The recent global financial crisis has emphasised the importance of core treasury activities such as funding, cash management and financial risk management. These activities are critical during period of market volatility and uncertainty to secure companies as going concern. Apart from these day-to-day challenges, corporate treasuries are increasingly expected to contribute to shareholder value with sophisticated financial risk management strategies. Treasurers need to consider how to leverage their existing resources to optimise their operation in steering toward company goals and expectations.
At PwC, our Corporate Treasury Solutions is a dedicated team of treasury, financial risk, accounting and system specialists who address your individual challenges, opportunities and perspective with a customised approach to the following treasury value chain:
Design and implementation of framework(s) for corporate treasury functions, including policies, strategies, planning, budgeting, processes and methodologies. This also includes the reviewing, benchmarking and restructuring of the treasury functions.
Cash and liquidity optimization structures, including: cash flow forecasting, cash centralization, netting and payment factories. Working capital and investment portfolio management improvement. Bank account structure optimization and bank RFPs design.
Conceptualisation and implementation of processes and methods to identify, measure, analyse, report and manage FXs, credits and interest rate risks and the overall process improvements.
Design and implementation of processes and methods to identify, measure, analyse, report and manage commodity risks (gas, power, oil, metals, coffee, wheat etc.)
Implementation of accounting and disclosure framework(s) for financial instruments (local GAAP, US GAAP and IFRS), advisory on hedging strategies and application of hedge accounting.
Pricing of financial instruments, validation of clients’ valuations, implementation of valuation models for complex contracts, measurement of hedge effectiveness.
Technology vision and strategy definition, development of functional requirements and RFPs, selection, design and implementation of treasury & commodity systems, SWIFT business cases, bureau selections and implementations.