ICE CREAM – Treasury Analyst / Senior Treasury Analyst

Note: Deadline for applying is 23.59 the day before the Job Posting End Date. 

UNILEVER IS LOOKING FOR AN ICE CREAM – Treasury Analyst / Senior Treasury Analyst

Location: Weena/ Amsterdam, The Netherlands

Full-time   

Local conditions apply  

For the recruitment of this position, we would like to emphasize that local conditions apply to the position and for this vacancy in principle we will consider candidates based in the set locations. If you are based outside of these locations and you are interested to apply, please feel free to do so but at this stage we will not take your application forward. We will only consider your application if a decision is made to also recruit outside of the set locations. 

ABOUT ICE CREAM: Life Tastes Better With Ice Cream 

Unilever Ice Cream is the largest global Ice Cream Company in the world, with over 100 years of experience delivering a diverse range of indulgent, yet responsible, craft food experiences and treats delighting consumers. Committed to innovation, quality, and sustainability we have 35 brands, including 3 one billion Euro brands (Magnum, Wall’s, Ben & Jerry’s), a strong presence in over 60 countries, generating annual revenue of €8 billion. All brands are driven to transform moments into memories through indulgent yet responsibly made and marketed products. We have a well-developed strategy to deliver growth and value creation which is clear on where to play and how to win. 

We are investing to unlock the full growth potential of Ice Cream as a standalone entity, once we separate from Unilever, which is planned to happen by November 2025. Ice Cream has distinct characteristics from Unilever’s other operating businesses and the growth potential of Ice Cream will be better delivered under a different ownership structure.  

Ice Cream Finance: Leading for a winning, trusted and investible global ice cream market leader 

This is your chance for a ‘once in a lifetime’ career experience, playing a part in the creation of a fully independent, new Ice Cream organisation. 

We are seizing this unique opportunity to reset the role of Ice Cream Finance. Together we will become the best and most admired finance team in the world, and we’ll do this by focusing on value creation, trailblazing future-fit financial processes and technology, and by becoming a training ground for financial craftmanship that will be the envy of everyone.   

Just imagine the benefits of working within a single category, where everyone and everything is laser-focused on the same goal, where there's opportunity to develop deep and wide understanding of the business economics and international ecosystem of a single category, and to translate that into value creation.  

The role of Ice Cream Finance in this momentous moment is staggering, exciting, and yes...a little daunting, which is why we are looking for empowered and accountable decision makers who are keen to take on end-to-end responsibility; if you are a self-starter who identifies opportunities, takes initiative, and innovates to create value, who is proactive, resourceful and comfortable with challenge and uncertainty, you will thrive with us. In return, you will be rewarded with a rich finance role, no matter where you are in your career, and within an environment that’s both fulfilling and fun...after all, life tastes better with Ice Cream!

JOB PURPOSE: 

We are seeking proactive Treasury Analysts/Senior Analysts (multiple roles) to join the treasury team for our newly independent ice cream business. These roles are crucial in the treasury team ensuring our financial stability and liquidity as we transition into a standalone entity.

In addition to delivering expertise encompassing the traditional treasury areas of financial risk management, liquidity management and capital management, the new Ice Cream treasury team will reflect the principles of end-to-end ownership, collaboration, simplification and automation, to support our global operations to enable business growth.

The Analysts will report to one of the Heads of three core functional treasury areas: Cash, Liquidity & Banking Ops; Debt & Capital Funding; and Derivatives & Risk, and play key roles in their team and across the wider treasury group.

Candidates may indicate their preference for particular functional Treasury area(s). Initial placement may be determined by best fit (skills, experience, aptitude, etc.) within the wider treasury team, with rotational assignments and cross-team opportunities anticipated as the team develops over time.

WHAT WILL YOUR MAIN RESPONSIBILITIES BE?

We are looking for candidates who, depending on their previous experience, skills and qualifications, will be able to contribute to one or more of the core areas below. The list is not exhaustive, nor do we expect candidates to have all the capabilities in these areas.

• Derivatives & Risk Management

• Support the hedging strategy and commercial risk management, including interest rate, foreign exchange and commodities risks, and treasury credit/counterparty exposure

• Support complete accounting and reporting for all treasury transactions and derivatives

• Support preparation of analysis/commentary/insights into derivatives transactions and exposures

• Collaborate with Supply Chain/Procurement to forecast cash needs relating to commodities derivatives hedging and settlement

• Support treasury process mapping and documentation, treasury controls framework and control systems, audits and other risk management activities

• Ensure internal and external compliance with all relevant financial regulations and internal policies, including IFRS9, Sox.

