Abbott

Makes heart devices, glucose sensors and lab tests

Treasury Supervisor

TreasuryConfirmed live in the last 24 hours

Full-timeShanghai, ChinaNo salary listedIn-person

About the Job

Requirements

At least 5 years of professional financial experience or exposure.
Good communication, problem-solving, and presentation skills.
Basic analytical skills and very good numerical skills.
A good command of English is required.
Mastery of financial tools, knowledge of ERP systems, and good technical skills.
A good working attitude, teamwork, and a good sense of responsibility.

Responsibilities

Monitor cash and foreign-exchange positions to ensure liquidity and profitability.
Prepare monthly cash forecasts, quarterly latest-best-estimate reports, and annual plans.
Settle intercompany transactions through the netting system.
Plan, execute, and report on the hedging programme.
Manage relationships with banks.
Monitor treasury compliance, including letters of instruction and approval matrices for payments, loans, and other cash transactions.
Respond to audit queries and prepare annual regulatory reports.
Handle other treasury-related matters, including employee stock purchase plans, pension funds, and the annual insurance programme.
Prepare monthly and quarterly forecasts and latest-best-estimate reports, analyze variances, and monitor key business changes that drive cash fluctuations.
Develop funding proposals and plans to address cash issues, monitor liquidity and borrowing status—including drawdowns, rollovers, repayments, prepayments, and short-term investments—and optimize borrowing terms and interest by balancing liquidity and financial costs.
Drive key treasury activities, including third-party arrangements, dividends, intercompany business settlements, and other measures that support cash positions.
Forecast and report monthly foreign-exchange positions, analyze variances, and execute hedges from bidding through exercising, sign-off, reporting, recording, and final realization.
Drive key foreign-exchange initiatives, including annual cash-flow hedge forecasting.
Complete treasury month-end and year-end closing activities, including cash reconciliation reports, forward-contract revaluation, and account explanations.
Prepare reports accurately and on time in accordance with local and global requirements.
Draft and implement letters of instruction and lead affiliate-level topics, issues, and dialogue with banks.

Desired Qualifications

Korean language skills are preferred.
Japanese language skills are preferred.

JOB DESCRIPTION:

Four Main Responsibilities:

Job Weighting% - Main Responsibilities

50% - Monitor cash and FX position to ensure both liquidity and profitability

-monthly cash forecast, quarterly LBE and annual plan

-intercompany transactions settlements via Netting system

-Hedge programme plan, execution and reporting

-manage the relationship with bank

35% - Monitor Treasury Compliance

-LOI/approval matrix for payments, loans, other cash transactions

-respond to audit queries

-annual regulatory report

15% - Other Treasury related Matters:

-ESPP

-pension fund etc.

-annual insurance programm

Major Responsibilities/Activities:

Cash Managements
- Monthly/quarterly forecast and LBE reporting, variance analysis, monitoring key business changes which drives cash fluctuation
- Funding proposal/plan to address cash issues ie. monitoring on liquidity/borrowing status (drawdown, rollover, repayment or prepayment, short term investment), optimizing borrowing term and interest by balancing the liquidity and financial costs.
- Driving key treasury activities:TPA, dividends, ICB settlements or any measurements helping cash positions.
FX Managements
- Monthly FX position forecasting and reporting, variance analysis, etc.
- Hedging Executions from bidding, exercising, signoff, reporting, recording till final realization.
- Driving key FX initiatives: annual cash flow hedge forecasting
Be responsible for month/year end closing activities of treasury team such as cash reconciliation reports, and forward contract revaluation and account explanation.
- Prepare reports timely and accurately per local requirements and Global requirements.
Bank Relations Managements:
- LOI drafting and implementing
- Leading every topic/issue/dialogues with banks at affiliate level.

REQUIREMENTS:

Position experiences:

5+ years of professional financial experience/exposure
Good communication skill, problem solving and presentation skills.
Basic analytical skills and very good numerical skills

Language Skills：

Good command of English is a must. Korea and Japanse are preferred.

Computer Skills:

Mastery financial tools and ERP system knowledge and good technical skills

Other Special requirement:

Good working attitude and team work spirit as well as good sense of responsibility

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Treasury

DIVISION:

IFO International Finance

LOCATION:

China > Shanghai : 388 W. Nanjing Road, Ciros Plaza

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Not specified

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Not Applicable

About the Company

Abbott

Makes heart devices, glucose sensors and lab tests

Abbott makes medical devices, diagnostic tests, nutrition products and branded generic drugs for hospitals, laboratories, pharmacies and patients. Its best-known product is the FreeStyle Libre, a coin-sized sensor worn on the upper arm that tracks blood sugar around the clock without routine finger pricks. Its other lines run from heart valves, pacemakers and brain stimulators to lab analyzers, rapid tests and mail-in colon cancer screening kits, and Abbott earns money by selling these products to health systems, labs, retailers and consumers. The company was founded in 1888 by Chicago physician Wallace Abbott and is based in Abbott Park, Illinois.

Company size: 10,001+
Company stage: IPO
Headquarters: Abbott Park, IL
Founded: 1888

Recently Posted Jobs

Explore more opportunities at Abbott

See more jobs