Liquidity Manager

Liquidity Manager

Job Summary about the area and the role:

Veolia Water Technologies & Solutions (WTS) is a worldwide leader in water recovery, treatment and reuse. We design and supply a range of water systems, from food and beverage applications, to municipal water, to microelectronics ultrapure water and heavy industrial wastewater treatment.

At WTS, we realize diverse teams make smarter decisions, deliver better results, and build stronger communities. We're an organization that champions diversity and inclusion at every rung of the ladder and are proud to be an equal opportunity workplace. We offer challenging and meaningful careers, with competitive benefits and flexible work arrangements.

The Liquidity Manager is part of the WTS Treasury team based in Trevose, PA and its main responsibility is to manage the company's liquidity and provide support to the Senior Manager Treasury and VP Treasury.

The Manager will lead the designing and/or optimizing the daily cash positioning as well as preparing and optimizing the daily, weekly, and quarterly cash forecast per cash pool and for non-cash pooled entities.

The Liquidity Manager will supervise one Financial Analyst

The Manager will be assisting with the daily cash management requirements as needed and functioning as a back-up for other team members when needed.

Key Characteristics

• Fast learner
• Global mindset and capabilities to collaborate with colleagues around the world
• Quick thinking and be able to prioritize
• Ability to quickly and efficiently adjust priorities

  
  Duties & Responsibilities

   

   

• Lead the preparation and analysis of the ST cash forecast and manage immediate liquidity needs
• In cooperation with the Senior Manager and VP Treasury prepare the daily and weekly CFF and distribute to Paris HQ. Manage any follow ups related to the CFF
• Coordinate Holding Company Liquidity, including ensuring sufficient liquidity on all cash pools
• Coordinate funding of non cash pooled bank accounts when needed
• Coordinate Intercompany loans, including interest calculations and communicating throughout the company (subsidiaries, accounting, Cash Management)
• Receive and analyse monthly IC payment file and ensure sufficient funding
• Prepare Treasury reports on a weekly and monthly basis. Prepare ad hoc Treasury reports
• Perform a weekly Variance analysis of the forecast and discuss the findings and recommendations with the VP and Sr. Manager Treasury
• Assist with Treasury related activities as part of the month-end close.
• Support the execution and review of payments, as required.
• Assist with bank account management activities including preparing documentation and maintaining bank account database.
• Implement process improvements to optimize treasury activities, automate functions and increase internal controls.
• Ensure compliance with internal Treasury and Accounting policies

  
  Hard Skills

   

   

• Comfortable working in a cross functional and international environment
• Strong qualitative and analytical skills
• Self starter, committed to provide practical solutions to complex situations
• Efficient communicator

  
  Soft Skills

   

   

• Inclusive: Passionate about working with colleagues from different cultures and environments, with a collaborative approach, in a diverse organization.
• Team Player: Ability to work with others toward a shared goal, participating actively, accountable and committed to the entire team respecting peers, leadership, stakeholders, and clients.
• Inspirational: Excellent oral and written communication skills: Communicate clearly and professionally with Finance and non-Finance professionals within the organization being able to inspire others.
• Decision Maker: Challenge the status quo and make decisions based on your role to be an effective problem solver and use critical thinking skills to find new ideas and connect them to provide the best practices and tools to our stakeholders and clients.
• Flexibility: Adapt and respond to the changing environment and to constructively create opportunities for change through active participation.

  
  Education & Experience
  
  Required:

   

   

• Bachelor's Degree from an accredited university or college in Finance or related major
• Minimum of 7-10 years of experience in Corporate Treasury and or Accounting/Finance
• Experience with Liquidity management and Cash Flow Forecasting for an international operating company

  
  Desired:

   

   

• Certified Treasury Professional (CTP) and/or MBA preferred
• Experience with cash operations, banking and legal entity forecasting
• Experience working for an international operating company with worldwide operations
• Treasury Workstation experience, Kyriba and Wall Street Systems preferred
• Knowledge of cash, debt and hedge accounting
• SAP experience
• Tableau experience
• IFRS experience
• Strong analytical, planning and organizational skills
• Strong Excel and spreadsheet skills including formulas
• Excellent oral and written communication, interpersonal, research analysis and problem solving skills
• Demonstrated high integrity and ethics in all activities