Why explore
- An opportunity to work on shaping and delivering the key strategic priorities for one of the world’s largest companies in new and exciting areas
- Engage and influence senior leaders and make a meaningful difference in people’s lives today and into the future
- To invest in a diverse long-term career
- Be recognized for your contribution, thinking, and hard work, and go home knowing you’ve helped the world to progress.
- Based in Singapore, a global commercial hub for Rio Tinto
About the role
We are looking for an experienced Manager - CTBP, an experienced Finance Professional to join our Commercial Treasury team in Singapore. Reporting to the Director of Commercial Treasury Business Partners, this position is a highly visible and impactful role. The variety of experiences that Commercial Treasury offers makes it an intellectually stimulating and demanding area to work in. In an environment where both markets and the external economy can significantly affect Rio Tinto, you will develop a thorough understanding of the financial markets and will be able to deploy technical treasury skills to help realize business strategy. This role requires robust trade finance and financial assurance skill sets as well as strong relationship and leadership management skills when engaging with senior external financial counterparties as well as internally with commercial, business, and finance leadership. If you're a highly motivated, analytical, results-driven mature finance professional with great communication, intellectual curiosity, and a passion for fast-moving commercially challenging work, this is the job for you.
Reporting to the Director - CTBP, you will:
- Act as the key global treasury partner and advisor to Rio Tinto product groups, commercial functions, strategic business entities, and Finance Business Partners collaborating across organizational stakeholders in Finance, Treasury, Global Services, Legal, and Tax.
- Provide day-to-day advisory and banking/financial market expertise support to the business
- Working with commercial & finance teams to improve cash and working capital focus. Develop strategies and lead evaluation, structuring, and execution of trade finance solutions (e.g. factoring, supply chain finance) to optimize business cashflows and drive commercial value across the financial supply chain in support of business objectives.
- Responsible for developing and managing trade and supply chain finance banking relationships
- Responsible for Trade & Supply Chain Financing including Factoring, Bank Guarantees: identifying needs, advising on sources of funding, delivery of bank services, and ensuring adequate bank facilities are in place to meet the needs of the business.
- Co-manage Global Trade Credit Insurance program with Commercial Credit Risk lead;
- Risk management: identifying, analyzing, and mitigating against financial risks, assisting in, or leading risk management activities.
- Support RT’s digital transformation journey with customers, partners, and vendors by providing competitive banking, payments, financing, and Fintech solutions to support business growth while managing risks.
- Supporting the underlying business as a source of treasury management expertise: understanding how the business works.
- Drive and lead project management that requires cross-group collaboration, distilling complex concepts into clear components, and developing views and recommendations.
- As a treasury/finance expert support Treasury leadership in building a fit-for-purpose Treasury Vision and future state, with a keen eye for continuous improvement as well.
About you
To be successfully considered for this role, you will have:
- Bachelor Degree in Finance, Accounting, Economics, or equivalent.
- MBA, CPA/CA, CTP (Certified Treasury Professional), AMCT (Diploma in Treasury Management), CTFP (Certified Finance and Treasury Professional) or similar preferred.
- At least 10 years of progressive treasury/finance management experience in a large multinational with previous experience working with or on treasury-related issues.
- Displays strong leadership qualities, a team player with the ability to work independently in a fluid and sometimes ambiguous environment; capable of adjusting in both day-to-day and large-scale activities based on new information and developments.
- Sound understanding of trade working capital drivers, contract to cash & purchase-to-pay processes, and their impact on Rio Tinto’s cash flow/liquidity.
- Solid understanding of trade finance solutions (e.g. factoring, supply chain financing, inventory financing, letters of credit discounting, etc.) and various financial assurance instruments.
It will be beneficial if you have:
- Direct relevant experience in corporate treasury is required as the individual is expected to hit the ground running.
- Experience in running strategic business priorities that require collaborating and working across multiple functions, stakeholders, and senior management.
- This role requires a driven and mature individual with a strong ability to understand business requirements from a commercial perspective, display analytical rigor, and structured thought process that can be articulated to internal and external audiences.
- Has held leadership roles of significant scope.
- Some experience or foundational understanding of cross-border trade finance & working capital solutions, and financial assurance is a plus.
- Proven ability to meet or manage deadlines while working on multiple projects.
- Keen eye for process improvement and leveraging technology / digital solutions as an enablement is a plus.
