AXA is becoming a sustainable tech-led company and at AXA Group Operations we are one of the major catalysts for this transformation.
We set the tone by triggering and empowering the evolution of our insurance business model through technology and innovation, driving its concrete implementation globally at speed, with a high quality of advisory and execution.
We are present across 17 countries with committed, highly qualified teams. We leverage technology, data, sourcing, security and investment allocation in a global way, but also achieve economies of scale and synergies when necessary.
At AXA Group Operations, we want to be recognized in three fields of action:
- State-of-the-art Data Technology to drive customer experience
- State-of-the-art Procurement & Sourcing to drive efficiency and better manage risks
- High-Performing Global Team for stronger partnerships with AXA entities
You will join AXA Group Operations Finance. This division drives and monitors Group Operations strategic plan, sets budgets and efficiency targets, follows up and controls actuals versus budget targets, while providing timely, accurate and adequate financial information to enable thorough decision-making and ensuring compliance with local regulations.
Our main missions:
·Drive and monitor AXA GO strategic plan, budgets and efficiency targets. Track and control actuals compared to budget targets
·Establish and maintain cost accounting for AXA GO
·Define mechanisms for cost recharging to Entities, set rules to account for the financial implications of services provided, and monitor cash management
·Prepare and provide financial statements in compliance with regulatory requirements, ensure adherence to local and international tax regulations
·Coordinate and manage M&A projects (divestitures, internal transfer, business transfer) at AXA GO level
Our division is composed of several departments with respective accountabilities:
·Controlling
·Commercial Finance
·Accounting
·Corporate Finance
·Finance Transformation
Within the Accounting Department, Central Treasury is part of Accounting Consolidation team, which gathers two other teams with transversal missions across AXA GO entities (Operational Accounting and IFRS Consolidation).
Overview of the job
The Treasury Expert will be responsible for performing day-to-day central treasury and financing activities for AXA GO. This includes playing a critical role in overseeing the company’s cash and liquidity, ensuring the company has sufficient working capital to support its operations and strategy.
Main missions
Cash & Liquidity Management
Control bank account balances and monitor global cash positions on a daily basis
- Administrate the internal cashpooling to ensure optimal liquidity between funding requirements and investment opportunities
- Execute monthly intracompany netting campaigns
- Produce accurate mid to long term cash forecasts in collaboration with various departments
Develop statistical cash forecasting models
- Administrate Treasury Management Systems (Kyriba and Anaplan) as well as web banking tools
Capital Structure & Financial Analysis
- Analyze balance-sheet, compute financial ratios and provide evolution explanations
Elaborate action plan if needed
- Contribute to the definition of an optimal financial structure and refinancing strategy
- Produce quarterly cash flow statements and dividends distribution proposals
- Collaborate with Accounting teams to explain Financial Result main drivers during quarterly closings
Financial Market Risk Management
- Determine FX risk exposures and understand drivers of the exposures
- Propose and implement hedging strategies related to FX risks
- Monitor strategies and propose alternatives when needed
Treasury & Financing processes
- Ensure compliance with Group Standards and Internal Financial Control framework
- Prepare and lead internal meetings (incl. Monthly Treasury Committees, Quarterly Treasury Steering Committees and bi-annual Capital Allocation meetings)
- Participate to S/4HANA implementation and interfacing with Kyriba
Collaboration and support to diverse stakeholders
Internally:
- Global: Spread the cash monitoring culture and provide trainings across AXA GO entities
- AXA Group: Support for Financing topics
- Procurement: Support to find the best financing solutions
- Legal: Support for financial contract negotiations
Externally:
- Maintain a strong relationship with financial institutions such as banks or financing/lessor companies
- Develop partnership with treasury software providers to be aware of technology developments
Education
Master Degree in Finance (Business/Engineering school or university)
Experience
Minimum of 6 years of professional experience in Treasury
Skills
Technical skills
- Solid knowledge of treasury management
- Understanding of general accounting principles and financial analysis
- Advanced proficiency with Microsoft Excel and Powerpoint
- Knowledge of Kyriba and VBA programming appreciated
- Fluent English and French
Soft skills
- Ability to drive results in a fast-paced environment and to work well under pressure
- Excellent interpersonal skills and ability to interact with different stakeholders
- Discretion and confidentiality regarding sensitive information
- Ability to work independently and overcome objections
- Resourceful, problem solver with a "can-do" attitude
- Team spirit and strong collaboration skills