Loading...
Share this Job
Apply now »

CASH MANAGER

Asahi Europe & International is part of Asahi Group Holdings, a global beer, spirits, soft drinks and food group with leading positions in European and Asia-Pacific markets, listed on the Tokyo Stock Exchange, Japan. As of November 2020, Asahi Europe & International Group runs 19 production facilities in 8 countries across Europe, and is the custodian of some of the best beer brands in the world, including Asahi Super Dry, Pilsner Urquell, Peroni Nastro Azzurro, Grolsch and Kozel. Within the Asahi Group, the remit of Asahi Europe and International is also to develop and manage all export markets globally, outside of Japan and Oceania. Covering 90 markets and with over 10,000 passionate colleagues on board, the business is well positioned to inspire people around the world to drink better.

Cash Manager

 

Job characteristics

 

The Cash Manager  manage all cash, commodity and foreign exchange risk activities arising in relation to cross border exposures and brewing related commodity risk. In addition, the individual will be expected to manage regional and country cash management as well as day-to-day business liquidity requirements.

 

Attention to detail is key, along with the ability to explain complex issues in a clear manner, without the use of jargon. The individuals will be required to draw insights from financial market data and analysis of the FX and commodity markets to propose actions in order to reduce cost of goods volatility and drive business performance. Within the guideline of Group Treasury Policy, the individual will hedge the various exposures taking account of the volatility reduction versus the cost to hedge.

 

The priority for investments will be security of funds and then a review of yield opportunities.

 

Job specifics

 

1.            Manage the short-term liquidity of AEI. Critically reviewing entity cash forecasts, questioning variances, providing timely information to AGH and ensuring best use of funds

2.            Manage the FX hedging processes (cEUR650m pa), reviewing business forecasts, comparing exposures versus hedges and recommending hedging opportunities to minimize currency volatility within each business

3.            Support the management of the commodity risk management processes (cEUR85m pa portfolio), reviewing business forecast, comparing exposures versus hedges

4.            Supporting the core transaction flows for AEI in accordance with adopted policies and procedures

5.            Work with the businesses on cash forecasting accuracy and manage the liquidity/funding requirements

6.            Responsible for the groups bank counterparty risk and adherence to the policy

7.            Managing the operation of short-term funding requirements through the use of bank credit facilities and intercompany loans

8.            Production of ad-hoc as well as routine reporting and analysis for key stakeholders across the business in order to meet regulatory requirements. These stakeholders will range from Tax, Country FD and Group CFO.

 

Ideal candidate has

 

5years + experience of Front Office Treasury

ACT student preferable

Knowledge of bank relationships, foreign exchange and cash management

Knowledge of commodity risk management would be an additional benefit

An understanding of hedge accounting would be beneficial

Proven knowledge of a Treasury Management Systems (preferably IT2)

Strong excel skills.

 

What we offer

 

Company car or car allowance

Annual bonus and salary review every year

Flexible working hours

28 days off a year

Home office upon agreement with manager

Annual flexible benefits budget

Contribution to Pension plan

Budget for company products

Unique working place in the inner center of Prague

Environment of growing company

Opportunity to work for top brands within FMCG

Exposure to senior leadership from all over the globe

A culture of continuous learning including a leadership framework (according to career stage) and career development

.. and more!

 

Please send your CV in English!

Apply now »