Cash/Liquidity Team Leader

At Zentiva, we are a team of 4.800 unique talents bonded together by our common mission. We believe our diversity is a source of great energy and strength, and we create a work culture and ethics where everyone feels appreciated, can be their true selves, and contribute to the best of their ability. Seeking a balanced team across the company we welcome applications from all qualified candidates with various educational and industry experiences, cultural or ethical backgrounds, and different life experiences or abilities, regardless of their religious or philosophical beliefs or whomever they choose to love.

Cash/Liquidity Team Leader

Zentiva is a Pan-European Generic Pharmaceutical Group selling in over 40 markets and with 4 manufacturing sites. The Group generates revenues of approximately €1.3 bn. Zentiva Group with consistent growth on top and bottom line in recent years. Zentiva Group places great importance on its cash generation. Meeting the company’s cash targets will allow the company to invest further in future growth and our purpose of bringing more high quality, affordable medicines to patients who need them.

This key role in our new Global Business Support function will drive liquidity forecasting and the automation of this process ultimately to ensure a monthly cash landing in line with our targets. This role will also manage essential processes to ensure our payment procedures are set up appropriately and efficiently.

Core responsibilities:

• Drive and improve Zentiva Group liquidity forecasting to ensure full visibility of cash position of the Group for the following 10 weeks
  • Coordinate weekly submissions and review of forecasts from all Zentiva affiliate companies
  • Automation of processes to ensure most up to date data incorporated into liquidity forecast including links to SAP ERP system where possible/appropriate
  • Provide guidance for projected monthly cash landing position including main drivers for variances to Cash flow Forecast/Budget
  • Suggest required action to meet appropriate month end landing position

• Line management of Treasury AP/payments specialist and Group AR/Factoring specialist
• Handles escalations from the team and resolve complex issues and address critical topics
• Coach team members on delivering high quality Accounts Receivable service
• Define key tracking measures for liquidity forecast performance and track on weekly basis with follow up on improvements to process
• Ensure a robust AP process to maintain discipline on payments, ensuring
• Responsibility for group treasury payments interface (allmybanks) maintain the system and potential upgrades if required
• Resolve complex issues using professional judgment and business expertise

Qualifications & Experience

• Minimum 3-5 years’ experience in cash management/treasury operations with prior experience and responsibility for liquidity forecasting
• Experience in managing small team of specialists
• Prior experience in working with treasury/banking tools and ERP systems (SAP)

• Treasury/cash management certification desirable
• Full professional proficiency in English is required

Critical Competencies for Success

• Proven skills in communication in international environment
• Proactivity & proactive communication

• Capacity to move in a complex environment of project management, process owners, users’ expectations, and under financial challenges and competing priorities.
• Capable of translating technical items into clear summary for management
• Displays and promotes the standards of behaviour that are in line with the values and expectations of the organization, and demonstrates high integrity, holding himself/ herself and his/her team to high ethical standards

Other Personal Characteristics

• A self-starter, self-motivated, self-disciplined, self-assured and performance driven
• An excellent team player able to operate in a fast-paced and sometimes demanding environment
• Proactive, takes the initiative to make things happen.
• Confident and self-aware with excellent interpersonal and communication skills, both written and verbal
• Can operate with high agility in international environment

It is crucial for us to have satisfied employees. Therefore, we can offer you the following:

• Competitive salary;
• Additional benefit package;
• International working environment and a passionate team of professionals;
• Continuous Learning & Development opportunities thanks to our Zentiva Academy;
• A hybrid form of work - on-site & off-site

Diversity is a fact. Inclusion is an act @Zentiva

At Zentiva, we are a team of almost 4,800 unique talents bonded together by our mission to deliver high quality medicine to people whose lives depend on it. We strive daily to create a work culture where everyone feels appreciated, can be their true selves, and contribute to the best of their ability. Seeking for a balanced team across the company, we welcome applications from all qualified candidates with various educational and industry experiences, cultural or ethnical backgrounds, and different life experiences or abilities, regardless of their religious or philosophical beliefs or whomever they choose to love. Join our winning team! Be a part of our winning culture! Be Zentiva.