Global Head of Treasury

About ARLANXEO
Our people are the heart of our success, and your growth is paramount. We are committed to fostering an environment where professional development and personal growth go hand in hand. We do this via our Employee Value Proposition (EVP): 'Doing what matters. Together'. Our EVP reflects our commitment to attract and retain talent, which is part of our talent acquisition strategy. We offer opportunities for talents to build their careers in a company that believes in the value of a strong culture. Our EVP, ‘Doing what matters. Together’ is closely aligned with our Purpose: 'Reliable. Responsible. Rubber.' Our Purpose explains why ARLANXEO exists, and our EVP translates this to our existing employees.

Leads the corporate treasury organization, ensures development and execution of treasury strategy, policies and processes, and ensures adequate financial risk management including insurance coverage and adequate cash management to reduce funding costs and mitigate risks for all ARLANXEO Group entities.

Responsibilities:

• Functional Strategy Formation: Lead the development and implementation of the treasury strategy and financial risk management framework, anticipating complex issues, challenges, and opportunities, and ensuring integration with wider corporate strategy.
• Leadership and Direction: Communicate the treasury strategy and its relationship to ARLANXEO's mission, vision and values. Clarify the actions needed to implement it within the Group Finance department. Motivate people to commit to these and to doing extraordinary efforts to achieve the organization's business goals.
• Treasury: Responsible for group-wide cash management activities by planning and monitoring cash flows and ensuring liquidity level is maintained at an acceptable level, including cash pooling and cash flow forecasting. Manage and oversee all treasury related activities within ARLANXEO Group and ensure that all processes are in full compliance with internal and external requirements. Handle and control standards including letters of credit, letters of guarantees, bank commission, and interest calculation.
• Financial Risk Management: Manage various types of financial risks including the use of hedging strategies to reduce risks related to changes in asset values, interest rates, and foreign currency holdings. Implement sound insurance policy framework to manage operational and business risks. Manage ARLANXEO Groups credit risk exposure to suppliers, customers, and financial institutions.
• Risk Scenario Modeling: Undertake strategic and tactical risk modeling and scenario planning for business-critical decisions to support business strategy and to identify and mitigate risk in line with the risk appetite. Advise on modeling of risk scenarios to comply with the risk appetite.
• Capital Structure: Manage the capital structure of ARLANXEO Group and subsidiaries; optimizing its credit portfolio, minimizing interest costs and weighted average cost of capital, in addition to reviewing ARLANXEO Group and subsidiaries debt position and implementing plans to manage credit effectively.
• Accounting: Manage the accounting of all treasury activities across the lifetime of specific instruments, including cash flow hedge accounting according to IFRS 9.
• Information and Business Advice: Provide sound specialist guidance to the leadership team to guide the implementation of policy and the design and implementation of projects and change initiatives.
• Reporting & Analyses: Set and lead execution of the financial data and reporting plan, supervise creation of strategies and templates to report data in a meaningful way. Create, present and communicate high-impact data and financial insights and recommendations to critical internal and external stakeholders. Prepare daily cash reports, monthly bank reconciliation statements as well as ad-hoc and on-demand reports, to deliver clear and timely information about the amount of actual cash available in hand in bank accounts. Maintain ARLANXEO Group and subsidiaries’ cash records for local and foreign currencies, as well as ensuring that all transactions are reflected in the accounts correctly.
• Financial Institutions Relationship Management: Manage ARLANXEO Group and subsidiaries relationship and interactions with Banks in a comprehensive framework, covering the management of bank accounts, bank guarantees, online banking, monitoring cash and hedging transactions.
• Stakeholder Engagement: Identify and manage stakeholders up to management level, finding out respective needs/issues/concerns and reacting to these by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.

Education

University / Post Graduate (Masters Degree)

General Experience

Wide and deep experience providing expert competency in Treasury related roles for over 10 years to 15 years with preferably rounded experience across different finance related roles such as controlling and accounting.

Managerial Experience

Experience of interpreting strategy and policy in order to set and deliver objectives within medium to long time frames (Over 10 years to 15 years)

• Job Req ID: 3204
• Department: Treasury
• Hiring Manager: Mohammed Khalid Al Gonaian
• Contact Person: Miriam Wijnands
• Contact Person Contact Information: miriam.wijnands@arlanxeo.com / (31) 467 020669