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Treasury Director

LA LORRAINE BAKERY GROUP in NINOVE
time Online sinds 4 april 2024 - Vaste jobs

As our organization has grown in both scale and complexity over the last few years, we are currently strengthening and developing the Treasury Function.We would like to bring on board an enthusiastic and mature professional for the role of Group Director Treasury, reporting to the CFO of the group.

Your function
  • Manage in an international context and across all business units the group`s treasury function and ensure proper cash, liquid assets, collateral & short-term funding in the most efficient way.
  • To this purpose manage day to day relationships with banks and other fund providers in order to manage external financial debt and make optimal use of different sources of funds (bonds, bank loans, factoring, leasing, …) within the existing financing framework.
  • From time to time you will support the CFO in the refinancing negotiations of the group so that the ambitious growth plans, both organic (CAPEX - 200 m.EUR/year) and through acquisitions can be realized.
  • Advise on optimal capital structure and on funding options for all subsidiaries (interco versus third party funding/EUR versus local currency funding).
  • Develop and implement risk management policies related to FX exposure and interest rate risks and coordinate the reporting regarding risk exposures.
  • Coordinate cash flow forecasting on short and longer term for all subsidiaries and the group to avoid excessive cash balances and to minimize cost of debt.
  • Together with the shared finance service center and local accounting departments, optimize day-to-day treasury operations across the group entities, including cash disbursements, transfers, liquidity management, FX transactions.
  • Manage the interest payment schedules maturities and work closely with the accounting department to ensure proper recognition in the group financial reporting.
  • Follow the financial markets and assess the impact for LLBG.
  • Continuously monitor trends, new developments and best practices in the Treasury domain and implement/adopt if beneficial.
Your profile
  • Master`s degree in Finance.
  • At least 5 - 7 years of professional experience of which majority in either a treasury department of a multinational company (preferably front office experience) or in a banking environment.
  • Experience in financial risk management and hedging techniques.
  • Experience in optimizing treasury processes.
  • Good understanding of accounting principles (BE GAAP and IFRS), ideally familiar with hedge accounting.
  • Strong personality able to advocate his/her opinion but always open to listen and integrate new and constructive ideas from colleagues.
  • Capable of taking decisions independently and good judgement on when to escalate to top management.
  • Strong analytical skills with the ability to understand complex matters.
  • Mature and well-structured presentation skills towards senior leaders and Executive Committee.
  • Stress resistant and willing to put in the extra effort to meet deadlines.
  • English is essential, Dutch highly appreciated.
Our offer
  • You will join a growing Belgian family business active in the European bakery sector.
  • Every day, more than 5000 enthusiastic colleagues produce and sell high-quality bakery products to consumers, supermarkets a.

Treasury Director

LA LORRAINE BAKERY GROUP in NINOVE
time Online sinds 4 april 2024 - Vaste jobs

As our organization has grown in both scale and complexity over the last few years, we are currently strengthening and developing the Treasury Function.We would like to bring on board an enthusiastic and mature professional for the role of Group Director Treasury, reporting to the CFO of the group.

Your function
  • Manage in an international context and across all business units the group`s treasury function and ensure proper cash, liquid assets, collateral & short-term funding in the most efficient way.
  • To this purpose manage day to day relationships with banks and other fund providers in order to manage external financial debt and make optimal use of different sources of funds (bonds, bank loans, factoring, leasing, …) within the existing financing framework.
  • From time to time you will support the CFO in the refinancing negotiations of the group so that the ambitious growth plans, both organic (CAPEX - 200 m.EUR/year) and through acquisitions can be realized.
  • Advise on optimal capital structure and on funding options for all subsidiaries (interco versus third party funding/EUR versus local currency funding).
  • Develop and implement risk management policies related to FX exposure and interest rate risks and coordinate the reporting regarding risk exposures.
  • Coordinate cash flow forecasting on short and longer term for all subsidiaries and the group to avoid excessive cash balances and to minimize cost of debt.
  • Together with the shared finance service center and local accounting departments, optimize day-to-day treasury operations across the group entities, including cash disbursements, transfers, liquidity management, FX transactions.
  • Manage the interest payment schedules maturities and work closely with the accounting department to ensure proper recognition in the group financial reporting.
  • Follow the financial markets and assess the impact for LLBG.
  • Continuously monitor trends, new developments and best practices in the Treasury domain and implement/adopt if beneficial.
Your profile
  • Master`s degree in Finance.
  • At least 5 - 7 years of professional experience of which majority in either a treasury department of a multinational company (preferably front office experience) or in a banking environment.
  • Experience in financial risk management and hedging techniques.
  • Experience in optimizing treasury processes.
  • Good understanding of accounting principles (BE GAAP and IFRS), ideally familiar with hedge accounting.
  • Strong personality able to advocate his/her opinion but always open to listen and integrate new and constructive ideas from colleagues.
  • Capable of taking decisions independently and good judgement on when to escalate to top management.
  • Strong analytical skills with the ability to understand complex matters.
  • Mature and well-structured presentation skills towards senior leaders and Executive Committee.
  • Stress resistant and willing to put in the extra effort to meet deadlines.
  • English is essential, Dutch highly appreciated.
Our offer
  • You will join a growing Belgian family business active in the European bakery sector.
  • Every day, more than 5000 enthusiastic colleagues produce and sell high-quality bakery products to consumers, supermarkets a.

Credit and Treasury analyst

PAGE PERSONNEL in WATERLOO
time Online sinds 3 mei 2024 - Vaste jobs
  • You will be in charge of the Company treasury follow-up and customers credit control
  • In close collaboration with all members of the financial department and other Company departments

Client Details

  • Our client is a pioneer in the retail industry
  • Multinational
  • Excellent company culture
  • Flexibel employer (Homeoffice possibilities)
  • Their values: passion, creativity, sustainability, trans-alliance

Description

  1. Treasury follow-up
  • Assist the head of Controlling and CFO in overseeing efficient cash management processes, ensuring adequate liquidity at operating entity level and maximization of cash availability at corporate level.
  • Reports, and controls Company's bank wallet to optimize the contribution and support of external financial institutions (inclusive, guarantees, bank conditions, etc.).
  • Follow & arrange under CFO's instruction, the intercompany loans portfolio in conjunction with tax, with particular attention to transfer pricing.
  • Monitor Company's Foreign Exchange exposure, plan hedging and execute financial derivatives such as FX swaps and FX Forwards to mitigate financial risks to P&L and cash.
  • Ensure compliance with treasury policies and reporting requirements.
  • Ensure compliance with Shareholder's Delegation of Authority.
  • Maintain the intercompany loan portfolio and report to the CFO on the intercompany loan statement process.
  • Ensure daily recording and monitoring of the Company cash position.
  • Prepare monthly bank reconciliations and cash rolling forecasts.
  • Follow-up and report daily cash positions, make proposals to optimize cash management.
  • Prepare cash flow and working capital forecasts in partnership with business related parties (Sales, Ops & Fin) and report to Head of Controlling, CFO and Managing Director as well as Group.
  • Prepare and control netting settlements of intercompany transactions along Group rules.

  1. Customers' credit control and collection (Under Authority of the CFO)
  • Responsible for authorizing customers' credit limits and monitoring customers' collection terms and performance.
  • Authorize variations to the company standard payment terms and conditions within limits set by the credit policy.
  • Review and maintain updated data about customers' financial position including meetings with key customers on a regular basis.
  • Assess the credit worthiness of new customers.
  • Reporting of monthly number of days in receivables to Top Management.