Our Client is a European component manufacturer in automotive industry. For his Branch in Shanghai we are looking for a new Treasury Manager.

Report to: Vice President Group Finance and Director Administration and Finance Asia

Responsibilities:

• Primarily be responsible for managing the treasury-related activities and special focus on Financing Activities and Cash-/Foreign Currency Management
• Building and maintaining sound and sustainable working relationships with financial institutions, including but not limited to banks. Central point of contact for bank / financial institution relationship in the China scope, in line with Corporate Guidelines and in very close co-operation with Group treasury which owns the global bank relationship management process
• Managing and checking cash pool status, daily cash balances and ensure adequate liquidity for legal entities in China to conduct payments and settle Inter-company lending, dividend payments and capital injections
• Negotiating the terms of new finance facilities in line with group guidelines and overseeing the completion of legal documentation and drawdown of facilities on a timely basis
• Steering and managing of obligations out of financial contracts (internal and external reporting)
• Managing all cash management functions including cash concentration, wires, account funding, bank draft management and annual internal/statutory audit regarding treasury
• Forecasting cash flow positions, related borrowing needs taking into account cash payments, working capital and investment needs and budget requirements; work with other functions to create monthly treasury report, and analyze deviations between forecasted and actual numbers
• Overseeing the treasury and cashier activities to ensure the availability of required foreign exchange and local currency
• Foreign exchange exposure identification and management
• Providing central treasury support and guidance to local accounting departments
• Implementing treasury best practice to support business expansion in China while align with global policy and strategy
• Ensuring treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls including fraud prevention

• Bachelor degree in Accounting, Business Administration or equivalent
• At least 8 years of progressively responsible treasury experience for a major company; with a minimum of 5 years in a multinational treasury; Automotive company is preferred, strong treasury background and strong local and foreign bank relationships
• Ability to provide valuable treasury advice to leaders for decision making
• Familiar with RMB situation and foreign currency hedging arrangement; thorough knowledge of local regulations, policies and practices
• Excellent communication abilities. Also experienced in dealing with entities’ heads, major Chinese and foreign banks
• Fluent in written and spoken English; German and Chinese are preferable
• Willingness to travel within China and abroad
• Can work independently and under pressure
• Strategic mind set towards business, good internal control knowledge and risk focus/proactive risk management
• Problem solver, good human relationships, flexible, patient

Interested candidates please send your personal profile incl. salary expectation in WORD version to Ms. Zhang: recruitment@sh.china.ahk.de

Only shortlisted candidates will be replied. We are looking forward to your application!