Mahar Bawga Finance Co., Ltd.

About
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About Mahar Bawga Finance Co., Ltd.

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 201 to 500

Address

No.54B, Kabar Aye Pagoda Road, 8 Ward, Mayangone Township,Yangon, Myanmar.,ရန်ကုန်တိုင်း, Myanmar

ကၽြန္ေတာ္တို႔ ဘာေတြလုပ္သလဲ

Mahar Bawga Finance Company Limited (or MBF) is a Non-Banking Finance Institute incorporated in Myanmar on 6th May 2013 as a private company limited by shares, under the Myanmar companies Act 2013, and licensed by Central bank of Myanmar(CBM) to operate with registration number NBFI/FC(R)-04/08/2016.

Its key object is to provide credit facility & services to the informal and Micro, Small & Medium Scale Enterprises (MSME’s) sectors. MSMEs are marginalized and lack financial assistance from formal banking institutes.

MBF, Continually creates and commercializes products which are compatible with the needs and expectations of its client and do adopt services and product to position the company to compete favorably in a continual changing business environment.

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All Mahar Bawga Finance Co., Ltd. Jobs
1. Provide foreign exchange services to customers 2. Keep track of updated currencies 3. Making sure cash amount always tally 4. Handling back-end remittance operations and data handling 5. Ensure transactions are completed in an efficient manner with a high level of accuracy 6. Open / close branches as required and ensure all tasks and checks are completed 7. Follow compliance procedures, company policies and abide by all health and safety guidelines as per company standards 8. Perform administrative tasks such as filing, generating reports and maintaining mail correspondence 9. Monitoring stock levels of foreign currency and ensuring that minimum quantities are maintained 10. Accurate cash reconciliation and banking 11. Responsible for minimizing risk and mitigating errors 12. Play an active role in the day-to-day operation of the branch and supporting Travel colleagues with administrative duties 13. Willingness to participate in training appropriate to own development 14. Adhering to company policies and procedures 15. To undertake any other duties that may fall into the job criteria 16. To conform with all company policies and procedures 17. This job description is not intended as an exhaustive list of all duties and responsibilities of the post but simply reflects the key areas involved 18. Provide support and information to customers, over the counter and by phone 19. Maintain a cash float and follows balancing and reconciling procedures 20. Prepare daily ‘End of Day’ sheet at the close of each business da
- Developing a business development strategy focused on financial gain. - Arranging business meetings with prospective clients. - Conduct research to identify new markets and customer needs. - Build long-term relationships with new and existing customers. - Liaising with colleagues to develop sales and marketing strategies. - Preparing financial projections and sales targets. - Preparing sales presentations and participating in sales meetings. - Producing reports for management. - Attending conference, meeting and industry events. - Ensuring that people entitled to do so can inspect company records. - Initiate the other business unit of company - Additional duties as necessary.
Assist with overseeing operations for the departmental functions. Oversees other activities such as AP and AR check. Prepare and review the daily, weekly and monthly reporting of cash and funding of cash requirements. Ensure that cash is managed properly on a daily basis, including bank funding, transfers, and payments. Daily cash report, including daily input from bank statement, research for items and daily analysis of other receipts. Process with remittance advice for direct issuing to payers/receivers. Liaise with banks, as necessary, with requests and follows ups as necessary related to Cash/Bank operations. Utilize the reporting systems to generate reports and analysis related to receipts, payments and other transactions. Perform daily transactions analysis and reconciliations and report out daily balance positioning to management on a daily basis. Provide oversight agreed up with senior management to ensure that the appropriate controls include checks and balances are in place to ensure that the risk of waste, theft and fraud is minimized at each site location. Collaborate with accounting and other finance areas to identify and mitigate interest rate, commodity, and currency risk. Able to travel local or onboard. Ad-hoc assigned by Senior Management.
Developing a business development strategy focused on financial gain. Arranging business meetings with prospective clients. Conduct research to identify new markets and customer needs. Build long-term relationships with new and existing customers. Liaising with colleagues to develop sales and marketing strategies. Preparing financial projections and sales targets. Preparing sales presentations and participating in sales meetings. Working in a client’s business or in an office. Producing reports for management. Attending conference, meeting and industry events Ensuring that people entitled to do so can inspect company records. Initiate the other business unit of company Additional duties as necessary.
Mahar Bawga Finance Co., Ltd. Awards