Assistant Manager - Treasury

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins works with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate. Eurofins believes it is a global leader in food, environmental, pharmaceutical and cosmetics products testing and in agroscience CRO services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, CDMO, advanced material sciences and in the support of clinical studies.

In over just 30 years, Eurofins has grown from one laboratory in Nantes, France to over 47,000 staff across a network of more than 900 independent companies in over 50 countries and operating more than 800 laboratories. Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products, as well as providing innovative clinical diagnostic testing services, as one of the leading global emerging players in specialised clinical diagnostics testing.

In 2019, Eurofins generated total revenues of EUR € 4.56 billion, and has been among the best performing stocks in Europe over the past 20 years.

With EUR 6.7 billion in annual revenues and over 61,000 employees in ca. 900 laboratories across 61 countries, Eurofins Scientific is a leading international group of laboratories providing a unique range of analytical testing services to the pharmaceutical, food, environmental and consumer products industries and to governments.

 

Job Description

Responsibilities: 

1. Cash Management: 

• Monitor and manage the company's daily cash position, ensuring adequate liquidity to meet operational needs. 

• Develop and implement cash forecasting models to optimize cash flow and minimize borrowing costs. 

• Coordinate and execute cash movements, including transfers, payments, and funding requirements.

• 2.Bank Relationships: 

• Manage relationships with banks, financial institutions, and other external partners. 

• Negotiate banking services and fees, ensuring favorable terms for the company. 

• Stay updated on banking products, services, and industry practices to identify opportunities for improvement. 

3.Investment Management: 

• Develop and execute investment strategies to optimize the company's excess cash. 

• Evaluate investment opportunities and make recommendations based on risk-return analysis. 

• Monitor investment performance and provide regular reports to management. 

4.Risk Management: 

• Identify and assess financial risks, such as interest rate risk, foreign exchange risk, and credit risk. 

• Monitor market trends and regulatory changes to proactively manage risks and ensure compliance. 

 

 

Qualifications

Qualifications and Skills: 

• Bachelor's degree in finance, accounting, or a related field.  

• Proven experience (typically 5+ years) in treasury management, cash management, or a related financial role. 

• Strong knowledge of treasury systems and Banking. 

• Excellent communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders. 

• Strong analytical and problem-solving abilities. 

• Attention to detail and ability to work under pressure in a fast-paced environment.