Senior Manager, Treasury EMEA

VF Corporation is looking for an exceptional Sr. Manager, Treasury EMEA to join our Team team based in Stabio, Switzerland.

Let’s talk about the role!     

Reporting to the Director, Treasury EMEA, the Sr. Manager Treasury EMEA will lead and oversee daily cash management activities, ensuring optimal liquidity and financial stability, and manage FX risk across the EMEA region.  Your responsibilities will include identifying and implementing continuous improvements to enhance treasury processes, driving efficiency and effectiveness. Spearhead various treasury projects, ensuring alignment with organizational goals and strategic initiatives. This role will leverage best practices in European treasury management, reporting, and analysis to ensure optimal performance.

You will be asked to work closely with other VF stakeholders including operational teams, legal, tax, and US and APAC treasury.

Skills for Success

• Oversee EMEA cash liquidity, short-term investments, and short-term debt across 25+ legal entities and 15+ currencies.
• Oversee global multicurrecy notional cash pool to minimize excess cash balances and reduce interest expense.
• Manage FX exposures by coordinating with EMEA subsidiaries to identify foreign currency exposures and support global cash flow hedge program managed by corporate treasury, manage and execute EMEA balance sheet hedging program, and assist corporate treasury in continued process improvement as it relates to managing global FX risk.
• Develop and maintain accurate cash flow forecasts to ensure sufficient liquidity for EMEA operations and support for repatriation analysis.
• Coordinate with tax and legal on tax planning initiatives.
• Serve as EMEA lead for the continous improvement and use of the global treasury workstation (Kyriba) to improve overall efficiencies and provide timely and accurate global cash and debt reporting and forecasting.
• Evaluate, recommend, and implement service provider / bank relationship initiatives and treasury projects to ensure treasury practices are best in class and cost efficient; projects include improving cash collections in stores, automating manual cash operations, and improving overall reporting cash and forecasting.
• Establish strategic relationships within VF and with external service providers to ensure successful implementation of strategic initiatives, and to quickly identify and resolve issues impacting VF’s businesses.
• Establish and monitor the cost, quality, and performance of cash managment services to ensure the Company’s treasury practices are cost efficient and align with industry best practices.
• Manage the issuance of bank guarantees to support the company’s financinal operations and mitigate risk.
• Coordinate KYC requirements, bank onboarding and account openings and closings.
• Serve as administrator to banking platforms.
• Ensure cash management processes and activities follow treasury policies, accounting guidelines, and internal controls and are compliant with Sarbanes Oxley requirements.
• Develop direct reports to improve the department’s effectiveness while reinforcing and expanding roles

Hard Skills

• The requirements listed below are representative of the knowledge, skills, and /or abilities required for the individual to be successful in this position.
• Experience: At least 5 years of relevant
• Languages: Proficient in English spoken as well as written
• Education: Bachelor’s degree in corporate finance

Soft Skills

• Communication & Interpersonal              
• Problem Solving
• People Development & Coaching
• Change Management
• Business acumen
• Customer focus
• Driving execution
• Operational decision making
• Finance Business Partering & Stakeholder Engagement

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.