Senior Manager
1 month ago
SP Group is a leading utilities company in the Asia Pacific, driving the future of energy with innovative, low-carbon solutions for its customers. We own and operate electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. Our strong culture is built on commitment, integrity, passion, and teamwork, providing a conducive environment for our people to succeed.
We are seeking a self-motivated, dynamic, and talented individual to join our growing team. If you are passionate about upholding world-class grid reliability and driving a sustainable future for all, join us and make your mark in the energy industry today.
Key Responsibilities:- Assist in short-term and long-term cash flow projections, as well as daily cash management, to maximize yield on surplus cash.
- Monitor and help manage the liquidity needs of various business units.
- Provide support in implementing effective cash management solutions to achieve optimum liquidity and working capital.
- Help identify, evaluate, and propose actions to manage foreign exchange and interest rate risks that arise from the Group's operations.
- Work with settlements and accounting departments to ensure the Group's hedging activities meet the hedge accounting requirements.
- Negotiate and coordinate with financial institutions on hedging documentations such as ISDA.
- Assist in the assessment of the funding requirement of the Group's core business and assist in the development of appropriate funding strategies to raise cost-effective financing for the Group.
- Assist in the negotiation of bank facility agreements (bilateral and syndicated facilities) and implementation of commercial paper programme and updating of medium term note programme.
- Assist in the planning and execution of commercial paper and debt capital market issuances.
- Assist in forecasting and providing FX and interest rate assumptions for annual budget exercises.
- Support in the budgeting exercise for treasury-related requirements.
- Help organize meetings with rating agencies and debt investor update meetings.
- Provide logistic support and assist in the preparation of meeting materials with rating agencies and debt investors.
- Good degree in Business, Finance, or Accounting.
- Minimum 5 years of relevant treasury working experience.
- Extensive experience in managing surplus cash and implementing effective working capital solutions.
- Strong acumen in financial markets and risk management.
- Conversant with treasury derivatives and their applications.
- Good working knowledge of treasury-related documentation such as ISDA, loan agreements, commercial, and medium-term note programmes.
- Working knowledge of hedge accounting principles.
- Ability to write clearly and concisely.
- Excellent interpersonal and communication skills to deal with stakeholders of different levels.
- Able to travel.
- Join us to empower the future of energy.
- We offer a hybrid work arrangement to provide work-life balance while maintaining rapport at work.
- Immerse in a positive work environment that promotes teamwork and collaboration.
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