Associate Treasury Director Europe

The organisation

Our client is a global pharmaceutical lead and the world’s largest medicines producer and focused on improving health and increasing the health solutions worldwide. This company is active in more than 70 countries all over the world. 

The position

As an Associate Director, you will be part of the European Treasury team. In this position, you will be responsible for all areas of treasury operation of the company affiliated to Belgium, Denmark, Finland, Iceland, the Netherlands, Norway and Sweden. You will develop broad relationship with necessary stakeholders in each country from all relevant business segments (Commercial / TAPI / TGO / R&D) as well as FSSC in Zagreb.

Tasks & responsibilities

The Associate Director must have excellent knowledge in treasury operations, banking relations, financing, and ERP systems. You must also demonstrate strong proven business partnership skills and business acumen. The ability to create solid relationships across many areas of the business and finance (local, regional and global) are also required. Responsible for managing and analyzing the daily treasury operations activity for the assigned Countries, Manage banking relationship of club banks in each country, Supports treasury and cash management operations and helps develop strategies to maximize efficiencies, safeguard assets and minimize costs, Provide support to CFO´s in all business related topics where Treasury is involved, Implement and ensure compliance with all relevant Treasury Policies and guidelines, Supports existing Working Capital programs and new initiatives. Member of the Local Country Credit Committee interacting with GM + CFO + Credit Department and Commercial. Supervision and analysis of Cash Forecasting Process. Conducts research into variances, determines and reports detailed variance analysis, Ongoing interaction with FSSC Leads and Team Supervisors (AR/GL & AP) Manage approved operational target cash balance for each unit, transfers excess cash and requests funding to/from the In-House Bank of the company, Take lead on issuance of 3rd party guarantees when needed, Monitors and reports financial to support mitigation plans, Coordinate with Regional Treasury FX exposure in case of Foreign Currency Payments, Trends Analysis & KPIs monitoring (DSO + DPO), Ensure timely answers to other departments and stakeholders Treasury Governance for Dutch bond companies.

Candidate profile

Degree in Business/Economics, Finance, Accounting as a minimum 5+ years of Treasury experience in in a public company or Banking institution is required, Experience in a treasury or finance role of a pharmaceutical company with significant European presence is strongly preferred, especially in large companies (over $5B in revenues), CTP/ACT certification desirable, Solid understanding of Treasury best practices, Experience working in complex, multi-national and multi-cultural environments, Ability to work in a team environment, Understanding of financial analysis and statistics, Detail Oriented, Managerial skills, Experience with ERP, specifically SAP and Oracle, Highly proficient in Microsoft Office and Windows applications, Proficiency in Treasury systems, and specifically Quantum, would be an advantage, Outstanding verbal and written communication skills, and excellent interpersonal skills, are essential, High degree of personal integrity and sensitivity to confidential information Able to handle pressure/deadlines, Fluent in English, additional languages would be an advantage.

Interested?

You can apply to this position by using the link below.