Manager, Group Treasury

1 month ago


Malaysia Hibiscus Petroleum Full time

Manager, Group Treasury Posted On : January 29, 2024
Location : Kuala Lumpur
Job Function : Finance & Accounting
Employment Type : Permanent

DUTIES & RESPONSIBILITIES

The role entails the management and control of group-wide Treasury policies and procedures. It includes (i) clear, concise and timely communication of all requirements, (ii) comprehensive and effective monitoring process, and (iii) complete and timely reporting process. Any exceptions to agreed procedures must be managed upfront.

Below is an overview of the job scope, but depending on business requirements, they may be modified as required.

  • Group Bank/Debt Facilities Management:
  • Maintain and monitor bank/debt facilities (including bank guarantees), utilization/drawdown procedures, roll-over of working capital facilities, repayment schedule on maturity date and interest charges.
  • Facilitate banking review process with the lending banks.
  • Participate in the review of any potential facilities/arrangements/fund raising.
  • Liaise with financial institutions/facility agents on loans related reporting requirements/issues.
  • Monitor compliance of loan covenants (financial and non-financial covenants).
  • Group Liquidity Management:
  • Co-ordinate Group cash flow management (including allocation of funds among Group subsidiaries) and funding requirements to assist in ensuring sufficient funds are available to fulfil the Group’s financial commitments.
  • Money market/deposit placements – identify excess funds for placement or auto sweeping arrangement with banks at best negotiated interest rates (assess, coordinate, negotiate with banks and instruct respective subsidiaries).
  • Manage cash management system/internet banking and maintenance of bank accounts.
  • Manage cash pooling activities for the Group to ensure all excess cash are invested or being mobilised internally to minimize financial expenses.
  • Liaise with the financial institutions on banking related issues.
  • Monitor cash forecast and report any deviation on a timely basis to the Economics and Business Planning Department (including inter-company fund movements).
  • Participate in preparation of Group/departmental cash flow forecasts.
  • Monitoring forex transactions, if necessary.
  • Accounting:
  • Support the month-end process where applicable.
  • Oversight of monthly bank reconciliation for the Group.
  • Support annual audits by managing information and responses to external auditors.
  • Compliance, Risk Management and Other Reporting Functions:
  • Ensures policies and procedures meet the Group’s objectives and regulatory body requirements.
  • Prepares management and Board reports/materials.
  • Liaise with senior management across the organization.
  • Analyse various scenarios and risks and reporting to senior management.
  • BNM reporting.
  • Group Hedging Monitoring:

The Group currently does not hedge any of its exposures, but should hedging activities are undertaken:

  • Prepare hedging policy, procedures, and documentation necessary for Board approval.
  • ISDA negotiation and documentation.
  • Managing forex and profit/interest rate exposure according to the approved hedging policy.
  • Monitoring daily movement of USD/MYR and USD/GBP rate to ensure minimal impact on the movement of FCY exchange rate.
  • To assist in commodities hedging, if any.
  • Monthly marked-to-market valuation and reporting.
  • Forex risk management and development of foreign exchange risk mitigation strategies.
  • Interest rate risk management and development of risk mitigation strategies.

REQUIREMENTS AND QUALIFICATIONS

  • Possess a professional qualification from an internationally accepted accounting body (e.g. ICAEW, ACCA, MICPA, CPA etc.) or Degree in Accounting
  • At least 10 years relevant working experience, with a minimum 3 years’ experience in management role
  • Experience in mergers and acquisition exercises, including due diligence scope.
  • Able to lead and meet deadlines for multiple priorities and projects drawing on disciplines from finance and project management.
  • Able to work under pressure, work independently to meet reporting deadlines and meet tight deadlines.
  • Detail oriented and able to be hands on in preparation of deliverables.
  • Self-motivated and able to work in a team.
  • A self-starter, proactive, meticulous, well organized and possesses strong analytical, leadership and interpersonal skills.
  • Fluent in English (both verbal and written)
  • Added advantage:
    • Strong understanding and relevant experience of the oil & gas upstream (E&P) industry
    • Understanding of requirements of public listed environment in Malaysia
Apply Now #J-18808-Ljbffr

  • Malaysia RHB Banking Group Full time

    Working Hour - Regular Hours - Monday - Friday- Business Area- Location- Description **Primary Objective**: - He /She will assist Head, Treasury Operations Control to oversee the day-to-day operations in ensuring accuracy and efficiency with the objective of avoiding operational risk and losses. - Maintain a high quality customer service standards by...

  • Treasury Manager

    6 days ago


    Malaysia APAC Michael Page Full time

    Oversee all aspects of treasury operations, from planning and managing cash flow to mitigating foreign exchange risks. You'll also manage bank relationships and preparing cash flow forecasts.Client DetailsOur client is a MNC specializes in packaging solutions.DescriptionCash Flow Management: You'll be responsible for planning, managing, and strategically...


  • Malaysia APAC Michael Page Full time

    This role involves assisting in various Treasury functions such as Cash & Liquidity Management, Trade Finance, Electronic Banking Administration, and Banking Relationship management. Client DetailsOur client is one of the largest and most diversified maritime companies in the world. The company operates across various segments including shipping, logistics,...

  • Treasury Analyst

    4 weeks ago


    Malaysia APAC Michael Page Full time

    As a Treasury Analyst in shared services, you will be responsible for managing various financial aspects related to the treasury function across multiple departments or business units within the organizationClient Detailsour client is one of the global leading multinational company. Description Cash Management: Monitoring the organization's cash flow,...


  • Malaysia Ambition Group Full time

    Consultant, Banking and Financial Services Job Scope * Lead the Group Health team in achieving that targeted TAT and accuracy level. * Guide the Group Health team in ensuring the daily operations are within service standards. * Lead the Group Health team in supporting business units to achieve target GWP. * Operate within target loss ratio set by the...


