Head of Treasury Operations
The Head of Treasury Operations is directly responsible for the day to day operational treasury activities undertaken for the company. This position has day to day management responsibility for all treasury staff in Treasury Operation including, motivation of staff ensuring low staff turnover, good team spirit and high morale. The position should also ensure the cross training of staff to manage absences in Operational Treasury and provide comprehensive support for the VP Treasury.
Key Responsibilities of the role
Responsible for the operations and development of the Operational Treasury function.
The position is responsible for:
• The strategic management of the group’s cash and liquidity, including cash concentration and banking structures
• Management of in-house bank accounts, balances and payment factory activities
• Operational bank relationship management
• Liaising with Group planning to identify, report, mitigate and document operational FX, commodity and interest rate risks (short and long term)
• Responsible all aspects of treasury related accounting / financial reporting
• Document, refine and maintain Treasury policies and procedure manuals and maintain treasury management systems (quantum and Trax)
• Treasury related reporting (including forecasting) to / from treasury and within treasury
• Responsible for the management and operation of various financing and holding companies as agreed with Group Tax / Legal.
• Integration of new/existing business units into operational treasury and into financing structures
• Follow-up, analyse and interpret short term financial markets and provide the necessary guidance to Group management as required.
• Together with other financial controllers and the Head of Corporate Finance implement a proper segregation of duties and ensure that an appropriate controls framework is in place
• Working closely with the Head of Corporate Finance and local financial management to ensure that the short-term treasury needs of all businesses are met.
• Mentor and develop treasury team members
• Assist the VP Treasury in any ad hoc projects as required
Qualifications, Certifications and Experience
• Academic Qualifications
• A finance or finance related degree
• MBA, CFA
Specialist / Technical Certifications
• Treasury related qualifications
Relevant Experience Required
• Bachelor’s Degree in Accounting, Finance, or Economics or equivalent work experience
• 5 – 10 years of progressively responsible experience in treasury or cash management operations, including experience of international treasury management.
• Personnel management experience, with strong personal and professional integrity. Team Player – specifically non-hierarchal.
• Subject Matter Expert in domestic and international treasury and banking concepts, cash management forecasting and practices, and banking products and service.
• Practical experience and understanding of foreign currency markets, hedging, and exchange.
• Intermediate knowledge of accounting and finance principles, with the ability to apply concepts within a treasury context.
• An experienced business partner who is able to effectively manage stakeholders and problem solve, with strong customer service skills: Manage internal customer relationships through a competent, technically able, ‘can do’ service approach ensuring agreed service levels are maintained
• Excellent people management, communication, and organizational skills.
• Should have worked in a dynamic corporate environment before and be comfortable with a flexible environment.
• Should have experience with budgeting and forecasting.
Apply to : firstname.lastname@example.org