Assistant Manager Treasury

5 days ago

Karachi, Sindh, Pakistan Coats Full time 900,000 - 1,200,000 per year

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials.
These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and specialty threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Headquartered in the UK, Coats* connects talent, textiles, and technology to make a better and more sustainable world.

For more info, visit our website:

Role Purpose:

To ensure accurate and timely management of the organization's financial obligations by processing vendor, statutory, and employee-related payments, maintaining reconciliations, and overseeing treasury activities. The role is responsible for managing banking and insurance relationships, ensuring compliance with statutory requirements, supporting audits, and maintaining strong financial controls to safeguard company assets and optimize cash flow.

Key Responsibilities:

  • Process foreign vendor and group payments in a timely and accurate manner.
  • Manage bi-monthly and urgent local vendor payment runs.
  • Handle statutory obligations including customs duties, taxes, utility bills, and credit card payments.
  • Administer petty cash, record expense bills, and process employee reimbursements.
  • Record and process Full & Final (FNF) settlements, Provident Fund (PF) loans, and PF withdrawals.
  • Maintain accounts payable by cleansing aging reports and performing vendor reconciliations.
  • Conduct bank reconciliations, update E-Treasury portal, and maintain forex rates in SAP.
  • Liaise with banks for facility renewals, negotiation of charges, and management of account authorizations.
  • Coordinate with brokers for renewal of insurance policies on assets, stock, and other business requirements.
  • Support internal and external audits, ensuring compliance with control reviews and regulatory standards.

Qualifications and Experience:

  • ACCA, CIMA, CA finalist, or MBA in Finance/Accounting.
  • Proficient in SAP S/4HANA.
  • Minimum 3–4 years of relevant experience in finance, accounting, or payables management.

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

Apply now to be part of our dynamic team and help shape the future of textiles.

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