Specialist, Treasury

FINANCIAL CONTROL
Malaysia

Mid Senior level


Why PayNet / Why Now

  • PayNet manages liquidity and financial flows as Malaysia’s national payments infrastructure, where precision and reliability are non-negotiable.
  • This dedicated role is expected to bring a strategic, disciplined and structured approach to cashflow, liquidity, funding, and cash risk management and provide market insights and best practices to support decision-making and safeguard financial assets for PayNet and its subsidiaries/affiliates.
  • Strong treasury and governance discipline protects PayNet’s liquidity, stability and resilience as a national critical information infrastructure (NCII).

TL; DR

  • Own treasury execution across liquidity, cash positioning, and financial asset management.
  • Drive accuracy and discipline in cash visibility and funding flows.
  • Act as a reliable operator across treasury processes and counterparties.
  • Balance control, efficiency, and responsiveness in a regulated environment.

Why This Role Matters

  • Weak treasury decisions expose PayNet to liquidity, operational, and reputational risk.
  • Strong treasury discipline enables confident decision-making and smooth transaction settlement flows.
  • Requires judgment in prioritising cash movements and resolving operational issues, not just following routines.
  • Directly impacts PayNet’s ability to operate seamlessly during high transaction volumes or volatility.
  • This role requires integrity and detailed oversight over cash management and administration.

What You Will Actually Do

  • Own daily cash positioning, balances tracking, and cash flow visibility.
  • Manage treasury operations covering bank accounts, compliance with approval mandates, periodic cash position/cashflow reporting, bank account reconciliations, and cash management arrangements.
  • Execute bank account operations, mandate adherence, and payment flows with discipline.
  • Monitor transaction settlement flows and remittances, intercompany funding transactions and timely escalation to leadership on funding requirements, where appropriate.
  • Provide treasury input and execution support for new initiatives, entity setups, and organisational entity changes, including highlighting financial/liquidity implications and risks and capital structure considerations.
  • Serve as the primary interface on treasury related matters with banks and external treasury counterparties.

Examples of This Role in Practice

  • Spotting a potential shortfall in cash position early and escalating with options to resolve.
  • Resolving reconciliation breaks quickly to maintain accurate financial records.
  • Coordinating funding transfers across entities to meet operational needs on time.
  • Keeping treasury data and reporting clean for leadership to trust instantly.

What Will Help You Succeed

  • Experienced, hands-on corporate treasurer, familiar with cash management strategies and implications on liquidity, accounting and tax.
  • Strong ownership of accuracy and timeliness in financial operations.
  • Discipline in execution with attention to detail.
  • Curiosity about how cash, systems, and operations connect end-to-end.

APPLY

About the Company

Payments Network Malaysia Sdn Bhd

Embark on an exciting career journey with Payments Network Malaysia Sdn Bhd (PayNet), the heartbeat of Malaysia's financial markets!

As the national payments network and a pivotal infrastructure for Malaysia’s dynamic financial markets, PayNet is a linchpin in advancing the nation’s digital economy.

Our comprehensive suite of retail payment solutions - encompassing DuitNow (QR and P2P), JomPAY (Bill Payments), FPX (Online), MyDebit (Domestic Debit), MEPS (ATM), and IBG (Interbank GIRO) - not only offer wide accessibility but are seamlessly integrated into the fabric of daily life in Malaysia. These services have revolutionised the way Malaysians handle financial transactions, marking a significant leap in consumer convenience and efficiency.

At PayNet, our focus is on providing a safe, efficient, and innovative payments system. We are dedicated to improving and managing payment services that meet the evolving needs of consumers and businesses. Our work ensures the stability and reliability of Malaysia’s financial system, supporting the growth of the economy.

Learn more about our work and how we are contributing to Malaysia's financial future at www.paynet.my.

Join us in embracing digital payments and advancing Malaysia's financial landscape.