Head of Treasury

Keen to join an international retail and distribution Group of companies, with offices outside Malta and more than 15 years of experience? We are seeking to recruit an experienced Head of Treasury who will undertake the related functions and will also manage the Group’s cash flow. 

What is expected of you?

• Review financial statements and reports meticulously, ensuring accuracy, and conduct in-depth analysis of revenue sources and expenses trends over time
• Monitor cash flow forecasts diligently, maintaining sufficient cash reserves to meet the company's obligations promptly
• Assess the financing position of the Group for project implementation and provide valuable advice to relevant counterparts
• Manage foreign currency exposure and payments efficiently
• Analyze various scenarios and potential risks, delivering comprehensive reports to senior management
• Forecast medium and long-term funding and hedging requirements (if applicable) to support strategic financial planning
• Take care of daily cash management and debt facilities management
• Monitor foreign exchange and interest rate risk management, develop risk mitigation strategies, and report findings to senior management
• Contribute to the preparation of budgets for different organizational departments, incorporating capital expenditures and operating costs based on projected revenue
• Maintain and manage the Group's bank relationships, ensuring smooth financial interaction
• Monitor and manage the Group's liquidity position and financial covenants to uphold financial stability
• Collaborate on feasibility studies to ensure adequate liquidity for planned initiatives
• Coordinate with external investment managers to determine the optimal allocation of funds across various asset classes
• Make strategic decisions regarding cash reserves to address unforeseen expenses and income fluctuations
• Develop and implement treasury policies and procedures, ensuring all financial activities adhere to company standards
• Prepare comprehensive reports for management and the board, providing valuable insights into financial performance
• Collaborate closely with senior management across the organization, offering financial expertise and support
• Provide assistance during the month-end process as needed, contributing to the financial closing procedures

What are you expected to bring?

• A minimum of five years of experience working in a treasury function
• Degree in Accounting, Banking, or a related subject
• Strong understanding of accounting principles, financial markets, and financial and debt instruments
• Excellent knowledge of banking relationships and covenants
• Strong analytical skills
• The ability to work efficiently within a team as well as individually
• Strong time management skills coupled with excellent leadership abilities
• Proficient in MS Office packages, especially Word, Excel, PowerPoint, and Project

What’s in it for you?

• Competitive remuneration package
• Career development
• Flexible hours
• Hybrid working option
• Staff discount on all products
• Life insurance
• Study leave
• Work with a multinational group of companies
• Dynamic work environment
• Other benefits are offered

If you are ready to take on a new challenge, this might be the perfect role for you! Apply with us at Ceek!