Senior Assistant Treasurer- Temporary

Description:

Key Responsibilities

Cash flow management

• Ownership of end-to-end cash forecasting process, including alignment with business plans, budgets, and strategic initiatives.
• Drive forecast accuracy improvements and root-cause analysis of variances in collaboration with FP&A and local finance teams.
• Active involvement in working capital optimization initiatives (AR, AP, inventory) together with Operations and Procurement.
• Management and oversight of the Group’s global cash flows at both headquarters and country levels.
• Analytical/variance review of cash flow actual results vs forecasts and plans
• Preparation and monitoring of short, medium, and long-term cash flow forecasts.
• Manage the group’s direct and indirect cash flow.

Global Cash Management & Intercompany

• Define and maintain global cash management policies and procedures.

·      act as a central point of escalation for cash-related issues in subsidiaries.

·      Lead training and guidance for local finance teams on treasury standards and best practices.

• Optimization of the group’s cash management, centralized in Israel.
• Define cash behavior and working capital needs in each country and enforce cash surplus transfers policy.
• Explore and develop cash management practices such as cash pooling.

Global debt management

·      Support the Treasurer in capital structure analysis and liquidity planning, including scenario and stress testing.

·      Analyze cost of debt, refinancing risks, and covenant headroom, and present insights to senior management.

• Analysis of the debt structure and its alignment with the business needs, liquidity aspects and finance stability.
• Identify risks and opportunities in the debt structure, duration, debt mix between short term and long term and provide recommendations.
• Manage day to day debt aspects such as amortization and interest schedule, covenants, compliance with loan agreements and correspondences with the banks.
• Full involvement and Support in debt raising, renewals and discussions with banks and other financing institutions by collecting data, supporting questions and analysis required by the lenders.

·      Support treasury aspects of M&A, dividends, and other corporate actions.

Hedging

·      Support hedging strategy execution, monitoring hedge effectiveness and compliance with treasury policy.

·      Coordinate with accounting on hedge documentation and accounting treatment (IFRS).

Reports and reporting packages

·      Prepare board-level and executive treasury materials, with clear messaging and business insights

·      Ownership of all treasury reports, presentations, and periodic deck to be maintained regularly.

·      Prepare and manage reports and reporting packages to management, including monthly reporting, quarterly and annual reports, AOP, and treasury special presentations.

·      Ad-Hoc analysis and presentations

Qualifications

• BA degree in Finance, Economics, or Accounting- Must, MBA in the same fields- Advantage
• Proven experience of at least 5 years in treasury departments in global and multi- currency corporates - Mandatory
• Proven experience in cash flow and debt management- Mandatory
• Hands-on experience with SAP (or similar ERP) and treasury systems (JDOX)- Mandatory
• Excel – advanced (pivot, complex formulas, modeling)
• Fluency in English

Skills & Personal Attributes

• Strong analytical, data-oriented, and systems mindset
• Solid understanding of cash and cash flow management and debt management in companies with extensive debt and complicated cash flow aspects.
• Strong presentation skills.
• High level of commitment, with the ability to manage workload peaks and ad-hoc assignments
• Ability to work across regions without direct authority
• Strong team player with effective collaboration and communication skills
• High integrity and professional judgment.