Treasury Manager (new Health Care Company)

Singapore, Singapore

Job Description


3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

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3M is establishing two industry-leading companies, creating value through the spin-off of its Health Care business, while 3M will continue to be a global material science leader, focusing our innovation to win in favorable global megatrends and attractive end markets. This new Health Care Company will be a leading global diversified health technology company with:

Proven category leadership

Exposure to attractive end-markets

Innovation mindset driving improved patient outcomes

Collaborative customer relationships

Deep global regulatory experience

Operational excellence and strong cash flow

Strong sales growth and profitability with significant recurring sales

We expect the creation of the two companies will be completed by the end of 2023. For now, we will continue to operate as one global company. This role is positioned to drive the success of the "New Health Care Company\xe2\x80\x9d.

The Impact You\xe2\x80\x99ll Make in this Role

As a regional Treasury Manager, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. You will collaborate closely with the APAC Treasury Ops Lead and other team members to drive efficiency and accuracy in treasury processes, effective cash management, support decision-making, and ensure compliance with Treasury policies and respective regulations. Here, you will make an impact by:

Monitoring and analyzing daily cash positions, manage cash flow, and forecast short-term liquidity requirements; helping facilitate periodic reviews of repatriation opportunities

Executing Treasury related payment activities, including wire transfers, electronic funds transfers, intercompany loan/deposits settlements, and other treasury transactions

Familiarity with APAC payment systems, formats, and standards for seamless cash flow management and payments processing

Understanding local banking regulations and ensuring compliance with relevant financial reporting requirements, and internal controls

Assist in the preparation of treasury-related reports and presentations for senior management

Maintaining regional treasury operations, including 90-day rolling cash forecasts, daily cash positioning & management, settlements/confirmations for various FX and investments financial market instruments, intercompany netting, bank account management, etc.

Leveraging knowledge of treasury technology & systems (such as Kyriba, SAP, SWIFT, FXAll, Power BI, etc.) to automate and improve current operations, decision-making, and supporting implementation of a new Treasury Management System

Maintaining bank accounts documentation and signatories as needed

Partnering with business functions to provide proactive finance guidance to influence business thinking related to cash management, financial instruments, and banking strategies

Participating (both as a team member and a leader) in global Treasury change management projects across cash management and banking, partnering with related stakeholders and organizations (both internal and external) where applicable and preparing Treasury dashboards and reports; partnering with other treasury / finance areas to support closing cycles

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

Bachelor\xe2\x80\x99s Degree in Finance, Accounting, Economics, or a related field or higher from an accredited university

5 years of treasury experience in a private, public, government or military environment

Fluent in English, both written and spoken

Additional qualifications that could help you succeed even further in this role include:

Master\'s degree in Finance, Accounting or Economics and/or Certified Treasury Professional (CTP) certification or equivalent from an accredited institution

Strong understanding of cash management, pooling structures, financial risk management, and treasury operations

International Treasury operations knowledge including In-House Banking models, pooling, cross functional settlements, and analysis of financial market transactions

Excellent organizational skills with attention to detail and accuracy Strong analytical and problem-solving abilities

Detail-oriented with the ability to excel in a dynamic environment

Able to manage a variety of projects simultaneously, prioritizing requirements to meet deadlines and critical needs

Experience identifying opportunities for process, system or other changes and successfully implementing these changes

Experience leading initiatives and contributing on cross-functional global teams

Work location: Work Your Way Eligible (Employee choice to work remote, on site, or hybrid)

Travel: May include up to 5% domestic/international

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life \xe2\x80\x93 both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers.

#LI-Hybrid

Learn more about 3M\xe2\x80\x99s creative solutions to the world\xe2\x80\x99s problems at www.3M.com or on Twitter @3M.

Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M\xe2\x80\x99s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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Job Detail

  • Job Id
    JD1374717
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned