Head of Treasury & Budgeting

Tanggung Jawab

Job Summary

Lead and oversee the treasury and budgeting functions to ensure optimal liquidity management, accurate forecasting, and efficient allocation of financial resources. This role safeguards the company’s financial health through proactive cash flow management, foreign exchange and investment oversight, robust budgeting processes, and process improvements aligned with corporate objectives.

Job Description

Budgeting & Forecasting

Lead the corporate budgeting process by guiding the establishment of guidelines, approving templates, directing kick-off and socialisation sessions, reviewing and consolidating departmental submissions, and steering the final approval process to ensure alignment with corporate strategy and departmental goals.

Develop and maintain rolling financial forecasts by analyzing the actual vs budget use, identifying key variances, and updating assumptions based on market trends, business performance, and operational changes, to support strategic decision-making and ensure financial targets are met.

Support resource allocation by providing financial insights that guide spending and capital decisions to ensure alignment with business priorities and operational goals.

Treasury & Cash Flow Management

Lead enterprise-wide liquidity management by overseeing cash flow forecasting, managing multi-entity cash positioning, pooling, and daily bank balances and reviewing assumptions and scenarios to align funding needs, optimize liquidity, and reduce risks.

Oversee all banking and treasury activities, including credit facilities, short-term investments, and loan agreements, by monitoring usage, maturities, and covenant compliance, while managing renewals and investing surplus funds to safeguard liquidity and optimize returns.

Oversee foreign exchange and currency risk management by monitoring positions, forecasting currency needs, and FX transactions execution, while reporting gains, losses, and exposures to support informed decisions and effective risk mitigation.

Payment Processing

Oversee the overall payment process by establishing controls, reviewing batch proposals, and ensuring timely execution of approved payments, in compliance with policies and workflows across all entities.

Oversee corporate credit card activities by evaluating proposals, coordinating issuance and cancellations, monitoring transactions, and resolving issues to ensure effective, responsible use within risk limits and operational requirements.

Oversee intercompany transactions and reconciliations to ensure liquidity, efficiently manage internal cash resources, and support uninterrupted operations across entities.