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Treasury Manager, APAC

3 months ago

Singapore UL, LLC Full time

Reporting to the Senior Director & Assistant Treasurer, the Treasury Manager is responsible for the management of various treasury functions including the oversight and direction of UL Solutions’ Asia cash management function, provide treasury representation on various cross-functional teams, and supporting Treasury leadership with various initiatives.

  • Leads cash management process for the region. Supports treasury globally on cash concentration and consolidation goals and processes.

  • Manages and coordinates in-region intercompany loans and settlements (including netting), dividends between UL entities and capital contributions.

  • Manages the alignment and consolidation of bank activity for in-region entities.

  • Manages bank account administration (including Know-Your-Customer requirements), the creation of wire transfers, and debt compliance analysis and reporting as applicable.

  • Manages the analysis of treasury accounts and processes, recommends, and implements process improvements.

  • Cash forecasting for legal entities to manage liquidity and bank facilities.

  • Manages Bank fees and fee structure, daily cash position, and short-term investments

  • Oversees investment management for in-region post-retirement plans

  • Supports Finance and other functional management on various issue resolution.

  • Represents Treasury on various cross-functional teams and provides support on company initiatives.

  • Performs other duties as directed.

  • Bachelor’s degree in Accounting/Finance with 8-10 years of relevant experience.

  • Proven ability to collaborate effectively with internal departments such as Accounting, Tax, Legal, Insurance & Risk Management, and international affiliates to drive successful treasury initiatives.

  • Background in treasury activities, corporate loans, banking, and corporate insurance functions.

  • Experience in AR collection, finance support, and cash forecasting.

  • Excellent communication skills, with experience engaging across multiple levels and functions, including delivering clear presentations.

  • Strong analytical, organizational, and project management skills with keen attention to detail.

  • Proactive problem-solving abilities, including identifying potential issues and providing cross-functional solutions.

  • Experience in a global business environment, with a solid understanding of global processes and transaction flows.

  • Basic knowledge of Accounting theory and principles.

  • High proficiency in computer skills; treasury workstation experience is highly preferred.

A global leader in applied safety science, UL Solutions transforms safety, security, and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth.

The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission.

We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future.

From the adoption of electrification to the enablement of 5G and new mobility, we collectively look toward new frontiers, working for a safer world.​ Our science is your advantage.

Mission: Working for a safer world

UL LLC has been and will continue to be an equal opportunity employer. To assure full implementation of this equal employment policy, we will take steps to assure that:

Persons are recruited, hired, assigned and promoted without regard to race, color, age, sex or gender, sexual orientation, gender identity, gender expression, transgender status, religion, creed, national origin, ethnicity, citizenship, ancestry, disability, genetic information, military or veteran status, pregnancy, marital or familial status, or any other protected category under applicable law.