Head of Treasury

The Head of Treasury will be responsible for supporting and executing the company’s treasury strategy at a local level, ensuring effective liquidity management, strong banking relationships, and robust financial risk control. The position plays a key role in safeguarding the company’s financial stability while enabling operational efficiency and strategic growth.

• Support the execution and continuous improvement of the corporate Treasury strategy, policies, and procedures.

• Manage and maintain relationships with local banking partners in close coordination with the Corporate Treasury team.

• Oversee working capital requirements and closely monitor both financial and operational cash flows.

• Develop and maintain the local Annual Treasury Policy, including approved bank accounts, financial institutions, authorization matrices, debt, investments, and foreign exchange activities.

• Lead daily cash positioning, forecasting, and liquidity planning to ensure sufficient funding for operations.

• Prepare and maintain cash flow and balance sheet forecasts on a monthly, annual, and multi-year basis.

• Partner with the Enterprise Services Organization to ensure accurate, timely payment processing and proper accounting of treasury transactions, including exception management.

• Manage intercompany loans, netting processes, and settlement activities.

• Oversee bank account administration and bank signatory management, including coordination with internal stakeholders and external banks.

• Administer bank portals, including user access, approval limits, and security controls.

• Monitor and manage outstanding bank guarantees and trade letters of credit.

• Manage and optimize available credit facilities and credit lines.

• Execute short-term investment activities in periods of excess liquidity, in line with treasury policy.

• Develop and execute foreign currency hedging strategies to mitigate FX exposure.

• Identify, assess, and manage financial risks related to interest rates, foreign exchange, and liquidity.

• Review and approve hedge documentation in compliance with internal controls and accounting standards.

• Utilize treasury reports and systems to process, record, and report debt and investment transactions, as well as to measure interest rate and FX risk exposure.

• Act as payment approver within banking platforms, ensuring compliance with authorization policies.

• Oversee retirement plan and cash/savings fund management from a cash management and performance monitoring perspective.