Group Treasurer Miclyn Express Offshore - Singapore

Job Description:

The Group Treasurer is responsible to ensure the continuous availability of appropriate financing throughout the MEO Group of Companies, but ensuring appropriate lines of financing are in place with a safe degree of leverage, for the continued operations and growth of the business in the following key areas.

(1)   Cash and liquidity management systems, policies, and procedures

• Establish a Group cash management system which optimizes finance income / expense through pooling of cash; efficient currency exchanges; cost-effective and efficient payment systems; and minimization of bank accounts
• Establish and maintain a system of cash flow planning and liquidity management, including assurance of debt covenant compliance

(2)   Debt and bond raising and covenant compliance assurance & reporting

• Prepare and maintain a business financing (debt / equity) overview matching the legal entity model, providing clear overview of financing; debt covenants; and other restrictions by entity
• Plan, implement, maintain and continuously improve a cash-flow forecasting and post-analysis model which can also be used for sensitivity analysis and maps to debt-covenant compliance
• Provide reports on liquidity and debt-covenant compliance through the Group
• Support the timely and accurate preparation of financial information supporting the listing process; and to meet all internal and external reporting obligations (including debt covenant compliance)

(3)   Financing risk management and internal control

• Establish and maintain a system of internal controls over Treasury within the internal control framework and linking to automated (bank & SAP) controls, including:

1. Bank account establishment & alteration policies, procedures and notifications
2. Policy & controls on physical cash handling, hedging, derivatives trading (including implementation)
3. Financial strategy including policies and controls on subsidiary financing
4. Policies & controls on intercompany financing & dividend payments
5. Policies & controls on all releases of cash from bank accounts for payments

(4)   Good banking relationship management

• Develop and maintain banking relationships with key lenders; deposit banks; and providers of other banking and financial services
• Maintain overview of key banking relationships (debt & service side)
• Arrange periodic lender update sessions (immediately following market updates)
• Maintain financing opportunities overview at Group, subsidiary, and project levels

Role Requirements:

• Minimum Bachelor  Degree Holder in Business / Commerce / Economics / Accounting with Professional Qualifications such as CPA/ CA
• Minimum 10 years’ relevant experience including at least 3 years of in a Treasurer role with similar responsibilities
• Strong knowledge of financial risk management including liquidity & leverage; intercompany financing; and balance sheet exposure hedging
• Sound knowledge of IFRS accounting and tax implications of indebtedness; debt/equity mix; and hedging
• Strong Microsoft Office skills, in particular Excel
• Proactive working attitude & highly committed
• Independent self-starter who is meticulous and resourceful team player

MEO is committed to offering our employees a safe, engaging and fulfilling workplace, with considerable opportunities for advancement.

If you are interested in joining our team, please submit your detailed resume to recruitment.sg@meogroup.com with information on current salary, expected salary and date of availability.