• Cash & Liquidity Management

  • Coordinate cash and liquidity, treasury-related payments, commercial paper program and investment of surplus cash

  • Operate cashpools

  • Execute daily liquidity and FX processes

  • Execute trades for interest rate and cross currency

  • Own and resolve time sensitive issues (e.g., FX settlement, cash movements), and know when to escalate

  • Comply with all relevant controls, policies and regulations

  • Maintain and improve short term cash forecast

  • Carry out variance analysis and work with operating companies to drive improved cash forecasting

  • Prepare and improve cash, liquidity and banking ops reporting

  • Maintain relationships with transactional banks

  • Own and administer banking: one stop shop to open/close bank accounts, maintain bank signing authorities, letters of credit & bank guarantees, etc

  • Leverage technology solutions to improve and automate processes

• Debt & Capital Funding

  • Maintain and improve medium/long term cash forecast

  • Align LT cash forecast with budgets/plans

  • Support annual funding plan, execution of debt issuance and related hedging activities (e.g., interest rate and currency swaps)

  • Instruct treasury-related cash movements (interest, drawdowns, funding, dividends, etc), commercial paper program, investment of surplus cash, and debt

  • Support working capital initiatives

  • Prepare and improve debt and capital funding reporting

  • Prepare and maintain ISDAs, RCFs and other credit facilities and agreements

  • Maintain relationships with lending banks and rating agencies

  • Liaise with various functions inside and outside the business including Legal, Investor Relations, Finance

  • Leverage technology solutions to improve and automate processes

EXPERIENCE YOU SHOULD HAVE/THE QUALITIES WE LOOK FOR

Experiences & Qualifications 

• Educational Background: Bachelor’s degree in Finance, Accounting, Economics, or a related field.

• Experience: Two or more years of proven experience in a corporate treasury organisation, trading bank, commodities house or similar. Preferably in a complex, multi-currency organisation. May consider exceptional candidates with less experience, for example, if you interned in a relevant role.

• Technical Skills: Strong understanding of financial and/or derivatives markets and instruments (commodities, interest and currency hedging), preferably within treasury operations. Proficiency in modeling. Competence with treasury-related IT systems – please list these.

Must have competencies 

• Analytical Skills: Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and make informed decisions. 

• Leadership: Demonstrated self-leadership and contribution to high-performing teams. 

• Communication: Strong verbal and written communication skills, with the ability to effectively interact with internal and external stakeholders. 

• Project Management: Proven ability to manage multiple projects simultaneously, with a focus on delivering results in a fast-paced environment. 

• Attention to Detail: High level of accuracy and attention to detail in all aspects of work. 

• Adaptability: Ability to adapt to changing business needs and work effectively under pressure. 

• Ethical Standards: High ethical standards and integrity, with a commitment to maintaining confidentiality and professionalism. 

WHAT IS IN IT FOR YOU?  

 Unilever is the place where you can be yourself and bring your purpose to life with the work that you do – creating a better business and a better world. We offer an exciting & dynamic work environment where you can make things happen. Furthermore, we offer some great reward and benefits!   

• Attractive total remuneration package; excellent company pension, bonus and share scheme.  

• Flexible cross-disciplinary career opportunities and a wealth of training opportunities & wellbeing resources whenever and wherever.   

• Plenty of company-paid holidays to further ensure your work-life balance is maintained.   

• We encourage an inclusive culture, which comes to life with interchangeable public holidays, paid paternity leave of 6 weeks and our transgender policy.   

• Under the Hybrid Working principles, you will be expected to spend a minimum of 40% in the office or at customers, suppliers or partners to connect and collaborate.  For the time you work from home, we will ensure you are well equipped. When you are at the office, you can enjoy our tasty canteen with prepped food and own products. 

• Informal culture and being the first one trying our new products.    

• My Fitness Plan (reduction on your Fitness Subscription).  

• Home work allowance 

• Company laptop and mobile phone 

• Green Mobility Policy 

EXCITED?  

Join Unilever and our team! To apply, you must do so online. Please do not forget to upload your CV and a motivation letter.  Your application will be reviewed against our requirements and we will be in touch shortly after the closing date to provide you with an update on the status of your application.  

Looking forward to meeting you!    

Please note this is a Direct Search led by Unilever. Applications from agencies will not be accepted, nor will fees be paid for unsolicited CVs.   

Equal Opportunity Employer: Unilever is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, disability, age, parenthood, pregnancy or any other basis protected by applicable law, and will not be discriminated against.   

By highlighting the gender diversity at the workplace, Unilever encourages women equally men to apply. If you look for a job after a long career break or after any type of leave, do not hesitate to apply.  

NOTE: Please save a copy of this vacancy for personal use as it will disappear from the website after closing of the role.