Yenling Cheng

• Set up accurately the daily cash position of assigned countries.
• Monitor bank accounts and their balances to ensure enough liquidity in all bank accounts.
• Continuously improve processes related to cash flow forecast, cash position setting and FX exposure forecasting.
• Cooperate with banks for any operational issues related to credit lines, overdraft facilities, execution of payments and DOL.
• Understand and comply with CCHBC policy standards and with Internal and External Audit requirements.
• Prepare testing scenarios and perform the testing for new and existing products in SAP Prepare cash flow forecasting timely and accurately: analyze and review the cash flow and propose actions to mitigate excess or shortfall of cash per legal entity. As well as prepare and present the Group cash flow forecast on monthly basis.
• Manage FX exposure reporting: Grow your skills on the end-to-end process of capturing FX exposures in all related SAP systems (Supply Chain, Procurement, Business Planning, BW-Reporting, ERP) for both cash flow and balance sheet exposure.
• Invest excess cash balances as per the Treasury Policy
• Review and report the SAP cash balances and address to the operations as required.
• Build relationships with bank’s customer services for efficient and timely problem solving Build efficient relationship especially with rest of the country operations, Treasury team, Tax, Audit and Reporting departments.

• Manage IHB and accounts of EU affiliates daily to ensure sufficient fund for payments and surplus is being utilized efficiently.
• Daily fund transfers and payments among IC, vendors, and cash pooling with HQ.
• Prepare and analysis weekly consolidated actual cash positions: monitor and analysis weekly free cash flow in all EU companies to enhance efficiency and control within cash operations.
• Responsible for rolling LT Forecast: conduct actual vs forecast variance analysis to track financial performance, and provide insights for financial planning and decision-making across European countries in scope.
• Collaborate with other shareholders to address and optimize cash planning.
• Report and analysis on the consolidated IHB accounts of affiliates in EU Finance BV monthly to make sure the internal loan utilization efficiently and no overdraft situation.
• Prepare and monitor FX positions weekly to cover potential currency risks.
• Global Credit Control: manage all limit applications, allocations, and solutions for cover shortage. Responsible for all issues on debtors, solve disputes, and the main contact to credit insurers and sales.
• Assisting in the administration of finance facilities, bank Activities, and auditing requests.
• Participate and support various Treasury, cross-functional projects.

• Manage daily cash balances, allocations, and affiliates financing: timely and accurate execution payments in EMEA including cash pooling, ex/internal transfers, payroll, and batch payment.
• All Bank Administration/documentation in EMEA and APAC.
• Provide financial support to EMEA and APAC business units.
• Bank reconciliations for EMEA and APAC.
• Provide templates in E-banking systems and coding in Oracle CE.
• Prepare reports and financial analysis as requested by management.
• Solve any escalated issues, including payment/transaction, AR/AP, and Financial ERP projects.
• (Interim)

Risk Management:

• Initiate and oversee Treasury, Credit Risk, and Internal Authority Policy.
• Customer profile analysis (DSO / KYC / Financial analysis)
• Credit Control for APAC and EMEA.
• Main contact person for insurers, collectors, and all financial institutions.
• Projection Coordinated with Sales such as tender, pricing, margin, expenses, agreement, and new business launch.

Treasury Management:

• Multiple currencies (FX) hedge, liquidity, and investment.
• External and internal funding and payment transfers.
• LT & ST Forecast.
• Responsible for all financial facilities: LC, SBLC, guarantee, loans, CD, TD, bonds, funds, online payment, and AR factoring & LC discounting.
• Bank account administration.

Project Management:

• Establishment of new oversea branch offices and subsidiaries.
• ERP system and e-Banking integration and upgrade.
• Capital injection and deduction.
• Participate in M&A in Siemens Mobile located in Singapore and Munich.