Head of Treasury

Role Overview

The Head of Treasury is responsible for leading the organization's global treasury function, ensuring efficient treasury operations, optimal liquidity management, and strategic financial planning to support sustainable business growth.

This role oversees global cash flow management, working capital optimisation, banking relationships, foreign exchange risk management, compliance, and treasury operations across all entities. Reporting direct to the CFO, the incumbent will play a critical leadership role in maintaining adequate liquidity, managing financial risks, supporting global expansion initiatives, and strengthening treasury governance and controls.
The post holder will have one cash analyst direct report based in the Philippines.

Key Responsibilities

Cash & Liquidity Management

• Oversee daily global cash flow operations and maintain optimal liquidity levels to meet operational and strategic financial obligations.
• Manage short-term and long-term cash forecasting processes.
• Ensure adequate liquidity for working capital requirements across all entities.
• Manage intercompany cash movements, including intercompany loans and settlements.
• Drive working capital optimisation initiatives through effective cash management strategies.
• Prepare and present monthly working capital management reports and scorecards.
• Develop monthly treasury and liquidity reporting packages for the CFO and executive leadership team.
• Manage all cash management functions, including cash concentration, wire transfers, and account funding.
• Prepare and present weekly company-wide cash flow reports to senior management.
  

Risk Management & Compliance

• Oversee global bank account administration, including maker-checker controls, KYC, FATCA, and regulatory compliance requirements.
• Identify, monitor, and mitigate financial risks, including foreign exchange exposure.
• Plan and execute foreign currency and cross border payments while ensuring all supporting documentation complies with banking requirements.
• Develop, implement, and maintain foreign exchange hedging programs aligned with business cash flows.
• Ensure compliance with financial regulations, internal policies, and reporting requirements such as RBI and FEMA requirements in India.
• Coordinate with internal and external auditors to maintain robust treasury controls and adherence to best practices.
• Review and recommend dividend distributions in coordination with the CFO and local stakeholders, considering liquidity, tax and regulatory implications.
• Establish and maintain intercompany loan agreements and supporting documentation for audit and banking purposes.
• Manage the corporate credit card program, including issuance, closure, payment monitoring, and coordination with banking partners and internal stakeholders.
• Partner with the Head of Tax on tax and profit strategy across jurisdictions, including transfer pricing and other corporate tax compliance and considerations.
  

Treasury Operations

• Lead and manage the overall treasury function, including strategic direction, operational oversight, and team coordination.
• Execute the development and implementation of treasury policies, systems, and processes.
• Evaluate and implement banking technologies, treasury products, and services to improve operational efficiency and cash cycle management.
• Develop and maintain robust cash forecasting models.
• Build and maintain strong relationships with banks and financial institutions globally.
• Negotiate banking services, facilities, and fees to optimize treasury costs and efficiency.
• Build a strong relationship with the Japanese head office team in Tokyo regarding group financing arrangements.
  

Leadership & Cross-Functional Collaboration

• Partner with accounting, tax, legal, and regional teams to support global expansion initiatives and operational projects.
• Manage relationships with financial institutions supporting the company’s treasury and cash management operations.
• Lead, mentor, and develop team member to build a high-performing treasury team.
• Continuously improve internal treasury processes, controls, and operational efficiency.
• Provide leadership and direction to ensure timelines and deliverables are consistently achieved.
• Conduct regular weekly or bi-weekly treasury review and coordination meetings.
• Provide support to the local India Shared Service team and also to the Site team, as well as working with ASA, the local Indian and Group auditors.