Your new company
A Japanese MNC focusing on manufacturing and R&Dlooking to hire an interim Regional Treasury Specialist (3 – 6 months contract).
Location: CBD
Duration: between 3 to 6 monthsof contract
Salary: up to $6,200 permonth
Your new role
Ø The Regional Treasury Specialist supports the Regional Finance Manager on Treasury activities, and is primarily responsible for coordinating on group financing activities; reporting, forecasting and budgeting process
Ø This position is also responsible for directing and managing all treasury activities for the Company, including corporate banking and debt management, daily cash flow positioning, ensure sufficient funds for smooth operation, reporting, reconciliation of bank accounts, troubleshooting of daily transaction issues and execution of foreign currency deals.
Cash Management &Group Financing
· Oversee day-to-day cash and manage treasury functions to ensure smooth group finance and trade operations, including cash flow positioning, loan drawdowns, FX exposure hedging, movement of funds, wire transfers, daily cash settlements, reconciliation of cash balances, exception investigations, issue resolution and account follow-up as required.
· Direct cash management and borrowing strategies, providing insight and recommendations to improve working capital and reducing cost of funding where possible.
· Review, analyze and forecast cash collections/disbursements, coordinating month-end treasury reporting and cash forecasting.
· Support overseas companies in fund management, recommend financing structures to meet funding needs, advise on banking transaction regulations, perform cash flow analysis, and coordinate group financing to support business requirements.
· Analyze macro economictrends and provide monthly financial and market outlook reports (including interest rate and FX trends) to management and subsidiaries to support funding, hedging and capital planning decisions.
· Liaison for credit facilities from both intercompany sources and banks
Risk Management &Hedging
· Execute effectivehedging strategy and analysis in accordance with risk management policy tominimize FX exposure risk.
· Formulate interestrate structure to ensure profitability and compliance from transfer pricing perspective.
Policy, Governance& Process Improvement
· Support to develop, implement and communicate global cash management policies and procedures, identifying strategic needs based on a global liquidity assessment, pursuing and evaluating best practices for funding and capital management.
· Identify methodology and process improvements to drive efficiency and improve accuracy of the group finance process.
Banking Relationship& Administration
· Evaluate bank services and fees; monitor bank performance and make recommendations for savings or added new services.
· Review bank account openings in Singapore and overseas countries, closings and authorized signers and manage the database of bank accounts
What you'll need to succeed
· Minimum Bachelor's degree in Finance and Accounting, 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 accounting concepts, critical thinking skills
· Prior experience in analysis of foreign currency exposure and hedge strategies is an added advantage
· Excellent skills in Microsoft Office (Excel, Word and PowerPoint)
· Prior working experience in the banking industry is an added advantage
What you'll get in return
This is an exciting opportunity to join a fast-paced MNC.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call Ernie at Hays on +65 6424 0157 or emailErnieza.Zailani@hays.com.sg for a confidential discussion.
Referrals are welcome.
Registration ID No. R1329386 | EA License number: 07C3924 | Company Registration No. 200609504D
