Hyva - Global Treasury Analyst

Global Treasury Analyst:

The position is based at The Netherlands. However, candidate may need to work from India for initial 6 - 12 months.

Hyva is one of the world's leading providers of innovative and highly efficient transport solutions for the commercial vehicle and environmental service industries. With over 20,000 customers and more than 40% global market share in front-end tipping cylinders, Hyva's solutions move the world. Today, after being in operation for more than 40 years, Hyva is present in 110+ countries, has more than 30 fully-owned subsidiaries, has reached extraordinary service coverage and a manufacturing base that includes 12 production facilities across China, India, Brazil and Europe.

POSITION OVERVIEW:

The Global Treasury Analyst will assist Global Tax and Treasurer and be responsible for all key Treasury areas, including liquidity management, cash and working capital management, optimization of Treasury Management System (TMS), foreign exchange risk management, treasury accounting, trade financing, bank administration and rationalization, general and credit insurance matters, and Intercompany transactions. This role will have key focus on accurate and timely submission of cash flow reports to help manage cash and liquidity planning. Ensuring best use of Treasury Management System (TMS) to reduce finance cost and improve efficiency of Group's cash management. Ensure compliance to the Treasury delegation of authority (DOA), globally, by coordinating and working with local team.

MAIN TASKS AND RESPONSIBILITIES:

Banking:

- Overseeing and maintaining bank relationships in Netherlands, annual reviews, manage the opening, closing and maintenance activities of bank accounts and signature levels, administration of banking portals/users

- Assist the team with the periodical KYC refreshes and AML compliance

- Work with local controllers to ensure compliance to internal treasury policy for bank account management.

- Identify redundant accounts and opportunities for automation and consolidation, drive and coordinate actions to minimize the cash held on local banks, rationalizing the existing bank accounts and bank relationship structure

- Reduce bank fees by continuous review of banking products and take necessary actions.

Cash Management:

- Coordinate the cash pool/repatriation initiatives globally, liaising with the stakeholders

- Responsible for optimization of Treasury Management System (TMS), ensure connections with ERP to reduce manual efforts in preparation of short-term cash flow forecast

- Subject matter expert for TMS system and provide training to the local team, where needed. Working with Kyriba team to resolve TMS issues and continuation/discontinuation of modules, as needed.

- Implement and optimize transition from notional cash pool system to physical cash pooling, In-house banking set up and intercompany loan pricing policy.

Forecasting:

- Consolidate, compile and analyze cash flow requirements, globally. This includes working with group finance team to prepare cash flow forecast for medium and long term using forecasts like budget, SBP etc.

- Analyze future borrowing needs and other requirements to optimize borrowing availability and cost

- Communicate and partner with subsidiaries, group finance and other stakeholders to better understand activities of their business area to drive improvement in forecast accuracy and timing

Foreign Exposure:

- Assist in preparation, consolidation, and analysis of routine monthly balance sheet exposures. Coordinate with local controllers to analyze monthly FX results and present to Global Tax and Treasurer and other stakeholders.

- Liaise with other teams and departments to understand and resolve variances and operational issues.

- Assist in optimization of the Balance sheet hedging program.

Reporting:

- Monitor, analyse, and report on key balance sheet account positions including cash levels and inter-company balances; support the analysis and execution of approved intercompany movements and netting activities and other treasury related reports

- Provide strategic reporting and analysis to Global Tax and Treasurer and support global Treasury initiatives

Other Activities:

- Review and approval of supplier' banking details changes globally and maintain related data, reports and KPIs

RELATIONS

Internal:

- Finance

- Regional Controllers / Directors

- HR

- ICT

- Local controllers

- Global Tax and Treasurer External:

- Auditors

- Banks

- Insurance brokers

- Investment bankers

- Software providers like Kyriba, Coprocess

POSITION REQUIREMENTS

- Educational Level: Experienced Bachelor level/ Master level (MBA) preferred. Certifications like ACT, CTP, CFA preferred.

- Professional Experience: 3 - 5 years of relevant experience in Finance and Treasury

- Leadership Level: Individual Contributor