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Treasury Manager @ Volcafe

Amsterdam – Full-time Read more

Corporate Finance Intern @ Parkbee

Amsterdam – Internship Read more

Subscribe and receive your 41 pages ‘easy-to-read’ eBook, What is Treasury?

16-05-2022 | treasuryXL | LinkedIn |

 

Treasury, Corporate Finance, Cash Management, Risk Management, Working Capital Management and Blockchain. What are the purposes of these treasury functions?

treasuryXL created this eBook based on the most relevant best practices that Treasury experts provided over the last years. We bundled the most important information for you and created easy to read and understand articles about the main subjects within the World of Treasury.

We took a deeper dive into each of the above-mentioned treasury functions and highlight:

  • The purpose of each named Treasury function (What is?)
  • What specialists do
  • Examples of Activities
  • Summary of Frequently Asked Questions and answers
  • Conclusion

How to receive this eBook for Free?

We simply giveaway two presents for you! By signing up for our newsletter you will automatically receive the following in your inbox:

  1. On Fridays, our Coffee Break weekly newsletter will land in your inbox. In this weekly newsletter, we will highlight the whole week full of the latest treasury news within our community.
  2. The 41 pages eBook, What is Treasury?

 

Subscribe, Join, Download and Relax.

Welcome to our community and have fun reading!

 

 

Director, Community & Partners at treasuryXL

 

 

 

 

Your free eBook, What is Treasury?

13-04-2022 | treasuryXL | LinkedIn |

 

Receive your eBook What is Treasury? after subscribing to the free treasuryXL weekly newsletter.

The world of Treasury is a complex topic. Many people will think about pirates and big see ships that sank deep into the bottom of the ocean including their ‘treasure’. A mystery treasure map will lead the finder to a treasure worth a lot of money. In some way Treasury and Treasure have similarities, it is about money and other valuables.

Are you having a hard time how to explain what treasury is to family, friends and colleagues? Or are you interested to learn more about the World of Treasury?

 

treasuryXL created a 41 pages eBook for the corporate treasurers and the world of finance addict.

This eBook is designed to answer layman questions about the function of Treasury. treasuryXL bundled the most important information for you and created an easy to read and understand articles about the main subjects within the World of Treasury:

This ebook will answer your questions about Treasury topics.

treasuryXL explains the purpose of each Treasury function; what specialists do, examples of activities, FAQs, and a summary.

This ebook is based on the most relevant best practices that Treasury experts provided over the last years. On the website of treasuryXL you can explore additional information on the latest in Corporate Treasury.

 

HAVE FUN READING!

 

 

Director, Community & Partners at treasuryXL

 

 

 

 

Corporate Finance Intern @ October

Amsterdam – Internship Read more

4 questions for the Cash and Currency Manager at Boskalis

| 13-04-2021 | by treasuryXL | Kendra Keydeniers

Without a doubt you have seen the giant container ship ‘Ever Given’ blocking the Suez canal from March 23 till March 29, 2021. One week later we were very close to an unprecedented oil spill by a rudderless cargo ship, nevertheless this story got a happy ending. Boskalis, the leading global dredging and offshore contractor and maritime services provider, saved the world twice in nine days.

Back in 2019 we interviewed the Cash & Currency Manager at Boskalis, Steven de Klein. We took this momentum to look back and see when his career in treasury started and why he decided to start with the Register Treasurer program.

Steven de Klein decided to take a deeper dive into the world of treasury and started the Register Treasurer (RT) program in 2014. He graduated as RT  in 2017. Before moving into treasury, he studied Business Economics in Nijmegen.

His first experience in treasury was a good one, “The field of treasury is much greater than most people expect” said Steven.

With its roots in the Netherlands, Boskalis has over 100 years’ experience in hydraulic engineering, coastal protection and land reclamation. The head office is located in Papendrecht and they have an extensive network of branches around the world. They operate in 90 countries and across six continents, with a versatile fleet of more than 900 vessels and floating equipment. Shares in the company have been listed on Euronext Amsterdam since 1971.

