Finance and Economics Management & Business Others Other Science and Tech
July 7, 2018
Treasury Analyst, Fulltime
AkzoNobel Specialty Chemicals (SC) provides a wide range of high quality and sustainable ingredients that are integral to numerous key industrial processes worldwide. Thus we serve high profile customers in sectors including paints, detergents, foods, plastics, cosmetics, construction, pulp and paper, pharmaceuticals, electronics, agro and oilfield applications.
As a leading global organization we operate a sophisticated Treasury function that maintains good access to the financial markets and bank relations, while performing central financial risk management and acting as a center of expertise for the company.
Within this context, your mission in this role is to support the Treasury Team through daily dealing operations designed to hedge financial exposures, and to manage the cash management in Euro and foreign currencies.
Is this a challenge that matches your profile as a collaborative team player with a service oriented mind-set who can support colleagues and engage a team of professionals? Have you gained valuable first-hand experience of working with Finance and Treasury management systems including SAP Treasury? Can you maintain a methodical and structured approach in high impact situations? Above all, can you make a real difference within our dynamic, multinational and multicultural business environment?
If you offer all this and more, we invite you to apply for the position of
The role and its responsibilities
This is a demanding and high profile position based at our Global Center in Amsterdam, the Netherlands.
The role involves high levels of complexity deriving from the application of technical Treasury knowledge to a diverse and dynamic business environment within a large and global organization. After the training period for systems, organization and financial risk management, you will assume a high level of autonomy and responsibility.
Thus you are responsible for a number of activities:
Global Treasury function decision-making
You centralize information from the global organization in terms of any potential financial risk, maintaining solid decision-making platforms and data sets for in-depth risk management analysis. This requires ongoing contact with Business Treasury global hubs, Operations, and Business Controllers.
You support the liquidity process including arbitrages between bank accounts and currencies. You also execute short-term funding and investment decisions, ensuring that all financial market activities are executed in compliance with the AkzoNobel Specialty Chemicals policies and risk framework.
Central Cash Management and FX Risk Management
You trade existing FX positions as aggregated through the Treasury Management Systems (TMS) into the market. This includes executing FX Swaps to hedge cash surplus or cash needs in foreign currencies.
You also execute the FX risk management process in TMS in order to minimize exposure in different currencies. This involves hedging with FX Spot and Forwards in order to respect FX limit exposure and counterparty limits.
Center of expertise
You stay abreast of Treasury market developments (instruments, counterparties, pricing, and trends) by consolidating market intelligence and participating in external networks and events. You also review market data to assess the impact on the Groups portfolio and resultant financial risks.
Further, you support the Director Financial Markets, Treasury Team and Businesses with timely and effective market advice, and provide trading reports, financial market analysis, and big data analysis to the Financial Markets Team.
Across all these activities you ensure all financial market activities are executed in compliance with AkzoNobel Specialty Chemicals Groups Treasury and Risk Management Policies.
July 19, 2018
Treasury & Insurance
Full time/part time
Job requirements/Candidate profile
To apply for this position you must possess all the following attributes:
A relevant university qualification involving advanced numeracy and analytical skills;
Knowledge of international financial risk management (currency, cash management) products and accounting, and the related markets and electronic platforms;
Knowledge of SAP Treasury;
Natural ability to work in a disciplined fashion, in line with policies and procedures;
Ideally you have experience of Excel data analytics tools and with dealing FX and MM instruments;
Eager to learn and grow within our international matrix organization;
Sensitive and effective communication skills including fluent written and spoken English.
What does AkzoNobel Specialty Chemicals offer you?
If you share our values and ambitions, we offer a fascinating international environment that rewards your skills and enthusiasm. Our employment package comprises a competitive salary, over 40 vacation days and an attractive bonus scheme. Training opportunities and internal networks enable valuable personal and professional development. And through challenging projects with like-minded people, you will help us become first choice for our customers, shareholders and employees, all over the world.
For further information, please contact Atif Bouali, Talent Resourcing Partner, +31 (0)88 010 6789, option 3. Only online applications will be accepted, please go to the vacancy section of www.akzonobel.com/careers, reference 180002P0 or use the apply link.
A pre-employment screening may form part of the application process.