LafargeHolcim at a glance As the new leader in the building materials industry, LafargeHolcim has the assets necessary to address the challenges of a new world. With a local presence in 90 countries, the most innovative cement, concrete, and aggregates solutions to meet our customers' needs, and a commitment to health, safety, and sustainability, we have the most efficient business model and the best performing operating models and teams.
About your role 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.
mobilize short term financing resources at any time in a secure and optimized manner at minimum cost,
contribute to bank charges optimization.
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.
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.
Minimum three years experience in cash management, treasury operations, and/or finance preferred.
Knowledge & 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.
Ethics and rigor are key to this position.
Curious, open minded.
Fluent in English. German and French would be an advantage.
More about LafargeHolcim For more information please visit our website.