Treasury Analyst (Treasury, Cash Management, Back Office)

Inetum2; Madrid; On-site; EUR 90,000 - 130,000; Full time

Job summary

Inetum2 in Madrid seeks a Senior Cash Management, Systems & Back Office Treasurer for the Group Financing and Treasury Department. The role covers cash management, back office operations, and Treasury IT systems administration within an international environment.

Occasional trips to Paris are planned; English and Spanish fluency is required, French a plus. Based in Madrid, you will optimize liquidity, supervise payments, and implement controls while coordinating with subsidiaries and internal

Qualifications

• Master's degree in finance and/or treasury.
• 7–10 years of experience in an international company or audit/consulting firm specializing in treasury.
• Strong teamwork, stress management, autonomy, determination, rigor, organization, curiosity, and negotiation skills.
• Technical skills in cash management, pooling techniques, knowledge of treasury systems (Kyriba is a plus), mastery of payment methods, and project management.
• Excellent written and verbal communication in English and Spanish; French a plus.

Responsibilities

• Manage daily cash flow with a target of zero cash balance and minimize financial and banking fees.
• Establish the Group Treasury's liquidity position in different currencies and ensure proper execution of payments and management of bank balances.
• Oversee back office operations: validate, document, and follow up on financial operations initiated by the Front Office.
• Maintain and update procedures and controls related to Cash Management and Back Office; disseminate best practices in internal control.
• Administer treasury IT systems, train users, and participate in system development projects; gather user needs and implement changes.
• Collaborate with IT and vendors; draft specifications and operating manuals; support testing and validation of system changes.

Skills

Teamwork

Stress management

Autonomy

Determination

Rigor

Organization

Curiosity

Communication

Negotiation

Project management

Kyriba

Education

Master's degree in finance/treasury

Tools

Kyriba

Job description

As part of the group's expansion, we are seeking a Senior Cash Management, Systems & Back Office Treasurer for our Group Financing and Treasury Department. Although the department is situated in Paris, France, the position will be based in Madrid to enhance the corporate scope of the Group, particularly since the Iberia/Latam areas account for half of the Group's operations.

The position would be under the supervision of the Head of Cash Management, Systems & Back Office Manager, the main tasks will focus on three areas: cash management, back office, and IT system administration.

Cash Management:

• Manage daily cash flow with a target of zero cash balance and minimize financial and banking fees.
• Establish the Group Treasury's liquidity position in different currencies.
• Ensure the proper execution of payments and management of bank balances.
• Optimize and improve intra-Group liquidity management performance.
• Liaise with subsidiaries on cash management (cash management, foreign exchange) and assist them in optimizing their daily liquidity management.
• Monitor and control banking fees across the Group to ensure continuous rationalization.
• Participate in the daily cash forecasting process in coordination with Front, Middle Office, and subsidiaries.

Back Office:

• Control, validate, and follow up on financial operations initiated by the Front Office.
• Systematically document market operations.
• Ensure the security and proper execution of all group payment operations.
• Maintain and update procedures and controls related to Cash Management and Back Office.
• Participate in the dissemination of best practices in internal control, task segregation, and fraud prevention.
• Participate in team projects: bank tenders, process optimization, inclusion of new companies, etc.
• Review and update guides, operating procedures, and documentation.

Treasury IT Systems Administration:

• Administer treasury IT systems (treasury software, banking communication platform, market data management software).
• Provide support to treasury system users.
• Train users (FTD and subsidiaries) on treasury IT systems.
• Participate in treasury IT system development projects.
• Gather user needs (FTD, Accounting), implement functional changes internally or with software vendors.
• Maintain daily contact with the IT department and software vendors.
• Draft specifications, procedures, and operating manuals.
• Provide functional support for testing and validating system changes.

Required Skills:

• Master's degree in finance and/or treasury.
• 7-10 years experienced in an international company or an audit/consulting firm specializing in treasury.
• Skills such as teamwork, stress management, autonomy, determination, rigor and organization, curiosity, and communication and negotiation abilities are appreciated for this position. Proven capacity to work under a highly leveraged environment is beneficial.
• Technical skills like expertise in Cash Management, pooling techniques, knowledge of treasury systems (Kyriba is a plus), mastery of payment methods, and project management are necessary for success in this role.
• Excellent written and verbal communication skills in English and Spanish (French is a plus).

Working Conditions:

• Full-time position based in Madrid, Spain.
• Trips to Paris few times a year
• Opportunity to work in an international and multicultural environment.