Global Cash Management Lead
hace 1 semana
Job Purpose: This role leads the design, implementation, and management of global cash management structures for the business, collaborating with the Global Logistics and regional Freight Forwarding teams. The business operates with proprietary technology and a global shared service center, serving over 100 branches worldwide and generating significant revenue.
The role involves developing a treasury strategy to fund working capital needs and manage cross-border fund flows, ensuring cash availability while avoiding overcapitalization that could hinder return on capital employed (ROCE). The strategy will also address foreign exchange risk, financing sources, and provide training and governance support to regional business units.
Key Responsibilities:
- Lead the development and management of a global treasury strategy for the freight forwarding business.
- Establish a cash management structure to manage liquidity across the global network.
- Implement and improve daily treasury operations.
- Optimize cash positions to maximize return on capital employed.
- Provide guidance and training to regional finance managers on managing liquidity and currency finance.
- Oversee intergroup funding and cash settlements.
- Ensure funding structures are tax-efficient and compliant with local regulations in all operating regions.
- Manage bank guarantees and negotiate Asset-Based Lending (ABL) structures.
- Collaborate with the Head Office Treasury on foreign currency and interest rate hedging.
- Support regional funding processes within the group treasury.
- Report on cash positions, forecasts, and secure funding for shortfalls.
- Collaborate with auditors (internal and statutory).
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