Senior Treasury Analyst EMEA

VF Corporation is looking for an exceptional Senior Treasury Analyst EMEA to join our Treasury Team based in Switzerland.

Let’s talk about the role!     

Reporting to the Senior Manager, Treasury EMEA, the Senior Treasury Analyst EMEA will support the Treasury team in managing the company’s cashflow, liquidity, and banking relationship. This position will be responsible for executing daily cash management activities, cashflow forecasting, FX risk management, daily bank reconciliations, monthly closing activities, e-banking administrations, bank guarantee issuances and assisting in various Treasury projects to apply best practices in European Treasury management.

Cash Management

• Monitor daily cash balances, review cash in- and outflows and make adjustments as needed to ensure sufficient liquidity to meet company needs

• Prepare and execute fund transfers and payments, coordinating with banks as needed

• Reconciliation of cash flow forecasts versus actuals and analyse variances

• Cash pool administration: add/remove new users, entities, bank accounts, designated beneficiary accounts

• Review and authorize weekly manual payments entered/uploaded in Cobase/banking portals

• Follow up-with banks and AP in case of rejected/returned payments

Cash Flow Forecast

• Maintain accurate cash flow forecasts to ensure sufficient liquidity for EMEA operations and support for repatriation analysis

• Prepare cash flow forecasts versus actuals analysis and investigate root cause for variances to drive improvements

Foreign Exchange

• Assist in tracking and managing foreign exchange (FX) exposures and hedging activities

• Help with the preparation of risk management reports and analysis

• Execution of FX spot trades and support of FX settlements resulting from hedging activities

Accounting

• Ensure the timely reporting of the monthly interest accruals to the accounting team. This includes the preparation of SAP upload files for interest accruals related to intercompany loans and BMG interest accruals and reconciliation

Administration

• Bank administration: review user rights on bank account level, facilitate internal control and SOX compliance, request & reconcile year-end bank confirmations, set-up/delete users in banking portals, BAM reporting

• KYC management with financial institutions

Bank Guarantees

• Manage the issuance of bank guarantees to support the company’s financial operations and mitigate risk

Projects

• Continuous improvement and use of the global treasury workstation (Kyriba) to improve overall efficiencies

• Identify opportunities for process improvements for general treasury operations

Skills for Success

• 3 - 5 years of relevant experience

• Proficient in English spoken as well as written

• Bachelor’s degree with solid accounting knowledge

• Self-starter, ability to handle multiple tasks in a dynamic environment

• Highly organized & achievement-oriented

• Team player that who exhibits high professional conduct, integrity, and enthusiasm

• Self-starter that is able to manage responsibilities with minimal supervision

• Good analytical and conceptual thinking

• Individual has a sense of urgency when it comes to execution

VF is a global apparel company connecting people to the lifestyles they cherish through our family of iconic brands. At the heart of our journey lies our purpose: We power movements of sustainable and active lifestyles for the betterment of people and our planet. This is our purpose. It’s the reason we come to work every day. Our purpose unites us and leads us to pursue our goals, together. This is our calling. Learn more at vfc.com

What’s in it For You

We’re in the business of unleashing human potential, driven by the ideas, energy and commitment of our people. That’s why we offer comprehensive benefits that encourage mental, physical and financial well-being for all VF associates. When it comes to benefits, we’re the total package.

• A supportive feedback-based culture where respect and integrity guide us in what we do

• An inclusive international environment where people of diverse backgrounds, lifestyles and nationalities love working together

• Be part of an iconic lifestyle brand in a multi brand, multi countries organization

• On site gym offering health and well-being initiatives

• A discount card with 50% on all VF brands

• Break out areas offering complimentary hot drinks

This post is not eligible for relocation support.

Free to Be, Inclusion & Diversity 

As a purpose-led, performance driven company, we strive to foster a culture of belonging based on respect, connection, openness and authenticity. We are committed to building and maintaining a workplace that celebrates the diversity of our associates, allowing them to bring their authentic selves to work every day.

As an equal opportunity and affirmative action employer, VF is committed to support disadvantaged groups whilst providing equal opportunities for both VF associates and applicants alike.