Manager, Treasury
5 hours ago
COMPANY DESCRIPTION
As the world’s leading owner and operator of LPG carriers with five decades of operating experience, BW LPG promotes competitive, sustainable solutions to secure value for society and our stakeholders.
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment.
DESIGNATION : Manager, Treasury
RESPONSIBILITIES
Support the Head of Treasury to arrange medium and long-term funding, manage liquidity and sources of financial risks for the Company.
- Assist Head of Treasury in organising funding and developing a funding strategy for the Company
- Participate/lead the negotiation and establishment of new facilities (including facility amendments)
- Establish trade finance facilities for the trading business, yearly renewals and active monitoring of credit lines
- Monitor financial markets, identify risks and proactively recommend financial solutions/products to mitigate the financial impact on the Company due to volatility in financial markets.
- Keep up to date with new risk management products that are available/developing in the financial market and execute approved risk management plans.
- Assist the commercial team in evaluating projects and their impacts on financial covenants
- Prepare and review monthly reports, board meeting materials and other reports.
- Ensure that the Company complies with debt covenants at all times
- Set up the credit limit for counterparty, conduct counterparties (including charterer) risk assessment, obtain approval and perform regular reviews
- On-time delivery of financial reports for internal information sharing, compliance and decision making
- Active involvement in the maintenance and continuous improvement of Kyriba (treasury management system) and workflow enhancements of departmental processes
- Ad-hoc duties as assigned
QUALIFICATIONS
- Degree in Finance/Economics or related professional certificate
- At least 5 years of relevant experience
- Good organisational and time management skills
- Detail-oriented and work with precision and accuracy
- Strong numeracy skills and possess various financial analyses
- Strong analytical skills and ability to present the information logically
- Highly initiative and collaborative in providing support and guidance to team members and other stakeholders
- Meticulous with a keen eye for detail
- Proficient in Microsoft Excel & Powerpoint
OTHER INFORMATION
This position will be based in Singapore.
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