Treasury Manager
- Recruiter
- None
- Location
- Singapore, SG
- Salary
- Competitive salary
- Posted
- 12 May 2021
- Closes
- 02 Jun 2021
- Ref
- 2179186503
- Job role
- Treasury
- Sector
- Accounting - Public practice
- Experience level
- Manager
Reporting to: Group Head of Treasury (Jamaica)
Qualification: Degree in Accountancy, ACCA & Singapore CA
Professional qualifications: Member of ISCA (The Institute of Singapore Chartered Accountant)
Job Profile:
- Ensure maximum Cash Repatriations to DGL and work with teams to ensure that appropriate structures are in place to support this. Achieve budget and forecast cash repatriations to Group ensuring that these forecasts are accurate, reliable and achievable.
- Issue weekly cash report for PNG's FX, and cash forecast ensuring aggressive timelines and targets are achieved. Provide accurate and insightful reporting to enhance treasury reporting
- Review current cash level and cash flow projection from local SFMs to identify area of cash surplus/deficit, ensuring more effective & efficient use of cash. Ensure min cash balances in markets.
- Coordination of month-end close process with local SFMs and other relevant teams to meet Group's internal deadline.
- Collect and review month-end reports, such as capex, debtor, inventory and cash, ensuring the numbers agree to HFM for arithmetical check and identify any under/over-provision.
- Review all restricted cash accounts to ensure the validity of recognition.
- Manage and report on all cash flow and financing matters, including budget, actual & forecast for DPL.
- Prepare consolidated cash flow reporting packages and commentaries to ensure an accurate and insightful analysis of performance.
- Prepare quarterly capex & loan reconciliation reports to Group.
- Manage all inter-company transactions and ensure proper documentation & accounting record, e.g. royalty, management fee, dividend & MI, loan/payment on behalf, carrier, klickex, Ezetop etc. Ensure I/C optimization of balances in order to extract max cash from markets
- Manage changes in WHT rates, ensuring local SFMs apply the correct rates in WHT settlement (IC Transactions) and on time.
- Monthly interaction with HR team to ensure sufficient cash in place for monthly local & expat payroll in HO entities.
- Optimize and improve Group's treasury function, involving significant interaction with finance teams in pacific entities.
- Review treasury processes, practices and controls to ensure compliance with Group's policies, identify and implement improvements and efficiencies.
- Manage banking relationships to ensure getting the best possible value on FX trading, transaction fees and interest rates.
- Prepare budget and forecast for FX, and perform spot FX trade in HO entities.
- Update and maintain bank authorized signatories, open and close accounts.
- Handle all bank queries, e.g. KYC, CRS, certified documents etc.
- Review and ensure all financial covenants in the loan agreements are met.
- Handle both internal and external audit queries relating to treasury.
- Other duties as assigned
Reporting to: Group Head of Treasury (Jamaica) Qualification: Degree in Accountancy, ACCA & Singapore CA Professional qualifications: Member of ISCA (The Institute of Singapore Chartered Accountant)
Skills: Accounting, Ad Hoc Reporting, Annual Reports, Cash Flow, Cash Flow Forecasting, Cash Flow Management, Corporate Finance, Financial Accounting, Financial Reporting, Hfm, Management Accounting, reporting & analysis, Structured Finance, Trade Finance, Treasury Management, Us Gaap Reporting
Experience: 5.00-7.00 Years
Qualification: Degree in Accountancy, ACCA & Singapore CA
Professional qualifications: Member of ISCA (The Institute of Singapore Chartered Accountant)
Job Profile:
- Ensure maximum Cash Repatriations to DGL and work with teams to ensure that appropriate structures are in place to support this. Achieve budget and forecast cash repatriations to Group ensuring that these forecasts are accurate, reliable and achievable.
- Issue weekly cash report for PNG's FX, and cash forecast ensuring aggressive timelines and targets are achieved. Provide accurate and insightful reporting to enhance treasury reporting
- Review current cash level and cash flow projection from local SFMs to identify area of cash surplus/deficit, ensuring more effective & efficient use of cash. Ensure min cash balances in markets.
- Coordination of month-end close process with local SFMs and other relevant teams to meet Group's internal deadline.
- Collect and review month-end reports, such as capex, debtor, inventory and cash, ensuring the numbers agree to HFM for arithmetical check and identify any under/over-provision.
- Review all restricted cash accounts to ensure the validity of recognition.
- Manage and report on all cash flow and financing matters, including budget, actual & forecast for DPL.
- Prepare consolidated cash flow reporting packages and commentaries to ensure an accurate and insightful analysis of performance.
- Prepare quarterly capex & loan reconciliation reports to Group.
- Manage all inter-company transactions and ensure proper documentation & accounting record, e.g. royalty, management fee, dividend & MI, loan/payment on behalf, carrier, klickex, Ezetop etc. Ensure I/C optimization of balances in order to extract max cash from markets
- Manage changes in WHT rates, ensuring local SFMs apply the correct rates in WHT settlement (IC Transactions) and on time.
- Monthly interaction with HR team to ensure sufficient cash in place for monthly local & expat payroll in HO entities.
- Optimize and improve Group's treasury function, involving significant interaction with finance teams in pacific entities.
- Review treasury processes, practices and controls to ensure compliance with Group's policies, identify and implement improvements and efficiencies.
- Manage banking relationships to ensure getting the best possible value on FX trading, transaction fees and interest rates.
- Prepare budget and forecast for FX, and perform spot FX trade in HO entities.
- Update and maintain bank authorized signatories, open and close accounts.
- Handle all bank queries, e.g. KYC, CRS, certified documents etc.
- Review and ensure all financial covenants in the loan agreements are met.
- Handle both internal and external audit queries relating to treasury.
- Other duties as assigned
Reporting to: Group Head of Treasury (Jamaica) Qualification: Degree in Accountancy, ACCA & Singapore CA Professional qualifications: Member of ISCA (The Institute of Singapore Chartered Accountant)
Skills: Accounting, Ad Hoc Reporting, Annual Reports, Cash Flow, Cash Flow Forecasting, Cash Flow Management, Corporate Finance, Financial Accounting, Financial Reporting, Hfm, Management Accounting, reporting & analysis, Structured Finance, Trade Finance, Treasury Management, Us Gaap Reporting
Experience: 5.00-7.00 Years
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