Treasury Lead

Company Description

We are Straumann. United for global excellence in dentistry.

Every vision has its story. Ours began more than 60 years ago. Since then, our innovations and achievements have become landmarks in dentistry worldwide. Straumann began as a family-owned institute, grew into a publicly owned holding, and today comprises several international companies around the world.

Straumann Group develop, manufacture, and supply dental implants, instruments, biomaterials, CADCAM prosthetics, digital equipment, software, and clear aligners for applications in replacement, restorative, orthodontic and preventative dentistry.

Culture

People and culture are the Straumann Group’s greatest assets; they are the keys to high performance and sustainable success. The fundamental driver of this culture is the player‐learner mindset, which seeks to inspire and nurture in every employee.

Job Purpose

To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.

Main Tasks and Responsibilities

• Forecast cash flow positions, related borrowing needs, and funds available for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
• Manage relationships with banks,
• Establish sustainable relationship with banks
• Maintain credit rating agency relationships
• Arrange for equity and debt financing
• Monitor the activities of third parties handling outsourced treasury functions on behalf of the company
• Advise management on the liquidity aspects of its short- and long-range planning
• Oversee the extension of credit to customers
• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
• Manage overall cash flow of the company as to minimize financial borrowing and risks,
• Make supplier payments by ensuring necessary information flow within the Company
• Manage the credit and collection activities for the country,
• Lead the local team to heighten and maximize performance in DSO, cash and other AR metrics
• Obtain and manage credit securities like Letter of Credit, bank guaranty, advanced payments and payment plans,
• Review and analyze credit applications and risks, through research and analysis, report and annotate findings and make decisions as needed,
• Control and manage cheque operation, bad debt portfolio and follow the cases by support of local lawyers,
• Make recommendations for credit limits on new accounts and increase credit lines on existing accounts,
• Conduct and participate in management reviews of significant past-due accounts receivable status reporting,
• Review and release customer orders on credit hold in the order processing system,
• Prepare the monthly group reports, including cash collection planning and ad hoc inquiries in accordance with policies,
• Prepare weekly, monthly and yearly direct and indirect cash flow reports (short term & long term)
• Ensure an adequate allowance for doubtful accounts and sales returns is kept in line with audit procedures,
• Ensure the credit department interacts well with customers, suppliers, providers, agencies and departmental colleagues, e.g. sales.
• Interface in a professional and business like manner with sales, operations, senior management, and other business teams to maximize efficiencies in the process.

Education/Professional experience

• Bachelor’s degree in Business Administration, Economics, Finance or a related field
• Minimum 7 years of experience in a related area
• Good verbal and written skills in English
• Strong team management skills
• Advanced analytical skills and ability to process data,
• Very good knowledge of MS Office applications,
• Very good knowledge of SAP
• Very good knowledge of Power BI

Personal Attributes

• Strategic Thinker: Ability to translate vision into actionable plans.
• Leadership Skills: Inspires and motivates teams, builds trust, and drives performance.
• Customer-Focused: Committed to understanding and exceeding customer expectations.
• Problem Solver: Strong analytical and critical thinking skills to address challenges effectively.
• Detail-Oriented: Meticulous in planning, execution, and quality assurance.
• Adaptable: Thrives in a fast-paced, dynamic environment and embraces change.
• Effective Communicator: Strong verbal and written communication skills, with the ability to influence stakeholders at all levels.
• Results-Driven: Focused on achieving measurable outcomes and delivering value.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Employment Type:Full Time

Alternative Locations:Turkey : Istanbul || Turkey : Ankara || Turkey : İstanbul

TravelPercentage:0 - 30%

Requisition ID: 16846