LafargeHolcim

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Cash Manager

Cash Manager

Job Code 
Cash Manager 2018
Country 
Switzerland
Function 
Finance
City 
Rapperswil-Jona
# of Openings 
1
Posted Date 
4/9/2018

More information about this job

Overview

In the frame of the Group Treasury Policy, the Cash Manager oversees the management and the

optimization of global cash resources and ensures appropriate liquidity in particular within the multi-

currency cash-pooling structure.

 

The Cash Manager reports to Head Cash Management and contributes to short term liquidity

optimization of the Group.

 

The Cash Manager implements, maintains and develops the most efficient relevant cash

management structures within the Group, in particular, through the multicurrency cross-border

Cash-Pooling (Group Cash-Pooling). In addition, the Cash Manager supports the implementation of

local cash-management optimization setup for countries which cannot join the Group Cash-Pooling

because of local regulations.

The Cash Manager executes daily financing deals for the Group Cash-Pooling on financial markets

mainly through short term credit facilities.

The Cash Manager interacts with bank relationship managers.

Key challenges are:

- anticipation of short term (daily) and long term financing needs

from operational entities which affect Group liquidity,

- monitoring of bank charges,

- overview of bank, treasury and FX regulations wherever the Group operates.

Key objectives:

- mobilize short term financing resources at any time in a secure and optimized manner at

minimum cost,

- contribute to bank charges optimization.

Responsibilities

In the frame of the Group Treasury Policy, the Cash Manager is accountable for:

  • Daily treasury position management
    • Establish and ensure reliability of the daily treasury position
    • Fund cash-pool participants on a daily basis
    • Prepare and organize daily / weekly / monthly cash forecasting activities.
  • Multi-currency cash pooling
    • Develop the multi-currency cash pooling,
    • Improve cash-pooling processes.
  • Intragroup loan/borrowing portfolio
    • Manage the intra-group loan / borrowing portfolio,
    • Manage cash-flows and related FX deals when necessary with the risk management team.
  • Other
    • Execute fund transactions and analyze / report cash operation activities,
    • Assist subsidiaries in setting local cash pooling, launching bank tender on cash management,
    • Deploy Group Treasury Policy, Standard Business Processes, Tools (Treasury System) and best practices within the Group,
    • Coordinate cash management activities with Holdings
    • Work closely with FX desk on FX transactions related to funding and financing activities.

Education/Qualifications

Master’s degree in finance, accounting or a related field, or an equivalent combination of

relevant education and experience required.

Experience

Minimum three years experience in cash management, treasury operations, and/or finance

preferred.

Knowledge & Skills

  • Technical / functional skills:
    • In-depth knowledge of and experience with cash pooling methods, zero cash balance treasury, global banking services/products/systems, cash forecasting, FX, tax benefits, accounting concepts, etc. in a multi-national and multiple entity environment.
    • Treasury management systems, bank cash management and ERP systems, Bloomberg (or similar), Google Tools, MS Word, Excel, PowerPoint.
  • Behavioural competencies:
    • Ethics and rigor are key to this position.
    • Curious, open minded.

Language Requirements

Fluent in English. German and French would be an advantage.

Travel Requirements

Very limited.