Manager Treasury Operations

The Treasury Operations Manager is responsible for overseeing the daily operations of the treasury function, ensuring the efficient management of cash flow, liquidity, banking relationships, and financial risks, with a strong focus on hedging strategies related to sugar and aluminium. This role requires strong expertise in treasury operations, cash management, financial systems, risk management, and hedging, as well as the ability to implement and improve processes that enhance operational efficiency and effectiveness. The manager will work closely with the business and other stakeholders to ensure that treasury operations are aligned with company goals.

Key Responsibilities:

Treasury Operations and Hedging (Sugar & Aluminium):

• Manage and lead the operational activities related to all loans, ensuring comprehensive management from an end-to-end basis. This includes interest computation and forecasts for both Year to Go (YTG) and on an annual basis.
• Oversee the management of the Treasury policy, including all aspects of risk management and hedging across asset classes, particularly in sugar and aluminium markets. This includes exposure management, timely communication with the back office on settlement activities, hedge accounting, MTM, and monthly/annual rates (BP). You will own the Treasury and Hedging Policy, with support from front managers in drafting and executing strategies.

Treasury Management System (TMS):

• Lead the setup and vision of the Treasury Management System (TMS), guiding its strategic direction. Execution and daily operations will be led by the front manager, ensuring alignment with the company’s financial objectives.

Bank Integration (H2H Integration with MS Dynamics):

• Lead the integration of H2H (Host-to-Host) systems with MS Dynamics, starting with SCB and extending to other banks in the future. Ensure smooth integration, maintenance, and optimization of the system.

Payment Process Management:

• Oversee the full payment process, ensuring internal approvals are obtained, and relevant online banking approvals align with the company's Delegation of Authority. Liaise with internal stakeholders to ensure proper authorization and timely execution of payments.

Bank and Account Operations:

• Lead the team in managing all bank-related operations, including the opening and closing of accounts, changes in bank signatories, and setting up/monitoring online banking access across all jurisdictions and entities. Ensure compliance with payroll, KYC, and other banking updates. Drive strategic direction regarding bank selection, the removal of unnecessary accounts, and other banking-related decisions, with operational execution supported by the front manager.

Export LC & Bank Guarantee Management:

• Lead the team in the submission of export LC documents to banks, ensuring all necessary documentation is accurate and timely. Provide guidance to internal stakeholders on all queries regarding LCs and bank guarantees, obtaining final sign-off from the Head of Treasury Operations.

Policy & Procedure Development:

• Develop and enforce robust treasury policies and procedures, ensuring these are aligned with best practices and internal controls. Provide guidance to the team to ensure adherence to policies and procedures.

Relationship Management:

• Maintain strong relationships with partner banks and other external stakeholders to ensure smooth operational processes and resolve any issues that arise. Foster collaboration with internal stakeholders to align treasury strategies with business needs.

Qualifications & Skills:

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Professional certifications (e.g., CTP - Certified Treasury Professional) preferred.
• Minimum of 5-7 years of experience in treasury operations, risk management, and hedging, specifically in commodities such as sugar and aluminium. At least 2-3 years of experience in a managerial capacity.
• Proven experience with treasury management systems (TMS), financial risk management, and ERP systems.
• Strong understanding of hedge accounting, MTM, and exposure management in commodity markets.
• Strong analytical and problem-solving skills with the ability to manage complex financial data.
• Excellent communication and interpersonal skills to effectively liaise with internal and external stakeholders.
• Ability to lead and motivate a team while maintaining a focus on operational excellence.
• Knowledge of financial markets, foreign exchange, and interest rate products, with specific experience in commodity hedging.