Treasury Manager - Central Europe

Date Posted : 2024-02-23

Country : Germany

Location :

Unternehmenszentrale (HQ), Berlin, Germany

Job Title

Treasury Manager - Central Europe (m / w / d)

At Otis, we’re dedicated to reinventing the way people move. As cities reach impossible heights and the digital revolution transforms daily life, our customers are looking to Otis for new ways to keep their world moving. As always, we're ready – with a bold vision of the future and the groundbreaking technology to make it happen.

Role Overview :

The Treasury Manager will work with other company departments to produce monthly cash forecasts and to calculate and cover foreign exchange risk. This role includes managing bank accounts and local banking relationships. You will participate in regional treasury projects and lead special treasury projects locally and, potentially in the central EMEA area (Germany, Austria, Switzerland, Czech Republic). The Treasury Manager will propose dividends by the joint ventures to their parent companies. You will report to the Director - Treasury Operations EMEA who will provide you with access to mentorship, training growth and development opportunities across our highly resilient, world changing business.

On a typical day you will :

• Prepare / Review the companies’ monthly cash forecasts and, when necessary, provide updated reporting in the on-line tool dedicated to international treasury management.
• Ensure that bank account information is reported accurately in company on-line account management tool.
• Work with local partnership banks to implement new banking agreements including those related to cash pooling and credit facilities.
• Review and document the company’s foreign exchange exposure resulting from purchasing & sales contracts in foreign currency. Cover foreign exchange exposure in accordance with company policy using on-line treasury tools.
• Perform liquidity analysis of company joint ventures and, working with their respective general managers, propose dividend distribution using the on-line dividend tool. Once approved, coordinate with the Legal Dept. to ensure the completion and communication of required documentation.
• Drive and Manage treasury projects both locally and throughout the eastern EMEA region.
• Provide regular updates of local treasury activities to the Director – Treasury Operations EMEA.

What You Will Need to be Successful :

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with aproven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.

When you join Otis, you become part of an innovativeglobal industry leaderwith a resilient business model. You’llbelong to a diverse,trusted,and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.

We provideopportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.We are guided by our values that we call ourThree Absolutes –prioritizing Safety, Ethics, Qualityin all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click .

Become a part of the Otis team and help us #Buildwhatsnext!

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