Treasury Manager

Description

Position Summary: Strategically leads the corporate treasury function, ensuring resource availability, risk management, and digital solutions. Key Highlights: 1. Strategic leadership in corporate treasury 2. Comprehensive management of liquidity and financial risks 3. Driving digitalization and transformation of treasury Messer is the world’s largest privately owned industrial gas company and one of the leading industrial and medical gas companies in North and South America. Messer offers over 120 years of experience in industrial, medical, specialty, and electronic gases. The company safely delivers gases, services, and technologies through an extensive production and distribution network. **Job Description** -------------------------- The Treasury Manager strategically leads the corporate treasury function, ensuring optimal resource availability, intelligent financial risk management, and implementation of digital solutions to enhance operational efficiency. Acts as a strategic partner to the Finance Director in liquidity, insurance, hedging, and financing decisions, aligning treasury operations with Messer’s global objectives and Colombia’s macroeconomic dynamics. ### **Responsibilities of the Treasury Manager** #### **1\. Strategic Liquidity and Working Capital Management** * Design and execute short-, medium-, and long-term liquidity strategies, integrating cash flow forecasts with predictive models (rolling forecast of at least 13 weeks). * Optimize working capital structure in coordination with Accounts Receivable and International Trade, applying metrics such as CCC (Cash Conversion Cycle) and DPO/DSO/DIO. * Lead regional cash pooling between Colombia and Chile, maximizing returns on surplus funds and minimizing intercompany funding costs. #### **2\. Financial Risk Management** * Design and implement hedging policies for foreign exchange, interest rate, and energy price risks (relevant for Messer given the energy intensity of the industrial gas business). * Monitor and manage foreign currency exposure (COP/USD/CLP/EUR), establishing risk tolerance limits approved by the Finance Director. * Maintain an up-to-date counterparty bank risk matrix and assess concentration of exposure per financial institution. #### **3\. Digitalization and Transformation of the Treasury Function** * Lead implementation and optimization of the TMS (Treasury Management System), ensuring integration with the corporate ERP (Solomon, SAP or other) and real-time visibility of cash positions. * Drive automation of payment processes (STP — Straight Through Processing), bank reconciliation, and treasury reporting, reducing manual intervention and operational risk. * Evaluate and implement relevant fintech solutions: digital international payments, multibank e-banking platforms, banking APIs, and AI-powered forecasting tools. * Explore and manage Open Banking platforms to optimize account management and reduce transaction costs. #### **4\. Banking Relationships and Financing** * Strategically manage the banking relationship portfolio in Colombia, negotiating competitive terms for credit lines, hedging instruments, and transactional services. * Evaluate structured financing alternatives (factoring, confirming, development loans — Bancóldex, CORFO) and present well-founded recommendations to Management. * Stay current on foreign exchange regulation (DIAN, Banco de la República, CMF Chile) and ensure regulatory compliance in all foreign exchange and international payment operations. #### **5\. Reporting, Analytics and Control** * Design executive treasury dashboards (liquidity, hedging, funding cost, investment returns) with real-time updates, integrated into corporate BI tools (Power BI or others). * Ensure integrity and timeliness of daily, weekly, and monthly cash position reporting to the Finance Director and Messer’s regional structures. * Define, implement, and monitor treasury KPIs: days of available liquidity, effective debt cost, investment portfolio return, foreign exchange risk hedging ratio. * Ensure compliance with Messer’s global and regional treasury policies, adapting them to the local regulatory environment. #### **6\. Team Leadership and Control Culture** * Develop and empower the treasury team, fostering a culture of rigorous internal control, data-driven decision-making, and continuous improvement. * Establish and supervise applicable SOX or equivalent controls, segregation of duties, and dual-approval payment authorization procedures. * Serve as an internal reference for operational financial education across related functions (procurement, sales, operations, etc.). #### **7\. Proactive and Administrative Management of Corporate Insurance** * Inventory and coverage: Maintain an updated consolidated inventory of the company’s insurance policies in Colombia and Chile (property, civil liability, transportation, group life, SOAT, D\&O, cybersecurity, among others), ensuring that coverages remain valid, sufficient, and aligned with the business’s actual risk exposure. * Insurable risk management: Proactively collaborate with operational areas (HSEQ, Operations, Legal) to identify emerging insurable risks—including cyber, climate, and business interruption risks—and recommend appropriate coverage before events materialize. * Negotiation and renewal: Lead the annual policy renewal process with brokers and insurers, ensuring competitive terms in premium, deductibles, and scope of coverage, with at least two technically compared market alternatives. * Claims: Coordinate and track claims processes with insurers, ensuring timely documentation, process traceability, and effective recovery of indemnities. Maintain open communication with Legal and involved departments throughout the process. * Alignment with global Messer policies: Ensure local coverages are consistent with Messer Group’s global and regional insurance guidelines, coordinating with headquarters when applicable (umbrella policies, export credit insurance, director-level coverage). * Reporting and control: Report semiannually to the Finance Director on the insurance portfolio status: active coverages, costs, historical claims experience, upcoming expirations, and adjustment recommendations. Incorporate insurance costs into the treasury’s financial risk management model. * Prevention culture: Internally promote the importance of managing insurable risks, collaborating with HSEQ on exposure identification and with Finance on quantifying potential impacts of uncovered events (coverage gap analysis). #### **8\. HSEQ Responsibilities** * Exercise visible and active leadership in Health, Safety, Environment, and Quality (HSEQ), promoting a culture of prevention and care within the team and in interactions with other company areas. * Use required personal protective equipment according to the activity performed, consistently setting an example for the team and third parties. * Apply and ensure compliance with the company’s established HSEQ procedures, standards, and “golden rules” in all job-related activities. * Actively participate in the company’s HSEQ programs, initiatives, and activities, contributing to their continuous improvement from the finance function. #### **Position Requirements** * Minimum 7 years of experience in corporate treasury, including at least 3 years in leadership roles. * Demonstrable experience in financial risk management, hedging, and banking relationships. * Desirable: Experience in multinational companies or those with multi-country operations. * Highly valued: Participation in treasury digital transformation projects or TMS implementation. **Academic Qualifications** * Degree in Finance, Economics, Business Administration, or Industrial Engineering. * Postgraduate degree desirable: Specialization or MBA with emphasis on corporate finance, capital markets, or risk management. **Desired Specific Knowledge** * Advanced corporate treasury and financial markets management (fixed-income instruments, derivatives, FX). * Proficiency in TMS and ERP systems (SAP Treasury/Cash Management preferred). * Advanced financial analytics: Power BI, advanced Excel, Python or R for financial modeling (desirable). * Colombian and Chilean foreign exchange regimes, DIAN/Banco de la República/CMF regulations. * Knowledge of international treasury standards (SWIFT, ISO 20022\). * English level B2 (technical reading, negotiation with Messer’s global counterparts). Culture and Diversity at Messer *Messer Américas is committed to fostering, cultivating, and preserving a culture that promotes and enables diversity and inclusion. Our employees are our company’s most valuable asset. Messer—and every person who works for the company—is focused on developing and maintaining a diverse and inclusive organization.* If you meet the requirements and are interested in joining our team, we invite you to apply and embrace this new professional challenge.