Overview
Manager Corporate Finance Jobs in WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia at MISC Group
Title: Manager Corporate Finance
Company: MISC Group
Location: WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
JOB PURPOSE:
- Manage MISC Group’s fund raising initiatives (debt, equity or equity linked) to secure optimum financing solution within acceptable risk profile and at most favorable terms and conditions;
- Plan and manage the loan portfolio and loan administration of the MISC Berhad (MISC) Group of Companies.
PRINCIPAL ACCOUNTABILITIES:
Funding Requirements
- Manage corporate exercise (bonds issuance or corporate term loans) and financing initiatives (for project financing) undertaken by MISC Group of Companies. The task includes:
- Compile and evaluate proposals from banks for project financing or corporate term loan from response to Request for Proposals (RFP);
- Ensure necessary Bank Negara Malaysia (BNM) Foreign Exchange Administration (FEA) rulings are met;
- Propose the most tax efficient financing structure per Tax’s advice;
- Prepare proposal paper to management or Board of Directors in seeking approval for the financing exercise;
- Discuss with Company Secretary on the debt equity structure and the type of equity (i.e. 100% ordinary shares or a mixture of ordinary shares with preference shares) and assist Business Unit in setting up a new Special Purpose Vehicle (SPV) company.
- Review and negotiate the Term Sheet and loan documentation with Legal and lenders.
- Evaluate finance proposals.
- Review cash flows
- Manage due diligence
- Complete conditions precedent and conditions subsequent to …
- Hedge loan exposures.
- Manage the inter-company loans with subsidiaries and joint venture companies in supporting their project and working capital requirements.
- Negotiate Terms and conditions with subsidiaries
- Liaise with Legal team in finalizing the inter-co loan agreements
MISC Group Financing Plan
- Assist Head in the Financing Plan exercise in terms of:
- Economic outlook or SWAT analysis;
- Key Performance Business Indicators (KPBIs);
- Lead the CF team in preparing the loan schedule based on the DE structure of project; and
- Manage the development of financial models for Business Units/ subsidiaries which includes financing structure for planned and existing projects to support Head in achieving optimum funding for the Group’s investment or projects.
Corporate Finance Advisory
- Support Head in corporate exercises and/or special projects with respect to:
- funding strategy/options (to meet the requirements of Bid/Tender document on potential business venture(s)) or
- capital structure for the MISC Group and subsidiaries in existing and new ventures through the development of financial models and/or funding plans to support financing proposals and tender bid submissions respectively.
Initial Credit Ratings Review (MISC Group of Companies)
- Manage the rating exercise by rating agencies (international and/or local), in collaboration with the Group Accounts section, to facilitate fundraising via the Debt Capital Market.
Loan Administration (MISC Group of Companies)
- Plan and manage MISC Group’s loan/ borrowings covenants (qualitative and quantitative) to ensure compliance with external loan covenants and loan administration policies/ requirements (both management and statutory-related).
- Review the compliance documents before submission.
- Manage the loan administration (reporting aspect) for all external and inter-company loans.
- Review the quarterly reports for submission to BNM.
- Lead discussions with the Agent Bank during any potential waiver request exercises in the event of a breach to covenants.
People Development
- Provide specific guidance and motivation to drive the development of a ready pool of capable and competent Corporate Finance professionals to best support the Group’s business growth and operational needs
EXPERIENCE & REQUIREMENTS:
- At least 10 – 12 years of working experience in Finance/ Treasury/ Accounting.
- Experience in Corporate Finance and Treasury functions in particular project financing.
- Experience in oil & gas or energy sector.
- Proven record in raising and closing financing.
- Degree in Accounting/ Finance/ Economics or other related professional qualifications.
