Lubrizol Treasury Manager, China in Shanghai, China
Treasury Manager, China
- Cash management
Ensure there is sufficient liquidity to support China business growth, while minimizing the cost of working capital.
Provide or optimize the cash management solutions in China, such as centralized cash management (cash pooling, inter-company loan, dividend repatriation, etc.), foreign currencies exchanged and strategic liquidity model for repatriation and avoidance of trapped cash.
Ensure China treasury activities are compliant with treasury policies, accounting guidelines, internal controls and governance policies (PRC and SAFE).
Manage new bank technologies and services to improve cash cycle and simplify company operations.
Coordinate with SAFE for approvals of loans and currency conversion
Manage the incoming and outgoing payment processes and
Review and strategically monitor the commercial credit note issuance within SAFE guideline.
- Cash forecasting
- Ensure accuracy of rolling 12 months cash flow forecast prepared by entities, and provide guidance to facilitate liquidity and funding arrangement
- Trade finance / Bank guarantees
Provide support to the process of Letters of credit and Documentary collection as may be needed
Authorize the issuance of bank guarantees that may be required for tax, customs or any other purposes by any entity in the Region
Prepare and manage KYC review, banking access and documentation.
Oversee APAC daily cash available and timely execute investment.
Act as a partner for Operations, Commercial and other function when needed.
Bachelor with relevant major
Over 4-5 years of working experience in treasury
Fluent English language skills in writing and speaking
Proactive problem solving, good inter-personal skills, patient and mature individual.
Thorough understanding of international funding, PRC SAFE regulations and bank account management.
Expertise in Microsoft Office
SAP and Business Warehouse experience is a plus
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