De Lage Landen (China) Co., Ltd
Cash Management Officer
August 2011 — Present
Managing the treasury of 2 legal entities – related activities, cash flow forecast and especially on financing plan; There are 13 banks and 18 bank accounts in total;
Be in charge of 3 years/annually/quarterly/monthly/weekly cash flow forecast - on average RMB 600 million cash in&out in total per month;
Be in charge of budgeting of new borrowing and outstanding loans – 3 years/annually/quarterly/monthly funding plan;
Assist CFO to communicate with Treasury Center, including new credit line, credit line renewal, oversea supports and so on;
Assist CFO and internal lawyer to negotiate the terms and conditions of facilities with banks at minimum cost;
Be in charge of monthly/weekly funding – around RMB 150 million new borrowing per month; Cooperated banks including.: ICBC, ABC, BOC, BOCOM, CMB, RABO bank Shanghai/Hongkong Branch (offshore loan operator: HSBC)
Optimize the usage of available funding source and minimize funding cost; Well control/calculate/forecast the interest expense;
Build and develop good working relationships with banks; updating the liquidity of market; Prepare the regulation/finance product study and analysis for new programs;