VIKAS KAPOOR

Manager – Corporate Finance and Treasury

Frasers Property Australia

10.2013 - 02.2025

Company Overview: Frasers Property Australia is a diversified property group with activities across Australia
It is the Australian division of Frasers Property Limited, listed on Singapore Exchange
Oversee the company's cash/liquidity management, ~$4.5bn debt and ~$2.5bn hedge portfolio, budget forecasting, and financial reporting
Manage Group Treasury responsibilities for the Australian business, encompassing loan facility administration and stakeholder engagement with banks and financial institutions
Provide treasury related guidance to the Chief Financial Officer and Senior Executives on Corporate Finance projects, aiding in decision-making processes
Advise and execute debt financing for the company by conducting a comprehensive assessment of its financial needs (performed every 6 months), structuring the financing appropriately and conducting complete due diligence to ensure a smooth debt transaction
Provide expert guidance and execute tailored hedging and derivative transactions (over 50% of the external debt must always be hedged per the company policy, ~$2.5bn debt is always hedged) proficiently to effectively manage liquidity, cash flows, interest rates, and foreign exchange exposures
Provide detailed monthly analyses to Senior Executives and the CFO, offering insights into cash movements, budget variances and real-time liquidity status
Additionally, provide recommendations for future funding requirements
Implementation of a robust liquidity policy coupled with comprehensive stress testing measures
The aim of this endeavor is to assess the company’s capability to meet future payment obligations and liquidity requirements under various scenarios in a liquidity crunch
Oversee all aspects of corporate loan facilities, including monthly interest settlements, derivative settlements, compliance, reporting obligations, lender queries and KYC updates
Compile year-end audit requirements, including bank confirmations (over 100 active bank accounts), finance cost expenses, and derivative accounting for 20 plus derivative contracts
Developed and implemented a treasury policy and procedures to align them with the organization's guidelines and framework
Conduct quarterly assessments of the company's capability to fulfill capital expansion plans
Mitigate liquidity risk by continuously monitoring projected total cash requirements versus available cash from all sources
(Per the company policy, $200m liquid cash must always be available from all sources)
Collaborate and liaise with risk managers, providing them with current updates on capital management and other information related to risk tolerance, in accordance with company policy
Develop and implement comprehensive cash management strategies to optimize liquidity and enhance cash flow visibility for the group
Monitor and report on liquidity requirements with monthly projections for 2 quarters ahead
Leverage technology and digital platforms to improve transaction banking services, enhance user experience, and increase operational efficiency
Evaluate and mitigate risks associated with transaction banking activities (for over 100 active bank accounts and 50 plus board approved signatories), ensuring compliance with regulatory requirements and internal policies
Generate a 'cash flow projection report' utilizing the semi-annual budget
This comprehensive report will outline funding needs and provide the treasury’s recommendations on fund allocation over the next 5 years based on budget assumptions
Generate a monthly debt summary, tracking the status of all corporate loans and joint venture loans, along with a summary of 20 plus interest rate swaps
This report also includes information on syndicated loan participants and their respective shares across all loan facilities
A total of 33 plus participating banks across all loan facilities amount to ~$4.5bn
Evaluate the monthly corporate interest expense report, comparing actual interest expenses to forecasted amounts based on the current debt profile
Provide an executive summary highlighting any variances to the budget
Prepare quarterly Board Papers that encompass an executive summary focusing on funding costs, liquidity, capital management, and the hedging portfolio
Frasers Property Australia is a diversified property group with activities across Australia
It is the Australian division of Frasers Property Limited, listed on Singapore Exchange
Received ‘six’ accolades within the 'rewards and recognition' program over the past five years, acknowledging contributions to the debt financing, transaction banking and treasury payments process
Successful onboarding and implementation of Reval Treasury Management System
Played a key role in global projects aimed at enhancing efficiency in loan and payments settlements tracking processes across various regions
Led key projects related to payment system enhancements and process reengineering, achieving significant operational improvements
100% of the vendor payments are made via SAP because of this project

Operations Manager (Associate)- Clients Audit Confirmation - Confirmations & Regulatory Reporting

J.P Morgan

11.2011 - 02.2013

Oversee financial management at the site, identifying, validating, and reporting 'Risks and Opportunities' to the budget
Forecast and manage unit costs and headcount
Monitor budget impacts on a weekly/monthly basis
Collaborate closely with the Client Audit Confirmations and Currency Transaction Reporting groups to plan for capacity, certify assets, and track/report overtime
Provide support to the business unit by overseeing metrics and addressing queries related to potential risk and compliance issues
Collaborate with divisional managers to identify and address risks in the process
Conduct self-assessments and privacy reviews, monitor third-party reviews, and prepare for audits
Track and remediate privacy and confidentiality breaches

Assistant Manager - Treasury Services – Client Access

Bank of America

10.2007 - 11.2011

Implemented and maintained a comprehensive system to track monthly metrics and individual performance for team members and subject matter experts
Established a robust succession plan across multiple levels, achieving over 90% cross-training within the team
Achieved a 98.5% accuracy rate, surpassing the SLA target of 95% for compliance functions
Executed processing and posting tasks well ahead of the SLA-mandated cut-off within strict timelines, achieving 100% recruitment through referrals and over 30% diversity in a dedicated night shift process

Team Member in Small Business Banking and Team Leader in Private Client Loan Services

JPMorgan

03.2006 - 09.2007

Sr. Team Member

Accenture

04.2004 - 02.2006

Summary

Overview

Work History

Manager – Corporate Finance and Treasury

Operations Manager (Associate)- Clients Audit Confirmation - Confirmations & Regulatory Reporting

Assistant Manager - Treasury Services – Client Access

Team Member in Small Business Banking and Team Leader in Private Client Loan Services

Sr. Team Member

Education

Bachelor of Commerce - Financial Accounting, Business & Taxation

Skills

References

Systems Capability

Personal Qualifications

Timeline

Manager – Corporate Finance and Treasury

Operations Manager (Associate)- Clients Audit Confirmation - Confirmations & Regulatory Reporting

Assistant Manager - Treasury Services – Client Access

Team Member in Small Business Banking and Team Leader in Private Client Loan Services

Sr. Team Member

Bachelor of Commerce - Financial Accounting, Business & Taxation

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