Job description:

Your Role
The Regional Treasury Manager is responsible for overseeing the organization's treasury operations, ensuring effective cash, liquidity, investment, and debt management in the APAC region and reports directly to Group Treasury, located in Amsterdam, the Netherlands. This role plays a critical part in improving treasury processes, enhancing automation, and optimizing working capital for both the operating entities in the region as well as the group while ensuring compliance with internal policies, accounting standards (IFRS), and regulatory requirements. Additionally, the role focuses on risk management, financial reporting, and continuous process improvements to support strategic decision-making and maintain a robust treasury control environment.

This position collaborates closely with key stakeholders across the finance function, providing timely and accurate treasury data, analysis, and recommendations to optimize financial resources and support business objectives.

Your Key Task

Cash and Liquidity Management:

Manage day-to-day liquidity of operating entities in APAC including fund movements and supplier payments, intercompany transfers, local manual payments and cash sweeping arrangements.
Manage daily working capital within sanctioned limits through coordination with sales, credit control, and P2P teams if applicable.
Support in preparation and submission of cash flow forecasting (both direct & indirect), cash position reporting.
Oversee and manage cash flow reporting.
Analyse and manage cash flow from operations, investments, and financing activities.
Implement automated solutions to enhance transaction processing and reduce manual interventions.
Lead processes including the arrangement of local credit facilities with Global Treasury.
Ensure appropriate and timely financing of operating entities in the region including capital injections and capitalizations.
Coordinate and facilitate cash repatriations back to the group.
Identify, implement and drive regional and local working capital initiatives.

Bank Relationship Management:

Serve as the primary banking contact for relationship management and handling bank administrative tasks (account opening, information updates, cross-border payment support documents submission etc.).
Maintain strong relationships with financial institutions, lenders, and other treasury service providers.

Risk Management:

Monitor and manage financial risks, including foreign exchange (FX) risk, and counterparty risk.
Assist in the development and execution of hedging strategies to mitigate exposure to currency fluctuations.
Conduct risk analysis, providing insights and strategic recommendations to mitigate financial risks.
Ensure compliance with treasury policies related to risk management and financial controls.

Financial Reporting & Reconciliation:

Ensure accurate and timely reporting of treasury activities, including cash positions, debt status, and liquidity planning.
Implement automation tools to improve reporting efficiency and reduce manual processes.
Conduct variance analysis and provide insights on treasury performance.
Ensure consistency and accuracy in treasury data consolidation across multiple systems.

Internal Controls & Compliance:

Perform and coordinate bank administration tasks and KYC.
Ensure treasury operations comply with IFRS, internal policies, and regulatory requirements.
Process royalty/dividend remittances, cross-border foreign currency payments requiring regulatory and Central Bank approvals
Lead and assist in treasury-related audits, including internal, external, and compliance audits.
- Collaborate with auditors to ensure timely completion of treasury-related financial audits.
- Support internal and external audits by providing necessary documentation and explanations for treasury activities.
Leverage technology to enforce approval workflows, segregation of duties, and fraud prevention measures within the treasury function.
Maintaining complete auditable treasury records, providing documentation for reconciliations/month-end closing/audits upon needed.

Treasury Systems & Process Improvement:

Identify and implement process improvements to enhance treasury operations and reporting accuracy.
Evaluate and deploy automation tools, robotic process automation (RPA), and data analytics solutions to improve efficiency.

Treasury Reporting & Analysis:

Develop and maintain automated, accurate, and timely treasury reports that support financial planning and management decision-making.
Implement automated variance analysis tools to compare actual vs. forecasted results, improving decision-making accuracy.
Prepare ad-hoc reports and financial analysis for senior management and key stakeholders.

Collaboration & Communication:

Act as a key liaison between treasury, tax, FP&A, and other finance teams to ensure alignment of financial data.
Work closely with Accounts Payable, Accounts Receivable, and other stakeholders to improve cash flow efficiency and forecasting.
Provide treasury-related insights to senior leadership, supporting financial planning and strategic decision-making.
Perform insurance management if applicable (policy updates, collection insurance negotiation, risk reviews).
Serve as the regional focal point for global treasury projects (TMS, bank interface, etc.).

Education

Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
CPA, CMA, or relevant treasury certification (e.g. ACT, CTP) preferred.

Skills and Experience

Expertise in treasury operations, including cash management, payments, investments, and risk management.
Advanced proficiency in Excel, financial modelling, and data visualization tools (e.g., Power BI, Tableau).
Experience with RPA (Robotic Process Automation) and process improvement methodologies is a plus.
Excellent analytical, problem-solving, and decision-making skills.
Strong communication and collaboration skills, with the ability to work cross-functionally.
Fluency in English is required, in Mandarin preferred.
10+ years of experience in treasury operations, treasury accounting, or financial management.
Strong understanding of cash flow forecasting, liquidity management, and financial risk mitigation.
Hands-on experience with treasury management systems (e.g. SAP, online banking systems) and financial reporting software.
Proven track record in streamlining and automating treasury processes, improving efficiency and accuracy.

Who are looking for

High level of integrity and ethical standards in managing financial transactions.
Ability to work independently while effectively collaborating with teams.
Detail-oriented with a strong focus on accuracy and compliance.
Proactive mindset with a continuous improvement approach.
Bias for action, drive for results
Networking and influencing
A strong sense of ownership and accountability
Organisationally and analytically strong
High level of resilience and problem solving
A dot connector
Curiosity: A customer centric mindset.
Ability to perform under tight deadlines
Relevant values, drivers for this role
- Performance and growth mindset
- Agility to thrive in a volatile, uncertain, complex and ambiguous world
- Flexibility to drive change
Passionate about Tea

We offer:

What's in it for you

Health insurance coverage for you and your dependents
Flexi-benefits
Well-being leave
Employer provident fund contributions above statutory
Hybrid working

Treasury Manager APAC