General Manager/ Head of Treasury Operations, Corporate Treasury General Manager/ Head of Treasury Operations,  …

in Singapore
Permanent, Full time
Last application, 23 Oct 21
in Singapore
Permanent, Full time
Last application, 23 Oct 21
Posted by:
Billy Lim (HRnet One) • Recruiter
Posted by:
Billy Lim (HRnet One)
We have an exciting opportunity for a General Manager, Corporate Treasury & Head of Treasury Operations to work in a truly global environment to direct the Treasury activities including the effective management of funding and liquidity, banking relations and trade finance arrangements. The role provides long term potential for someone eager to further develop their career within a fast-paced sector.

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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