Title:  Manager, Treasury

Job Summary

Implement the Group Treasury policy/practices and manage the execution, recording and reporting of all treasury activities

General Responsibilities

• Ensure all foreign exchange exposures are fully declared to Group Treasury and hedged, high quality and accurate cash forecasts, reduction in idle cash, tracking of bank fees
• Manage departmental operating budgets and costs according to annual allocation to ensure efficient usage of resources
• Implement the Group Treasury policy and practices to ensure effective governance over all treasury/cash management matters
• Declare and report country foreign exchange exposures to Group Treasury in a timely manner. Actively manage changes in amounts/timing of hedges based on changes of underlying purchase orders. Confirm and settle all foreign exchange deals in a timely manner
• Manage and coordinate all local bank relationships, including the establishment of local bank facilities and documentations based on Group Treasury instructions. Monitor bank service provision/pricing and local facility covenants
• Ensure timely and accurate forecasting of cash inflows and outflows reporting to Group Treasury. Track forecast deviations and recommend continuous forecasting improvements
• Ensure timely and accurate recording of treasury transactions, highlight any unusual items and resolve discrepancies. Prepare treasury reports for Group reporting
• Manage accounts receivable and accounts payable activities, where applicable. Monitor credit limits, customer creditworthiness, etc., including debtors and creditors aging. Prepare reconciliations, management reports and analyses related to accounts receivable and accounts payable
• Manage the country's special projects/initiatives to improve treasury/cash management processes, activities, reporting, etc., with focus on treasury infrastructure within the country
• Lead internal interactions and advise on matters related to treasury governance/practices. Liase with the Group on reporting of key treasury matters and financial risks
• Lead interactions with local regulatory authorities, bankers, auditors, etc. Furnish timely reports/information to external stakeholders according to local regulatory requirements
• Furnish timely reports/information to external stakeholders according to local regulatory requirements

Functional Skills and Knowledge

• Demonstrate sound knowledge and understanding of the business and industry
• Demonstrate sound knowledge and application of treasury/cash management principles and best practices
• Demonstrate sound knowledge and application of local/international accounting standards, principles and practices
• Demonstrate strong research and analytical skills
• Demonstrate proficiencies in office productivity tools (e.g. Excel, Word and PowerPoint)
• Demonstrate fluency in English (both written and spoken)

Education

Degree or professional qualification in Accounting/Finance or a related discipline