Country Treasury Manager (m/f)

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Date: 13-Sep-2022

Location: Vasteras, SE

Company: Alstom

Req ID:241546 

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Our product portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. Joining us means joining a caring, responsible, and innovative company where more than 70,000 people lead the way to greener and smarter mobility, worldwide 

Join us as a Country Treasury Manager in Vaesteras, Sweden and you will be looking at a career-defining role.

 

Your mission?

The Regional Treasury Network (NAM, LAM, APAC, MEA, Europe), including Regional Treasurers and in certain countries, Country treasurers, managers, in close cooperation with Corporate Treasury departments , and from time to time with Business Financing (PEF + Bonds and Guarantees) the various aspects of local treasury

Country treasurers support Corporate Treasury in rolling out the group processes and tools, ensuring control over cash, optimizing the affiliates balance sheet structure including working capital initiatives, dividend campaign, capitalization, central or local funding, implementing the group bank relationship policy.

 

Your key responsibilities?

 

  • Management of all local treasury matters and policies, providing advice to the Country/Region management and Corporate on treasury implication of projects and statutory issues
  • Support business at tender & project stage as need be in treasury matters, in particular coordinating with Central Project & Export Finance / Bonds & Guarantees and Front Office to prepare financing, bonding, hedging requests to be submitted to the later. Closely review & monitor with tender & project managers the project FX exposure & related hedging strategy, especially when hedged onshore.
  • Ensure that the necessary financial support is available throughout the Country/Region for the businesses and for the optimum management of the subsidiaries within the Country/Region. Monitor and report progress including completion of financial projects of major significance within the Country/Region and their impacts on the treasury
  • Implement treasury initiatives throughout the regions in accordance with sound business practices and financial standards, Company goals, objectives and profit plans
  • Ensure efficiency and adequate controls over regional treasury activities, analyse and follow up the results generated by this activity. Participate in any efforts to reduce costs and increase profits within the group risk management framework
  • Maintain regular contact and keep relationship with third parties such as financial institutions, public bodies, treasury colleagues and other member of the finance community. Maintain and keep the relationship with local special Foreign Exchange Authority or/and Financial Authority for some restricted countries
  • Remain up to date on local treasury related regulations and related banking laws and communicate changes to the treasury community if necessary
  • Ensures financing and liquidity of the entities in his / her regional scope, in close relationship with corporate treasury (Head of Subsidiary financing and whenever necessary PEF / PPP departments for specific project financing implementation) especially as far as intercompany financing, banks selection, interest rates and margins negotiation are concerned.
  • Actively participate in the bonds and guarantees local lines negotiation, drawings and reporting. Manage the local banking relationships in coordination with Corporate treasury
  • Optimizes affiliates balance sheet structure (debt / equity), in the best interest of the Group,  from a p&l and FX exposure standpoint, taking into account legal & tax environment. Ensure operational free cash flows are properly channeled to the parent company (set of cash pooling structures, annual dividend campaign..; according to the corporate policy) and monitors counterparty risk with local banks whenever necessary.
  • Actively participates in forecast accuracy measurement and improvement and in working capital optimization initiatives (both operationally – cash curve and terms of payment improvement…, - and financially – factoring, reverse factoring…-)
  • Responsible for maintaining state of the art internal control in financing and treasury activities in the countries within his / her scope (protection of means of payment, authorized signatories follow up…)
  • Measures and leverages the Global Bank relationship at regional level in coordination with Corporate Treasury and Business Financing. May be involved:
  •  in networking activities (ECAs, IFIs…) on behalf of / complementing corporate treasury.
  • In RFP processes for banking services locally or as a part of global programs.

 

Minimum qualifications:

  • approx. 2 to 10 years  professional experience as a Region / Country Treasurer position of an International Group with centralized processes 
  • Previous experience with an industrial group / or with a long term contractor with large FX exposure Good knowledge of his / her region / country from a macro economics and financial markets perspective (including regulatory framework).
  • University degree (MBA, Chartered Accountant, Chartered Financial Analyst…)
  • Fluent in English.
  • Working level in French, spoken and written, third language would be a plus
  • Knowledge about long term contracts management and accounting
  • FX risk management (derivatives, IAS 39)
  • Transactional Treasury (cash management, cash pooling, means of payment…) would be a plus
  • Audit and /or internal control, design and implementation of procedures would be a plus
  • Past experience in the Railway business would be a plus

 

Ideally:

  • Strong accounting, banking or treasury academic background,
  • Excellent analytical and organizational skills and demonstration of great attention to details
  • Transactional Treasury (cash management, cash pooling, means of payment…) would be a plus
  • Audit and /or internal control, design and implementation of procedures would be a plus
  • Past experience in the Railway business would be a plus

All internal employees must inform their Line Managers when applying.

Alstom is the leading company in the mobility sector, solving the most interesting challenges for tomorrow’s mobility. That’s why we value inquisitive and innovative people who are passionate about working together to reinvent mobility, making it smarter and more sustainable. Day after day, we are building an agile, inclusive and responsible culture, where a diverse group of people are offered opportunities to learn, grow and advance in their careers, with options across functions and geographic locations. Are you ready to join a truly international community of great people on a challenging journey with a tangible impact and purpose?  

 

Equal opportunity statement:
Alstom is an equal opportunity employer committed to creating an inclusive working environment where all our employees are encouraged to reach their full potential, and individual differences are valued and respected.  All qualified applicants are considered for employment without regard to race, colour, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected by local law. 

 


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