Cash Manager

“A unique opportunity to join a highly dynamic team covering strategic Treasury operations matters while having fun together along the journey”

CONTEXT

In alignment with Group strategy, Richemont Group Treasury department provides best practices and expertise in treasury, risk, financial processing services & solutions to Group operations, while ensuring adherence to Group Finance governance. In addition, defines, implements, and follows up the financial strategy in close collaboration with the top management and the shareholders.

As part of this department, the Corporate Treasury team ensures that the Group’s financial assets are securely managed and minimizes the impact of FX volatility on the Group’s cash flow, ensures that Group operations are always financed appropriately and that cash management activities are appropriately managed across geographies. This team oversees the development of a Corporate Finance and strategic bank relationship framework, as well as supporting the Group on Equity and M&A fields.

Supporting the Head of Treasury Operations to develop a value added and strategic treasury function and to structure the future cash & liquidity management framework, the Cash Manager focusses on cash management functions and the administration of Treasury systems. He works closely with other Group Treasury teams and our global subsidiary network to achieve common goals in a fast-paced environment. The role has a strong external focus, working closely with our key relationship banks providing transactional banking services to us.

As a valued colleague on our team, you will perform all aspects of the day-to-day global cash management operations as well as related controls and compliance, managing Treasury back-office activities and reporting to the Head of Treasury Operations.

HOW WILL YOU MAKE AN IMPACT?

• You will monitor and forecast daily liquidity management of Group cash and global cash repatriation ensuring appropriate level of funding for multiple entities and currencies.
• You will oversee cash and liquidity management through cash flow planning and forecasting, working with markets to understand trends and ensure efficient liquidity utilization.
• You will be responsible for the management of current bank account structures, cash pool reporting and arrangements.
• You will lead an in-house bank study aimed at increasing the centralization of the Group’s liquidity by streamlining cash management processes and potential future implementation. This will involve strong interaction with external partners.
• You will work closely with front-office on executing treasury deal confirmations and settlement processes for market transactions as well as Treasury payments within defined cut-off times.
• You will monitor bank account statement integration and bank connectivity with Treasury systems to increase efficiency, controls and accuracy of information.
• You will Identify opportunities for process improvements and automation within the Cash Management function to enhance efficiency and accuracy.
• You will actively support the ongoing management and continuous improvement of our new Treasury Management System (TMS) and ensure the TMS integrates seamlessly with existing financial systems and processes.
• You will be responsible for managing relationships with banks and financial institutions, including opening and closing accounts, negotiating fees, and Know Your Customer (KYC) requirements.
• You will prepare and present detailed cash position reports to senior management, providing insights and recommendations. You will also actively support month-end reporting, data management, and IT security analysis.
• You will support ad Hoc requests as aligned with the broader Treasury team and finance teams (FP&A, Group Tax, Group Sustainability, Internal Controls, etc…)
• You will manage and develop our Senior Treasury Analyst (Back Office specialist)

HOW WILL YOU EXPERIENCE SUCESS WITH US?

You hold a relevant university degree (Finance, Corporate Finance or economics) and ideally also a recognised professional certification (e.g. ACT, CTP) with at least 8 years of professional experience in a treasury role within a multinational corporate or in a banking environment, including 3-5 years in a similar position and with people management experience. You are fluent in English and ideally also have strong French language skills. Another European language will be considered an asset.

Professional Skills & Experience :

• It is a distinct plus if you have experience working on the preparation and implementation of in-house banking structures in a multinational corporate treasury team.
• Strong knowledge of cash management, financial risk management, information systems and overall corporate treasury matters.
• Experience with Treasury Management Systems (FIS Integrity) would be an asset.
• Affinity to IT tools with advanced skills in data management and Microsoft Office tools.
• Excellent numerical and analytical skills as well as written and verbal communication skills.
• Team player with the highest level of ethics and personal responsibility/accountability.
• Strong appreciation of deadlines and related management actions
• Self-starter, motivated and fast learner.
• Genuine commitment to continuous learning and improvement

WHAT MAKES OUR GROUP DIFFERENT?

Our true power does not lie in our similarities but in the rich diversity of our arts, cultures, and human skills, as well as our specific ability to foster untapped potential.

• We value freedom, collegiality, loyalty, and solidarity.
• We foster empathy, curiosity, courage, humility, and integrity.
• We care for the world we live in.

YOUR JOURNEY WITH US:

1. If your application is selected, we will reach out to you for an informal introductory call with the Talent Acquisition Partner.

2. The next step from there would be a set of interviews including with the Hiring Manager and HR Manager.