Keppel Land is the property arm of Keppel Corporation, a multi-business company providing solutions for sustainable urbanization.

As a multi-faceted property company, Keppel Land provides innovative real estate solutions with its sterling portfolio of award-winning residential developments, investment-grade commercial properties and integrated townships.

Keppel Land is geographically diversified in Asia, with Singapore, China and Vietnam as its key markets, while it continues to scale up in other markets such as Indonesia and India. In Vietnam, Keppel Land is a pioneer and one of the largest foreign real estate investors with a quality portfolio mainly in Ho Chi Minh City, including Grade A offices, residential properties, retail malls, integrated townships and award-winning serviced apartments.

We are currently looking for suitably qualified candidate to fill up the following position of Deputy Finance Director – Treasury

AIM OF THE JOB:

• Looking for external financing and processing required documentations.
• Debt & cash management for KLV group entities.

KEY AREAS OF RESPONSIBILITY:

External financing:

• In collaboration with KLL Treasury, look for term loans / short-term loans for project development with onshore and offshore banks, including local banks.
• Managing external financing process, including any SBV regulatory compliance, loan documentation review, negotiation and finalization of loan term sheets.
• Assist Project Finance and KLL Treasury to review their existing credit facilities and structure and propose the alternative loan structure including prepayment and derivative products.

Project financing:

• Obtaining external funding at efficient financing costs through various products such green loans to contribute reduction of financing costs of projects, or internal financing such as shareholders’ loan, interco loans, cash pool solutions, etc.
• Liaise with the banks and Corporate Finance team and Group Legal in HQ for project financing, including technical review of project cashflow, terms and conditions of credit agreements and relevant documentations such as mortgaged, collateral agreement, corporate guarantee, etc…
• Liaise with related parties (Finance VN ground team, Finance/HQ, Business Development Dept,…) to prepare and arrange the periodic forecast funding requirement for whole Vietnam including capital injection, interco advances, shareholders’ and external loan
• Review periodic funding requirement of individual trading projects
• Liaise with the bank for Bank Guarantee to be issued to Keppel buyers in Vietnam

Debt management:

• Reviewing loan covenants as specified in the loan agreements across borrowing entities with external bankers.
• Ensuring shareholders’ loans, interco loans to be repaid as scheduled.

Cash management:

• Managing surplus cash in compliance with Bank Limit Framework
• Looking for short-term credit facilities to fund working capital.
• Cash pooling solutions for KLV group of entities.
• Other financing schemes for project financing, e.g. bonds, product convertible bonds, etc.

• Reporting:

• Review the updates to Group Treasury on quarterly loan covenants for subsidiaries.
• Review the updates to CFO/KLV and Group Treasury on Vietnam banking regulations, finance-related matters in terms of laws of real estate business, housing, land and foreign currency control.

• Industry relationship:

• Maintain good relationship with banks’ relationship managers; update contact or any changes of RMs at banks from time to time
• Update regularly legal provisions or changes of bank management policies from SBV and the government
• Update information/ratings of banks (Moody’s or S&P’s) within the approved bank list
• Update or obtain data on regular basis (monthly; quarterly; 1M; 3M; 6M) of FX rates (USD/VND; SGD/VND); VNIBOR; LIBOR/SOFR; CPI; volumes of country exports/imports; FDI inflow/outflow