- The mission of the Treasury COE Team members is to manage bank relationships and group compliance with the support of local CFO / teams and ensure all affiliates have enough funds to run their operations. He/she will be the direct point of contact with local CFOs, GBSand clusters for treasury matters.
He/she provides support to Corporate Finance for the ST/LT funding of the entities.
At the EAMEI / HHC GBU level, his/her role involves
- Financial Risk management responsibility for all entities in EAMEI / HHC GBU
- Funding and Financial Investment Management and Reporting
- Leading Treasury Projects for EAMEI / HHC GBU
- Leading other treasury functions at EAMEI / HHC GBU as may be assigned
- Act as a back-up for other EAMEI / HHC CoE Treasury team members for their geographical scope
For the South African Region he/she will be leading treasury matters, in line with the main contributions highlighted below, and manage bank relationships and group compliance with the support of local CFO / teams and ensure all affiliates have enough funds to run their operations. He/she provides support to Corporate Finance for the ST/LT funding of the entities.
Financial Risk management & Insurance Management
- Executes hedges within financial policy principles in line with group policy
- Manage foreign exchange coverage, validate hedging strategy both FX and interest rate.
- Manage FX exposure across the scope.
- Ensure the implementation of the KTP Web tool and FX deals reporting when local hedging is performed due to local constraints (Aim, benefits, etc).
- Define BCP with support of the entity and ALEBS to ensure the continuity of treasury activity
Cash and Liquidity Management
- Own the full process of Cash and Liquidity management with the entities and ALEBS team.
- Maintain local cash pooling structure within the r entities.
- Supervise and contribute to treasury processes: weekly cash flow forecast, monthly operational actual cash flow
- Ensure all reports related to Treasury and cash projection management are done on time
- Monitor working capital and assist affiliates in improving their DSO, DIO and DPO.
Funding and Financial Investment Management and Reporting
- Support short term, long term funding and customer financing projects.
- Ensure proper control at entity levels of bank covenants, bank loan maturing and guarantees
- Drive implementation of factoring and supply chain financing solutions when applicable
- Support and ensure the deployment of any treasury project initiated by the CoE Treasury (encrypted payments, TMS, etc).
Performance, Quality & Conformity Management
- Ensure deliverables quality
- Ensure Service Level Agreement Compliance and report any dysfunction
- Ensure to implement the process improvements
- Manage and update Treasury procedures if needed.
- Manage Treasury Internal Control Reviews across EAMEI in coordination with Group Treasury and Head of COE
- Manage financial fraud and dispute cases
Bank Relationship Management and Treasury Administration
- Manage Bank relationships with the support of Local CFOs and Head of COE.
- Manage Defined KPIs, Ensure SLA compliance and reporting to the group, clusters and local countries
- Bank Portals Administration (updating authorized signatories, banking access rights...etc.)
- Drive the reduction of the number of bank accounts across the entities, review the bank fees and decide on an action plan to reduce transaction costs.
- Schedule regular meetings with core and local banks if any to review their performance and if needed take action to improve the level of the service
- Provide information to answer queries from management & external parties jointly with Local and BSC teams
- Provide treasury information/documentations as required by banks/financial institutions
Are you a MATCH?
- Bachelor degree in Finance, Mgmt, etc. Formal qualification in treasury (or master)
- 7+ years experience in Treasury activities including Africa and /Or MEI specificity
- Understanding of financial markets, financial instruments and debt instruments / Ability to work autonomously and be part of the broader team / Appropriate handling of sensitive information
Work experience
- Treasury and cash management
- Experience in shared service center
- Experience in a multinational company desirable
Functional Skills
- Strong knowledge of Treasury activities
- Strong Knowledge of ERP (Navision, SAP, Oracle, Gideon…) and Power BI (reporting tool)
- Google Suite and TAIG
Foreign language
- English Mandatory, French is an asset
Core Competencies & Knowledge
- Finance Expertise
- Business Acumen
- Digital/Financial/ Commercial Savvy
Complementary Capabilities
- Thinking & Partnering strategically
- Influencing for Change
- Managing conflict
- Analyzing and solving problems
- Professional manner and highly organized
- Proactive & adaptable
- Proven ability to meet deadlines
- Results oriented
- Good written and verbal communication, coaching skills
- Ability to be patient and methodical when resolving problems
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