Treasury Manager, APAC

Job Details

Primary responsibilities include managing APAC liquidity, investments, and risk. Responsible for oversight and preparation of cash flow forecasts, settlement of foreign exchange transactions, APAC cash management, merchant services, and insurance matters. Responsible in assisting for calculation of foreign exchange translation risks and ways to mitigate those exposures in adherence with board approved hedging policy. This includes data gathering, analyzing, and forecasting foreign exchange revaluation risk by currency and developing executive presentations recommending strategies to mitigate this risk. APAC cash management responsibilities include approving funds transfers, oversight of preparation and analysis of complex cash flow models along with associated borrowing recommendations while maintaining SOX compliance. Assist with preparation and review of monthly, quarterly, and annual financial reporting and audit related schedules. Manages borrowing process for APAC. Maintains revolving credit facilities in China and other countries as necessary. Maintains Shareholder Loan Facility in China. Assists with the annual insurance renewal process for stock though put, property and casualty, including analyzing exposure data, recommending strategies, and maintaining broker relationship. Supports new store openings including opening bank accounts, setting up services, and merchant terminals.

Manages a high volume of work in a fast paced and friendly environment. Sets priorities for team members, both inside and outside of APAC and follows up to ensure execution. Must manage conflicting priorities of various internal and external parties through excellent time management, organization, and internal communication.

OF TIME

optional)

DUTIES AND RESPONSIBILITIES

Team and Project Management

• Supervises Treasury Analyst, APAC
• Help foster optimal team performance by managing, developing, and directing the work of less experienced team members inside and outside of APAC.
• Assists cross functional multinational teams to meet project goals.
• Coordinates team meetings and ensure constant communication within team.
• Proactively demonstrate leadership qualities such as collaboration, initiative, innovation, problem solving, accountability, planning and setting goal for personal development.
• Networks with peers to evaluate common and best practices.
• Serve as the treasury subject matter expert for the team.

Foreign exchange risk management and hedging program

Treasury / Cash Management (APAC)

Oversight the preparation of direct and indirect cash flow forecasts (APAC).

Planning for working capital requirements for APAC.

Ensures sufficient funds are available to meet ongoing operational and capital investment requirements.

Review and approve APAC daily cash positions, funds transfers, and daily investments / redemptions.

Ensures compliance with company Investment Policies.

Wires, ACH, Oracle payment files, intercompany transfers, foreign exchange settlements.

Maintain China Revolving credit facility

Understands all functionality and back-end setup of the system.

Opening and closing accounts

Bank resolutions, entity legal documents, tax forms, bank forms.

Prepares and or approves payments, transfers, and reporting user access for various bank systems.

Reviews actuals vs. forecast and investigates discrepancies for timely resolution.

Insurance (APAC)

Analyzes exposure data to ensure appropriate coverage program.

Ensures new locations / entities added timely.

QUALIFICATIONS

Education & Any Certifications Required

Year(s) of Experience & Background Required

Functional & Technical Competencies