We asked Steven 4 questions about the RT program:

  1. What for you was the main reason to start a career in treasury?

    During my final year at the Radboud University in Nijmegen where I studied Business Economics, I started at a small advisory firm specialized in (corporate) financing. That was my first experience in treasury and it suited me well. Soon afterwards I joined a development & construction company that showed me that treasury was more than just financing and before you know it, you are a ‘treasurer’.

  2. Why did you start with the RT program?

    After working within the same company for a few years I noticed that my learning curve was leveling out. I started to investigate what treasury courses and programs where available and found that the RT program is without any doubt the best and most comprehensive treasury course available in The Netherlands.

  3. How did the education help you in your career?

    Not only did I gain a lot of new knowledge about treasury, but also about related topics such as macro-economics, fiscal law and (hedge) accounting. This helps to connect the dots a lot better when you’re back at your daily job. It also brought me a new network of people, good memories and I even think my current job at Royal Boskalis Westminster NV.

  4. Are you still in touch with your peers?

    Absolutely, during the 2-year program you built a strong relationship with your peers, since you do spend almost a full day per week with them. This is also one of the bigger benefits of the RT program in comparison to at-home studies.

We have more RT stories to share with you, here are the stories of Bouke, Michel, Jarno, Mathieu and Richard.

The post-graduate Executive Treasury Management & Corporate Finance programme combines two finance disciplines: Treasury Management and Corporate Finance. These disciplines largely overlap and are inextricably connected.

After a successful completion of all required modules, the title of Registered Treasurer (RT) is conferred by the Registered Treasurer foundation.

Kendra Keydeniers

Director, Community & Partners treasuryXL

 

 

 

Online Open Evening, 19 November: Treasury Management & Corporate Finance by VU Amsterdam

| 12-11-2020 | VU Amsterdam |

Are you up for the next step in your career? Would you like to further develop your knowledge, skills and professional view on this fast changing world?

That’s why we invite you to join our Online Information Session on Thursday, November 19th 2020 from 19.00 – 20.00 hrs. Get inspired by our teachers and programme director and ask your questions during a livestream Zoom session.

REGISTER HERE FOR THE ONLINE INFORMATION SESSION

or

REQUEST THE BROCHURE ON OUR WEBSITE

We are looking forward to welcoming you at Online Information Session.

 

 

 

Start your journey on September 22: International Treasury Management and Corporate Finance course

03-09-2020 | by Kendra Keydeniers | Francois De Witte | ATEL

Start your Treasury Management and Corporate Finance journey on September 22! This is your last reminder before the registration will be closed.

Invest in yourself, invest in knowledge

The treasurer is the custodian of the company’s daily liquidity. He manages, anticipates and secures cash flows by ensuring that financial needs are covered.

This cursus will give the ability to assist directly and practically the treasurer of large corporates or to take over the treasury responsibilities in a SME.

The various modules will allow acquiring an in-depth knowledge of the various areas of the “Corporate Treasure” profession.

Registration

This course will start 22 September 2020. It includes 13 training modules and 5 intermediary exams. It is necessary to complete this form before your official registration. Registration will be closed early September 2020.

Objectives

At the end of this programme, the participant will able to:

  • assist directly and practically the treasurer of large corporates
  • take over treasury responsibilities in a SME.

The various modules will allow to acquire an in-depth knowledge of the various areas of the “Corporate Treasurer” profession.

