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Patrocinado por BlinkistMain characteristic of the role:
This position will oversee the treasury operations , ensuring efficient management of cash flow, liquidity, and financial risk. This role involves strategic planning, financial analysis, and collaboration with various departments to optimize the company’s financial performance. This role is responsible for regional cash and working capital management, foreign exchange risk management, treasury accounting, trade financing, bank administration and rationalization, general and credit insurance matters, and Intercompany transactions.
Main accountabilities of the role:
Borrowing, liquidity and cash management
• This role has primary focus on the local borrowings, cash management and liquidity management of the Hyva entities in the region.
• Set up new banking relationships, plan local/regional borrowing facilities, optimize the cash management in the region. Timely payment of interest repayment of loans, on maturity.
• Improve local/regional working capital investment by factoring/invoice discounting/supply chain financing facilities and improve local/regional liquidity/interest cost.
• Explore and connect with new banking partners to improve liquidity.
Banking
• Overseeing and maintaining bank relationships in the region, annual reviews, manage the opening, closing and maintenance activities of bank accounts and signature levels, administration of banking portals/users.
• Assist Hyva team with the periodical KYC refreshes and AML compliance of the banking partners.
• Work with business controllers and accounting services team to ensure compliance to internal treasury policy for bank account management.
• Reduce bank fees by continuous review of banking products and take necessary actions.
• Issuance of financial instruments like bank guarantees, letter of credit, bank drafts etc. to support local business activities.
Cash flow and liquidity management
• Coordinate the cash repatriation initiatives locally/regionally, liaising with the stakeholders, including transfer of dividend, intercompany loans, management fee, royalty etc.
• Place surplus funds to investment account, following Group Treasury policy.
• Work with local banks/central bank to include local Hyva entities to global intercompany netting program.
Reporting
• Monitor, analyse, and report on key balance sheet account positions including cash levels and inter-company balances; support the analysis and execution of approved intercompany movements and netting activities and other treasury related reports
• Provide strategic reporting and analysis to Global Tax and Treasurer and support global Treasury initiatives
Other Activities
• Review and approval of supplier’ banking details changes globally and maintain related data, reports and KPIs
• Reporting to the group treasury on regular/adhoc basis, including monthly credit facility template, foreign exchange exposure data etc.
Requirements:
- Educational Level: Chartered Account/ CFA / MBA- Finance (Full time)
- Professional Experience: 5+ years of relevant experience
- English
