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.

JOB DESCRIPTION –Treasury analyst  (Senior)

Mission

• The Treasury Analyst is responsible for the cash performance follow up, the securitization of the cash and the management of the treasury activities of her/his scope, manages the relations with the banks and third parties, in-charge of cash pooling within the country and liquidity management (FAR process, execution of external loans / investments in conjunction with VIB).

Responsibilities

Cash management:

• Monitor the payment cycles
• Monitor and reconciles the bank accounts
• Manage local cash pooling
• Realize bank account openings, delegation of signature in respect of Group rules and policies
• Perform liquidity management (in countries not connected to VIB cash pooling), prepare FAR, manage local financing and deposits if any under control of Valeo Internal Bank (VIB) Paris
• Control bank guarantees received from supplier and manage bank guarantees follow up
• Prepare AGA and manage bank guarantee issuance and follow up
• Manages relations with banks and third parties.
• Manage country’s Central Bank reporting and filings if any

Internal control and cash security

• Promote, explain, control Internal Control framework within his/her perimeter. Monitor and drive Internal Control improvement plans to mitigate risks

Cash reporting

• Prepare cash reporting for all cycles: MTP, budget, actual, forecast and flash
• Prepare cash flow tool by BU and LE for forecast, budget and MTP and work in interaction with BU Management controllers to calculate BU’s FCF.
• Perform analytical review of LE and Country cash performance and support BU’s in their WC and cash performance analysis
• Follow up cash optimization actions and provide end of semester best estimate
• Reconciliation of direct and indirect cash flow statement

Working capital optimization:

• Optimize DPO and DSO,
• Follow up external and internal customer overdue on a weekly basis, report to management and ensure timely resolution
• Provide analytical review of other WC variation
• Check daily SCF uploads on bank platform

Hedging: 

• Review ZDKS report and enter necessary BS hedging adjustments in VIB system web portal
• Manage FX and commodity hedging locally (for countries not connected to the VIB) under VIB supervision

Bank relationship: 

• Participate in the creation of cross-border sweep with VIB (if any)
• Implement and follow financing and deposits as required or validated by VIB
• Have bank documentation signed by local Legal representative once documentation is formally validated by VIB

Support new entities integration and legal reorganization

Contribute to Group Ethics & Compliance program by applying and respecting code of Ethics and Valeo’s policies.

Job:

Treasury Director/Manager/Leader

Organization:

SSC Accounting

Schedule:

Full time

Employee Status:

Regular

Job Type:

Permanent contract

Job Posting Date:

2024-08-28

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