Description:
We are seeking a experienced Corporate Treasury Operations Lead to oversee and manage the treasury operations for our group, which includes xx entities comprising branches and subsidiaries. This role is pivotal in ensuring efficient cash management, liquidity optimization, and treasury operations activity across the organization. The ideal candidate will have a strong background in liquidity and cash management strategies, with a working knowledge of FX operations.
Key Responsibilities
- Lead and mentor the Corporate Treasury Operations team, ensuring the team is aligned with the strategic goals of the organization and operates efficiently.
- Oversee cash management for all group entities, ensuring optimal liquidity and efficient use of funds, while managing overnight cash investments to maximize returns and minimize risk.
- Implement strategies to optimize liquidity across the organization, and ensure adequate funding for operational and strategic needs while observing tax requirements.
- Streamline treasury processes to enhance operational efficiency and reduce costs.
- Manage all aspects of trade finance, including parent guarantees, bank guarantees and letters of credit.
- Collaborate with Accounts Payable and Accounts Receivable to identify opportunities for working capital optimization across entities.
- Ensure accurate forecasting and timing of entity cash balances and funding requirements.
- Collaborate with Tax on monthly cash repatriation activities, including capital infusions, dividends, intercompany loans and ensuring accurate forecasting and timing of entity cash balances and funding requirements.
- Prepare and present daily cash forecasts, group long-term liquidity demand forecasts, and monthly finance reports, providing commentary and insights on cash positions to senior management.
- Support the development and implementation of corporate FX and interest rate strategies to manage financial risk, as needed, providing insights and recommendations to optimize financial performance.
Qualifications
- BA or BS in economics, finance or business. MBA - preferred
- 10 years of progressively more senior experience in treasury operations
- Broad treasury experience - ideal
- Strong written and oral communication skills
- Desire to foster strong team relations across a global footprint
- Experience or at minimum exposure to implementing in house banking and netting processes
- Persistent, collaborative, achievement oriented