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Treasury Assistant Accountant


Treasury Assistant Accountant

Recruiter active 13 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
1 week ago

Experience level

Experienced Non-Manager

Job Function

Finance, Accounting

Min Education Level

Bachelor Degree

Job Description

Roles and Responsibilties

  • Checking and recording of cash receipts against receivable balance as per bank statements.
  • Update exchange rate in TCS and SAP.
  • Accounting of collections in appropriate GL (Debtors/Advances/Security deposits).
  • Any reversal of collection should be properly authorized based on Devolution of Authority.
  • Ensuring petty cash money lying with branches is not beyond the fixed limits.
  • Reporting of cash balances with branch to top management
  • Following up on open and unresolved deposit requests by customers includes internal and external liaisons.
  • Solve the problem concerning with the incoming transaction errors by dealing with the banks.
  • Providing inputs to accounting team for reconciliation of debtors & to treasury team for cash flow forecast.
  • Responsible for paying and receiving the Cash and handling the Save box.
  • Responsible for purchasing stamps and delivering to all concerned depts.
  • Providing bank statements for all Revenue bank accounts to all concerned persons daily and monthly.
  • Handling Internal & Statutory audits and resolution of audit observations.
  • Responsible for opening new bank accounts for the company.
  • Responsible for continuous monitoring of bank account activities.
  • Calculation and recording of bank charges, interest income and interest expenses.
  • Responsible for bank reconciliation and controlling for all revenue bank accounts.
  • Preparation of journal entries of all transactions involving GL accounting and reconciliation of other accounts related Balance Sheet and P&L accounts.
  • Perform timely and accurately monthly, quarterly, and annual financial closing activity.

Open To


Job Requirements

  • Degree in Accounting/ Management or part qualifications in equivalent professional accounting Qualification like CA / CIMA / CMA
  • 2 to 5 years collections accounting experience
  • Good Knowledge of accounting software & MS Office
  • Familiarity in insurance practices and procedures would be an added advantage
  • Good Learner

What We Can Offer


Bonus, Meal or Travel Allowance
Overtime payments
Reward for over performance


International Standards
Make a difference
Join an experienced team

Career Opportunities

Training Provided
Learn new Skills on the job
Promotion opportunities

About Our Company

* Established in September 2012 as part of KBZ Group of Companies under the name of IKBZ Insurance Co. Ltd., KBZMS is the first officially licensed private insurance provider in Myanmar. The minimum paid-up capital is (40) billion Kyats which is equivalent to (26.4) million USD. In November 2019, IKBZ Insurance entered into a joint venture with Japanese insurance giant MSI and took on the new name of KBZMS.

* We have a presence in Nineteen (19) Cities with twenty-one (21) branches including Yangon, Mandalay, Nay Pyi Taw, Taunggyi, Pyay, Pathein, Sittwe, Magway, Meikhitlar, Pakkouku, Monywa, Kalay, Myitkyinar, Lashio, Bago, Mawlamyine, Myeik, Myingyan and Tachileik.

* Our products cover the full range of general insurance needs from motor insurance to property, fire, shipping and health insurance for individual and groups.

* KBZMS is always committed to providing the best service to our customers, implementing Global Standards in Operations and Corporate Governance, ably assisted by our qualified staff and professional agents.

* Headquartered in Yangon, KBZMS has an extensive network, backed by KBZ Group with many thousands of Insurance customers across Myanmar. Using International Management Methods, Technology and Marketing to expand our customer base, we are “Insurance You Can Rely On” and our 24 Hours Customer Contact Center Service will ensure your peace of mind.