Treasury Mgr for a global conglomerate (based in Tuas)

• More than 5 years of experience in the Treasury function
• Strong Treasury knowledge – in particular, FX, liquidity and cash management. Interest rate management experience is useful but not a must
• Experience in bank docs negotiations – including on-boarding/KYC, Facilities Agreement, ISDA is preferred but not a must

Our client is a renowned and global leader in providing integrated offshore and marine engineering solutions. It is based in Tuas (with islandwide transport provided). For this role, the person can work from home 3 days in a week.

For this role, you are part of the global treasury team. Key functions:

Responsibilities:

Strategic Treasury 

• Support, enable and enhance the business and achieve broader finance goals through efficient and effective Treasury
• Valued partner/Advisor to internal stakeholders on all Treasury matters
• Streamline existing processes to optimise deployment of resources
• Change champion mind-set – work with other internal stakeholders on transformation initiatives
• Continuous upgrade of Treasury knowledge 
• Corporate Finance-related workstreams
• Support Group Finance on other Strategic Treasury initiatives Core Treasury 
• Ensure Group-wide compliance to Group FX / Group Treasury Policies (GTP)
• Propose changes, support review of GTP as necessary
• Facilitate internal and external audits
• Initiate and maintain banking relationships
• Facilitate Bank on-boarding / KYC requirements and periodic reviews 
• Maintain and propose enhancements to Treasury Management System (TMS) 
• Increase TMS usage within the Group 
• Provide Treasury support to all Group subsidiaries
• Partner to Business Finance for Journal/Accounting requirements

Foreign Exchange (FX) and Interest Rate (IR) Risk Management

• Contact point and advisor to internal stakeholders on all FX/IR matters 
• Support Commercial units with FX/IR forecasts and guidance for project tenders 
• Monitor developments and macro trends in global markets 
• Ensure FX hedging in line with GTP, identify natural hedges within the Group
• Propose and justify IR hedging 
• Prepare FX/IR hedging papers for approval by FX Committee / Exco / Board 
• Execute FX/IR hedges with banks and post-trade follow-up Liquidity Management
• Manage Group-wide liquidity through cash-sweep and inter-co funding through In-House bank
• Optimise gross debt levels and minimise borrowing costs 
• Progressively establish/refinance banking facilities for In-House Bank 
• MTN/bond programme - maintenance and issuances
• Maximise returns from cash at bank
• Ensure timely and updated cash-flow forecasts from Shared Services
• Ensure sufficient funding at subsidiaries and management of inter-co loans

Trade Finance 

• Monitor and ensure availability of Trade facilities with banks 
• Review and negotiate trade documentation (eg. Bankers’ Guarantee)
• Provide (automated) Banks’ Credit Ratings to internal stakeholders Management Reporting
• Prepare regular FX/IR/Liquidity updates for Management/Exco/Board
• Prepare Compliance reports (eg. VaR)
• Other Financial Reporting requirements of the Group

Special Projects

•  Implementation and Upgrading of Treasury Management System
• E-payment initiatives

Requirements                                                                                                                                                                                                        

• Bachelor’s degree or equivalent in Business, Finance or any related discipline
• More than 5 years of experience in the Treasury function
• Strong Treasury knowledge – in particular, FX, liquidity and cash management is essential
• Interest rate management experience is useful but not a must
• Experience in bank docs negotiations – including on-boarding/KYC, Facilities Agreement, ISDA is preferred but not a must
• Open to corporate treasury cands or cands from banking (doing trade finance or treasury markets)
• Experience in using and implementing Treasury Management Systems (TMS)
• Open to being based in Tuas (Islandwide transport provided) .Also for this role, the person is allowed to work from home 3 days in a week.
• Open to the following official work hours: Mon-Thu: 7.30am – 5.15pm, Fri: 7.30am  – 4.15pm.
• Has a good work attitude. Keen to learn and willing to be hands-on

To apply, pl send your cv in word doc to resume@cap-cg.com. Pl also include details on your current salary, expected salary and notice period in your cv.

We regret to inform that only shortlisted candidates will be notified.

Posted by:
CAP Consulting (EA license: 14C7175)
Caroline Poh (EA Registration: R1105649)

Date ad is posted -8 May 2022