Role Summary: As a Treasury Manager, you will oversee cash flow and liquidity management, ensuring efficient, effective and accurate financial and administrative operations. Working closely with internal teams, you will enhance internal controls against fraud, forecast cash flows, and prepare reports for senior management. Your role is essential in maintaining financial stability, optimizing currency operations, and supporting decision-making through accurate cash flow consolidations and analysis.
Role and Responsibilities:
1. Cash flow and liquidity management
- Manage organizational cash flow, including TT & cheque payments, and oversee numerous international bank accounts for both incoming and outgoing transactions.
- Liaise with banks for transaction processing, handle ad-hoc queries, maintain relationships, and manage KYC/compliance matters.
- Forecast and consolidate cash flows to address the organization’s short- and medium-term financial needs.
2. Foreign currency and repartiration
- Oversee the repatriation of specific foreign currencies into Singapore, ensuring regulatory compliance and optimal timing.
- Monitor FX requirements, recommending and managing foreign currency purchases as needed.
3. Internal controls and risk management
- Strengthen and maintain internal controls to prevent fraud, phishing, and other security risks.
- Able to identify and manage financial risks such as currency risk, interest rate risk, and credit risk.
4. Treasury operations and bank loan management
- Manage comprehensive treasury functions, including cash management, bank loans (rollovers, drawdowns, compliance), and intercompany loans.
- Oversee cash pooling/sweeping and forex hedging to maximize liquidity and minimize FX exposure.
5. Cash flow reporting and analysis
- Ensure the accuracy and timeliness of cash flow reporting and prepare weekly cash flow consolidations.
- Develop and present treasury reports, cash flow forecasts, and financial analyses to senior management and stakeholders, providing insights to support financial planning and decision-making.
6. Banking and relationship management
- Establish and maintain effective banking relationships, negotiate terms to optimize banking services and minimize transaction costs.
- Act as the primary contact for external banking partners, handling KYC, compliance, and transaction-related queries.
7. Manage the implementation of TMS
8. Take on any other duties or initiatives assigned.
Requirements:
- Degree in Accounting, Finance, Economics or relevant professional qualifications.
- At least 10 years of wide-ranging experience in financial planning and financial management in a MNC environment.
- Managerial Experience in leading a treasury team.
- Experienced in cash flow management.
- Knowledge of investment management strategies, including how to maximize return on short term cash while minimizing risk.
- Proficient in SAP, treasury management systems, and financial reporting tools.
- Excellent analytical skills, detail orientation, and experience in cash flow planning.
- Managerial Experience in leading a treasury team.
- Strong communication and relationship-building skills, with the ability to manage cross-functional relationships.
