
• Demonstrated knowledge in non-profit financial accounting, planning and budgeting;
• Leadership skills on coaching and mentoring, and ability to develop teamwork;
• Demonstrated high level of influencing, communication skills, and ability to manage change;
• High level of analytical skills related to financial management and control;
• Strategic and tactical thinker with high level of integrity;
• Demonstrated ability to liaise with senior management, donors and key partners;
• Proficient in English language both in writing and oral;
• Ability to provide technical guidance and leadership to professional personnel in financial matters; and
• Sound knowledge on income tax and VAT computation.

Desirable Skills/Experience

• Experience working in a donor funded organization.
• Working knowledge of an ERP software system (e.g. Oracle, SAP, Agresso) would be an advantage.

Benefits

This is a Nationally Recruited Staff (NRS) position and WorldFish offers a competitive remuneration package including comprehensive benefits (but not limited to) insurance coverage for staff and eligible dependents, employer provident fund contribution, paid leave and others. The duration of the contract will initially be for a three-year period with possibility for extension, depending on funding and performance.

Your application must include:

• A copy of your curriculum vitae,
• A cover letter which addresses key requirements stated above; and
• Contact information of three professional referees who may be contacted if you are short-listed for the position.

To be considered, applications must be submitted by no later than 24:00 (MYT), 25 July 2024.

Location: The post holder will be based in Penang, Malaysia. This position will involve international travel.

The screening will start immediately and will continue until the position is filled. Due to the high volume of applicants for WorldFish positions, we appreciate all interest, but only short-listed candidates will be contacted.

Our Gender, Diversity and Inclusion Commitment

WorldFish has seven offices across Asia, Africa and the Pacific, with more than 400 staff and 27 nationalities who contribute to a dynamic multicultural work environment.

WorldFish is committed to promoting a work environment where diversity and inclusion is valued, and we seek to have gender balance in the organization. We aim to also seek balance across other diverse dimensions.

People in WorldFish are treated equally irrespective of gender, ethnicity/race, national or social origin, disability, religion, political affiliation, age, family size, marital status or any other form of personal identity.

We are an equal opportunities employer and strongly encourage qualified women and men from developing nations to apply.

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