  • Malaysia Ambition Group Full time

    Consultant, Banking and Financial ServicesJob ScopeLead the Group Health team in achieving the targeted TAT and accuracy level.Guide the Group Health team in ensuring daily operations are within service standards.Support business units to achieve the target GWP.Operate within the target loss ratio set by the company.Review and approve pricing done by the...

  • Group Finance Manager

    3 weeks ago


    Malaysia APAC Michael Page Full time

    Leading the finance team by nurturing their capabilities, fostering a proactive culture of compliance, and cultivating a focused, team-oriented environment to enhance their effectiveness as business partners within the group.Client DetailsOur client is a strong conglomerate business that is looking for talented group finance individual who can add value to...

  • Group Accountant

    4 weeks ago


    Malaysia Ace Hires Talent Solutions Sdn Bhd Full time

    Group Accountant Shah Alam, Selangor Financial Accounting & Reporting (Accounting) Full time RM 15,000 – RM 20,000 per month Job Description Manage & control budgets, forecasts, cash flow planning, and monitoring. Manage treasury and raise capital as and when required. Liaise with various external parties (e.g. bankers, auditors, tax agents,...

  • Manager, Group Finance

    11 hours ago


    Malaysia FWD Group Management Holdings Limited Full time

    FWD Group Asian Life Insurance Business11 million customers in 10 marketsFocus on simple, fast, and smooth insurance journeyCustomer-led approach to change insurance perceptionFWD Technology and Innovation Malaysia Sdn. Bhd. (FWD TIM)Established in late 2019 as part of FWD GroupServing multiple markets with various functionsPURPOSELead Accounts Payable...

  • Treasury Analyst

    3 weeks ago


    Malaysia APAC Michael Page Full time

    Taking charge of the treasury for SEA and Australia, you will be responsible for cash & FX management.Client DetailsThis is a MNC in the engineering sector who is looking for dynamic individual. DescriptionPerform a sound analysis of the cash flows in and out of each legal entity in order to anticipate the needs of cash short and mid term and anticipate the...

  • Executive Officer, Go

    4 weeks ago


    Malaysia CIMB Group Full time

    **BUSINESS PERFORMANCE AND OPERATIONS Business Performance - Effective processing and monitoring of treasury trade processing activities covering validation, confirmation and settlement across all CIMB local and regional entities, to ensure compliance with internal policies and regulatory requirements. - Effective processing and monitoring of other relevant...

  • Treasury Operations

    4 weeks ago


    Malaysia OCBC Bank Full time

    **Treasury Operations - Trade Services Operations** **-** **(**240000H1**)** - Handling Various Life Cycle Events including OPR rate changes, Trade Unwind & trade restructuring, SI premature withdrawals, SI knock-in or knock-out events, DCI cancellations, Corporate Action Events, Novation, Trade Compression, Trade Backloading and credit events. -...

  • Manager, Gtm

    6 days ago


    Malaysia CIMB Group Full time

    **Key Responsibilities** - Market structured solutions across different asset classes (FX, interest rates, commodities) to clients. - Work closely with Flow Team, relevant business and product partners to market structured solutions / investment treasury products. - Build client franchise business through various marketing and client events / activities. -...


  • Malaysia CIMB Group Full time

    Planning, implementing, growing and managing wealth management (Treasury) products to meet customers’ investment needs, and bank’s sales/ fee based income target. **Product Management** - Planning and launching new or enhanced/ variation of investment products - Planning and implement products to drive bank’s sales/ fee based income target - Ensuring...


  • Malaysia OCBC Bank Full time

    **Market Risk Analyst, Assets & Liabilities Management** **-** **(**230001HL**)** - The risk manager of Asset and Liability Management is a hands-on working manager with supervisory skill. - Prepare and/or review Liquidity risk reporting i.e LCR, NSFR and etc - Prepare regulatory reporting and participate in ICAAP/BNM stress testing. - Collating and...


  • Malaysia Randstad Malaysia Full time

    We are currently looking for a Tax Accounting Professional to join the Shared Services Center of a multinational corporation. This role will involve handling responsibilities related to Australia & APAC taxation, finance, and treasury. Additionally, the successful candidate will lead the establishment of a Tax Center of Excellence in the Malaysia SSC,...


  • Malaysia Randstad Malaysia Full time

    We are currently looking for a Tax Accounting Professional to join the Shared Services Center of a multinational corporation. This role will involve handling responsibilities related to Australia & APAC taxation, finance, and treasury. Additionally, the successful candidate will lead the establishment of a Tax Center of Excellence in the Malaysia SSC,...


  • Malaysia TIME's group Full time

    Bookkeeping & Small Practice Accounting (Accounting) Group Consolidation & Bursa Reporting that complying with regulatory requirements, primarily responsible in coordinating the annual statutory audit and preparation of Annual Report. Responsibilities: 1.Reporting and support Prepares Group financial statements and other reports needed to be presented to...

  • Manager, Gwbt&m

    6 days ago


    Malaysia CIMB Group Full time

    **Key Responsibilities** - Market solutions across different asset classes (FX, interest rates, commodities, credit and equities) to Corporate, Commercial & SME clients. - Cross-sell products (deposits, cash management and treasury services). - Work closely with relevant stakeholders and product partners to market hedging/investment solutions. - Build client...

  • Manager, Rt,od&wp

    4 weeks ago


    Malaysia CIMB Group Full time

    **Talent Management** - Support to implement the Group-wide talent management framework to ensure CIMB Group is able to identify, develop and mobilise talent regionally for current and future business needs. (includes talent identification and selection, talent assessment, talent review, talent development and talent mobility) - Support to implement the...