Senior Cash Manager

Do you have relevant experience in a large corporate treasury, bank, or financial institute? Are you passionate about driving efficiency improvements? Is working in a high-paced international setting as part of a motivated team something you would enjoy? 
 
Then you could be our next ...

 
Senior Cash Manager

SKF’s purpose is to together, re-imagine rotation for a better tomorrow. SKF offers solutions around the rotating shaft, including bearings, seals, lubrication management, condition monitoring, and maintenance services. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in SEK are around 100 billion and the number of employees is over 40,000.
 
SKF Finance is currently going through an exciting transformation with a clear Finance strategy roadmap. Finance will have a powerful role related to a lean, efficient, and digital environment, and we are aiming to be on the front line of next-generation Business Finance. 
                                                                                                                                   
SKF Group Treasury plays an important role in the transformation to be a strategic business partner and drive efficiencies in the Treasury processes with the help of new digital opportunities. 
 
As a Cash Manager within Group Treasury, you will be part of a professional Treasury team, with the overall responsibility of all financial risk management like currency, funding, capital structure, and post-employment asset and liability management. Treasury is also responsible for safeguarding efficient and safe processes related to payments and cash management across the SKF Group. You will be responsible for developing and maintaining cash management infrastructure in the SKF Group and stay updated on market trends in this area. You will also play an important role in promoting continuous improvement and embracing new technological solutions within Treasury Operations. 
 
Key Responsibilities

• Making sure cash management structures are maintained, optimized and up to date and advise business with their cash management needs
• Perform RFI/RFQs for cash management related services and manage agreements and related bank documentation 
• Maintain good knowledge of restrictions and regulations that impact cash management operations in the scope of SKF geographical coverage
• Investigate and resolve any issues with bank set ups.
• Take part in setting the strategy for SKF Group regarding cash management services and infrastructure. 
• Maintain and develop user administration processes in e-banking tools and payment hub. 
• Work together with other parts of SKF Finance to ensure efficient ways of working related to cash management infrastructure and joint end-to-end processes. 
• Actively participate in the development and enhancement of treasury processes and procedures.

 
What we expect you to have/be...

• University degree in finance or similar.
• Relevant work experience in a large corporate treasury or bank. 
• Experienced in implementation of complex cash management structures.
• A solid understanding of international payments and financial instruments. 
• Proactive and independent, capable of performing work with minimal supervision
• Fluency in Swedish and English, both written and spoken. 
• Negotiation and relationship building skills

 
You will enjoy working here if you... 

• Are proactive, structured, and a good team player. 
• Have strong business acumen and high integrity/ethics 
•  Are effective and clear in your communication and enjoy taking own initiative
• Have project leader skills and structured way of working
• Enjoy working in a fast-paced environment and have a flexible mindset

 
SKF is committed to creating a diverse environment, and we firmly believe that a diverse workforce is essential for our continued success. Therefore, we only focus on your experience, skills, and potential. Come as you are – just be yourself. #weareSKF 

Our offer
We offer an opportunity to make a difference together with a highly motivated team, working for the greater good of SKF.
 
Additional information 
This position will be located in Gothenburg, Sweden, on a local contract. Please note that we will not be providing support with relocation.

You will report to Susanne Stenborg, Head of Treasury Operations, Group Treasury SKF. 

For questions regarding the recruitment process, please contact Josefin Nelson, EMEA Recruitment Specialist, at Josefin.nelson@skf.com Please note that we can't accept applications via email.

Is this you? 
If the answer is yes, submit your application no later than September 25, 2024. 

Interviews might be held throughout the posting period, so please submit your application as soon as possible.