Assistant Manager Treasury

Description

Job Summary

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
• 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 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.
• Liaise 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.
  

Functional Skills

• 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. Good excel skill is a must Demonstrate fluency in English (both written and spoken)
  

Education & Work Experience

• Degree or professional qualification in Accounting/Finance or a related discipline Work experience
• Minimum 3 to 5 years experience in a similar role, preferably in a corporate treasury environment