Assistant Manager - Cash Management Global Treasury Center Corporate Services
Posted on :
02-04-2024
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30 Vacancies
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Job Description
- Assist in determining Group and country cash levels.
- Decide on necessary actions to be taken based on the daily cash position, facility utilization and headroom
- Provide inputs and recommendation to Manager – Cash Management to mobilize cash to manage liquidity efficiently (minimize interest costs)
- Ensure efficient cash management on a daily basis by working closely with the Manager – Cash Management, as well as the Invoice-to-Pay (I2P), divisions and business units’ Financial planning and analysis (FP&A) teams.
- Ensure that accounts are funded in right currency and on-time
- Assisting in optimization of cash concentration at header level whilst ensuring the divisions’ daily liquidity requirements
- Assist in negotiation of group and country cash pooling arrangements
- Regularly reviewing the structure and pricing of cash management solutions
- Ensure proper records are maintained in Treasury Management Systems (TMS) for all transaction, working closely with Treasury Back Office Tower (TBOT)
- Short term Cash Flow forecasts
- Assist in setting group-wide cash forecasting guidelines
- Report and analyse a short term 12-month rolling direct cash flow forecast on a bi-weekly basis in conjunction with divisions and business units’ Financial planning and analysis (FP&A) teams
- Assist in assessing the funding requirements for the Group and its subsidiaries
- Consolidate and maintain cash flow forecasts in Anaplan
- Perform regular variance analysis reports and discuss deviations with the divisions
- Prepare and maintain consolidated short-term cash flow forecast as per the Manager – Cash Management guidelines
- Assist in the Management of In-House bank (IHB) funding strategy
- Assess in coordination with Senior Manager – cash management and Global Treasury Center - Financial Risk Management (GTC/FRM) whether short term cash requirements should be funded from internal or external sources
- Assist in managing an in-house bank aimed at funding all short-term transactions on behalf of the Group companies from either pooled cash or utilizations of trade finance facilities provided by banks, optimizing net interest for Group and Group companies
- Ensure proper records are maintained in TRM for all transaction, workiing closely with Treasury Back Office Tower (TBOT)
- Ensure compliance with Group treasury policies
- Provide inputs to Global Treasury Center - Governance, Risk Control & Transformation (GTC/GRCT) team on all reporting aspects
- Coordinate with TBOT to run daily cash position reports
- Provide inputs into cash management strategy including IHB and treasury policies
- Support all Treasury transformation projects, including further roll-out of TMS, and automated cash pooling strategies across the Group entities
- Support Trade Finance function as and when required
- Prepare Adhoc reports as and when required
- Excellent skills and knowledge of Microsoft Office
- Knowledge of SAP TRM or equivalent is a plus
- Analytical skills
- Knowledge of banking products – Trade Finance
Employment Type
Full Time
Company Industry
Department / Functional Area
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