Your Mission Should You Choose To Accept It:
The Social Hub is looking for a Treasury Manager to join the Treasury team to help further build and professionalize the Treasury function in the company. In this role you will be responsible for the day-to-day management of the cash – and liquidity position of the group and all its subsidiaries across Europe. Important targets are to improve and automate cash flow forecasting and the establishment of high-quality treasury management information reporting. Also, you will be increasing the efficiency of the existing cash management landscape by reducing the number of banks TSH is working with across Europe and by optimizing a pan European cash pool. Finally, you will be contributing to large (re)financing projects across Europe.
The position is suited for an experienced treasury professional that is keen to use his or her knowledge to build up a high-class treasury function in a very dynamic and fast-growing international hospitality and real estate investment company.
You will be based at our office in Amsterdam where you’ll join the Capital Markets and Treasury team. You will report to the Director Capital Markets and Treasury, while working closely together with other finance teams such as Corporate Finance, Accounting as well as the Tax and Legal teams.
In Case You Don't Know Who We Are...
Known for being the rule breakers in hos pitality, TSH is a fun, creative and inspiring environment where everyone can work , stay, learn and play and most importantly – be themselves. As a n employer we look, act and think like a hotel, but instead we off er a lot more. Think student accommodation , l ong and short stay options , gyms, talks, events, rooftop bar and eat & drink escapes as well as community and coworking spaces. Located in T he Netherlands, Germany, Austria, Italy, France and Spain with several new openings on the way , this hybrid hospitality concept may ta ke root in the heart of Europe , but our plans are set for going global.
What You'll Do
Monitor day to day liquidity position of the group and ensure there sufficient funding available within all subsidiaries throughout Europe
Request equity funding from our shareholders on Group level if necessary and organize, execute, and document (inter)company funding
Set up and automate short term cash flow forecasting and provide input to Corporate Finance to create longer term cash flow forecasting
Optimize and manage a pan-European cash pooling solution
Actively manage excess cash positions in the group and optimize return
Manage group bank accounts and day to day relationship with our cash management banks, negotiate improved terms and conditions for cash management and deposits
Maintain intercompany and bank loan, cash, deposit, hedge instrument, and (corporate) guarantee positions in Kyriba, record movements, and reconciliation on these positions and movements with accounting.
Create and own a treasury management dashboard in Kyriba
Monitoring of interest rate and FX risk, setting up and running periodic sensitivity reports
Manage weekly payment process, management of FX positions (spot and forward)
Issuance of bank guarantees to support our European developments
Support the Capital Markets team in sourcing of new debt facilities and day to day management of the existing debt portfolio including KYC process requirements
Co-ownership of the group Treasury Management Policy together with the Director Capital Markets & Treasury
Ad hoc Treasury support on specific finance projects (Acquisitions, disposals, tax related a.o.) within the broader finance team beyond the scope of regular treasury activities.
Who You Are
>5 years of relevant experience in an international Treasury environment in a large or medium sized company. Experience working in an asset heavy company and / or a private equity owned company is a plus
Masters degree in Finance, (Business) Economics, or Accounting
Hands on experience in setting up cash flow forecasting and treasury reporting
Familiar with cash management and cash pooling documentation
You have an analytical mindset, a structured way of working, a strong attention to detail, and you are energized by continuously looking for ways to improve the efficiency and way of working in the treasury team
Excellent communicator (verbal and written), ability to adjust style of communication to both an internal as well as an external (banks, shareholders) audience
Highly skilled in Excel, experience with (the reporting module of) KYRIBA is a strong plus for this role
Fluency in English is essential, command of either Italian, French, and or Spanish is considered a plus
Willingness and ability to coach more junior team-members
What We Offer
The opportunity to work at a dynamic, multi-national company. Not just another hotel - we’re a game changing innovator, challenging every convention and defining the future
The chance to learn and grow in your role with the potential for future growth
Awesome discounts in all our properties in Europe and not just for you, but also for your friends and family!
A wonderful workplace to call home, full of events, fun colleagues and all the other amazing salary/benefits stuff
We’re curious, conscious, and we celebrate all. We bring people together and are committed to providing the best space, experience and workplace for our entire connected community - no matter what age, gender, sexual orientation, ethnicity, national origin and all the other fascinating characteristics that make us different and makes you you.
