LafargeHolcim

  • Cash Manager

    Posted Date 2 weeks ago(8/2/2018 3:35 AM)
    Job Code
    DJOB
    Country
    Switzerland
    Function
    Finance
    City
    Rapperswil-Jona
    # of Openings
    1
  • 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 or 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

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