Treasury Manager

Details of the offer

JOB DESCRIPTION OF TREASURY MANAGER CASH MANAGEMENT / TREASURY Monitors weekly cash position and forecasts cash requirements to ensure sufficient liquidity for the Company and the subsidiaries operations. Monitor timely payment of interest on loans and bonds Executes cash management activities including money market placements, time deposits, wire transfers and fund transfers Maintains relationships with banking partners, handles bank KYC/account-opening procedures and negotiates favorable terms for banking services. Liaises with banks and other financial institutions on Groups requirement (e.g., various certifications, SBLCs, etc.). Evaluates investment opportunities and recommends strategies to optimize returns on excess cash Prepares and presents cash flow projections and other reports. Monitor and reviews monthly cash flow projections of subsidiaries. Develops and implements treasury policies, procedures, and controls to ensure compliance with internal guidelines and regulatory requirements Handles intercompany loans, billing and collection Manages foreign currency risk Collaborates with Accounting, Tax and Legal to support financial planning and decision-making processes LOANS MANAGEMENT AND FUND SOURCING Negotiate and secure substantial credit facilities for the group (FDC, its affiliates and subsidiaries) at terms and conditions most advantageous to the Group and to the Company at the best possible terms and conditions. Review of loan agreements and other documentations, see to it that we are able to get the best terms and conditions possible. Efficiently source the best funding for the various capex requirement of the Group. Refinance principal maturities if needed at the lowest interest rate possible and that can be utilized when needed. Monitor the Companys compliance with all corporate undertakings issued to banks thru close coordination and constant reminders to all concerned departments and subsidiaries. Monitor our compliance to the terms and conditions of all agreements with banks and bond trustees and other financial institutions. Ensure that all concerned are aware of these financial covenants and these are followed accordingly. Compliance with all the information and documentary requirements of banks and financial institutions, PDS/PDTC / PDEx, Philrating, SEC, Legal Counsel, Bond Trustee, etc., on our existing and future bond issues. FINANCIAL MANAGEMENT Review cost of funds of the Company and determine strategy to lower interest cost. Evaluates maturity profile and monitor the principal repayment or amortization of loan Monitor and reports the monthly financial ratios and key performance indicators Coordinates on tax issues related to bonds/loans including tax exemption requests and relevant BIR requirements. Evaluates cash requirements and recommends loan availment, if necessary monitors submission of requirements for loan availment including PNs, advice and loan agreements, and ensures synchronized terms for the Group Bond Issuance Assists the CFO in the origination and execution of the bond issue (i.e. coordinates with the Investment Bank, counsels, third parties; manages the completion of the Banks due diligence, external/regulatory parties documentary requirements including the offering circular, among others) Equity Offering Assists the CFO in the execution of follow-on offering (i.e. coordinates with the Investment Bank, counsels, third parties; manages the completion of the Banks due diligence, external/regulatory parties documentary requirements including the offering circular, DD virtual data room management, among others)


Nominal Salary: To be agreed

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