Treasury Manager EMEA

Overview

Oversee EMEA liquidity, cash, risk, funding and treasury controls for Hitachi Europe.

Key Responsibilities

• cash pooling
• hedge accounting
• treasury policy
• bank relationships
• data governance
• treasury systems

Tasks

The Treasury Manager is responsible for optimising the Group’s EMEA liquidity, funding, and financial risk management. The role leads day-to-day cash and risk operations, drives forecasting accuracy, oversees treasury controls and compliance, and partners with Finance, Tax, Legal and Business Units to support growth, M&A integration, and capital structure objectives. This role acts as deputy to the Head of Treasury for operational matters and selected external stakeholder engagement (banks, rating agencies, trustees). -Oversee treasury middle- and back-office operations: settlements, confirmations, reconciliations, KYC, mandates, bank fee review. -Manage and enhance cash pooling structures (ZBA/physical pools/notional pooling/virtual accounts) across regions; rationalise bank accounts. -Maintain and continuously enhance Treasury Policy, procedures and ICFR/SOX controls; oversee audit requests and remediation actions. -Manage hedge accounting under IFRS 9 (documentation, effectiveness testing, de-designations/rebalancing) in partnership with Group Reporting. -Lead bank relationship management: wallet review, facility utilisation, RAROC-style allocation, and service-level KPIs. -Act as deputy to Head of Treasury when required. -Establish robust data governance and KPI dashboards for liquidity, risk and performance. -Execute and monitor hedging programmes (transactional, translational, interest rate risk); ensure compliance with Treasury Policy and delegated authorities. -Partner with FP&A, Tax, Legal, Procurement, Shared Services and Business Units on M&A integrations, cash repatriation, and intercompany frameworks. -Own daily EMEA cash positioning, pooling, and intercompany funding; ensure optimal use of cash, overdrafts and short-term investments within policy limits. -Review statutory financial statements and tax return and manage filings to Chamber of Commerce and tax authority. -Ensure compliance with EMIR/UK EMIR, Dodd-Frank and other trade reporting regimes (as applicable), sanctions screening, and internal delegated authorities. -Support capital structure strategy, refinancing, and RCF/bilateral facilities; coordinate covenant compliance, agency, trustee, and ratings deliverables. -Embed cyber, payment fraud and sanctions controls in end-to-end treasury processes. -Manage, coach and develop a small team; cultivate a high-performance, control-focused culture. -Lead treasury transformation initiatives: bank rationalisation, in-house bank, payments factory, virtual accounts, and process automation (RPA/APIs). -Support product owner for TMS and related interfaces (ERP, SWIFT, market data, bank connectivity). -Supervise accountant for monthly closing and review monthly/quarterly/yearly financial statements and report it to Managements at Head quarter -Organize HIHO’s Board meeting and Annual general meeting as a role of secretary of Managing Directors and prepare documentations. -Oversee valuation, counterparty risk limits, collateral/margin processes, and ISDA/CSA documentation.

Requirements

• tms
• erp
• 8+ years
• fx/ir
• ifrs9
• leadership

What You Bring

Risk Management (FX/IR/Commodity as relevant) We’re looking for a team player, who is motivated by delivering great work and the Hitachi vision. The role will be a mixture of remote-hybrid work with 2-3 days in the Hitachi Office. The office location is Hitachi Europe Ltd, Botanica Ditton Park, Riding Court Road, Datchet, SL3 9LL -Proficient with a leading TMS and ERP. -Coping with statutory audit by registered auditor and tax audit by tax authority. -8–12+ years’ relevant treasury experience in a multinational corporate (or a mix of corporate and banking). -Commercially astute with strong analytical, problem-solving and decision-making skills. -Clear, concise communicator; strong drafting skills for policies and board materials. -Inclusive people leader who coaches and builds bench strength. -Demonstrable track record in liquidity management, FX/IR risk, cash forecasting, and bank relationship management. -Strong knowledge of IFRS 9 hedge accounting and treasury controls (ICFR/SOX); experience with audit. -Excellent stakeholder management and influencing skills, including with senior leadership and external banks. -Meticulous control mindset with the ability to simplify and automate.

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Benefits

Company Funded Benefits Benefits Package Along with a market competitive salary and discretionary bonus scheme, employees have the option to work flexibly in line with our hybrid working model and we would be happy to discuss this with you during the hiring process. Voluntary Benefits (funded by employee) including. -Gym Membership -Dental Insurance with option to include dependent children. -Personal Accident Insurance -Group Personal Pension -Dining card -Cycle To Work scheme. -A Holiday Banking scheme allowing you to bank untaken holiday to use another year. -Generous holiday entitlement - with the option to buy up to an additional week per year. -Health screening -Market competitive salary and discretionary bonus scheme -Private Medical Insurance -Employee Assistance Programme available to all employees

About Hitachi

-From its origins in heavy machinery, the company now pioneers in advanced IT, infrastructure, and industrial solutions. -Hitachi's diverse projects range from smart cities and renewable energy systems to cutting-edge digital technologies. -Known for its expertise in high-tech sectors, Hitachi has become a trusted partner for industries worldwide. -The company is renowned for large-scale, high-impact projects, including energy plants, transportation systems, and urban development. -Hitachi's commitment to innovation drives its leadership in sectors like industrial automation, transportation infrastructure, and digital transformation. -With a history of over a century, it has become a cornerstone in both traditional industries and emerging technologies.

Sector Specialisms