Cash Manager H/F

Missions

The Cash Manager is responsible for optimizing and securing the company’s cash flows in accordance with the company’s financial policy and financial, accounting and commercial regulations.

On a daily basis, he/she monitors cash positions and verifies consistency with the accounting records. He/she also draws up cash flow forecasts in compliance with the financial ratios of indebtedness (covenant), solvency and working capital.

The Cash Manager draws up the cash flow budget according to the company’s accounting and financial elements, based on the historical data of its activity.

Then, he/she evaluates the financial flows coming in or going out of the structure and defines the procedures for processing and securing them.

Budget and cash flow forecasts

•  Establish budgets and cash flow forecasts with the elements provided by management control, the financial department, the accounting department and on the basis of knowledge of the activity and its history.
• Accurately assess the net cash and debt position in order to define internal and external financing needs, invest surplus cash, and hedge the exchange rate risks associated with the company’s financial flows.

Monthly and weekly reporting

• Prepare and communicate a weekly summary of the consolidated cash position, analyzing the main cash outflows and receipts for the week and forecasts for the coming week.
• Analyze and explain variances between forecasts and actual cash flows.
• Compare the accounting position and the bank position; check that cash transactions are correctly recorded.

Management of banking relationships

• Check the interest scales issued by the banks and verify the financial interest charged and received by them.
• Follow and participate in the negotiation of banking conditions.
• Participate in the implementation of foreign exchange risk hedging tools and monitor foreign exchange positions
• Participate in the implementation and monitoring of cash investment instruments
• Monitor corporate financing
• Monitor covenants and prepare compliance certificates

Internal control and project monitoring

• Follow up and update documentation related to hedging instruments;
• Monitoring guarantees received or given (off-balance sheet commitments)
• Follow up on regulations (EMIR / LME);
• Participate in the P2P and O2C process overhaul project as well as in the implementation of a new cash management tool;
• Improving existing processes and proposing new ones in order to strengthen the security of transactions and limit the risks of fraud.

Prerequisites

Initial training:

5 years of higher education/ a Master’s degree in Finance or Economics and Management.

Experience:

First experience in audit/corporate finance and cash management.

Required skills:

Good command of computer tools / databases / management software.

Skills :

Accurate, rigorous. Ability to adapt.

Desired knowledge :

Good knowledge of a group’s treasury issues and the functioning of banking relations.

Language(s):

French: fluent in reading, writing and speaking,

English: fluent in reading, writing and speaking.

Offer reference

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Type of Contract

CDI

Salary

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Workplace

Suresnes (92). Head office of LDA

Start date

immediately