Senior Manager Treasury

Introduction

Due to a successful internal career move we are looking for a new Senior Manager Treasury!

Are you up for a new challenge in one of the World’s top multinational companies? Are you a strong hands-on professional with broad treasury experience, excellent stakeholders management skills and experienced in leading a team? Are you well-versed in cash and financial risk management, inter-company financing, treasury interactions with business projects and compliance with regulations in Europe, APAC and the US? Do you like to take ownership and find solutions? Then this role might be something for you. We are looking for a professional who makes a difference because it’s in your nature to understand the multinational business of ASML and to translate that into effective and efficient risk management and cash centralization strategies, financing solutions and secure treasury related compliance.

Job Mission

At ASML we constantly have to ensure that our people, expertise and information enable us to realize our growth and meet our ambitious business objectives. Especially in the fast growing and demanding semiconductor business in which we operate, it requires Treasury to bring breakthrough and creative solutions and go beyond the established paths enabling ASML’s future growth and success.

Treasury is a part of the Expert Advisory team which includes the expertise areas of treasury, tax, legal and accounting. These disciplines are closely working together to support the business with integrated expertise and advice.

As Senior Manager Treasury, you and your team will have a global scope. Many ASML corporate projects and prioritized initiatives, as well as governance bodies are run out of the HQ, which is located in Veldhoven, the Netherlands,. Primary responsibility for such projects and initiatives and alignment with governance bodies will be in your scope. It could encompass a large variety of initiatives from starting a business in a new country to changing the way we deliver our machines to the customers. In this journey you will be supported by your direct colleagues in the global Corporate Cash and Financial Risk Management (CC & FRM) team with the members located in the Netherlands, Korea, China and the US. You will also work closely with Corporate Finance and Insurance, who are also a part of the global Treasury organization, as well as the broader Expert Advisory team. You will report to the Treasury Director CC & FRM located in the Netherlands.

Context of the position:

The Treasury CC & FRM team provides expertise and advisory on cash, liquidity, in-house banking, investments, intercompany and 3rd party financing and financial risk management (FX, financial counterparty and customer credit risk, interest and commodity risk), supporting the CFO/EVP Finance, other Finance functions (Financial Control, Business Control, Tax) and business functions, like Procurement and Sales. The team owns the day-to-day management of all cash, investments, inter-company funding and financial risks for the group.

The CC & FRM team operates in a business environment that is characterized by ongoing and fast change in many areas, such as:

• (Adjacent) internal processes and systems;
• Application of emerging technologies in Treasury such as banking and dealing systems;
• Interlinkages between the various systems (API’s);
• Increasing need for real time info on exposures with automated processing (e.g. end-to-end automation, robotic process automation, artificial intelligence);
• Increasing demand for flexible and real time dashboard reporting (business intelligence tooling), (central) banking requirements and financial markets, local laws and regulations.

Keeping up with the fast-changing developments, strong growth of the company (in terms of sales, people, complexity, etc.) and adjusting the organization (people, processes and systems) accordingly is essential for success of the Treasury function.

In order to assure cash, investment and financial risk management in a compliant way, understanding and application of local laws and regulations related to the Treasury activities within the ASML group is essential.

The CC & FRM team is supported by the global ASML Business Services organization, which executes operational and back office related activities.

The Senior Manager Treasury with his/her team is a part of CC & FRM team, together with the global front office and regional Treasury teams in APAC countries and the US.

Role and responsibilities

The Senior Manager Treasury is primarily responsible for:

1.         Managing the financing of ASML Group’s subsidiaries worldwide to effectively operate their business and support strategic growth projects. This includes development of policies and frameworks, implementatio