Job Title:  TREASURY MANAGER

The Treasury Manager will oversee daily treasury operations and ensure effective liquidity management, financial reporting, and compliance. This role requires a detail-oriented professional with strong analytical skills and experience in managing cash flow, foreign currency balances, and banking relationships. The Treasury Manager will work closely with various departments, including tax, to support the company’s financial stability and growth. 

Key Responsibilities: 

Treasury Operations: 

• Supervise daily cash management activities: Oversee the monitoring of cash positions, initiation of wire transfers, and management of bank accounts. 

• Manage foreign currency bank accounts: Oversee the balancing of accounts and coordination of transfers to the cash pooling system, in collaboration with foreign group entities and Angelini Industries. 

• Review and refine cash flow forecasts: Conduct variance analysis to support strategic liquidity planning. 

• Ensure accuracy in payments and receipts processing: Oversee the processing to maintain timeliness and accuracy. 

• Oversee bank reconciliations: Ensure discrepancies are resolved promptly and accurately. 

Financial Reporting and Compliance: 

• Oversee the preparation of treasury reports: Ensure the production of monthly, quarterly, and annual reports for management review. 

• Manage cash pooling relationships: Facilitate effective communication with Angelini Industries regarding treasury and financing matters. 

• Ensure compliance with internal controls: Maintain accurate records of all treasury transactions and ensure adherence to company policies. 

• Collaborate with the tax department: Oversee reporting activities related to publicly financed projects. 

• Support the audit process: Provide oversight and ensure necessary documentation and responses to auditor inquiries. 

Debt Management: 

• Monitor and manage corporate debt: Track and report on outstanding debt obligations and develop strategies for optimization. 

• Implement and refine debt strategies: Optimize the company’s capital structure and manage refinancing activities. 

• Ensure timely debt servicing: Oversee the coordination of payments of principal and interest. 

• Negotiate debt agreements: Lead negotiations with financial institutions to secure favorable terms and conditions. 

Bank and Financial Institution Relations: 

• Maintain banking relationships: Ensure smooth operation and strategic alignment of banking services. 

• Negotiate banking terms: Lead efforts to secure favorable terms and conditions. 

• Coordinate with banks: Resolve any high-level transaction or account-related issues. 

Risk Management: 

• Monitor and manage financial risks: Oversee the management of foreign exchange exposures and other financial risks. 

• Implement hedging strategies: Develop and oversee strategies to mitigate financial risks. 

• Ensure regulatory compliance: Oversee adherence to company policies and regulatory requirements regarding treasury operations. 

Process Improvement: 

• Drive process enhancements: Identify and implement process improvements to increase efficiency and effectiveness in treasury operations. 

• Stay updated: Continuously monitor best practices and emerging trends in treasury management to keep the company at the forefront. 

Candidate Profile: 

• Bachelor’s degree in finance, accounting, business administration, or a related field. 

• At least 5-8 years of experience in a treasury or finance-related role. 

• Experience in the pharmaceutical or healthcare industry is a plus. 

• Fluent in written and spoken English. 

Angelini Pharma is an equal Opportunity Employer.

We believe that diversity is a huge value that contributes to individual and company success.

We are committed to create a diverse and inclusive environment.