Head Of Treasury

Exclusive vacancy | Head of Treasury & Structured Finance | International group | A deliberate expert role;

Please read the following job description thoroughly to ensure you are the right fit for this role before applying.
no management track, but true craftsmanship | Close collaboration with the CFO | Highly competitive compensation package | Beautiful office | 1 day working from home | Antwerp

Pegasus Group has been appointed by an internationally active Belgian group to act as its exclusive partner in the search for its future Head of Treasury & Structured Finance.

Let us be clear from the outset about what this role is — and what it is not. This is an expert role in the purest sense of the word: there is no predefined growth path from this position towards people management or a broader leadership role. Whoever applies here deliberately chooses substance: the craft of treasury, and the ambition to become the reference for it within the company. What you get in return is at least as valuable: you work closely with management and, for the CFO, you are the substantive sounding board for everything related to liquidity, financing and financial risks.

Moreover, this is not a role for those who only want to orchestrate: you roll up your sleeves yourself. You build the forecast, you manage the positions, you read the documentation, and you supervise the positions of the ongoing projects.

As an expert, you are actively involved in the contact with banks and other stakeholders. The actual relationship management with these parties sits with the CFO;
you are the one at the table who knows the file inside and out.

And forget the cliché image of a grey office on an industrial estate: you work from a beautiful office in vibrant Antwerp-Zuid, within walking distance of the better coffee. You will also join an environment that has found the perfect balance between, on the one hand, a structured company with real clout, well-organised processes and employee benefits, and, on the other hand, a lean business where, despite the considerable mark it leaves internationally, a 'just act normal' culture still prevails, with open doors, few titles and, above all, a team of professionals who roll up their sleeves together.

Your role as Head of Treasury?

Treasury & cash management – approx. 90%

• You manage and optimise the daily cash position across the various group entities, currencies and banking relationships. You do this hands-on, with your own hands on the wheel.
• You build and maintain the liquidity planning and cash flow forecasting yourself and translate these into clear steering information for the CFO and management.
• You manage the cash pooling and intercompany financing structures and monitor the financial flows between the domestic and foreign entities.
• You are responsible for operational banking: from daily transactions and KYC formalities to bank guarantees and the management of credit lines. As an expert, you join meetings with banks and other stakeholders;
  the relationship management itself is handled by the CFO.
• You identify, measure and hedge FX, interest rate and commodity price risks through appropriate hedging instruments and monitor the positions closely.
• You are responsible for accurate and timely treasury reporting, including covenant monitoring towards banks and other financiers.
• You professionalise treasury policies, internal controls and systems and take the lead in the further digitalisation of the treasury function.
• You act as the substantive point of contact for everything treasury-related and support the collaboration between Finance and the operational activities of the group.

Structured finance – approx. 10%

• You support the CFO substantively on asset and project financing: syndicated loans, bilateral credits, sale-and-leaseback structures and ECA-covered financings.
• You prepare refinancings and renegotiations of existing credit facilities: you build the analyses, the models and the files with which the CFO takes a seat at the table.
• You safeguard the quality of the credit documentation and security packages and coordinate the input of banks, lawyers and external advisers.

Your profile as Head of Treasury?

• You hold a bachelor's or master's degree in Finance, Business Studies, Applied Economics, Business Engineering or an equivalent field.
• You have relevant experience in treasury, gained within a corporate treasury department or at a bank;
  for example on a corporate lending or structured finance desk. Alternative professional routes and backgrounds are also possible.
• More important than the number of years: you deliberately choose an expert role. Your ambition does not lie in leading a team, but in mastering your craft at the highest level.
• You are familiar with hedging instrum