General Manager/ Head of Treasury Operations, Corporate Treasury

5 days left

Singapore, Singapore
03 Sep 2021
03 Oct 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
General Manager, Corporate Treasury

Bank Relationship Management
  • Arrangement and ongoing negotiation of all borrowings, bank relationship management, debt raising and issuances
  • Manage 40+ bilateral banking relationships, trade facilities, bank syndications & club deals
  • Develop new banking relationships and deepen existing banking relationships
  • Analyze & allocate products and geographic cross sell across banks
  • Review and agree on all facility documentation in conjunction with the Legal team

Working Capital Management, Capex and M&A Financing
  • Handle company's Centralized Funding Model and allocate and monitor funding to the various business units and geographies
  • Coordinate with Business Unit CFOs and Finance teams in creating funding strategies and lead the execution / implementation of the same
  • Work with Business and Geographic CFOs on working capital metrics and improving working capital productivity and operating cycle times.
  • Work with Business and Geographic CFOs on working capital and trade solutions for receivables, inventory, suppliers etc.
  • Manage liquidity raising for Project/ Acquisition financing plans from time to time

Capital Market transactions / Alternate financing structures
  • Participate in engagement and ideation with banks & investors on Capital Market transactions - Bonds/ Private Placements/ Perpetual Securities

Capital Structure/ Leverage/ Financing Cost

Lend support to the Head of Treasury to:
  • Effectively manage Financing Cost and re-rating of yield curve
  • Effectively manage the Leverage & Group Cash Flow in line with targets

People and Process
  • Provide strong guidance, support and technical leadership on treasury matters to team members and colleagues across the business units of the group
  • Cultivate an environment of continuous improvement, facilitating the development & progression of the Treasury team
  • Implementation of robust controls related to treasury matters to all parts of the group
  • Establishment and ongoing development of relationships with group finance, tax, legal and other central departments

Required Skills and Experience:
  • An experienced Corporate Treasury or Banking professional
  • Extensive technical treasury expertise in an international corporate environment or experience in a reputable bank
  • Treasury and/ or Masters qualifications (ACT/CA/MBA/CFA)
  • A sound knowledge of commodity supply chain and trade finance solutions is highly desirable
  • Demonstrable experience of making commercial decisions to preserve and protect group balance sheets
  • Strong leadership and communication skills
  • Be able to influence business unit leadership and executive management.

Head of Treasury Operations, Corporate Treasury

Cash Flow Planning, Liquidity and Facilities Management
  • Review cash flow planning and forecasting models, cash management arrangement with banks including cash positioning strategies
  • Determine and execute liquidity management strategies including cash concentration and sweeping structures
  • Manage global bank balances and execute daily financing decisions to ensure the right balance between adequate liquidity and funding costs
  • Analyse and optimise finance costs including negotiations with banks on fees, charges etc.
  • Working closely with the Head of Treasury to ensure that the short-term treasury needs of all businesses are met

Banking Operations Management
  • Oversee bank account administration including system set up and maintain banking access rights
  • Maintain the authorised list of signatories and communicate any changes to our banks / counterparties
  • Facilitate the KYC/ onboarding process with counterparties/banks
  • Coordinate with Business Unit CFOs and Regional finance teams to understand and support their liquidity / working capital requirements including operational support, guidance, and implementation
  • Support the business operations team on all trade finance related matters, such as L/C, SBLC, Banker's Guarantees issuances, confirmations, document negotiations, factoring etc.
  • Work with Corporate Tax team to decide and implement optimal intercompany loan facilities
  • Coordinate with Corporate Secretariat team on executing various facility agreements and related board resolutions
  • Oversee and ensure that the off-shore Global Business Services (GBS) delivers on its SLAs for various treasury activities (payments, accounting, reporting etc.)
  • Manage overall operational bank relationships

Treasury Settlements
  • Ensuring flawless and timely execution of treasury payments and streamlining of treasury settlement processes
  • Ensure timely debt service of credit facilities including funding/trade instruments
  • Coordinate with the FX desk to ensure timely settlements and FX exposure management
  • Monitor and resolve all payment related issues and ensure adherence to internal payment and sanction policies

Regulatory, Auditing, Compliance and Accounting
  • Work with Compliance team and the Business Units to ensure full compliance with AML and sanctions policies
  • Responsible for all aspects of treasury related accounting and financial, auditing, compliance reporting
  • Responsible for the preparation of financial statements of the Singapore treasury entity
  • Ensure that all bank covenants and reports are submitted on a timely basis

Treasury Policy, Reporting and Transformation
  • Formulate, develop, and improve Treasury policies, operations, and procedures; implement necessary internal controls and governance
  • Responsible for streamlined MIS reporting, dashboards, and analysis to support sound decision making
  • Drive the automation of Treasury operation processes and ongoing SAP TRM enhancements

People and Process
  • Provide strong guidance, support and technical leadership on treasury matters to the direct team as well as colleagues across the off-shore shared service center and operations teams
  • Cultivate an environment of continuous improvement, facilitating the development & progression of the Treasury team

Required Skills and Experience:
  • Degree qualified with 12+ years of hands-on treasury experience in a multi-national corporate
  • Proven leadership, people management skills, and track record of team development
  • Demonstrated track record of managing global teams, robust process management
  • Solid understanding of financial markets and global corporate treasury operations - including international cash and liquidity management, cash forecasting processes, banking operations, related process management, trade finance and compliance activities
  • Strong executive presence, communication skills, commercial acumen, and negotiating experience
  • Experience in international cash management & multi-currency pooling, Accounting and FX/IR hedging (IFRS reporting for financial instruments is a plus)
  • Experience with SAP TRM (knowledge of SAP is a plus)

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