APL Logistics Americas, Ltd Manager, Treasury in Singapore, Singapore
This job exists primarily because of the Company’s need toactively manage its liquidity, cash, credit risk, compliance & control,counterparty risk and financial risk exposures from the financial market, eachof which individually or collectively, may adversely impact its financialperformance of the company. Other related responsibilities include internal& external stakeholders management and managing other ad-hoc treasuryprojects.
To establish, evaluate and propose appropriateCash Management solutions to ensure optimum liquidity structure.
To establish the cross border projects such asGlobal RFP for Cash Management
To execute FX transactions- FX Spot and FXForward
To monitor cash balances in respective accountto assure no overdraft position and to ensure idle funds are remitted toCorporate or place in FDs.
To prepare consolidated weekly cash position reportfor Management Reporting
To review and update flowchart for CashManagement Structure
To review and approve PO and banking relatedpayment
To manage the Corporate’s cash flow andborrowings to ensure sufficient liquidity for the Group
To establish and review intercompany loanfacility and maintain information for ICO loan reporting purposes.
To issue RFP for Global Credit Card Solution toease the liquation of the Group and to achieve better Control and Compliance onCard Management.
To establish Global Hedging Strategy and Policy
To Identify and evaluate FX/IR risk of the Groupand provide recommendation for appropriate action to mitigate FX risk.
To Manage and monitor FX/IR hedging portfolio ofthe Group
To incorporate, review and support CommercialTeam for matter relating to Financial Risks associated with TransactionalActivities or Commercial Contracts.
To incorporate a strategy to measure theEffectiveness of the Financial Instruments
To maintain and implement FX Management Segmentin ACS123 (Billing System) for effective and better governance on BillingSystem.
Counterparty Credit Risk
To Manage the Group’s counterparty credit riskframework
To develop processes and procedures to promoteadoption and adherence to counterparty counterparty credit risk’s parameters.
Policy and Compliance
To establish, update and maintain Treasury’srelated Policy and Operating Manuals (POM).
Any other ad-hoc or new assignment
To lead process improvement projects andinitiatives
To prepare Monthly Treasury Reports forManagement Reporting purposes.
A degree in finance, accounting or businessmanagement
At least 6 years of experience in Treasury function
Understanding of treasury products such asforeign exchange contract, FX contract is a must
Proficient with Microsoft Excel and computerapplications (preferably SAP)
Primary Location: SG-SG-Singapore
SGP Singapore - The Metropolis(S001)
9 North Buona Vista Drive
#15-02 The Metropolis Tower 1
Job Schedule Full-time
Job Type Standard
Travel Yes, 25 % of the Time
Req ID: 180000BJ