Global Head of Treasury

Multinational Food and Beverage group is looking for a Group Head of Treasury based in Madrid.

He/she will be responsible for overseeing the Group's liquidity management, cash flow forecasting, banking administration, and treasury governance processes. The role ensures the efficient management of cash resources across the organization, maintains strong banking relationships, and supports corporate funding activities and information requests from lenders, financial institutions, and internal stakeholders.

This position plays a key role in safeguarding the company's financial assets, optimizing liquidity, enhancing treasury controls, and supporting strategic financing initiatives

The Treasury & Cash Management Manager is responsible for overseeing the Group's liquidity management, cash flow forecasting, banking administration, and treasury governance processes. The role ensures the efficient management of cash resources across the organization, maintains strong banking relationships, and supports corporate funding activities and information requests from lenders, financial institutions, and internal stakeholders.

This position plays a key role in safeguarding the company's financial assets, optimizing liquidity, enhancing treasury controls, and supporting strategic financing initiatives.

Key Responsibilities

Cash Flow Management & Liquidity Planning

• Lead the weekly cash flow review process across group entities.
• Consolidate and analyse short-term and medium-term cash flow forecasts.
• Monitor actual cash performance against forecast and identify risks and opportunities.
• Provide regular liquidity reporting and recommendations to senior management.
• Support working capital optimization initiatives across the Group.

Treasury Operations

• Monitor daily cash positions and liquidity requirements.
• Oversee cash pooling and intercompany funding arrangements where applicable.
• Coordinate fund transfers and treasury-related transactions.
• Ensure efficient management of bank accounts and cash concentration structures.
• Support foreign exchange exposure monitoring and treasury risk management activities.

Banking Governance

• Own and maintain the Group's bank governance framework.
• Manage bank account opening, closing, and maintenance processes.
• Administer e-banking platforms and bank access controls.
• Ensure proper segregation of duties and compliance with internal control requirements.
• Maintain authorized signatory records and banking documentation.

Banking Relationship Management

• Serve as the primary liaison with banking partners.
• Coordinate responses to banking information requests, KYC updates, compliance reviews, and account administration matters.
• Support negotiations related to banking services and fee arrangements.
• Maintain effective relationships with existing and prospective banking partners.

Financing Support

• Support funding initiatives, refinancing projects, and banking facility renewals.
• Prepare treasury information packages required by lenders and financial institutions.
• Coordinate financial information requests related to loans, credit facilities, and trade finance arrangements.
• Assist in the preparation of financing presentations and supporting documentation.
• Collaborate with FP&A, Accounting, and Business Units on funding requirements.

Treasury Controls

• Ensure compliance with treasury policies, banking regulations, and internal governance requirements.
• Support internal and external audit requests related to treasury activities.
• Develop and enhance treasury procedures, controls, and reporting processes.
• Participate in treasury system and process improvement initiatives.