We are currently supporting our client Wärtsilä in the search for a Head of Market Operations and Group Funding to join the Corporate Treasury.
In this role, you will ensure that Wärtsilä’s global operations have a solid financial foundation to support sustainable growth and strategic execution. The role combines responsibilities for funding, treasury market operations, financial risk management, liquidity management and team leadership to safeguard financial stability whilst enabling the Group to achieve its strategic and financial objectives.
The role forms part of the Corporate Treasury Management Team and reports to the Corporate Treasurer. The location for this position is Helsinki, Finland.
Responsibilities:
- Lead, supervise and coach the front office team to achieve excellence in treasury, continuous learning and high-quality service for stakeholders.
- Support the Corporate Treasurer in managing relationships with the Wärtsilä Group’s financial institutions, lenders and other key financing partners.
- Manage and hedge Group-level foreign exchange, interest rate and commodity exposures, including advising on and implementing hedging strategies and hedge accounting principles in accordance with IFRS requirements.
- Maintain diversified sources of funding and ensure an adequate supply of long- and short-term funding in accordance with Wärtsilä’s policies and financial objectives, whilst mitigating refinancing risk.
- To provide Group companies with optimal internal funding solutions, taking tax considerations into account and supporting initiatives to reduce trapped cash.
- Maintain and develop tools for forecasting and monitoring liquidity requirements, whilst gaining a thorough understanding of the key factors driving the Group’s operating cash flow and working capital.
- Maintain Group and company-level credit facilities with banks and financial institutions.
- Provide treasury-related training to internal stakeholders and key contacts.
- Contribute to external reporting on the Group’s financial risks, treasury transactions and contingent liabilities, working closely with the Treasury Controller and facilitating dialogue with external auditors.
- Support the Treasury department’s compliance and sanctions dialogue, advising the business, sales and trade compliance teams as required.
- Continuously develop processes, systems, tools, reporting and presentations relating to market operations, the in-house bank and trade finance, and actively participate in Treasury development projects.
Requirements:
- An MSc in Finance or equivalent relevant qualification, and a strong, proven track record in funding and market operations in a similar role, with at least five years’ relevant, role-specific experience within a large corporation or bank, in a multinational environment.
- Proven hands-on experience in foreign exchange and interest rate hedging, derivatives and money markets. Experience in commodity hedging is considered an advantage.
- Proven hands-on experience in group funding operations and short-term liquidity management.
- In-depth knowledge and experience of financial markets, debt capital markets, LMA-based loan documentation, financial instruments and mark-to-market valuation methodologies.
- Ability to engage in professional dialogue with banks and financial institutions.
- A positive, team-oriented mindset, with a willingness to go the extra mile, support change and handle challenging situations.
- Excellent interpersonal skills and the confidence to engage in professional dialogue with staff at all levels of the organisation, as well as to provide training, advice and coaching within one’s own area of expertise.
- Strong communication and presentation skills.
- The ability, willingness and experience to lead development initiatives and projects within one’s own area of expertise.
- A strong knowledge of treasury management systems and market data services, such as Refinitiv and Bloomberg. More than a basic knowledge of the Quantum treasury management system is considered an advantage.
- Knowledge of the IFRS rules applicable to treasury activities.
- A solid command of written and spoken Finnish and English in a professional context. Knowledge of other languages is regarded as an advantage.
- Availability and willingness to work on-site, as this role requires regular physical presence and is not suitable for remote working.
- The successful candidate will undergo a security clearance, and any findings may result in dismissal without notice.
Success will be measured by KPIs such as:
- Employee satisfaction score
- Internal customer satisfaction score
Interested candidates are invited to apply by 14 October with a CV.
For further information, please contact Niko Tikkanen (niko@equitatalent.com(040 550 9416) or Timo Leinonen (timo@equitatalent.com(/0400 793 073).
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