Programme

Module 0: Introduction to Treasury Management
Speaker: Benjamin Defays / Treasury Manager

  • Corporate Treasurer’s responsibilities
  • Cash management (bank account opening, closing, KYC, Cash pooling, Payments and bank connectivity)
  • Liquidity management (importance of working capital management,
  • Risk management (foreign exchange, fraud, credit risk)
  • Trade finance (general context, intro to bank guarantees and letters of credit)

Module 1: Financial Maths (Focus on treasury & corporate finance)
Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School

  • Focus on treasury & corporate finance
  • Time Value of Money
  • Vocabulary
  • Compounding intervals
  • Discount and annuity factors

Module 2: Advanced Excel workshop for treasurers (Dedicated to treasury)
Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School

Module 3: Corporate Finance
Speaker: Mikael Pereira / Associate, Finance

  • Valuations
    • M&A’s
    • Portfolios
  • Corporate Financing
  • Corporate Investments

Module 4: Cash Management (domestic and international)
Speaker François De Witte / Consultant

  • Payments (Process, Tools)
  • Liquidity Management
  • Cash-Flow Forecasting
  • In-House Banking
  • Banking Relationship

Module 5: Trade Finance
Speaker: Benjamin Defays / Treasury Manager

  • General contact, cultural aspects
  • Why trade finance in treasury
  • Bank Guarantees, Burgschafts, Surety Bonds, Letters of Credit, Cash against Documents
  • Alterative security instruments
  • Disruptive technologies

Module 6: Credit Control
Speaker: Anca Vasiliu / Counterparty Risk Manager

  • Concepts & Practices/Types of Credit Risks
  • Understanding Financial Statements and Ratios
  • Credit Scoring/Ratings – S&P, Bloomberg models
  • Collecting overdue receivables – setting priorities
  • Strategies dealing with overdue invoices
  • Debt collection services development

Module 7: Pension / Insurance 

  • General introduction on insurances and pensions
  • Typology of insurances
  • Risk management via insurances
  • Saving via insurances

Module 8: Compliance

  • KYC, GDPR, EMIR, Bale III
  • International sanctions and their impact on transactions & overall business activities
  • Anticorruption (FCPA, UK Bribery Act)
  • EU competition law compliance
  • INCOTERMS
  • Drafting a contract (main considerations)

Module 9: Risk Management
Speaker: Patrick Verspecht / Group Treasurer

  • FX, Interests
  • Counterparties
  • Others (Reputation, etc…)

Module 10: Regulations / Accounting
Speaker: Quentin Bodart / Senior Finance Engineer

  • Emir, Mifid 2, Basle II and III,
  • Dodd Frank, GDPR, Fatca, Section 385…

Module 11: Treasury Accounting
Speaker: Quentin Bodart / Senior Finance Engineer

  • Accounting for Derivatives
  • Hedge Accounting, IFRS9 (all from a treasury side)

Module 12: Technologies
Speaker: Patrick Verspecht / Group Treasurer

  • New Technologies
    • Blockchain, Crypto-currencies, Smart Contracts
  • Treasury Console (Bloomberg, Thomson Reuters)
  • TMS, Fintechs

Module 13: Cyber Fraud

  • Why Cyber fraud needs to be considered as a major risk
  • Identify the consequences of a cyberattack
  • Main fraud schemes
  • How to protect against fraud

Some homework might be proposed for some modules, there will be continuous control in the form of intermediary exams (under the form of QCM) and a final exam will be sanctioned by an attestation delivered by ATEL (The Luxembourg Association of Corporate Treasurers).

There might also be one or two “extra-activity”, such as a visit in a bank trading room or/and a special guest speaker addressing the cursus participants on a specific subject (still to be defined, optional events).

Target Audience

Anyone willing to acquire an in-depth knowledge in corporate treasury and wishing to exercise this knowledge in practice.

Prerequisites

  • Basic background in finance or accounting
  • For the Advanced Excel workshop, a preliminary (good) knowledge in Excel is required

Course Material

The course material can be downloaded free of charge via your portal the day before the start of the course (download the Client Portal User’s Guide here).

Certificate

At the end of the programme, the participants will receive a “Certificate of Attendance” delivered by the House of Training, and an attestation of “Exam Success Pass” delivered by ATEL.

In order to get certified, an 80% rate of attendance and a 60% average score on the examinations are required.

The participants will also receive a one-year free membership to ATEL (www.atel.lu) giving a number of advantages.

Register here