The ASICS Treasury team is part of the global Finance team and has an important function for the business with two primary responsibilities :
1. Treasury manages the consolidated cash of the group in Europe Middle East and Africa. As part of this process daily cash management is executed and liquidity is optimized by managing sources and uses of funds.
2. Treasury executes all Foreign Exchange transactions (high value, low volume) with relationship banks as part of the financial risk management framework supporting the business best-in-class.
As a result ASICS Europe B.V. has on a daily basis an optimized cash position and due to the extensive hedging program, all foreign currency transactions are managed as part of the global governance structure.
Hoofddorp, the Netherlands
Preparation of the Groups actual cash flow report
Preparation of the liquidity and 36month cash flow forecast
Follow up with Operating Companies & corporate teams on timely delivery of cash flow forecasts
Preparation of the Actual versus Budget Funding Report
Daily cash management of the Group’s liquidity and short term debt including investing surplus cash in the money market.
Run the counterparty risk reports and report any credit changes to the Head of Treasury
Undertake daily dealing in the financial markets to manage liquidity positions
Be responsible for evaluating and implementing short-term funding and investment strategies, to ensure liquidity is maintained and to optimise interest cost / benefit
Management of the group’s credit facilities
Management of group FX facilities, ISDA documentation and related reporting, including IAS39 hedge accounting documentation and effectiveness testing.
Manage the letter of credit process on supplier and customer side
Supports the Head of Treasury in other Financial Risk Management matters and works with the A / R manager to assess customer counterparty risk
Minimum of Bachelor degree in Finance or any other related field
About 5 years of experience in Treasury within an international environment
Treasury Front Office knowledge including hedging
Good communication skills in English
Strong affinity towards working with Excel
Able to document processes and work with high accuracy, even under time pressure
Affinity with working in a Japanese culture