Senior Treasury Associate at ARM Hold Co.

Main Responsibilities

• Ensure adequate liquidity is available to meet strategic objectives and financial obligations
• Oversee cash management banking and financial institution relationships. Negotiate bank and service fees. Implement new bank technologies, products and services to improve cash cycle and simplify company operations.
• Manage the disbursement and collection process to and from country offices
• Minimise the cost of capital for the company
• Manage the risk from interest rates, and other forms of exposure (e.g., foreign exchange) in line with strategy and risk appetite
• Ensuring that the company's cash flow is adequate to allow it to operate effectively
• Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines
• Forecast cash payments and anticipating challenges arising from limited cash flow and perform financial modelling
• Ensure compliance with internal controls, policies and procedures. Develop and monitor treasury operational policies.

Deliverables:

• Capital and liquidity report
• Disbursement and collection process plan

Time Allocation:

• Liquidity management-60%
• Domestic fundraising -20%
• Agency relationships-15%
• Administrative-5%

KPIs
Business Performance:

• Interest expense as a percentage of sales - total interest payments made by the
• Group in the last financial year as a percentage of total sales (15%)
• Growth rate in interest expense - percentage growth rate in value of interest payments made by the Group in the last financial year (15%)
• Debt to total assets ratio - the ratio of total debt to total assets (15%)
• Number of credit rating upgrades in the last financial year - total number of times the Group’s credit rating was upgraded in the last financial year (15%)
• Number of credit rating downgrades in the last financial year - total number of times the Group’s credit rating was downgraded in the last financial year (10%)

Reports and Processes:

• Timeliness of management reports - percentage of management reports that are delivered to the target audience as per the agreed deadlines (5%)
• Quality of Management Reports - Variance between expected and actual cash flow, liquidity requirements, etc. (5%)
• Timeliness of processes - on time disbursement and repayments of funds to country office (5%)

Management:

• Direct report feedback - the annual average rating from 360-degree surveys launched to direct reports (10%)
• Feedback from direct leader - qualitative judgement (5%)

Skills:

• Excellent understanding of real estate market and financial needs
• Knowledge of investment portfolio strategy, bankin, and financial instruments
• Knowledge of treasury software expertise is a plus
• Thorough understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures
• Gathers information nationally and internationally about what could be; visualises the future and assesses what needs to change; thinks strategically, considers wider effects thoroughly, including customers, shareholders and people; promotes and builds enthusiasm for the vision.
• Balances the needs of the stakeholder triangle; assimilates and analyses relevant information; identifies core principles, and applies them consistently to decisions; identifies and mitigates risks; creative in providing solutions; owns decisions.
• Good planning/project management skills
• Exceptional negotiation, problem-solving and analytical skills
• Outstanding people leadership and management skills. Ability to drive change management across the organisation
• Superior communication skills, both verbal and oral
• Sets milestones and timeframes to achieve objectives and operational requirements; determines priorities and allocates responsibilities and manages workflow; establishes measures and monitoring systems; monitors unit and individual performance, putting (joint) action plans in place to address areas of non-compliance; anticipates hurdles and has contingency plans to get around them

Requirements

• Undergraduate degree (or equivalent) in a related field is required
• Advanced degree (MBA) or Chartered Financial Analyst certification (CFA) preferred
• 10 years of professional experience; 3-5 years of experience within a similar role
• Experience In Focus Country Preferred
• 10+ project management experience
• Undergraduate degree (or equivalent) in business management
• Experience in managing large scale projects within the real estate sector