Treasury specialist

Dow Chemical

Shanghai
Permanent
Full-time

1 month ago

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place.Responsible for managing the company's cash flow and short term liquidity for APAC region. Works effectively with different internal stakeholders and banks to enable Dow's financial flexibility. Ensure regulatory compliance with various regulatory framework.Responsibilities / Duties

Manage day-to-day cash flow to ensure sufficient liquidity for operational needs. Minimize idle cash and improve operational efficiency. Ensure internal and external compliance.

Activities include but not limited to:

Manage fund transfer
Understand foreign currency regulation and manage FX transactions
Handle the interco loan rollover and interest rate reset
Manage the bank loan drawdown, rollover or repayment and interest settlement.
Handle the bank draft discounting to meet needs of both counter party risk control and liquidity.
Use treasury system to execute/ capture Treasury operation.
Oversee foreign payment process and ensure regulatory compliance.
Manage bank accounts and keep up to date authorized signers. Administer e-banking system.
Manage multiple cash pools to ensure efficient leverage of onshore cash and cross-border flow. Understand or can quickly catch up with various regulatory framework and available treasury products in APAC to manage, improve, design cross-region liquidity management.
Work closely with Planning team and key internal stakeholders (such as site finance focal point, supply chain, business finance, tax) to project cash flow. Continuously seek way to improve forecast accuracy.
Manage communication with bank for operation activities. Negotiate with bank for cash pooling agreement, E-banking agreement and set-up, and bank account opening agreement.
Apply expanded conceptual knowledge in supporting treasury related activities aligned with corporate finance, financial operations, financial risk management, portfolio investments, customer financial services, financial planning, or insurance and corporate risk management.
Keep smooth communication with other regions and US headquarter.

Qualifications

5 years+ experience in finance/treasury
Good communication skill and Work effectively in a team environment
Self-motivated
Fluency in both written and spoken English
CPA/CFA is preferred
Fluency or proficiency in a second language such as Japanese/Korean is a plus but not required

Benefits – What Dow offers youWe invest in you.Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.Here are just a few highlights of what you would be offered as a Dow employee:

Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental and emotional well-being, to help you get the care you need...when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning and educational resources to help you achieve your long term financial-goals.
Become a Dow shareholder through various employee stock programs.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Global Paid Time Off (PTO) policies:

Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.

Join our team, we can make a difference together.About DowDow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting .As part of our dedication to the diversity of our workforce, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on .

Dow Chemical

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