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This job is for an APAC CoE Treasury Manager at Air Liquide, Kuala Lumpur. You will manage treasury functions, cash pools, FX hedging, and bank relationships for the APAC region. You might like this job because it offers a hybrid work arrangement, diverse team, and continuous learning opportunities.
Undisclosed
Malaysia, Petaling Jaya, Kuala Lumpur
Full-Time
few hours ago
Job Description
ALBS is an Air Liquide entity in Kuala Lumpur, regrouping for the APAC scope its Business Service Centers (Kuala Lumpur and Shanghai) as well as the two Global Functions (IT, Digital and Procurement). Designed to derive optimal value by better leveraging technology, people and competencies, the ultimate goal is to boost efficiency and deliver outstanding and sustainable performance while keeping a strong focus on customer centricity. This Organization is striving for excellence, adopting the Best in Class models to deliver value through simplification and standardization of processes, while adhering to Internal controls and compliance requirements.
● identify and mitigate financial risks, (currencies, rates, commodities, liquidity, counterparty, etc),
● be the Group’s center of excellence in the areas of Group financing, working capital management,
payments, cash & liquidity management and related internal controls.
APAC CoE Treasurers are the interface between the Corporate team and the Clusters & GBUs/ entities / BSCs. They provide guidance and expertise in the area of treasury to local finance teams. Among the main roles, the COE treasurers will manage group bank relationships in the region, the compliance to group policies, and ensure all affiliates have enough funds to run their operations:
-Link with HO Treasury teams, ensure group policies are applied
-Validate FX exposure, FX hedging policy, and analysis of FX gain & loss
-Manage domestic and cross-border cash pools
-Contribute to all necessary action plans for WCR improvement (AR factoring, supply chain finance, financial leasing…)
-Centralize regional bank relationship, locate quality bank services, and align banking terms and conditions
-Closely follow up local regulations and market practices, propose and implement action plans accordingly
How will you CONTRIBUTE and GROW?
Accountabilities & related Activities:
1. FX/Commodity Risk Management
Support and provide guidance for the proper commercial terms and conditions about FX rate and commodity price in line with group policy
Understand underlying business and FX exposure across the scope.
Validate hedging strategy both FX and interest rate.
Analyse FX gain and loss
2. Cash and Liquidity Management
Maintain local cash pooling structure within the entities.
Maintain cross-border cash pooling structure
Ensure necessary actions for anti-fraud purposes
Ensure short-term funding is available, either via cash pool or from group core banks
3. WCR Improvement Tools
Monitor working capital and cash culture KPI
Drive implementation of factoring, supply chain finance, and leasing when necessary.
4. Performance, Quality & Conformity Management
Manage and update Treasury procedures if needed.
Manage Treasury Internal Control Reviews in coordination with Group Treasury and Head of COE
Review Treasury Group reporting and intercompany reports, monitor the deployment of any treasury project
5. Bank Relationship Management and Treasury Administration
Centralize regional bank relationship, locate quality bank services, and align banking terms and conditions
Bank Accounts Administration (opening, closing, updating authorized signatories, banking access rights...etc.) or supervision in case done by local admin.
Drive the reduction of the number of bank accounts across the entities, review the bank fees and decide on an action plan to reduce transaction costs.
Schedule regular meetings with core and local banks if any to review their performance and if needed take action to improve the level of the service
Provide information to answer queries from management & external parties jointly with local teams
Are you a MATCH?
The successful candidate should have:
Very fluent in speaking English. Possess language proficiency in Japanese / Korean is a plus.
Solid knowledge and experiences on liquidity management, cash management (domestic and cross-border cash pool, e-banking platform and host-to-host connection, cash forecast modelling)
Strong commitment on project management (manage strategy, resource, process and quality)
What We Offer:
Hybrid work arrangement
Office location is accessible via MRT (Bandar Utama station)
Highly engaged and empowered work culture
Dynamic multinational team of more than 14 nationalities
Continuous learning & development
We take care of our employees:
Medical card coverage for self and dependents (outpatient and inpatient)
Extended health & flexi benefits coverage (Child's specialist claim, Pap Smear, Mammogram, Self Relaxation Expenses, Fur Benefits etc.)
Monthly NICE Program activities for team bonding and well-being lifestyles
About Air Liquide
A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 78 countries with approximately 64,500 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
Our Differences make our Performance
At Air Liquide, we are committed to build a diverse and inclusive workplace that embraces the diversity of our employees, our customers, patients, community stakeholders and cultures across the world.
We welcome and consider applications from all qualified applicants, regardless of their background. We strongly believe a diverse organization opens up opportunities for people to express their talent, both individually and collectively and it helps foster our ability to innovate by living our fundamentals, acting for our success and creating an engaging environment in a changing world.
Job Requirements
Company Benefits
Maternity leave
A minimum of 14 weeks of paid leave
Inpatient & Outpatient healthcare
Such as surgeries or routine check-ups
Life insurance
A minimum of one year salary indemnity
Additional Info
Company Activity
Last active - few hours ago
Experience Level
0 - 10 Years of Experience