Job Summary
You will be part of an experienced team and will report to the Team Lead Cash Management - Corporate.
You will be responsible for overseeing the company’s cash flow, ensuring sufficient liquidity for operations, optimizing the centralisation of cash resources including performing cash repatriation processes. This role involves managing daily cash transactions, daily cash positioning, forecasting cash requirements, performing In House bank and cash pooling related activities, management reporting and maintaining relationships with internal and external stakeholders.
You will play a key role in ongoing transformation projects and process redesign areas, inclusive of control identification, creation and testing together with design and implementation activities for process improvement initiatives.
You will be proactive, hands-on and seek to add value and insights into an area of the business that is evolving and is of strategic importance.
Due to the continuous growth and evolution of the organization, the tasks and duties of this role will evolve over time. You will be keen to develop and grow within the role and challenge yourself to take on additional projects and responsibilities as required.
Tasks & Responsibilities
- Manage the day to day cash management operations in accordance with controls frameworks to include, cash concentration activities, payment initiation and settlements, money market investments and redemptions, account funding, and management reporting;
- Manage day to day In house bank operations, monitoring, resolving issues and performing ad hoc areas of analysis as required, ensuring tasks are performed in accordance with controls frameworks;
- Develop with our data analytics and financial systems team short term cashflow forecasts, and associated reporting for the corporate business unit;
- Operate, monitor and improve short term developed forecasts, tracking forecasted results versus actuals, providing insights and rationale for key variances;
- Perform ad-hoc projects, tasks and analysis to help support decisions, resolve issues or support other business needs related to cash management activities;
- Drive, execute and improve weekly / monthly KPI and cash management reporting to leadership team;
- Drive operational excellence across all areas of direct ownership and develop internal controls as required, process documentation and desktop procedures related to your assigned areas of responsibility;
- Monitoring of working capital balances to ensure adequate and appropriate cash levels are held in applicable currencies to support operational needs for relevant entities;
- Support a continuous improvement program through identifying issues, working with key internal stakeholders to include our Fintech unit and other finance functions to improve E2E process through both process and system enhancements;
- Develop relationships across the business to be a trusted business partner and problem solver on cash management issues;
- Support critical system implementation projects and lead / drive discussions with Treasury and project stakeholders to ensure best in class end to end cash management and reporting solutions are enabled in SAP S/4 HANA;
- Act as subject matter expert across various cash management projects to include expansion and/ or restructuring of Global Cash and Liquidity Management solutions (Notional Pooling / Local pooling structures), expansion and/or restructuring of In house bank;
- Act as a backup and support for Cash Managers within the Cash Management - Payments sub function and learn the specific requirements to perform recurring tasks for this sub function.
Requirements of special knowledge/skills
- Master degree (or Bachelor + Specialized Relevant Financediploma)
- 5+ years working experience within large corporate treasury and cash management with specific experience in relation to corporate cash management, liquidity management, Foreign Exchange Management, In house bank, implementing operational process improvements and the development of supporting control frameworks. The ideal candidate will have a strong background in finance, excellent analytical skills and the ability to work in a fast paced environment
- Master degree in Finance or Economics or applicable field
- Demonstrated direct experience in Treasury Cash Management and preferably experience of performing a similar role for a large corporate or Financial Institution
- Designation as a certified Cash Manager or Certified Treasury Professional is a plus
- Direct experience with SAP is a must
- Knowledge and demonstrated technical and practical understanding of In house bank operations, swift connectivity, MT messages
- Ability to demonstrate strong project management skills and to manage multiple competing priorities simultaneously while driving assigned projects to completion
- Team player and proven ability to work under pressure and to strict deadlines
- Ability to interpret management requirements and act on them under your own initiative working autonomously to deliver across your assigned areas of responsibilities
- Strong excel and analytical skills
- Critical thinking and ability to lead difficult conversations with external and internal stakeholders
- Excellent English speaker with strong communication skills, able to adapt style and approach in order to work effectively with internal and external stakeholders at all levels of seniority
- Experience and comfortable dealing, presenting and communicating with senior management
- Strong interpersonal skills, flexible and a positive attitude
- Ability to work collaboratively as part of a team and across multiple internal stakeholders (Legal, Tax, Corporate, Payments and Local Accounting teams) to deliver successful project outcomes
- Able to demonstrate relentless tenacity to drive business objectives and deliver results
Pre-Employment Screening
If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. Depending on the vacancy and applicable law, a pre-employment screening may include employment history, education and other information (such as media information) that may be necessary for determining your qualifications and suitability for the position.
