Job Purpose
To provide strategic leadership in managing UEM Sunrise Berhad treasury functions including cash and debt management, banking relationships while overseeing treasury processes for the Group. This position contributes to departmental success by optimising the company's capital structure, implementing effective funding and cash management strategies, and ensuring that financing structures support the company's development pipeline with minimal financial risk.
Job Accountabilities
Cash Management and Treasury Operations
- Oversee daily cash management and treasury operations
- Ensure adequate liquidity for the Group
- Maintain the Group cash flow forecast
- Develop strategies and initiatives to optimise the return on the Group's free cash
- Prepare and analyse report on Group cash positions and requirements
- Provide guidance and mentorship to subordinates
- Resolving banking issues face by the Group
Borrowing/Loan Management
- Managing the Group's borrowing and funding requirement
- Undertake the Group's fund raising activities including new sukuk issuances, new loan applications, renewals, and refinancing
- Monitor loan drawdowns, repayments, and interest/profit payments
- Negotiate with financial institutions for optimal borrowing terms and conditions
- Ensure compliance of loan covenants and regulatory requirements
- Develop debt management strategies aligned with the company's capital structure objectives
- Prepare and analyse report on the Group borrowing positions and requirements
Bank Guarantee Facilities Management
- Oversee overall management of the bank guarantee facilities
- Ensure sufficient bank guarantee facilities limit to meet the Group's existing and future bank guarantee requirement
- Resolving issue in relation to any bank guarantee issuances
Intercompany Loan Management
- Prepare, maintain and review of intercompany transaction including loan, advances, payment on behalf, repayment, dividend declaration, redemption of equity etc
- Ensure all intercompany advances comply with the transfer pricing regulations
- Ensure the most effective intercompany loan structure
- Establish standardised templates and process for intercompany loan request
- Tracking and monitoring repayment of outstanding intercompany loan agreements
- Maintain comprehensive records of all intercompany financing arrangements and approval historyc
Qualifications & Technical Competences
- Bachelor's degree in accounting or finance or equivalent with accounting knowledge or any equivalent discipline
- 10 – 15 years of work experience in Treasury function
- 5 – 7 years in managerial capacity
- Experience in property development or real estate industry will be an added advantage
- Strong understanding of treasury and cash management functions and operations
- In-depth knowledge of available funding instruments
- Strong analytical thinking and problem-solving abilities
