Group Treasury Senior Analyst (Freelance)

Your challenge

Philips Domestic Appliances business is a global leader with EUR 2.5 billion sales in very successful home products, kitchen appliances, coffee and garment care.

By joining Philips Domestic Appliances as a Group Treasury Senior Analyst you will operate in the playfield between Treasury areas, other Finance streams, IT, business and external partners, therefore this role requires not only a sound knowledge and experience within treasury processes, specifically related to payment processing & banking, but also Treasury IT systems (mainly SAP FSCM), combined with Project/Change management skills and continuous improvement mind set.

Your responsibilities 
 

• Execute E2E operational activities related to Middle Office, In-house Bank and Bank account management, including: transaction/payments processing, settlements confirmations, bank account reconciliation and reporting
• Support Front Office with effective management of cash positions to optimize investment opportunities
• Forecast cash positions and liquidity needs, supporting 13 week forecast process by partnering with various Treasury and local finance functions 
• Bank account management, including KYC/AML activities and signatory updates
• Manage claims from/to external counterparties and take necessary actions to prevent claims
• Ensuring Straight to processing rate (STP) is close to 100%
• Working with IT on unresolved/escalated system issues, support in systems implementation and user testing especially with regards to the new SAP implementation for DA
• Ensure internal controls are executed in a complete/accurate manner respecting all deadlines and compliance with regulatory requirements
• Resolve operational queries and escalations when process/operational issues arise
• Support internal and external customers/counterparties as part of centre of expertise related to Treasury operational processes 
• Work closely with other Treasury colleagues, at center and regional teams in order to meet company targets
• Other special projects and responsibilities, as assigned

Your team
You will be part of the Philips Domestic Appliances Group Treasury hub, which is a well advanced, using latest technologies and perceived best in class compared to other large global companies. Is also a very international oriented team who supports not only the Head of Treasury but also other Finance functions, business & markets across the globe.

The team is responsible for the all the Treasury business processes and operational activities ranging from In House bank, Middle office and Bank Account Management as well as Risk & Cash Management and Corporate Finance.


Our offer

• A challenging and enjoyable role with a wide range of responsibilities and room to grow
• Opportunities and exposure to other Treasury areas
• Work in a high paced and fun environment
• Work in a company that makes people lives better - Make an impact

We are looking for
 

• Bachelor/Master finance education with at least 5 years+ relevant experience 
• Knowledge and working experience in Treasury, preferably in another corporate Treasury or inside financial institution (bank, insurance co)
• Advanced excel skills
• Knowledge of cash forecasting/group liquidity reporting is a plus
• Reporting, analytical and numerical skills 
• Understanding of Financial instruments
• Payments industry experience
• Critical mind set with focus on improvements and innovations- LEAN
• Must be a self-starter, have the ability to think outside the box; strong attention to detail with the ability to meet time-sensitive deadlines and carryout multiple priorities
• Excellent oral and written communication skills (English) to effectively communicate with both internal and external parties in a customer service mind set
• Actively promote teamwork, leading by example and taking initiative to assist others
• Operational knowledge of SAP is preferred