Head Of Treasury

The Company

Zentiva is a Pan-European Generic Pharmaceutical Group and operates in 35 countries with a network of 31 subsidiaries and 7 branches. More than 1 900 commercial team members serving physicians, pharmacists and healthcare decision-makers every day. 152 molecules and combinations were launched in 2022, opening affordable access to high-quality medicines. Zentiva has 3 flagship manufacturing sites (Czech Republic, Romania, India), 2 R&D sites in Prague, Czech Republic and Ankleshwar, India and produces around 500 molecules in its key therapeutical areas – Cardiology & Circulation, Respiratory, Oncology, CNS, Diabetes and OTC. The Company is Private Equity owned, delivering sustainable double-digit growth, with an ambitious 5-year plan for further strong (organic and inorganic) growth and expansion across Europe. 

At Zentiva, we are a team of almost 5,000 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.

Zentiva welcome qualified candidates with independent of educational and industry experiences, cultural and ethnical backgrounds, life experiences and abilities, religious and philosophical beliefs, or whomever they choose to love.

JOB DETAILS for:

Head of Treasury

MISSION STATEMENT

Reporting to CFO, the Head of Group Treasury leads the Treasury team to manage liquidity, safeguard financial stability and support Zentiva’s objectives.

MAIN ACCOUNTABILITIES AND DUTIES

• Managing cash and liquidity across the Group, including liquidity planning, ensuring both external and internal flow of funds including optimal allocation of funds
• Working closely with the business to minimize financial risk, analysing, structuring and performing appropriate FX and interest hedging,
• Monthly reporting of all treasury activities, their analysis and proposed actions,
• Drive reliable short and annual cash forecasting including triggering and follow up of corrective actions
• Manage Group’s treasury- financial risk an insurance policies,
• Introduce and run state of the art treasury management system
• Build and Optimize global cash pool
• Manage relationships with Group’s banks and insurers,
• Ensure compliance with financial regulations and reporting requirements,
• Manage the Group’s debt structure, analysing, structuring and executing appropriate refinancing, repricing and similar activities in coordination with the Group’s shareholders on a case by case basis
• Drive improvement projects to ensure efficient and effective performance of the Treasury function.
• Lead a small team of experts

Key Requirements

• Master’s degree in Finance or a similar area,
• 10+ years’ experience in a similar role, with a strong background in businesses owned by private equity,
• Experience with private equity refinancing and exit processes,
• Experience in treasury accounting including FX, liquidity, cash flow and various financial instruments,
• Experience in pharma industry preferrable,
• Strong analytical skills and high attention to detail,
• Agility, prioritisation and focus,
• Excellent interpersonal and communication skills, with the ability to build relationships with different stakeholders.

Location

Prague