Lubrizol

Job Information

Lubrizol Treasury Manager, China in Shanghai, China

Treasury Manager, China

Responsibilities

  1. 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.

  1. Cash forecasting
  • Ensure accuracy of rolling 12 months cash flow forecast prepared by entities, and provide guidance to facilitate liquidity and funding arrangement
  1. 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

  1. Others
  • 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.

Job Requirements

  • 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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