Are you a strategic leader with a passion for financial management and driving continuous improvement?

We are seeking an experienced and dynamic Head of Group Treasury to lead and optimise our corporate treasury function. In this pivotal role, you will oversee all aspects of treasury operations, including cash management, liquidity planning, funding, bank relations, and financial risk management. If you have a proven track record in treasury management and are ready to take on a leadership role in a growing organisation, we want to hear from you!

The role as VP Head of Group Treasury offers a unique opportunity to work closely with the Group's CFO and to manage a team of five dedicated treasury professionals. The role also involves close collaboration with other Group Finance departments as well as heads of finance in the segments, regions, and units to ensure effective financial management and risk mitigation across the Group.

To succeed, you must be results oriented, analytical, structured, and proactive. You must also be a hands-on leader with the ability to drive processes and collaborate well across professional and cultural backgrounds.

Main Responsibilities:

• Cash and Liquidity Management: Oversee cash management, liquidity, and
  financing across the Group. Optimise and ensure efficient processes for cash repatriation from the units.

• Funding:  Develop and execute a funding plan to ensure sufficient long- and short-term financing of the Group's operations and growth plans. Manage
  internal funding requests including assessment of cash flow, capital structure, and appropriate funding sources.  

• Treasury Policies and Procedures: Develop, implement, and maintain treasury policies and procedures to ensure effective treasury controls as well as
  compliance with regulatory requirements and industry best practices.

• Financial Reporting and Analysis: Prepare and present regular reports on
  treasury activities, financial performance, and market trends to senior
  management. Responsible for reporting of capital structure, financial items, and financial risks in annual report.

• Risk Management: Monitor and manage financial risks, including interest rate, currency, credit and refinancing risks. Utilise hedging strategies and financial
  instruments in accordance with policies.

• Bank Relations: Develop and manage relationships with banks, investors, and other financial institutions. Ensure that units in the Group have competitive
  banking terms.  

• New Technology: Drive innovation in treasury and finance processes in the Group using new technology. This includes optimisation of the department’s new treasury system and implementation of a centralised payment hub.

• Collaboration and Leadership: Work closely with internal stakeholders to support business objectives and drive financial performance. Lead and mentor the treasury team to achieve department goals and ensure continuous improvement.

What We Are Looking For:

• Bachelor’s degree in Finance, Business Administration or related field.  MBA, master’s degree in Finance, and/or relevant certification preferred (e.g. CFA, CTP).

• Minimum 10 years’ experience in treasury management, corporate finance or similar related field, preferably in an international company.

• Strong knowledge of treasury operations, financial markets, and financial risk management including hedging instruments.

• Strong communication skills with proven ability to develop high-quality decision documents and present information clearly to top management as well as external stakeholders.

• Excellent financial analysis, problem-solving, and decision-making skills.

• Proficiency in Excel, PowerPoint and Word. Knowledge of PowerBI, treasury management systems and financial software is a plus.

• Proven leadership skills and experience managing teams.

What We Offer:

• Competitive compensation and benefits.

• Opportunity to lead and shape the treasury function of a dynamic and growing organisation.

·         Continuous learning opportunities through on-the-job training as well as leadership development programmes in the Jotun Academy.

• Career development opportunities across multiple disciplines and geographies.

• Leaders who focus on engaging and enabling their team, proven by consistently high employee feedback scores.

• A focus on having fun together through team building and social activities.

For almost a century, Jotun has protected property – from iconic buildings to beautiful homes. As one of the world’s leading manufacturers of paints and coatings, we combine high quality with creativity and innovation.

Jotun’s global headquarter is located in Sandefjord, Norway. In Sandefjord, Jotun Norway has 1000 employees working in state-of-the-art facilities covering services from local factory operations at Vindal, to Global product development in our new research facilities at Gimle. The R&D centre in Sandefjord is one of the largest privately owned R&D centres in Northern Europe. Sandefjord is the centre for both the Europe and Central Asia (ECA) region and our local Norwegian operations.

We provide a wide range of career opportunities, within areas such as finance and administration, IT, sales and marketing, supply chain, engineering, technical, and research and development.

Jotun is committed to an ambitious growth strategy. We believe that real value in our companies is our employees, both as individuals and as teams. We focus on providing our employees with meaningful and challenging work, rewarding them through continued learning and development, driven by our values Loyalty, Care, Respect and Boldness.