Cash en Credit Manager @ Wilmar
Rotterdam – Full-time
The Cash and Credit Manager oversees the credit control function, cash management and forecasting, banking relations and other treasury matters. Main objectives of the role are:
You manage the Credit Control team and ensure that the liquidity and cash needs of the company are met. Also you optimize the daily cash management processes and oversee the internal controls around critical risk areas of the company in.
Olenex, a full-function joint venture between ADM & Wilmar, offers customers around the globe an extensive portfolio of edible oils and fats, from commodities to specialties, as well as superior technical support. Olenex owns and operates a specialty oils and fats facility and a palm refinery in Hamburg, Germany, as well as tropical oils processing plants in Brake, Germany and Rotterdam, the Netherlands. It also manages raw materials sourcing, trading, sales and marketing operations. In addition, Olenex markets refined oils and fats from ADM’s plants in the Czech Republic, Germany, the Netherlands, Poland and the U.K..
Your main responsibilities are:
Credit Management (50%)
You establish and manage a team that oversees the establishment and extension of customer credit and the process of collection. You yourself oversee the process of establishing and renewing counterparty exposure limits. Also you make an analysis of counterparty risk and creditworthiness. This to ensure and maintain relations with credit rating agencies and credit. Furthermore you follow up on claims, non-payment issues and insolvencies.
Risk Management and controls (15%)
You are the custodian of the Counterparty Risk policy and related procedures and controls, including bad debt management and write-off. This means you oversee, together with Controlling team, the daily foreign exchange risk monitoring process. Therefore you are responsible for internal controls around Bank Account and Payment Controls. You make sure you maintain a system of policies and procedures that impose an adequate level of control over credit and treasury activities.
Cash Management (20%)
To oversee process of daily cash forecasting, relating borrowing needs and intercompany funding, you work with the local finance team and outsourced services responsible for daily payment process. You regulate longer term forecasting and budgeting of short term debt requirements and related interest costs. Of course you ensure that sufficient funds are available to meet ongoing operational and longer term capital requirements.
Innovative solutions and value creation (15%)
By supporting, identifying and implementing innovative ways of funding through debtor financing programs, you optimize the cash management and deal with short term cash surplus. Through efficient use of bank loans and innovative solutions, you are able to also optimize the interest cost and manage interest rate risk.
Who are you?
For this position we are looking for a colleague who has a Bachelor’s or Master’s degree Business Economics, Finance & Accounting or related field; an advanced degree is preferred. You bring in a minimum of 6 years post graduate experience. In your past you’ve demonstrated progressive experience in cash management and credit control in a banking environment or the finance & control department of a medium sized commercial operation. Of course you possess excellent financial acumen and analytical skills. You have strong affinity and demonstrated experience with managing internal controls. Last but not least you are well organized and have proven project management skills.
What makes this job even more interesting?
- In addition to challenging activities Olenex also offers excellent working conditions:
- A good salary and you will receive a 13th month
- An excellent pension scheme
- Discount on a Fitness subscription at Fitland and health insurance
- 8% holiday bonus, paid in the month of May
- 30 vacation days
- Good working atmosphere in an inspiring team
- A dynamic job with room for personal initiative
- Opportunities for growth and personal development through study
- You will receive a travel allowance of 19 cents per km
Are you interested?
Do you recognize yourself in the above profile? Please send your application via the button below with your CV and short motivation.
Working at Olenex
We offer a dynamic job within an inspiring team with lots of opportunities to bring up and develop your ideas. Taking responsibility and personal development is self-evident. Additionally, we offer excellent working conditions and an attractive salary. For more information about Olenex we refer to www.olenex.com.View job description | apply online