|Location:||Birmingham, West Midlands|
|Contact Name:||Paul Lathbury|
|Job Published:||February 06, 2020 15:20|
My client is a company who executes engineering, procurement and construction (EPC) projects for electrical substations.
We are looking for a hands-on candidate, with a holistic view of the daily treasury activities, capable of handling the data and supporting the operations, but with enough experience to oversee and analyse the overall situation at the global level and interact with Senior Management.
*Overall responsibility of all cash related matters within the company and its subsidiaries.
*Lead the cash management reporting cycle, including budget, month-end, estimates, quarter-end, and quarterly forecasting exercises;
*Daily cash management activities. Pooling of funds within Holdco, transfer of cash across the legal entities, in different currencies. Define the investment strategy of excess liquidities
*Training, coaching, at the project and divisional levels, around cash flow forecast. Support the implementation of tools and templates such as the Project Status report (PSR) and the monthly liquidity files.
*Manage revolving Credit Facility and loans with the shareholders
*Secure and oversee external credit facilities for some of the company's subsidiaries
*Lead the entire hedging strategy and management (FX and commodities) - at project and consolidated levels
*Involvement, from the bid stage to project completion, by issuing recommendations to the bids and tendering and business controlling teams, to reduce FX exposure and risk
*Support the 4 Hubs in the request and issuance of bank guarantees (Bids, Advance, Performance, Retention, warranty bonds).
*Work with SNCL Corporate treasury, and analyse and review the requirements for letters of credit, letters of guarantee and payment terms under various bid and contractual documents, underline the related risks and make comments and recommendations to mitigate such risks
*Support the bids and tendering teams in performing credit analysis on potential clients
*Bank accounts administration for a dozen countries, in multiple currencies.
You will have a strong background of treasury management in an engineering and construction (E&C) and or EPC business project environment.
A Bachelor's degree in Accounting or Finance. CPA or CFA title is an asset as will experience of working with SAP ERP or Oracle ERP.
Your relevant work experience of working in financial reporting and FP&A and understanding of the relevant IFRS accounting rules for construction contracts and financial instruments will be key to your success in the role
Fluent in English is a must, and (Swiss) German an asset.
Key Skills: Treasury management, Financial Planning, Financial Analysis, Engineering and Construction, EPC
Treasurer - Treasury Management
Birmingham in UK or Baden in Switzerland or Vasteras in Sweden
Salary competitive DOE
Electus Recruitment Solutions provides specialist engineering and technical recruitment solutions to a number of high technology industries. We thank you for your interest in this vacancy. If you don't hear from us within 7 working days please presume your application has been unsuccessful on this occasion. You are of course free to resubmit your CV/details in the future and we shall assess your suitability at that time.
This role is a permanent position
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