Foreign Exchange Management:
- Monitor and manage the Company’s foreign currency exposure and execute hedging strategies according to the Company’s policy.
- Execute FX transactions to manage the company’s foreign currency needs.
- Forecast USD and third currency requirements ensuring sufficient liquidity of the accounts managed.
- Analyze FX market trends and provide regular updates and recommendations to management.
- Maintain relationships with banks and financial institutions to secure favorable FX rates and manage FX deals.
- Stay informed about any updates to BSP regulations regarding foreign currency exchange transactions to ensure the Company executes transactions in compliance with both banking and BSP regulations.
Cash Management:
- Oversee daily cash flow management and ensure sufficient liquidity to meet the company’s operational needs.
- Manage short-term investments and working capital to optimize returns.
- Perform cash forecasting to anticipate future liquidity needs and identify funding gaps.
- Collaborate with ACPC, Sales, Procurement, and Credit and Collections team to optimize cash flow processes and minimize cash holding costs.
Debt Management
- Oversee and manage the company’s debt obligations, ensuring timely loan repayments, effective interest rate management, and compliance with financial covenants.
- Support the negotiation and structuring of debt facilities to ensure they align with the company’s overall financial strategy.
- Evaluate the company’s debt portfolio, optimize debt levels, and propose strategies to reduce financing costs.
- Regularly prepare detailed reports on debt positions and offer recommendations for refinancing and debt consolidation opportunities.
Bank Relationship Management:
- Build and strengthen relationships with banking partners for FX and cash management services:
- Ensure adherence to banking agreements and monitor associated fees and services
- Manage the opening and upkeep of bank accounts.
Risk Management:
- Identify and evaluate financial risks associated with FX, liquidity, and debt, and develop strategies to mitigate them.
- Continuously review and enhance hedging, cash flow management, and debt servicing approaches to reduce exposure to market volatility and financial uncertainty.
Systems & Process Improvement:
- Support the automation and optimization of treasury processes and systems.
- Stay informed on industry trends and best practices to continuously improve treasury operations.
