SM Development Corporation
JOB DESCRIPTION:
1. Treasury Operations (TO)
Communicates with concerned creditor bank with regards to request for Statement of
Account (SOA), Official Receipt (OR), reconciliation of outstanding CTS financing
balances on a monthly basis and reconciliation of accounts for CTS financing.
Sets parameters in the Criteria Maintenance of the Funds Management Portal (FMP) on
a weekly basis during availment period for the qualification of accounts for CTS
financing.
Reviews the revalidated accounts for CTS financing in the FMP and forwards the same
to authorized signatories for final approval.
Confirms the veracity of computations of principal/interest due, interest accrual and
interest rebate on prepayment, if any, on settlement of CTS financing accounts.
Handles coordination of CTS financing related matters such as CTS financing-ITH
Availment calendar, disqualified accounts for revalidation to concerned departments.
Complies with the requirement of the bank to submit the duly signed Certification of Pre-
Payments for settled CTS financing accounts through coordination with BCD;
2. Corporate Finance Management (CFM)
Manages the preparation and on-time submission of required documents during
application for new CTS financing facility and its renewal through coordination with other
departments.
3. Financial Risk Management (FRM)
Handles the annual submission of required documents in compliance with the
developer’s continuing obligations.
Consolidates the annual budget of the section and monitors utilization of assigned
specific expenses and ensures that everything is within approved budget.
4. People Management (PM)
Oversees the work of Treasury Assistants on all CTS financing related transactions and
reporting and ensures that everything is carried out properly according to set turn-around
time and follows established procedures and policies.
Attends coordination meetings related to CTS financing when requested and provides
valuable inputs and feedback thereafter.
5. Records/Document Management (DM)
Performs the initial review of the CTS Financing Memorandum of Agreement (MOA)
before the same is forwarded to Legal Department for further review and comments.
Manages and maintains complete and accurate consolidated monitoring of outstanding
CTS financing accounts through the use of the Funds Management Portal (FMP) and
ensures that ending balances of all outstanding accounts are properly reconciled with
the concerned creditor bank and Accounting Department on a monthly basis.
Guarantees the organized and complete maintenance of all files/records on all CTS
financing related transactions such as but not limited to MOA, Marketing Agreement,
APR/DOA, SPA, proof of transactions e.g. ORs, RFLAs to name a few and the regular
uploading of CTS Financing MOA and related documents to Share point
6. Business Relationship Management (BRM)
Maintain regular communication with creditor banks on CTS financing related matters
and concerns.
7. Others
Checks and ensures the timely submission of reportorial requirements of the Unit (Annex
A).
Performs other task or special projects related to his/her roles and position within the
department.
JOB QUALIFICATIONS
Graduate of Business course preferably Accountancy, Banking and Finance.
With at least four years of solid managerial experience in Finance or Treasury in the
same capacity.
About SM Development Corporation
SMDC is the largest and fastest-growing real estate developer in the Philippines. Championing perfectly integrated commercial and residential environments, SMDC provides every Filipino and its investors access to a sustainable and attainable cosmopolitan lifestyle. Through masterfully planned and award-winning complete developments, SMDC has been providing the dream homes of Filipinos in Metro Manila and other key cities in the Philippines.
5/F Two E-Com Center, Harbor Drive MOA complex