Job Title: Senior Treasury Manager
Department: Treasury
Location: Cyprus/UAE
About STOLI GROUP
Stoli Group has an exceptional portfolio of premium and ultra-premium spirits, wines, and non-alcoholic beverages, including the iconic Stoli® Vodka. The ultra-premium category is one of the fastest-growing and most dynamic segments of the beverage alcohol market.
Headquartered in Luxembourg, Stoli Group operates manufacturing facilities and wineries across Europe and the Americas and distributes its brands in over 170 markets globally. The Group is committed to driving sustainable growth, operational excellence, and financial discipline across its global footprint.
Position Overview
The Senior Treasury Manager plays a critical role in managing and executing Stoli Group's global treasury activities, ensuring strong liquidity control, efficient cash management, and effective financial risk mitigation.
This is a hands-on leadership role with responsibility for:
- Day-to-day treasury operations and controls
- Cash flow forecasting and liquidity management
- Banking relationships and payment infrastructure
- Debt administration and financing support
- FX exposure monitoring and hedging execution
The role acts as a key bridge between the Global Treasurer, Finance teams, and banking partners, ensuring disciplined execution of treasury strategy and supporting the Group through periods of growth, transformation, or financial complexity.
Key Responsibilities
Liquidity & Cash Flow Management
- Manage daily global cash positioning and liquidity across multiple entities and currencies
- Prepare and maintain short-term and rolling cash flow forecasts
- Ensure sufficient funding for operational and financial obligations
- Support optimization of:
- Cash pooling
- Intercompany funding
- Working capital efficiency
Banking Relationships & Operations
- Manage day-to-day relationships with global and regional banking partners
- Support negotiations of:
- Bank accounts, fees, and services
- Guarantees and operational banking arrangements
- Oversee:
- Bank account opening, maintenance, and closure
- Signatories, mandates, and e-banking platforms
Debt & Financing Support
- Administer the Group's debt portfolio, including:
- Loans, revolving credit facilities, guarantees
- Monitor:
- Covenant compliance
- Interest calculations and repayment schedules
- Support refinancing and financing transactions
- Work closely with the Global Treasurer on funding initiatives
Foreign Exchange & Hedging
- Identify and monitor FX exposures across the Group
- Execute FX transactions and basic hedging strategies in line with policy
- Maintain documentation and support hedge effectiveness analysis
- Provide reporting on FX risks and performance
Payments & Treasury Operations
- Oversee execution of global payments, ensuring:
- Accuracy
- Timeliness
- Compliance with internal controls
- Maintain strong payment approval frameworks and segregation of duties
- Drive improvements in payment processes and automation
Treasury Back Office, Accounting & Controls
- Ensure robust treasury processes, controls, and documentation
- Oversee:
- Accurate booking and reconciliation of treasury transactions
- Alignment with accounting standards
- Support month-end, quarter-end, and year-end close
- Assist with internal and external audits
Systems, Reporting & Process Improvement
- Support and optimize:
- Treasury Management Systems (TMS)
- Banking platforms and reporting tools
- Prepare regular reporting on:
- Cash positions
- Debt balances
- FX exposure
- Liquidity metrics
- Drive automation, standardization, and process improvements
Risk Management & Special Situations
- Identify and mitigate liquidity, counterparty, and market risks
- Support the Global Treasurer in:
- Liquidity stress scenarios
- Cash preservation initiatives
- Restructuring or refinancing situations
- Coordinate closely with Legal, Tax, and Finance on complex matters
Qualifications & Experience
Education
- Bachelor's degree in Finance, Accounting, Economics, or related field
- Professional treasury qualification (ACT, CTP) preferred
- MBA or equivalent is an advantage
Experience
- 8–15 years of treasury experience in multinational environments
- Strong hands-on experience in:
- Cash management and liquidity
- Banking operations
- Payments and treasury controls
- Exposure to:
- Debt administration
- FX management and hedging
- Experience in FMCG, manufacturing, or complex international businesses preferred
- Experience in high-pressure or restructuring environments is an advantage
Knowledge, Skills & Capabilities
- Strong technical understanding of:
- Treasury operations and banking products
- Debt instruments and financing structures
- FX exposure and hedging fundamentals
- Solid understanding of accounting principles related to treasury
- Strong analytical and problem-solving skills
- High attention to detail and strong control mindset
- Excellent communication and stakeholder management skills
- Strong systems capability (TMS, ERP, banking platforms)
- Fluent English & Russian; additional languages are an advantage
Personal Attributes
- Hands-on, execution-focused professional
- Calm and reliable under pressure
- Strong ownership and accountability mindset
- Proactive problem-solver with continuous improvement mindset
- Collaborative and able to work across geographies and cultures
Key Metrics for Success
- Accuracy of cash flow forecasts
- Liquidity coverage and cash visibility
- Timeliness and accuracy of payments
- Compliance with treasury controls and audit standards
- Effectiveness of FX exposure management
- Efficiency and automation of treasury processes
Disclaimer
Stoli Group is an equal opportunity employer committed to fostering diversity and inclusion. The responsibilities outlined above are not exhaustive and may evolve in line with business needs.
