[Hiring] Senior Treasury Manager @The Magnum Ice Cream Company

Role Description

The Treasury Manager will have opportunities to work with the local business team as well as Global Treasurer regarding strategic initiatives on cash and forex exposure management. This is a role with visibility of business processes, particularly in Finance and Treasury function interaction with various stakeholders across The Magnum Ice Cream Company and provides an excellent learning ground for the individual to strive and succeed.

Key Responsibilities:

• Forex Exposure Management:
  • Monitor and manage forex exposure and hedging activity.
  • Incorporate market insights on Forex trends into hedging decisions.
  • Continuously improve on a forecast basis of hedging and provide hedging analytics.
  • Responsible for observing Forex limits and ensuring compliance with global treasury policies.
  • Ensure all transactions are completed in accordance with the Schedule of Authorities and are properly documented.
• Liquidity Management:
  • Ensure The Magnum Ice Cream Company's financial assets are safeguarded and used efficiently.
  • Plan for short, medium and long-term cash and funding requirements.
  • Evaluate opportunities to maximize long-term returns on excess liquidity.
  • Review forecast of cash flow positions, related borrowing needs, and available funds for investment.
  • Partner with colleagues from various Business Models to drive improvements in working capital.
  • Identify opportunities for cost savings or increase returns on excess cash.
• Banking:
  • Lead and work with Regional/Global Treasury to ensure adequate facilities are available.
  • Develop and maintain effective operational network with key Banks/Financial Institutions.
  • Responsible for administering role for Bank related systems (Pearl and HSBCNet) and Payment Schedule of Authority.
  • Co-ordinate and ensure documentation in place to transact with Banks.
• Financial Accounting:
  • Ensure accurate and timely internal reporting for both statutory and internal reporting of the Treasury function.
  • Manage Cap Gemini (offshore team) for Treasury outsourced activities.
  • Review journals on Interest charges, bank charges, and other financial transactions.
  • Analyze and ensure timely completion of Treasury reports.
• Governance and Compliance:
  • Maintain policies and procedures that impose an adequate level of control over treasury operations.
  • Responsible for the Treasury Policy compliance and simplification of operations.
  • Responsible for liaising with audit teams on OCA SOX, Corporate and external audits.
  • Lead monthly reviews with Cap Gemini to ensure quality delivery of outsourced operations.

Qualifications

• Bachelor's Degree in Finance or Accountancy.
• Minimum 5 to 7 years related experience in finance or banking industry, corporate treasury, especially in FMCG and/or in a global/complex organization is preferred.
• Basic knowledge of the legal and regulatory environment as it relates to treasury activities.
• Strong financial and business acumen.
• Highly numerate with strong analytical skills.
• Working knowledge in SAP System is preferred.
• Driven by innovation and strong change affinity.
• Strong communication, negotiation and influencing skills with diverse, multi-functional stakeholders.
• An independent worker with team player spirit, hands-on and able to work under pressure.

Company Description

With 19,000 expert ice cream colleagues and iconic brands like Wall’s, Cornetto and Ben & Jerry’s, loved in 76 countries, we are the world’s largest Ice Cream company leading the industry. We have been taking pleasure seriously for more than 100 years, serving happiness with every lick or scoop of ice cream for generations.

• We are all about growth.
• We operate with speed and simplicity.
• We win together with fun.
• We boldly innovate to disrupt our industry.
• We care and challenge.
• We are experts in the Ice Cream Category.