Requisition ID: 2759

Deputy Executive Manager, Treasury

The Job

You will:

Cash & Liquidity Management

- To provide guidance to and monitor PRC subsidiaries that effective liquidity management is implemented to meet their opex and capex requirements
- To monitor PRC subsidiaries that cash surpluses of PRC subsidiaries are managed prudently and without undue investment exposure
- To effectively manage cash surpluses of PRC subsidiaries within the Group via inter-company financing arrangement
- To explore opportunities for enhancing cash management of PRC subsidiaries

Financial Risk Management

- To identify and recommend solution to mitigate foreign exchange risk arising from financing activities of PRC subsidiaries
- To identify and recommend solution to mitigate interest rate risk arising from external borrowings of PRC subsidiaries
- To monitor the counterparty exposure of the banks used by the PRC subsidiaries and make recommendation to Treasurer on risk mitigation measures where necessary

Banking Relationship Management

- To attend bank meetings (HK & PRC), keep abreast with the treasury best practice (e.g. cash management and financing strategies) and regulations
- To keep updated of the latest regulations on cross border remittance / capital injections and FX conversion that may impact PRC subsidiaries
- To evaluate banks’ performance to ensure the banking services provided are relevant and to the best interests of PRC subsidiaries
- To provide guidance on account opening processes (including e-banking platforms) to meet PRC subsidiaries’ operating needs.
- To identify and assist in resolving any banking issues of PRC subsidiaries.

Borrowing

- To review/ analyze funding needs of PRC subsidiaries for meeting operation or capital requirements
- To explore and compare the internal and external financing solutions for PRC subsidiaries to reduce financing cost and enhance cash efficiency, e.g. arrange Entrusted Loan to reduce the net cash outlay from the Group’s perspective
- To review regularly on financing cost of PRC subsidiaries to ensure the cost is in line with prevailing market conditions
- To negotiate with banks on loan arrangements including documentation and set up

Control & Reporting

- To identify risks related to key treasury activities in PRC to ensure such activities are within the guidelines and approved limits
- To set up and maintain a comprehensive treasury reporting framework for PRC subsidiaries
- To prepare and coordinate regular reporting to senior management on treasury activities in PRC
- To migrate from paper based to secured online banking platform by exploring and reviewing E-banking solutions for PRC subsidiaries; to set up e-banking platforms and strengthen control mechanisms
- To participate in data analytics projects and treasury dashboard for reporting and presenting key Treasury metrics to senior management

Continuous Development

- To further develop both soft and hard skills via on-the- job training, internal/ external training courses (e.g. data analytics and visualization)
- To keep abreast of the latest Treasury know-how and its implications to the Club’s treasury functions

About You

You should have:

University degree within professional qualifications in finance / treasury management / accounting
At least about 15 years relevant experience in major corporates or financial institutions
Experience in public organizations is an advantage
Technical treasury knowledge in cross-border cash management, treasury management system, FX regulations in China
Hand-on knowledge in financing arrangements in China
Good knowledge and experience in E-banking solutions in China
Fluency in English
High ethical standard

Terms of Employment

The level of appointment will be commensurate with qualifications and experience.

How to Apply

Please send your resume, complete with expected salary and job reference by clicking the Apply button.

We are an equal opportunity employer. Personal data provided by job applicants will be used strictly in accordance with the Club's notice to employees and prospective employees relating to the Personal Data (Privacy) Ordinance. A copy of which will be provided immediately upon request.