JOB DESCRIPTION / ROLE
Our client, a leading pharmaceutical company is looking for a Head of Treasury and Cash Management who will be responsible for smooth treasury and cash management operations as a whole, which includes but is not limited to: liquidity management, treasury investments, cash forecasting, risk mitigation or any other applicable business-related duties.
Main Responsibilities:
• Performs daily corporate cash management and forecasting activities, including cash positioning and funding
• Report on cash operation activities and ensures adequate liquidity for operations
• Prepare and review short term cash flow projections and provide variance analysis and recommendations for improvement
• Monitor and control corporate exposure to financial and operational risks
• Build and maintain ‘cost effective’ banking / financial services providers relationships
• Implement and manage systems supporting cash management activities
• Business owner of SAP Treasury roles responsible for ensuring appropriate access and providing user training
• Oversees administration of on-line banking systems
• Responsible for establishing and maintaining policies governing all Cash Management activities
• Responsible for understanding and ensuring compliance with global banking practices, including country specific regulations
• Ensure compliance with controls and reporting requirements; Monitor Bank Compliance (KYC) for all bank accounts across the group
• Quarterly reporting on global cash balances and outstanding letters of credit
• Responsible for detailed 12-month forecast including partnering with various business leads to determine ways to improve forecast accuracy
• Executes funds movement transactions as required
• Resolves cash/settlement issues and client group inquiries in a timely manner
• Gather, analyze and interpret economic, cash flow and other financial data
REQUIREMENTS
Requirements (Knowledge, Skills & Attributes)
• Corporate treasury cash management experience
• At least 10 years of experience in Treasury and Cash Management
• Financial Management or Accounting Education Background.
• Must have pharmaceutical industry exposure
• Certified Treasury Professional (CTP), highly preferred
• SAP experience
• Relevant professional qualifications
• Familiarity with on-line banking systems
• Strong negotiation & ability to communicate effectively
• Ability to mentor, motivate and empower team members
• Attention to detail and accuracy, able to self-evaluate work and create culture of continuous improvement as well as an ability to use initiative and be proactive in anticipating problems when they occur
• Able to work independently as well as comfortable working with colleagues of various levels and disciplines within a cross-functional organization
ABOUT THE COMPANY
Black Pearl is a human resources and recruitment agency that provides a holistic business and talent solution in a progressive, dynamic, and efficient way.
We pride ourselves as a unique black pearl and strive to delight our clients with a personalized partnership that helps them propel towards success.
Whether you need to find top talent, your next great job opportunity, or a consulting solution for managing your business, engaging employees, evolving your work culture, planning your people strategy, or resourcing challenges, we can help.
