Treasury Specialist

Position: Treasury Specialist

Location: Madrid

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INSUD PHARMA operates across the entire pharmaceutical value chain, providing specialized knowledge and experience in scientific research, development, manufacturing, sales, and marketing of a wide range of active pharmaceutical ingredients (API), finished dosage forms (FDF), and branded pharmaceutical products, adding value to human and animal health.

The activities of INSUD PHARMA are organized into three synergistic business areas: Industrial (Chemo), Branded (Exeltis), and Biotech (mAbxience), with over 9,000 professionals in more than 50 countries, 20 state-of-the-art facilities, 15 specialized R&D centers, 12 commercial offices, and more than 35 pharmaceutical subsidiaries, serving 1,150 customers in 96 countries worldwide. INSUD PHARMA believes in innovation and sustainable development.

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What are we looking for?

We are looking for a dynamic and proactive professional to optimize financial flows in the short term and support the Treasury Manager in medium and long-term management. If you have the skills to plan, make strategic decisions, and execute financial actions, we want to meet you!

Responsibilities

• Prepare and review daily treasury position reports, including expected balances, amortization tables, interest rates, and exchange rates.
• Plan, decide, validate, and execute remittances of payments, account transfers, short-term investments, and loan agreements.
• Ensure the correct composition and execution of remittance payments sent to banks, including confirmations, taxes, checks, bank checks, promissory notes, documentary remittances, letters of credit, credit cards, and direct debits.
• Monitor and verify that the interests, commissions, and bank charges paid align with the negotiated and agreed conditions with banks.
• Address and resolve any incidents or bank errors arising during the execution of payments or receipts.
• Support external audit requirements related to the Treasury area, including providing extracts of current accounts, bank circularization, and process tracking.
• Manage funding requests for the Group (both national and international) and calculate amortization tables.
• Oversee online banking operations.
• Maintain and enhance the Treasury Management System (SAGE XRT Advanced), ensuring compatibility with SAP.
• Organize and archive all types of financial contracts with banks or third parties, including current accounts, bank guarantees, policies, and financings.
• Collaborate in funding acquisition processes, preparing the necessary information for financial institutions, such as audits, bank pool details, and corporate structure.
• Monitor FX risk exposure of the headquarters and its affiliates, using forwards and other derivatives in our FX platforms.
• Assume the role of key user in the different treasury process improvement projects, working in collaboration with Spanish and foreign stakeholders (external and internal).
• Prepare the ETE report for the "Banco de España" of the headquarters and its affiliates.
• Collaborate in the preparation of the Cash Flow report, ensuring that all bank transactions are correctly classified.

Qualifications

• Education: Bachelor's degree in Business Administration, Economics, or a related field. A Master's degree is advantageous.
• Languages: Fluent in Spanish and English. Proficiency in additional languages is beneficial.
• Experience: At least 8-10 years in Treasury Management roles within banks or industrial companies, with expertise in debt management, derivatives, and international fundraising.
• Specific Knowledge: Advanced proficiency in SAP and SAGE-XRT.
• Travel: Willingness to travel as required.
• Personal Skills: Strong business acumen and cash management orientation, excellent organizational, analytical, and interpersonal skills.

Our benefits!

1. Flexible start time from Monday to Friday (full-time).
2. Permanent contract.
3. Attractive salary package.
4. Life and accident insurance.
5. ️ Ticket restaurant
6. On-site medical service
7. Benefits and Savings Club.
8. Training and language learning platform
9. ️ Wellness platform with unlimited free psychologist sessions
10. Cabify transportation service for employee use
11. Development plans, internal mobility policy.
12. Many more!

What will the Selection process be like? ️

️ Stay tuned to your phone and email! The first thing we will likely do is contact you through one of the two channels.

️ Prepare well! We will continue with an in-person/virtual interview depending on availability and what we agree upon; there may be one or two interviews in the process, and depending on the type of process, there may also be some kind of test.

️ Wait for the result! We care that you feel guided throughout each selection process and know what to expect from us, so we will always try to inform you of the status of the process.

Do you think this offer is not for you?

Follow us on social media like LinkedIn/Instagram and stay tuned for any offers we may release; the opportunity to be a new Insuder is waiting!

COMMITMENT TO EQUAL OPPORTUNITIES

The InsudPharma group is aware that business management must align with the needs and demands of society, and therefore assumes the commitment to equal opportunities and treatment between men and women, as stated in the current regulations on the matter - Organic Law 3/2007, and we do not discriminate against any person on the grounds of ethnicity, religion, age, sex, nationality, marital status, affective or sexual orientation, gender identity or expression, disability, or any other personal or social circumstance.