Main Purpose of Job
· The Treasury Manager supports the RegionalFinance Manager on Treasury activities, and is primarily responsible forcoordinating on group financing activities; reporting, forecasting andbudgeting process.
· This position is also responsible for directingand managing all treasury activities for the Company, including corporatebanking and debt management, daily cash flow positioning, ensuring sufficient fundsfor smooth operation, reporting, reconciliation of bank accounts,troubleshooting of daily transaction issues and execution of foreign currencydeals.
Responsibilities
1. Cash Management & Group Financing
· Oversee day-to-day cash and manage treasuryfunctions to ensure smooth group finance and trade operations, including cashflow positioning, loan drawdowns, FX exposure hedging, movement of funds, wiretransfers, daily cash settlements, reconciliation of cash balances, exceptioninvestigations, issue resolution and account follow-up as required.
· Direct cash management and borrowing strategies,providing insight and recommendations to improve working capital and reducingcost of funding where possible.
· Review, analyze and forecast cashcollections/disbursements, coordinating month-end treasury reporting and cashforecasting.
· Support overseas companies in fund management,recommend financing structures to meet funding needs, advise on bankingtransaction regulations, perform cash flow analysis, and coordinate groupfinancing to support business requirements.
· Liaison for credit facilities from bothintercompany sources and banks
2. Strategic Capital Management & Advisory
· Evaluate cost of capital and funding structureto ensure optimal financing mix for the region.
· Analyze macroeconomic trends and provide monthlyfinancial and market outlook reports (including interest rate and FX trends) tomanagement and subsidiaries to support funding, hedging and capital planningdecisions.
· Analyze and recommend suitable banking productsand financial solutions to enhance operational efficiency and support businessgrowth.
· Support M&A and restructuring activitiesfrom funding and treasury perspective.
3. Risk Management & Hedging
· Execute effective hedging strategy and analysisin accordance with risk management policy to minimize FX exposure risk.
· Formulate interest rate structure to ensureprofitability and compliance from transfer pricing perspective.
· Identify areas of risk and initiate ad-hocanalysis to quantify risk.
4. Policy, Governance & Process Improvement
· Support to develop, implement and communicateglobal cash management policies and procedures, identifying strategic needsbased on a global liquidity assessment, pursuing and evaluating best practicesfor funding and capital management.
· Identify methodology and process improvements todrive efficiency and improve accuracy of the group finance process.
· Drive treasury system improvements andenhancements to strengthen reporting, automation and operational efficiency.
5. Banking Relationship & Administration
· Evaluate bank services and fees; monitor bankperformance and make recommendations for savings or added new services.
· Review bank account openings in Singapore andoverseas countries, closings and
· authorized signers and manage the database ofbank accounts
· Establish and support banking relationships
· Support on liaison with corporate secretary onresolutions in relation to finance activities.
Competencies Required
· Excellent verbal and written communicationskills. Ability to express oneself clearly in conversations, interactions andbusiness writing with others.
· Develop and maintain good relationships withemployees at all levels within the company and with external parties.
· Ability to work cooperatively as a team and staycommitted together on the task at hand.
· Having a high sense of integrity, transparencyand accountability in all work tasks and interactions with others. Must be ableto work with and handle highly confidential data.
· Detailed, well-organized and able to multi-taskand manage multiple projects at the same time, prioritizing required actionsaccordingly to meet required deadlines.
· Strong drive to remain focused, self-motivatedand committed to completing or achieving tasks.
· Meticulous and pays attention to details toensure minimum errors in work.
· Be cost conscious and aware of divisionalcontribution to company profitability.
· Must be able to travel overseas if required.
Knowledge and Experience Required
· Minimum Bachelor's degree in Finance andAccounting, Business Management, Business Administration, or in relevant fields
· Minimum 8 years’ relevant Treasury experience,especially in a regional or global role
· CPA or CFA designation is preferred
· Excellent knowledge of financial and accountingconcepts, critical thinking skills
· Prior experience in analysis of foreign currencyexposure and hedge strategies is an added advantage
· Excellent skills in Microsoft Office (Excel,Word and PowerPoint)
· Prior working experience in the banking industryis an added advantage
· Prior experience of working in multi-culturalenvironment is an added advantage
HOW TO APPLY:
Interested applicants, kindly send your resume in MS WORDformat to ref76@trustrecruit.com.sgor please click on “Apply Now”.
We regret only shortlisted candidates will be notified.
Important Note: Trust Recruit Pte Ltd is committed tosafeguarding your personal data in accordance with the Personal Data ProtectionAct (PDPA). Please read our privacy statement on our corporate website www.trustrecruit.com.sg.
Trust Recruit Pte Ltd
EA License No: 19C9950
EA Personnel: Zhang Nian Kathlynn
EA Personnel Reg No: R26160093
