Job Description
Job Description
1. Cash Planning and Management
• Prepare and manage daily, weekly, and monthly cash flow projections.
• Monitor cash availability for critical payments: suppliers, imports, raw materials, CAPEX, taxes, and payroll.
• Generate liquidity scenarios considering business seasonality (product launches, inventory purchases, audits, regulatory compliance, etc.).
2. Banking Management
• Manage relationships with banks, negotiate lines of credit, commissions, investments, and financial products.
• Supervise accurate bank reconciliations and ensure the integrity of transactions.
• Evaluate and propose financing alternatives, factoring, letters of credit, and hedging options.
3. Payments and Accounts Receivable
• Ensure compliance with internal policies for payment processing and efficient accounts receivable recovery.
• Review and approve strategic payments, prioritizing critical operations such as production materials or regulatory services.
• Implement controls to prevent fraud and ensure traceability. 4. Internal Control and Compliance
• Ensure adherence to applicable accounting, tax, and regulatory standards (including SOX audits, internal controls, and pharmaceutical industry corporate policies).
• Oversee the proper documentation of treasury processes.
• Ensure segregation of duties and secure management of bank access and authorizations.
5. Financial Planning and Analysis
• Provide sensitivity analyses, liquidity projections, and financial models to support decision-making.
• Participate in the preparation of the annual budget and cash flow forecast.
• Analyze variances against budget, clearly reporting findings to Management.
6. Risk Management
• Identify and mitigate financial risks: exchange rates, interest rates, international exposure, and demand fluctuations.
• Manage financial hedges or derivative instruments when applicable.
7. Leadership and Teamwork
• Lead and develop the treasury team. • Collaborate closely with Accounting, Tax, Purchasing, Supply Chain, and Regulatory departments.
• Promote a culture of control, compliance, and continuous improvement.
Qualification and Experience
Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.
Desired: Master's degree, MBA, or specialization in Finance.
Teamwork, Integrity, Leadership, Decision-making, Effective communication, Analytical skills
• 7+ years in finance, including a minimum of 3–5 years in treasury.
• Desirable experience in the pharmaceutical, manufacturing, or multinational industries (regulated industries).
• Experience with liquidity models, cash pooling, banking management, and financial risks.
• Experience with international banking, financial instruments, and risk management.
• Knowledge of SOX compliance, audits, internal controls, and global policies.