Group Tax & Treasury Manager

Somacis; Castelfidardo; On-site; EUR 90,000 - 130,000; Full time

Job summary

Somacis in Castelfidardo (AN) is seeking a Group Tax & Treasury Manager to lead tax and treasury activities for the group. You will optimize tax position, manage liquidity, and support M&A with a governance framework aligned to international standards.

Reporting to the Group CFO, you will coordinate local tax specialists and external advisors, drive cash-flow forecasting and capital structure decisions, while ensuring ESG-compliant fiscal governance and strong cross-functional collaboration.

Qualifications

• 5–7 years in Tax & Treasury within international groups or structured environments.
• Experience in M&A contexts, tax due diligence, and financial restructuring.
• Strong knowledge of IFRS and international tax regulations.
• Proven experience managing relationships with banks, financial institutions, and external advisors.

Responsibilities

• Oversee tax and treasury activities across the Group to ensure compliance and optimization.
• Lead cash pooling, liquidity forecasting, and capital structure planning.
• Coordinate tax rulings, audits, and M&A due diligence.
• Develop robust forecasting models and digital treasury systems.
• Collaborate with Group Accounting, FP&A, Legal, and external advisors.
• Drive ESG-compliant fiscal governance and risk management.

Skills

Treasury management

Tax planning

Strategic leadership

Financial analysis

English proficiency

Education

Bachelor's degree in Economics or Finance

Master’s degree or specialization in Tax Law / Corporate Finance

Tools

SAP

Oracle

Tagetik

Treasury Management System (TMS)

Job description

Job Title: Group Tax & Treasury Manager

Department: Group Finance

Reporting to: Group CFO

Location: Castelfidardo (AN)

Role Mission

The Group Tax & Treasury Manager is responsible for the integrated management of the Group’s tax and treasury functions.

The role ensures full tax compliance, effective financial structure optimization, and efficient liquidity and risk management across all Group entities.

This is a key strategic position, supporting the Group’s growth, M&A operations, and its transformation toward a more international, efficient, and compliant governance model.

Main Responsibilities

1. Tax Area

• Oversee all Group tax matters, ensuring compliance with national and international regulations (VAT, direct taxes, transfer pricing, CFC rules, BEPS).
• Coordinate local tax specialists and external advisors to ensure aligned and harmonized tax policies across legal entities.
• Manage tax rulings, audits, and litigation with tax authorities.
• Develop tax planning strategies to optimize the Group’s consolidated tax position, while ensuring ESG-compliant fiscal governance.
• Support tax due diligence processes in M&A transactions and corporate reorganizations.

2. Treasury Area

• Manage the Group’s consolidated treasury, including cash pooling structures, cash‑flow planning, liquidity forecasting, and financial requirements.
• Monitor net financial position, cost of capital, and financial covenant compliance.
• Develop and maintain robust cash‑flow forecasting models to support investment decisions and funding strategies.
• Implement and manage digital treasury systems (TMS), ensuring effective currency risk, interest rate risk, and liquidity management.
• Optimize the Group’s capital structure and support the CFO in defining medium‑term financing strategies.

Role Requirements

Education

• Degree in Economics or Finance.
• Master’s degree or specialization in Tax Law, Corporate Finance, or related fields (preferred).

Experience

• 5–7 years of experience in Tax & Treasury roles within international industrial groups or structured corporate environments.
• Experience in M&A contexts, tax due diligence, financial restructuring, or funding operations.
• Strong knowledge of international tax regulations and IFRS principles.
• Proven experience managing relationships with banks, financial institutions, and external advisors.

Technical Skills

• Strong expertise in treasury processes, cash management, and financial risk management.
• Proficiency in financial ERP systems (SAP, Oracle, Tagetik) and Treasury Management Systems (TMS).
• Solid understanding of corporate finance, capital structure dynamics, and banking instruments.
• Advanced command of Excel, Power BI, and financial analysis tools.
• Fluent written and spoken English (C1 or above).

Soft Skills

• Strong leadership and ability to work effectively with executive management.
• High integrity, confidentiality, and professional accountability.
• Clear and effective communication skills, with the ability to simplify complex financial topics.
• Strategic mindset, problem-solving orientation, and cross-functional collaboration capabilities.

Key Performance Indicators (KPIs)

• Optimization of the consolidated effective tax rate.
• Accuracy and timeliness of cash‑flow and debt planning.
• Improvement of cash conversion and net financial position.
• Efficiency in managing financial costs and treasury processes.
• Reduction and mitigation of tax-related risks.

Positioning and Internal Relationships

• Reports directly to the Group CFO.
• Cooperates closely with: Group Accounting, FP&A, Legal, Corporate Strategy, HR, and external consultants.
• Supports CFO and CEO in tax and treasury matters related to strategic projects, financing, and corporate development.