Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized as one of the largest global innovative companies.

Ready to tackle the challenges of the vehicle of the future?  Join Valeo and its teams and take part in the automotive electrification, autonomous driving and connectivity revolutions around the world!

Your challenge ?

• As a Group Workding Capital Manager, you lead actions that improve working capital in the Group. Your main focus is on the supply chain payment cycle and on the order to cash cycle with customers.
• You target the improvement of the main Working Capital indicators, Days Sales Outstanding (DSO), external overdues, Days Payable Outstanding (DPO), Other Activity Working Capital, and Investment Working Capital.
• You follow internal and external overdue reduction and monitor execution of the reduction plan
• You interface principally internally with Group Customer Directors, with Division Financial Directors, with National Financial Directors, with Information System Finance experts and externally with Customers and their Supply chain finance bank to implement Customer programs.
• You are coordinating and implementing actions regarding customer discounting actions, including engagement with the Sites, and banks
• You support the definition of KPI consistent with disclosure requirements (Corporate sustainability reporting Directive)
• You interface with the Supply chain finance program manager, National Purchasing Directors or Coordinators, Group Commodity and Segment Directors and Division Purchasing Directors and Supply chain finance Procure to Pay Leaders

Your responsibilities ?

• You prepare and present analytical review of actual Working Capital (Group, Divisions, Country)
• You calculate DSO/ DPO evolution scenario based on MTP
• You support optimization of DSO, by monitoring overdues and customer payment terms and leading both short term and medium term action plans to improve these indicators,
• You identify working capital best practices inside or outside the Group and implement new optimization solutions (including credit and cash collections tools)
• You implement customer Supply chain finance programs
• You follow credit insurance levels and manage relationship with Credit Insurance Company.
• You review standard payment terms per country, type of purchases
• You interact with Operating Treasury Reporting Team and Group Supply chain finance Program manager to improve Working Capital in the Group.
• You contribute to Group Ethics & Compliance program by applying and respecting code of Ethics and Valeo’s policies

About you…

• You are graduated from a Business School
• You are 7 to 10 years experienced in a Shared Service Center Cash manager or as Treasury manager
• You have an ability to work in Multinational environment; you are skilled in Project management and result oriented.
• You are fluent in minimum 2 languages - English mandatory

Compensation & Benefits :

• Compensation: base salary upon 12 months, based on your educational background and experience
• Presence of Social and Economic Committee (CSE): lunch vouchers, sports & cultural activities, cinema…
• Possibility to work remotely (hybrid)

Why Valeo ?

• To participate in innovative projects with our experts.
• To be part of an inclusive and multicultural company.
• For career opportunities at national or international level.
• To be a committed link in favor of green mobility.
• To find meaning in your commitment.

=> Recruitment process in several steps: first exchange with the talent acquisition specialist, interview with your future management and then with site human resources department.  We are ready, and you? 

Job:

Treasury Director/Manager/Leader

Organization:

Group Operating Cash

Schedule:

Full time

Employee Status:

Regular

Job Type:

Undefined term

Job Posting Date:

2024-09-09

Join Us !
Being part of our team, you will join:
- one of the largest global innovative companies, with more than 20,000 engineers working in Research & Development
- a multi-cultural environment that values diversity and international collaboration
- more than 100,000 colleagues in 31 countries... which make a lot of opportunity for career growth
- a business highly committed to limiting the environmental impact if its activities and ranked by Corporate Knights as the number one company in the automotive sector in terms of sustainable development

More information on Valeo: https://www.valeo.com