Reporting to: Treasury Manager
Duty Post: BGC, Taguig
Application Duration: This job posting will remain open until the vacancy is filled.
Treasury Manager
The position is responsible for Treasury activities for the entities in the Philippines and to support the Treasury Manager Philippines. The position is responsible for:
- Local financing and daily cash flow management- Investment of excess cash
- Support for local banking relationships with the international and local/ regional banks
- Implement and maintain cash management systems/solutions in the country.
The Treasury Manager ensures that all the appropriate and applicable Treasury governance and processes are in place. He/She will support Central Group Treasury activities such as customer credit management, global banking relationships, cash management implementations, FX risk management and cash forecasting.
Responsibilities
Local Entity Financing (3 entities):
- Responsible for local bank financing and guarantee lines for operating entities
- Responsible for I/C financing and deposit agreements (including TP analysis, accounting, and operational activities)
- Ensure compliance of I/C financing with loan agreements and local regulations
- Management of Central Bank documentation and reporting requirements. Ensure clear alignment and fast issue resolution with the regulators.
Local Bank Relationships:
- Selection and management of local banks relationships in line with global banking strategy
- Maintain and ensure effective relationships with local and international financial institutions in the country
- Lead banking service reviews in the country
- Review and monitor minimum bank account balances requirements in the country
Planning, Cash Repatriation Strategies & amp; Processes:
- Assist with the coordination and review of entity planning input for LE and ASP (Treasury items only)
- Implementation of debt/equity structure in the country
- Review Treasury aspects of business flows and impact on financial metrics
Treasury Operations:
- Management of bank accounts
- Facilitate loan applications with the regulator
- Handle FX transactions
- Ensure compliance to Treasury P&Ps
- Ensure process alignment among the market, factory and GBS entities for treasury operations
- Support the Treasury Director APAC Cluster for the Treasury Operations in the Cluster
Position Requirements:
- Minimum Bachelor's Degree in Finance, Accounting, Economy, or related field from reputable university.
- Minimum 5 years experience in Treasury Lead role from FMCG company or Banking industry.
- Fluent in English (both speaking and writing)
Functional Skills:
- Treasury Finance
- Banking Leadership
