Assistant Manager Treasury & Payables at Coats | Karachi …

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 speciality 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:www.coats.comRole Purpose:The Assistant Manager Treasury Payables will be responsible for managing and executing all treasury and payable functions to ensure timely, accurate, and compliant financial transactions. This role will oversee vendor and group payments, bank reconciliations, and treasury operations while maintaining strong relationships with banks, brokers, and internal stakeholders. The position requires hands-on experience with SAP S4 HANA and a strong understanding of financial controls, audits, and payment processes to support the companys liquidity, compliance, and operational efficiency.Key Responsibilities:Process foreign vendor and group company payments in accordance with company policies.Execute bi-monthly and urgent payment runs for local vendors.Handle payments for custom duties, statutory obligations, taxes, utilities, and credit card bills.Manage petty cash, record expenses, and issue reimbursements.Process FNF settlements, provident fund (PF) loans, and withdrawals.Conduct payable aging analysis, cleansing, and vendor reconciliations.Perform bank reconciliations, maintain E-Treasury portal updates, and manage forex rate updates in SAP.Coordinate with banks for facility renewals, negotiation of charges, and authorization matters.Liaise with insurance brokers for asset, stock, and other policy renewals.Support external and internal audits, ensuring compliance with internal controls and audit requirements.Qualifications and Experience:ACCA / CIMA / CA Finalist / MBA in Finance or related field.Minimum 34 years of relevant experience in treasury and accounts payable functions.Proficiency in SAP S4 HANA and MS Office tools.Strong analytical ability, attention to detail, and excellent communication skills.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. 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. Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. Trusted by the world’s leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality 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.