Cash Management & Foreign Exchange Specialist

Schneider Electric Gruppe; Indonesia; On-site; USD 30,000 - 60,000; Full time

Job summary

An inclusive company is seeking a Cash Management & Foreign Exchange Specialist to drive impactful financial strategies. In this role, you'll manage foreign currency risks, execute trades, and collaborate with cross-functional teams to enhance cash management processes. Your analytical skills will be crucial in developing tools for effective FX management. This is a fantastic opportunity to contribute to a meaningful purpose while ensuring financial efficiency and sustainability across various entities. Join a forward-thinking firm dedicated to empowering individuals and fostering innovation in the financial landscape.

Qualifications

• Experience in cash management and foreign exchange strategies.
• Strong analytical skills to develop tools for FX management.

Responsibilities

• Identify currency exposures and implement hedge strategies.
• Manage foreign currency risk and execute trades on platforms.
• Support cash management and analyze liquidity operations.

Skills

Cash Management

Foreign Exchange Management

Analytical Skills

Risk Management

Communication Skills

Education

Bachelor's Degree in Finance or related field

Master's Degree (preferred)

Tools

Electronic Trading Platforms

Financial Analysis Software

Job description

Do you dream of working in a company that is driven by a meaningful purpose? An inclusive company that empowers you to do your best and be innovative?

We are looking for Cash Management & Foreign Exchange Specialist to make an impact!

At Schneider Electric, we believe access to energy and digital is a basic human right. We empower all to do more with less, ensuring Life Is On everywhere, for everyone, at every moment. We provide energy and automation digital solutions for efficiency and sustainability.

You will be responsible for:

1. Identify currency exposures and roll out the appropriate hedge strategies and SOP for FX management across EAJ entities.
2. Manage foreign currency risk for a dynamic, multi-program (cash flow hedging, balance sheet hedging, net investment hedging) routinely according to the exposure indication.
3. Execute requested foreign currency trades on electronic trading platform and communicate trade details to requestor.
4. Coordinate FX settlements with all relevant parties.
5. Analyze the effectiveness of various hedging programs on a monthly basis.
6. Develop analytical tools to support FX management and monthly analysis, ensuring robust, efficient, and controlled end-to-end processes, and look for opportunities to improve and automate these.
7. Work with cross-functional teams including Tax, Business & Corporate teams to support business, corporate, and Treasury-specific initiatives.
8. Lead or assist with ad hoc projects.
9. Ensure maintenance of and compliance with an effective control environment.
10. Maintain knowledge of current and evolving FX regulations and practices in the countries within EAJ.
11. Manage treasury operations related to cash pooling/sweeping and forex hedging.
12. Support cash management scope when needed, including cash flow forecasts, analysis, and entity liquidity and debt management.
13. Understand and apply corporate policies by country.
14. Ensure the efficiency and liquidity of the entities' cash, monitor and control liquidity operations, including daily transactions, facility utilization, bank fees, bank balances, and regional balances.
15. Assist with resolving higher-level treasury issues, implementing efficiency projects, and performing other treasury-related tasks as assigned.