Job Description

EDPR Sunseap is part of EDP Renewables (the main subsidiary of EDP Group), a global leader in the renewable energy sector and one of the world\xe2\x80\x99s largest wind producers. With its headquarters in Singapore, EDPR Sunseap is the leading sustainable development hub for the Asia Pacific region with activities across nine different markets. Our activities are focused on the design, development, management, and operation of renewable energy sources, namely solar, wind, as well as new technologies such as storage. EDP is a global energy group leading the Energy Transition, Innovation and Sustainability. Using the technology of the future, we create solutions highly focused on the needs of our people and our customers, never neglecting our role and contributions to society. To achieve our goals, we aim to attract diverse people with high potential through the professional opportunities we create. Join us to be part of a renewable energy leader that reinvests in society through sustainable projects and social as well as cultural causes. You will have the opportunity to actively participate in our global transformation, by changing tomorrow now.

Responsibilities

Banking and Treasury Management Infrastructure

• Managing the opening and closing of bank accounts and setting up and administration of online banking systems across APAC countries. Ensuring account decision making are according to Internal DoA. In terms of banking administration, to ensure appropriate access rights are granted to various banking users.
• Managing the transition of existing bank mandates in Asia Pacific countries to new global mandate and newly acquired SPVs.
• Oversee bank and account management activities, including bank fee management, fulfilling banking regulations and tracking liquidity position of APAC countries.
• Leading initiatives rationalizing bank account structure
• To support corporate financing decision in the form of cross-border debt and equity across various APAC countries by liaising with various banking relationship to ensure successful financing process.
• Prior hand-on experience with the setup of manual payment file upload and host-to-host connectivity between ERP and banking systems will be advantageous.
• Leading initiatives to optimize banking architecture hence prior hand-on experience in the setup APAC-wide liquidity structure will be desirable.
• Prior hand-on experience in Treasury Management System will be advantageous

Trade Finance

• Liaise with internal stakeholders and banks on the issuance of various kinds of guarantees such as Import Letter of Credit, Standby Letters of Credit, Banker\xe2\x80\x99s Guarantee (Bid/Performance Bond), Financial Guarantees and Parental Corporate Guarantee. Must be capable to follow through the whole process from the issuance to tracking of banking commission paid to monitoring of expiry dates and renewal periods.
• Liaise with internal stakeholders and manage the day-to-day use and monitoring of working capital trade tools such as supplier invoice financing and reverse supplier factoring to maximise cash conversion cycle on a monthly basis.
• Monitoring and ensuring sufficient credit headroom in all trade credit facilities within the region for immediate and near-term needs
• Preparing monthly report on bank guarantees and trade credit facilities report.

Debt-Management

• Computing and monitoring the Group\xe2\x80\x99s external debt obligations and compliance to debt covenants on periodic basis
• Monitoring the use of Intercompany loans and tracking interest accrual in monthly report
• Ensure proper maintenance of debt information in TMS data to facilitate monthly corporate reporting

Cash Management

• Support and improve the short-term cash flow forecasting process with the objective to avoid surprises with near term funding requests.
• Propose monthly domestic transfer of intercompany lending within some markets

Others

• Take a lead role in rolling out special projects such as setup of TMS and Liquidity and Cash Pool Project for APAC in 2023. Depending on capability and experience, may take a more advanced role.
• Support month end closing and reporting activities

Requirements

• Degree in Accounting/ Finance or Economics with at least 3 years relevant experience in Treasury/ Corporate Finance is non-negotiable.
• Strong understanding of cash management concepts, including cash position management and liquidity management and architecture.
• Good understanding of money markets, banking regulations in each APAC countries will be advantageous for the candidate.
• Strong English communication skills, oral and written, is highly desirable.
• A can-do attitude and strong work ethic is highly desirable.
• Highly motivated with confidence to work and deliver with minimal supervision.
• Highly proficient in Microsoft Excel is a must.
• Proficiency in Power BI will be a bonus.

When you join EDPR Sunseap, you will have access to:

• Professional experience in a leading global company in the renewables industry with flexible work conditions
• Recognition through remuneration compatible with the role and other additional benefits
• Opportunities for personal and professional development, e.g. cross-cutting projects, mobilities and volunteering

About EDP Group:

As a socially responsible company, we incorporate our values and practices with the principles of Diversity and Inclusion. To achieve all our objectives, we intend to attract, develop and retain different profiles, assuming diversity as a key factor and differentiator of fundamental innovation in our organisation. We welcome and value all people, and we are committed to the inclusion and sense of belonging of each person who is part of the EDP Group.

What makes us proud as an employer:

• TOP Employer Europe 2021 certification
• Bloomberg Gender Equality Index 2021
• Top Workplaces US 2021
• Certification in Conciliation (Excellence) by the M\xc3\xa1s Familia Foundation

If you think you have the right profile for this opportunity, apply until 22 January 2023.

EDP