Group Treasury LeadWall Street English

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Role Description
The Group Treasurer manages cash and financial risks by ensuring ample liquidity is available to meet the day-to-day business obligations of the portfolio businesses as well as the Group. This role shapes the Group's long-term financial strategy and policies.
Duties and Responsibilities
- Manage and oversee accounting functions related to Treasury across the Group
1. Cash Management
- Oversee collections from sales and accounts receivable, ensuring the latter are collected on time throughout the Group
- Develop and implement processes for handling delinquent collections and writing off uncollected amounts
- Oversee processing of payroll, reimbursements and all other expenses in a timely manner throughout the Group. This includes the preparation, delivery and recording of cash or checks as well as the initiation of electronic payments
- Manage bank accounts as needed in order to deliver a seamless treasury service
- Work with vendors to extend payables when necessary. Manage these relationships professionally and delicately to ensure a high level of continued service
- Produce emergency cash and payments for unexpected and/or unbudgeted amounts
2. Liquidity Planning
- Understand the cash flow cycle of portfolio businesses and the Group in detail. This entails a thorough understanding of the timing of cash inflows and outflows
- Forecast weekly and monthly cash flows to optimize cash buffers and provide an early warning sign for potential cash shortfalls
- Ensure sufficient funds are available to cover all expenditures across the Group
- Review cash flow forecasting variances regularly and investigate discrepancies in order to improve the quality of the forecasts
- Design and implement policies and procedures to improve the visibility of cash outflows. This includes policies for purchase orders, expense reimbursement, payroll processing, cash advances project financing and other related categories
- Optimize and manage the working capital cycle to reduce the cash demands of operations and the investment needed to fund these accounts
3. Risk Management
- Design, implement and monitor appropriate controls to minimize risk and protect Group assets
- Manage currency exposure. Ensure sufficient capital in the needed currency is available when required. Limit unnecessary exposure to swings in currency rates
- Establish policies and procedures across the Group to match revenues with expenses and minimize currency risk
- Manage interest rate risk by monitoring the market and adjusting as needed to limit the negative impact of interest rate moves
- Manage cash across the Group to minimize risk, provide sustainability and maximize returns
- Keep up-to-date with financial and legal regulations that may affect company decisions or policies
4. Funding and Capital Markets
- Negotiate contract and loan terms with lenders and other financial institutions
- Develop and maintain strong relationships with bankers and lenders
- Manage cash-like instruments to ensure liquidity and increase the yield of these assets
- Work with management to optimize the capital structure. Stagger debt maturities and work to lower the cost of funds
- Arrange liquidity for strategic events such as a merger, acquisition, establishment of a fund or a divestiture