Zone Cash Manager

Zone Cash Manager

Michelin is hiring!

- - - - - - - - - - - -

Mission:

The Europe Cash Manager leads and develops a team of 14 professionals within the Michelin Corporate Business Services in Bucharest. Their mission is to ensure the organization and execution of all payment and collection processes, manage accounts and banking services, and optimize liquidity and associated costs (bank fees and interest charges) while ensuring strict compliance with internal control standards.

What we’re looking for:

• Academic background and 5+ years of experience in finance (treasury, accounting, controlling, taxation, etc.) are required;
• Extensive interactions in a European scope require fluency in English and strong interpersonal and communication skills;
• Previous experience on liquidity structure optimization initiatives, identifying optimizations and banking negotiations, pan-European banking call for tenders, security of cash management processes;
• Previous managerial experience (3+years);
• Rigor, integrity, and transparency;
• Strong internal control mindset;
• Very good communication skills;
• Business understanding, flow modeling, analytical, strong synthesis skills required;
• Economic studies;
• A “Lean & Agile” culture and/or project management experience would be a plus.

The Zone Cash Manager’ s responsibilities:

• Manage the execution of flows and ensure the liquidity of companies;
• Manage and Develop the Team (14 People);
• Manage Banking Relationships;
• Ensure Compliance of Operations;
• Drive Performance and Continuous Improvement;
• Forecast, optimize and guarantee the liquidity of the companies in the scope  ;
• Forecast all payment flows (suppliers, payroll, taxes, financial flows) and collections over the short and medium term, in collaboration with internal stakeholders (AP, AR and GL accounting, payroll services, credit managers, tax teams, financial directors, etc.);
• Guarantee the proper execution and security of payments and collections, consistent with Group standards;
• Serve as the main contact for banking partners in the region for all treasury activities;
• Define optimal banking structures and negotiate local banking services at the best possible price;
• Organize and ensure the regular updating of banking authorizations for the entire team, in strict compliance with Group standards;
• Administer (in dual control when necessary) e-banking systems;
• Guarantee the compliance of all operations with regulatory requirements and internal control standards, ensuring auditability for both internal and external audits (e.g., external auditors, tax authorities);
• Create a working environment that fosters accountability, collaboration, and autonomy within the team;
• Ensure the team has adequate resources;
• Support the professional development of team members (feedback, training, people review, etc.);
• Develop and implement, in collaboration with the zone treasurer and team, a progress plan for European Treasury: define priorities, communicate goals, allocate responsibilities and workload, support the team in achieving results, and track progress;
• Contribute to the creation and maintenance of operational tools (e.g., short- and medium-term forecasts);
• Analyze performance with the team and co-create action plans as needed;
• Participate in Group projects related to treasury activities and tools (e.g., Oracle deployment);
• Support the implementation of payment and collection solutions required for business needs (e.g., card payment systems, direct debit solutions, corporate card programs);

In Michelin we offer:

• Flexible work schedule and home-office options
• A customizable benefits package with options to choose: gym access, medical or dental services, private retirement pension, deduction of public transport costs, cultural activities vouchers etc.
• Private medical subscription;
• Life insurance;
• Lunch vouchers and discounts;
• Deduction of vacation costs.

How we recruit:

Once you submit your application, one of our recruiters reviews it. If your profile fits our role:

• We have a phone call to get to know each other;
• We hold assessments to see your language skills and competencies;
• We meet in a face to face (or online, depending the context) interview, with a recruiter and the hiring manager.

Pass all stages with flying colors, and we’ll send you our offer.

LET’S INSPIRE MOTION FOR LIFE

Where do success and ideas come from? We strongly believe they come from collective intelligence.

Our talents, people and employees are the source of purposeful and sustainable innovations. That’s why we care about developing and enhancing their strength, and we ensure them a tailored professional journey across units and countries.

What drives us is the spirit of unlimited innovation, which we all possess. Our goal is to cultivate and nurture that spirit, by questioning the status quo, improving our way to do things. Therefore, we are always optimistic as to overcome the challenges of tomorrow.

That’s our mission as an employer: inspiring innovation in all of us, to build a better life in motion for you and for everyone.

Michelin, a leader in the field of tires, is dedicated to sustainably enriching the mobility of goods and people through the production, distribution and marketing of tires for each type of vehicle. It also offers innovative business support services, digital mobility services and publishes travel, hotel and restaurant guides, maps and atlases. Michelin has over 4500 employees in Romania: 3 factories (2 in Zalău and 1 in Florești - Prahova), as well as a commercial network, and a center for shared services, in Bucharest. The office in Bucharest also hosts the coordination center for the Central Europe and Central Asia region.

#LI-Hybrid