Key Job Purpose

Supporting the CFO, will be responsible to

1. Execute strategies as defined in the regional treasury policy which is cash management, funding and capital planning, foreign exchange and bank relationship management.
2. Ensure compliance to governance framework and internal controls.
3. Ensure compliance to accounting guidelines and rules for hedge accounting.
4. Regional monitoring and actions to maintain RHQ and affiliates free cash flow of funds.

Job Description

Regional cash management

• Daily cash balances monitoring to determine regional cash positions.
• Execute cash pooling in accordance to policy.
• Responsible for preparing, or facilitating the preparation of an annual budget, as well as regularly monitoring and comparing the actual revenues and expenses incurred against such budget.
• Forecast sources and uses of cash.
• Ensuring sufficient cash for SAP single entity monthly operations.
• Checking payment to vendors and employees for SAP single entity.

Fund and Capital planning

• Track and manage internal and external debt obligations.
• Support CFO in managing inter-company funding requirements including evaluating funding parameters in accordance to the regional treasury policy.
• Monitor subsidiaries that are on funding support as determined by CFO.
• Track financial ratios, trends, concerns, and assessments of the organization's fiscal health.
• Execute dividend policy.

Foreign exchange

• Assess and update foreign currency exposure in the timely manner.
• Execute hedging and settlement of hedging in accordance to the hedging policy.
• Reporting to global treasury regularly in accordance to internal control as set out in hedging policy (monthly, quarterly).
• Support CFO in developing the annual hedging policy.
• Execute financial reporting in accordance to hedge accounting policy.

Bank relationship management

• Regularly meeting with bank officers to (a) provide feedback to the bank about users' experiences and obtain resolutions (b) collect new product information and disseminate to relevant parties within Sysmex for actions (c) consider and implement process improvements with the banks.
• Carry out regular RFQ and RFP with the banks to ensure that Sysmex have competitive products and fees.
• Regularly review the fees paid by Sysmex and look for areas to reduce and contain such fees.
• Regularly review the bank's credit ratings and initiate discussions with global treasury and CFO to determine course of actions in the event of changes to such ratings.

Governance Framework and Internal Controls

• Implement and maintain dual signatory access to banking transactions in accordance to regional treasury policy.
• Ensure all new and termination of bank and financial institution relationships is duly approved in accordance to the Prior Approval policy.
• Ensure fraud prevention actions as set out in regional treasury management policy is implemented and adhered to.
• Ensure compliance to regional treasury policy on matters of (a) dual signatory and authorized signatory to banking transactions, (b) guarantees and collaterals, (c) banking and financial laws and regulations and (d) foreign currency risk management.

Ad-hoc

• Support accounting team in preparing, reporting and invoicing subsidiaries for management fees.
• Any other duties as assigned by CFO.

Job Requirements

• Bachelor's degree from a reputable university in Accounting, Banking & Finance, Economics, or Statistics. ACCA certification is also acceptable.
• Minimum 2 years of experience in Treasury Operations.
• Knowledge of hedge accounting, SAP, and treasury systems.
• Strong team player with a curious mindset and a willingness to learn.
• CFA or CTP qualification is an advantage.