Treasury Manager, APAC

Primary responsibilities include managing APAC liquidity, investments, and risk. Responsible for oversight and preparation of cash flow forecasts, settlement of foreign exchange transactions, APAC cash management, merchant services, and insurance matters. Responsible in assisting for calculation of foreign exchange translation risks and ways to mitigate those exposures in adherence with board approved hedging policy. This includes data gathering, analyzing, and forecasting foreign exchange revaluation risk by currency and developing executive presentations recommending strategies to mitigate this risk. APAC cash management responsibilities include approving funds transfers, oversight of preparation and analysis of complex cash flow models along with associated borrowing recommendations while maintaining SOX compliance. Assist with preparation and review of monthly, quarterly, and annual financial reporting and audit related schedules. Manages borrowing process for APAC. Maintains revolving credit facilities in China and other countries as necessary. Maintains Shareholder Loan Facility in China. Assists with the annual insurance renewal process for stock through put, property and casualty, including analyzing exposure data, recommending strategies, and maintaining broker relationship. Supports new store openings including opening bank accounts, setting up services, and merchant terminals. Manages a high volume of work in a fast paced and friendly environment. Sets priorities for team members, both inside and outside of APAC and follows up to ensure execution. Must manage conflicting priorities of various internal and external parties through excellent time management, organization, and internal communication. % OF TIME (optional) DUTIES AND RESPONSIBILITIES 20% Team and Project Management Supervises Treasury Analyst, APAC Help foster optimal team performance by managing, developing, and directing the work of less experienced team members inside and outside of APAC. Assists cross functional multinational teams to meet project goals. Coordinates team meetings and ensure constant communication within team. Proactively demonstrate leadership qualities such as collaboration, initiative, innovation, problem solving, accountability, planning and setting goal for personal development. Networks with peers to evaluate common and best practices. Serve as the treasury subject matter expert for the team. 15% Foreign exchange risk management and hedging program Work with team members and banks to execute foreign exchange transactions. Responsibilities include assisting in the preparation of exposure data, forecasted future exposure by currency, and hedging recommendations for senior management. Collaborates with other departments (FP&A, GAS, Tax, etc…) to proactively identify and analyze new foreign currency revaluation risks. Ensure compliance with Foreign Exchange Risk Management Policy. Processes foreign exchange trade settlements (primarily on shore in China). Assists with maintaining FX hedge contract database. 50% Treasury/Cash Management (APAC) Liquidity Management Oversight the preparation of direct and indirect cash flow forecasts (APAC). Planning for working capital requirements for APAC. Manage APAC foreign exchange risk, intercompany settlement, and short-term liquidity. Internal reporting to management. Manage day to day APAC cash concentration systems. Responsible for oversight of cash flow forecasting and the associated borrowing recommendations. Ensures sufficient funds are available to meet ongoing operational and capital investment requirements. Cash Management Review and approve APAC daily cash positions, funds transfers, and daily investments/redemptions. Ensures compliance with company Investment Policies. Prepares or approves and or reviews electronic payments and funds transfers. Wires, ACH, Oracle payment files, intercompany transfers, foreign exchange settlements. Identify and lead initiatives to increase efficiency and effectiveness of cash management practices. Provide continual improvement and review of internal control procedures. Credit Facilities Maintain China Revolving credit facility Maintain shareholder loan facility Ensure compliance with all covenants and government regulations Treasury Management System - TMS (Reval) Under all functionality and back-end setup of the system. Ensures ongoing data accuracy and completeness. Utilization of system to maximize automation and results. Provides guidance on account analysis review to ensure appropriate fees are billed. Reconciles and reviews all APAC account transactions. Forecasts cash flow by currency, company, region with monthly variance analysis Assists team responsible for maintaining banking infrastructure. Opening and closing accounts Bank resolutions, entity legal documents, tax forms, bank forms. Know your customer (KYC) requests. Bank account database of existing accounts. Updating services such as host to host and information feeds. Updating signatories. Banking Systems Administration (Subject Matter Expert) Prepares and or approves payments, transfers, and reporting user access for various bank systems. Assists with preparation of financial disclosures related to cash and debt. Reviews reporting for General Accounting Services ("GAS") of Treasury activity and related intercompany transactions Assists with preparation and monitors Treasury budget (APAC). Reviews actuals vs. forecast and investigates discrepancies for timely resolution. Calculate monthly accruals for Treasury related expenses. Responsible for quarterly budget updates. Manage the relationship with 3rd party services providers including China Unionpay and Eastwise. Performs ad hoc analysis as required. 15% Insurance (APAC) Assists with insurance structure and levels to protect against company risk exposure. Gather data for the annual insurance renewal. Analyzes exposure data to ensure appropriate coverage program. Coordinates reporting of exposure data with insurance broker. Assists with review and recommendation on renewal strategy. Assists in preparation and updates of exposure analysis. Ensures new locations/entities added timely. Assists with claims handling. Responsible to process payment for APAC local policies. QUALIFICATIONS Education & Any Certifications Required Bachelor's degree required in Accounting, Finance, or related field. CCM/CTP or similar credential preferred. MBA or CPA preferred. Year(s) of Experience & Background Required Minimum of 5+ years in Corporate Treasury for a public or significant private company with international operations in the APAC region. Work experience in China mandatory. Work experience in Japan a plus. Functional & Technical Competencies Must be fluent in Mandarin and English. Fluent in Japanese a plus. High integrity and ethical standards. Ability to coach, develop, and mentor team members in a fast‑paced multinational environment. Excellent project management skills and ability to lead cross functional multinational teams. Familiar with payment systems, cash management processes, liquidity structures, and international cash management. Familiar with Treasury Management System (TMS). Reval preferred. Familiar with cash flow forecast modeling in multiple currencies (indirect and direct methodologies). Working knowledge of GAAP and IFRS. Working knowledge of foreign exchange risk management and foreign exchange revaluation risk. Working knowledge of Chinese and APAC banking practices. Strong comprehension of control environment requirements, experience with various audits (e.g., internal, external, Dodd‑Frank, SOX, SSAE16). Excellent verbal, written and analytical skills, with a demonstrated proficiency in Microsoft Office applications (i.e., Excel, PowerPoint, Word, Outlook, Visio). Expertise in financial modeling using information systems (Oracle or similar ERP system), preferred. Working knowledge of Hyperion/Essbase, preferred. #J-18808-Ljbffr