Manager Treasury Operations

VEON

The Manager, Treasury Operations is responsible for overseeing HQ Treasury daily operations, ensuring accuracy and compliance in cash, liquidity and financing activities. This role supports the Director Treasury Operations in driving projects, enforcing policies, and strengthening Treasury controls and processes.

Key Responsibilities

• Liquidity & Cash Management
• Oversee and review daily cash and liquidity at HQ level, ensuring sufficient funding across entities.
• Approve or validate manual payment processes before execution.
• Oversee and coordinate execution of money market deposits, term deposits and forex trades.
• Support efficient payment processes, funding requirements, and repatriation actions.
• Treasury Systems & Controls
• Ensure accuracy and integrity of the Treasury Management System (TMS currently TM5); oversee timely and correct recording of all HQ Treasury transactions.
• Maintain an efficient bank account structure, including opening/closing of bank accounts and central database updates.
• Enforce compliance with Treasury policies and procedures; perform regular reviews to strengthen SOX controls.
• Financing & Risk Management
• Coordinate and support execution of external interest and principal repayments, liaising with banks.
• Assist in financing transactions including third-party and intercompany loan documentation.
• Contribute to liquidity and risk management strategies, providing insights to the Director Treasury Operations.
• Stakeholder Engagement
• Act as first point of contact for OpCo Treasuries to ensure adherence to Group Treasury policies and facilitate HQ approvals.
• Maintain strong relationships with banking partners and escalate issues when required.
• Collaborate with other HQ functions to resolve treasury-related matters.
• Reporting
• Review daily and monthly cash reports prepared by Analysts, ensuring accuracy and reliability.
• Provide ad-hoc analysis of financial and non-financial data to support decision-making.
• Projects
• Provide support to projects leading to intercompany positions, cash upstreaming, or hedging activities.
• Lead process improvement initiatives within the Treasury Global Operating Model and support quarterly Bank Account Controls Reviews.
• Administration
• Oversee the Treasury budget process, ensuring accurate invoice payments and cost tracking.

Critical Skills & Experience

• Experience in a large multinational company.
• Strong desire to apply quantitative and analytical skills to develop deep understanding of financial markets and treasury activities.
• Proven expertise in managing front office treasury activities/instruments, tasks, SOX controls and business processes.
• Ability to translate experience and analytical skills into practical business solutions.
• Autonomous with proactive attitude and strong team spirit.
• Education and Experience
• Bachelor s degree in Economics, Finance, Accounting and/or Treasury.
• 5 years of relevant working experience in corporate treasury or banking, preferably within an international business environment.
• Experience with Treasury Management Systems, knowledge of ERP and Bloomberg Terminal.
• Solid written and verbal communication skills in English, with the ability to explain complex issues clearly to senior stakeholders.