about the company
Strong branding in the market with a long standing history, this global mnc has been gaining market share in the few years.
about the role
As a Treasury Manager, you will play a pivotal role in overseeing cash flow and liquidity management, ensuring efficient, effective, and accurate financial and administrative operations. You will collaborate closely with internal teams to enhance internal controls against fraud, forecast cash flows, and prepare comprehensive reports for senior management. Your expertise will be essential in maintaining financial stability, optimizing currency operations, and supporting strategic decision-making through detailed cash flow consolidations and analysis.
You will manage the organization’s cash flow, overseeing TT and cheque payments and handling numerous international bank accounts for incoming and outgoing transactions. Your role involves liaising with banks to process transactions, managing ad-hoc queries, maintaining relationships, and handling KYC and compliance matters. Additionally, you will forecast and consolidate cash flows to address the short- and medium-term financial needs of the organization.
In overseeing foreign currency and repatriation, you will ensure the timely and compliant repatriation of specific foreign currencies into Singapore. Monitoring FX requirements and recommending as well as managing foreign currency purchases will also be part of your responsibilities.
Your focus on internal controls and risk management will strengthen measures to prevent fraud, phishing, and other security risks. You will identify and manage financial risks, including currency, interest rate, and credit risks, ensuring the company’s exposure is minimized.
Your role will encompass comprehensive treasury operations and bank loan management. You will manage cash flow, oversee bank loans (including rollovers, drawdowns, and compliance), and handle intercompany loans. To maximize liquidity and minimize FX exposure, you will supervise cash pooling and sweeping operations, as well as forex hedging. Ensuring the accuracy and timeliness of cash flow reporting, you will prepare weekly cash flow consolidations and develop detailed treasury reports. These reports, along with cash flow forecasts and financial analyses, will be presented to senior management and stakeholders to support informed financial planning and decision-making. You will establish and maintain strong banking relationships, negotiating terms to optimize services and minimize transaction costs. Acting as the primary contact for external banking partners, you will handle KYC, compliance, and transaction-related queries. Additionally, you will oversee the implementation and management of Treasury Management Systems (TMS) to enhance operational efficiency. Taking on additional duties or initiatives as assigned will also be an integral part of your role.
skills and experience needed
The ideal candidate should possess a degree in Accounting, Finance, Economics, or relevant professional qualifications. You should have at least 10 years of experience in financial planning and management within an MNC environment, coupled with proven managerial experience leading a treasury team. Extensive experience in cash flow management and a deep understanding of investment management strategies to maximize short-term returns while minimizing risk are essential.
Proficiency in SAP, treasury management systems, and financial reporting tools is required. Strong analytical skills, attention to detail, and experience in cash flow planning will set you apart. Additionally, strong communication and relationship-building skills are vital, as you will need to manage cross-functional relationships effectively.
To apply online please use the 'apply' function (EA: 94C3609/ R1439933 ).
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