Head of Treasury

The Head of Treasury is responsible for leading and managing the Group's treasury function, ensuring optimal liquidity, capital structure, funding strategies, cash flow management, financial risk mitigation, banking relationships, and treasury governance. This role plays a critical leadership position in supporting the Group's business growth, money market investment activities, etc while maintaining financial stability, regulatory compliance, and efficient capital deployment.

The incumbent will work closely with senior management, financial institutions, regulators, and internal stakeholders to develop and execute treasury strategies that enhance shareholder value and support the Group's long term growth objectives.

Job Responsibilities:

Treasury Strategy & Leadership

• Develop and implement the Group Treasury strategy aligned with the Company's overall business and growth objectives.
• Advise senior management on funding requirements, capital allocation, liquidity planning, and financing solutions.
• Lead the treasury team in delivering operational excellence, risk management, and strategic treasury initiatives.
• Establish treasury policies, procedures, controls, and governance frameworks across the Group.
• Drive treasury transformation initiatives, including digitalization, automation, and treasury management system enhancements.
• Lead the accounts payable team in head office.

Cash & Liquidity Management

• Oversea Group-wide cash flow forecasting and liquidity management.
• Ensure adequate funding and liquidity to support business operations, capital expenditures, acquisitions, and project developments.
• Optimize cash positioning, cash pooling structures, and working capital efficiency.
• Monitor daily cash balances and treasury operations across multiple entities and jurisdictions.

Funding & Capital Management

• Support mergers, acquisitions, divestments, joint ventures, and strategic investment transactions for a treasury perspective.

Banking & Financial Institution Management

• Establish and maintain strong relationships with banks, financial institutions, rating agencies, and investors.
• Negotiate relevant financing agreements, banking facilities, guarantees, and treasury service arrangements.
• Manage banking mandates, signatory structures, and treasury-related service agreements.
• Continuously assess banking performance and service quality.

Financial Risk Management

• Develop and implement frameworks to manage:

-Foreign exchange risks

-Interest rate risks

-Commodity price exposures

-Counterparty credit risks

-Liquidity risks

• Recommend and execute appropriate hedging strategies and derivative instruments.
• Monitor money market developments and assess potential impacts on the Group's financial position.

Project & Structured Finance

• Support financing arrangements for power generation, renewable energy, and energy infrastructure projects.
• Ensure compliance with relevant financing terms, covenants, and reporting obligations.

Treasury Operations & Controls

• Oversee treasury operations, including cash management, settlements, payments, investments, and bank account administration.
• Working closely with ultimate holding company's Group Treasurer and ensure robust internal controls and compliance with treasury policies.
• Monitor treasury performance metrics and implement continuous improvement initiatives.
• Ensure business continuity plans are established for treasury operations.

Compliance & Governance

• Ensure compliance with all relevant banking regulations (e.g. BNM foreign exchange control requirements), and financial reporting requirements in countries such as Malaysia, Singapore, China, Indonesia & India, where the Group operates.
• Support external audits, internal audits, and regulatory reviews.
• Maintain governance standards in line with Board and Audit Committee expectations.
• Prepare treasury reports and presentations for the monthly group finance meeting.
• Regulatory reporting, including to Bank Negara Malaysia.

Stakeholder Management

• Partner closely with Financial Reporting, Management Reporting, Tax, Corporate Planning, Legal, and overseas Business Units.
• Provide financial insights and treasury expertise to support strategic decision-making.

Qualification

• Bachelor Degree in Finance, Accounting, Economics, Banking, Business Administration, or related discipline.
• Professional certifications are highly desirable:

-Chartered Financial Analyst (CFA)

-Certified Treasury Professional (CTP)

-Association of Corporate Treasurers (ACT) Qualification

-Chartered Accountant (CA, ACCA, CPA, ICAEW or equivalent)

• Minimum 15 years of progressive experience in treasury, banking, or financial management. Cross borders treasury and/or relevant corporate finance experience will be an advantage.
• At least 5 years in a senior treasury leadership role.
• Experience within energy, utilities, infrastructure, oil & gas, renewable energy, or capital-intensive industries is highly preferred.
• Demonstrated experience in:

-Corporate Financing

-Project financing related treasury structure

-Cash Management

-Financial Risk Management

-Capital markets transactions

-Banking negotiations

-Treasury transformation initiatives

• Experience managing relationships with local, regional and international financial institutions.