Senior Treasury Manager

For manpower pooling

The Senior Treasury Manager will manage the overall Treasury functions of the company and its affiliates.

Duties and responsibilities:

Oversees and manages the following

LOANS & CREDIT LINES MONITORING & RENEWAL:

1. Accounts for All terms and Conditions of the Loan Agreement of each company.

2. Monitors all compliances required for submission in the Loan Agreements.

3. Coordinates and follows up compliance requirements with respective departments who will provide the reports one month before the due date.

4. Assists in the preparation of Project Loan Requirements; and transmittal of loan compliance requirements one week before the due date.

5. Assists in the negotiation of working capital loans and project loans and its documentation.

6. Recommends applicable improvements for the project and working capital loan terms and conditions.

7. Monitors and follows up renewal of expiring working capital lines one month before expiry.

8. Assists in the preparation of replies to queries of banks about the renewal of loan lines and updates required for project loans.

9. Monitors and coordinates with bank account officers or account assistants on loan documentation.

10. Coordinates with the Trustee about requested project loan requirement extensions and requests for approval of company-initiated revision on the loan terms and conditions.

11. Follow up SOA of Interest and Loan Payments as per agreed submission schedule and check appropriate interest used based on OLSA and accuracy of computation.

12. Prepares payment requests for loan and interest maturities two weeks before the due date.

13. Handles Standby LCs and Guarantee applications with the bank.

14. Monitors expiry of Standby LCs and Guarantees.

15. Handles LC opening, monitors LC negotiation and VAT payment follow-up original documents from the bank upon LC negotiation, transmittal of the original docs to procurement, and cancellation of remaining LC balance.

CASH MANAGEMENT:

16. Tabulates daily cash flow and fund movements to account for the company’s collections and disbursements accurately.

17. Prepares and reviews weekly cash position reports, daily cash balances, weekly fund movements, monthly collection monitoring reports, and month-on-month cash movements.

18. Extract the Direct Cash Flow (DCF) Report from SAP. Use the report in the categorization of disbursements and timing of collections.

19. Recommends fund movements, investments, and account transfers to the CFO and COO for approval.

20. Optimizes assets (receivables) and liabilities (payables) proactively to ensure cash liquidity

INVESTMENT MANAGEMENT:

21. Canvasses of Investment and published Loan reference rate.

22. Daily Tabulates canvassed investment rates and published Loan reference rates.

23. Weekly tabulation of cash requirements and excess funds for Investment;

24. Daily reconciliation transaction on Investment report to ensure all investments have been accounted for.

25. Accounts for Investments and investment documents and weekly tabulation of outstanding investment documents reconciled with the investment report.

26. Daily Canvas of Investment, Loan, and Foreign Exchange Rates

27. Daily Tabulation of canvass and published FX rates.

TREASURY OPERATIONS:

28. Oversees treasury operations, bank transactions, and daily reconciliation of bank account movements versus the bank’s transaction history.

29. Initiates SAP entries for incoming and outgoing payments. Monitors SAP postings for automated entries from bank integration.

30. Uploading, review, and SAP approval of all disbursements under SAP administration and Bank File Addon.

31. Monitors the accuracy of SAP bank files before uploading to the AUB Online Banking System. Endorses online disbursements for CFO and COO approvals.

TRADING AND HEDGING

1. Manages forex spot trades and hedging, long-term interest rate swaps, and other financial instruments to minimize financial risk, where applicable.
2. Manages and transacts derivative transactions
3. Collates data on economic outlook from reliable publications and agencies.

OTHER TASKS:

32. Assists in the coordination and documentation of leasing agreements if any;

33. Custodian of documents covering company-wide asset ownership and documentation of transactions;

35. Monitors, coordinates and negotiates powerplant insurance policies renewal and coverage.

36. Oversees the title processing, and land acquisition activities in powerplant.

37. Performs other related tasks that may be assigned from time to time.

Others:

College graduate of Commerce (Accountancy, Management, Marketing) or any related college courses

Previous experience working as Treasury Head

Must have work experience of 5 to 10 years in a related field including exposure to derivatives trading and similar financial instruments

With dynamic personality

Attentive to details

People-oriented

Must have a positive attitude

Must be trusted

Training on Treasury operations and cash management

With Treasury related certificates

Strong attention to detail, conscious about meeting deadlines and cut-off times.

Integrity – reliable and accountable for the actions

Independent, High-Stress Tolerance

Initiative, enthusiasm, and alertness to improve work

Willingness to help

Demonstrate and upholds the company’s value & ethics

Basic Accounting and SAP, advanced computer skills