BUSINESS SUMMARY
ABS-CBN is considered one of the country’s leading media and entertainment companies, with service offerings across the different platforms of media, servicing a wide array of customer segments.
As an organization, ABS-CBN affirms its mission of being in the service of the Filipino and all of its stakeholders worldwide. The company is driven to pioneer, innovate and adapt as it continues to provide information, news and entertainment that connects Filipinos with one another and with their community - wherever they may be. ABS-CBN is firmly committed to pursuing excellence.
Prior to the shutdown of its broadcast operations in 2020, ABS-CBN was the largest television network in the Philippines. As a radio broadcast company, it operated 22 radio stations including anchor radio stations in Mega Manila, DZMM and DWRR, in the AM and FM bands, respectively.
The company delivers television programming outside of the Philippines to over 3 million viewers in North America, the Middle East, Europe, Japan, Australia, Canada, and other countries in Asia, through the internet and the Company’s global distribution platform, TFC, using DTH satellite service, cable television channels, IPTV, mobile applications and video streaming services. Its offerings are further complemented by subsidiaries focused on other multimedia services such as film production, music recording, telecommunications, and magazine and book publishing.
RESPONSIBILITIES
POSITION SUMMARY
The Treasury Manager oversees daily treasury operations and performs treasury tasks linked to capital management, debt, borrowing, and cash flow. A Treasury Manager distributes cash balances, keeps track of investments, and creates predictions for expenses and revenue. making sure that the organization’s policies and processes adhere to its goals, needs, and regulatory body regulations.
The Treasury Manager also decides how to raise money and keeps an eye on investments and collections.
KEY RESPONSIBILITIES
- Conducts cashflow forecasting and develop and implement cash management strategies that optimize liquidity and reduce borrowing costs.
- Manages the company's debt portfolio, including the issuance and repayment of debt instruments, as well as the negotiation of terms with lenders
- Manage bank relationships and negotiate terms and conditions for bank facilities
- Conducts regular analysis of the company's liquidity position, ensure operating requirements are met, and recommend short and long-term strategies in managing Company’s cash position
- Conducts regular presentations to top management
- Monitors compliance with bank covenants and reporting requirements.
- Ensures that all treasury operations are conducted in compliance with relevant laws, regulations, and policies.
- Oversee treasury operations, working closely with the Head of Shared Service Team handling day-to-day Treasury operations
- Develop and maintain strong relationships with internal stakeholders, including finance, legal, operations
- Lead treasury projects, including the implementation of new systems, processes, and procedures.
REQUIREMENTS
- Bachelor’s degree/University degree or equivalent experience
- At least 5 years of experience in a related role
- Ability to work independently and proactively
- Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders Experience of managing a finance function in a fast-moving, rapidly growing environment
- Eye for detail and diligence to ensure accuracy of systems and processes
- Proven ability to drive efficiency and process reviews across an international organization
- Commercially astute individual, capable of strategic thinking and with sound judgement
Preference will be given to candidates who APPLY ONLINE.