Treasury Specialist @ ABB

Rotterdam – Full-time

Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.

At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.

As part of the Corporate Treasury Operations Center of Expertise Europe (CTO CoE EUC) Operations team, you will be responsible to coordinate and execute Corporate Treasury Operations activities across the European Region. Support the performance of CTO CoE EUC’s internal control framework and master all Europe-wide internal control subjects and tasks. ABB is listed on the New York Stock exchange and therefore must adhere to the Sarbanes-Oxley Act (SOX).

Reporting to the Team Lead CoE Corporate Treasury Europe based in Rotterdam, Netherlands, you will interact with internal customers (functions or businesses), ensure stable and continued execution of the various assigned Corporate Treasury Operations activities. Identify process improvement opportunities and solutions to minimize risk. Interface for Corporate Treasury topics with Regions and Workstreams

Your responsibilities

  • Ensures timely and accurate execution of assigned Corporate Treasury operations, especially during peak workload times. Monitor activities ensuring compliance with internal policies and procedures. Identifies, proposes, and implements solutions resulting in improved efficiency. Works towards maximizing leveraging of resources in the CoE in support to the Countries.
  • Corporate Treasury – Cash & Liquidity Management, Funding:
  • Cash Pool Management; Bank Accounts Administration; Daily Cash Positions (incl. ST forecast); Settlement of Treasury transactions; Payment Factory/In-House Bank
  • Corporate Treasury – FX Management: Strategies, workflows and tools (pricing, large projects, etc.); Derivatives reporting, valuation, analysis of impact; Intercompany netting
  • Fulfils CTO CoE EUC internal control process owner role, monitoring and supporting control owners’ quarterly control performance. Evaluate and regionally drive the ongoing control design, walkthrough, and management testing, year-end assessment
  • Monitor and support resolution of open deficiencies; ensure effective, sustainable remediations are implemented; liaise and cooperate with internal and external auditors
  • Provide advice and guidance to internal customers (functions or businesses) in Corporate Treasury activities, especially on internal control matters
  • Ensures adequate IT General Controls are implemented for CTO EUC’s portfolio of systems (regional treasury applications and e-banking platforms)
  • Prepares reports and financial analyses as requested by management. Reviews key performance indicators to suggest action plans and improve results.
  • Coordinates and delivers training programs for Treasury organization, focusing on the field Internal Control. Supports and educates the business and functions in issues concerning Corporate Treasury
  • Participates in and contributes to initiatives related to process harmonization and improvements in close cooperation with the Global Workstreams and keeps abreast of the latest developments in these subject matters. Supports and helps to enforce the Groups functional Strategy

Your background

  • University degree (Bachelor/Master) plus further professional qualification
  • At least 5 years professional experience in treasury function of a global company including cash pool structures, currency exposure management, cash & liquidity management, financial risk management, competitive analysis, financial analysis, budgeting & management reporting
  • Experience in managing internal control setups, for both treasury operations and IT systems, in multinational companies, in relation to Sarbanes-Oxley
  • In-depth knowledge of financial products and markets, including funding, cash management and derivatives
  • Excellent business acumen, strong financial and analytical skills
  • Ability to effectively adhere to strict deadlines
  • Advanced aptitude in problem solving, including the ability to logically structure an appropriate analytical framework
  • Strong communication, negotiation, and presentation skills
  • Fluent in English, and German is a plus

More about us

Our CTO Center of Expertise EUC is located in Rotterdam. This department executes treasury operations for the EUC region in the area of Corporate Treasury, including cash and working capital management, financial risk management and the optimization of entity capital structures.

We look forward to receiving your application. If you want to discover more about ABB, take another look at our website