What is a Group Treasurer job? What is the Group treasurer job description?What is a Group Treasurer job? What is the Group treasurer job description?

Group treasurer job and job description

Normally a group treasurer job includes some of the following:

• Ensure existing treasury procedures comply with group Head Office
• Cash flow management:cash forecast or projections
• Placement and investment policy
• Foreign exchange management:mitigation FX risk
• Minimize borrowings cost and ensure availability of correct quantum and cheap fund
• Maintaining close relationship with bankers and lenders of the group
• Close liason with CFO,tax agent
• Reporting on treasury performances

Below tabulate in details the group treasurer job description:- 

Borrowings/Sources of Financing:

External Financing:

• Ensure the Group has long term external funding in place,ensuring appropriate amount,maturity,currency,
• interest rate,tax and counterparty risks
•  Manage the interest rate risk profile
•  Service the debt on regular basis
•  Maintain relationships with providers of debt capital
•  Monitor compliance to debt facilities
•  Measure and understand the WACC rate

Internal Financing:

•  Ensure the internal financing framework is in place and understood
• Manage the internal funding balances
• Control the limits and foreign exchange exposures

Liquidity Management:

• Ensure the Group always has sufficient short term liquidity to service the debt and operation
• Manage cash forecasting

Cash and Bank Management:

•  Manage group`s cash at bank
• Manage repatriation of overseas cash aligned with tax objectives
• Manage control environment
• Manage the group`s global banking relationships

Foreign Exchange &Risk Minimization

•  Manage group`s foreign exchange exposures in local and central books
• Balance external borrowings to Net Asset foreign exchange exposure
•  Balance group foreign exchange exposures to minimise tax risk
• Report on foreign exchange impact on results
• Understand market forecasts

Close Liason with CFO,Tax and other senior level of management:

Besides bankers and lenders,the group treasurer should work very closely with the head of finance/CFO,tax agents and other level of management so as to:

• Ensure no conflict with tax objectives
• Work with CFO to ensure compliance with Accounting standards,internal control and risk requirements.

Management Reporting:

• Collate reports for weekly Investment Committee meetings,including portfolio performance and FX exposure writing. Responsible for the validation and presentation on Interest and FX numbers in Group financial statements. Manage FX,Money Market,investment &other dealing activity and develop and implement strategies for management of foreign exchange exposure.

• Produce full reports detailing the Group’s exposure to foreign exchange risk on anticipated cash flows and balance sheet values. Provide input into and review of long-term cash flow forecast. Play a key role in implementing,as required,Treasury workstations and/or management systems. Develop and write Treasury procedures and maintain records of compliance.

• SOP:Treasury Function
• Foreign Exchange Management:Performance Management
• All Topics Covered Under Heading Of Foreign Exchange Management
• Foreign Exchange Management:Forecasting and Quantifying FX Currency Risk
• Foreign Exchange Strategies:Operation/Management Policy And Procedures
• Foreign Exchange Management:Internal Hedging Method (Part 4 of 4)
• Foreign Exchange Management:Before Even We Consider Hedging Strategy