Senior Manager Treasury

Job Purpose:

Oversee and efficiently handle liquidity management to meet the working capital requirements of the business units. Manage finance cost within the budget and maintain strong relationship with the counter parties/banks. Explore opportunities for cheaper financing to reduce the Group’s financing cost in coordination with Group Treasurer. Hedge the liabilities to mitigate the future losses of the principal payments. Manage Group’s insurance portfolio efficiently to minimize risk exposure of the group and provide necessary insurance services to subsidiaries.

Key Accountabilities:

• Liquidity Management: Ensure and optimize cash position by minimizing the ideal cash through netting while reducing the finance cost. Restrain the finance cost within the budget by managing cash flows through forecasts and regular reviews. Maintain one year cash forecast and update the actual on monthly basis. Report to CFO the updated position of the liquidity for future course of action.
• Working Capital Management: Manage the working capital facilities based on the forecasted payments to improve the utilization of facilities by wide base of appropriate funding alternatives for present and future finance requirements. Evaluate foreign exchange and hedging on a quarterly basis to align exposure to the fluctuations in foreign currency.
• Relationship Management: Establish and maintain strategic relations with counter parties/banks and provide them with required documentation while responding to their queries to ensure maintenance of good partnerships. Maintain the relationship with other business units and finance team.
• Insurance portfolio: Ensure all the group insurance requirements are covered and explore the opportunity to enhance the current coverage. Review insurance coverage on all policies covering various assets and potential liabilities/risks to balance costs and risks.
• Corporate Governance: Develop, Implement and manage treasury, Insurance policies and procedures ensuring all the covenants are met with various counter parties and all treasury transactions are updated on time. Work closely with internal and external auditors.
• Team Management: Conduct regular performance reviews. Coach, counsel and provide complete support to the team by providing necessary tools. Create and ensure implementation of training plans and programs enable the team to accomplish their tasks efficiently. Coordinate with the HR department for recruitment (internal/external) as required.

Qualifications & Experience:

• Bachelor’s or Master’s Degree in Finance or equivalent.
• 10 – 12 years of minimum experience in Accounting, Finance and Treasury; out of which 4 years of them should be on managerial treasury position within a diversified group.
• Experience in trading industry.