Cash management

1 week ago


Singapore Caliber8 Full time

Cash Management - Manager or Executive (Leading European MNC)Our client is a leading European organisation and has 2 positions as expansion plans.Depending on experience, it could also be a lower budget for a treasury executive.OVERALL SUMMARYThe role of this function is to:Manage the liquidity position of the Group, including effecting payments and monitoring receipts.Responsible for all aspects relating to bank accounts and cash management platforms.Reporting into the Senior Manager Treasury.AREAS OF RESPONSIBILITYReconciliation of cash/account balances (actual vs anticipated receipts), including foreign currency.Maintaining up-to-date spreadsheets on a number of accounts.Arranging payments and ensuring sufficient cash reserves for upcoming payments across various bank accounts, including in foreign currencies.Optimising interest income on cash balances, fixing money market deposits with banks/financial institutions.Following up with banks on payments and receipts as well as general communication.Checking bank charges and interest accrued (both credit and debit).Preparation of cash flow projections & reports.Maintenance/opening of bank accounts (including those pledged to banks).Updating details of bank accounts, authorized signatories, addresses, etc.Responsible for all “Know Your Client” documentation.Co-ordinating with banks the Annual Audit Confirmation required by Auditors.Performing compliance checks on the payment transactions.Keeping in constant contact with Principals and other companies working for the same Principals.Responsible for ensuring that cash/account balances are within counterparty limits.For Cash Manager, mentoring/coaching of Treasury Executive, Cash Management (if any).Qualification / ExperienceAt least 5 years (for Cash Manager) in similar cash management function of a corporation.At least 3 years (for Treasury Executive, Cash Management) in similar cash management function of a corporation.Degree in Finance/Accounting/Business.Flair for numbers, meticulous, and possess good planning skills.Good communication skills – spoken and written English, and familiarity with banking terms as well as corporate secretarial requirements.Depending on experience, this role could be executive or manager.#J-18808-Ljbffr


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