Ice Cream Treasury & Insurance Analyst LATAM

Job Title: IceCream Treasury & Insurance Coordinator Latam

Location:Tultitlán, Estado de México

Terms & Conditions: Full-time, hybrid within policy.  

If you want to work for a global, leading Ice Cream player with €7.9bn Turn Over in 2023, come join Unilever Ice Cream! The Ice Cream business is operating in a highly attractive category, as we are part of the 1 trillion snacking and refreshment industry, growing consistently at high pace. We have strong brands equities: 5 of top 10 selling brands including Wall’s, Magnum, Ben &Jerry’s. We are investing to unlock the full growth potential of Ice Cream as a standalone entity, once we separate from Unilever, which is planned to happen by November 2025.

Ice Cream has distinct characteristics from Unilever’s other operating businesses and the growth potential of Ice Cream will be better delivered under a different ownership structure. As Ice Cream company we are committed to developing and nurturing talent as we build our diverse and inclusive culture. You will have ample options for career growth and exploration, allowing you for you to explore roles and opportunities across the new organisation. Your career development will be a priority for us, and we are dedicated to supporting your growth journey within the new company.We hope that you will want to build the new chapter of our Ice Cream history together with us.

JOB PURPOSE:

The Treasury & Insurance Coordinatoris responsible for overseeing the group’s cash positions, ensuring the financial health of the organization, and supporting a strategy vision that impulse the business growth in terms of cash. This position is key to maximizing financial resources, managing cash flow and investments,maintaining strong relationships with bank and financial institutions, as well as assisting to manager and controller in the overview of cash flow positions.

We are seeking a reliable, pro-active and detail-oriented Treasury & Insurance Analyst that directly works with manager to contribute to the sustainability and success of the company, protecting it from financial risks and aligning its resources with corporate objectives.

To excel in this role, you must possess a strong understanding of cash flowand treasury principles. As an organized professional with keen attention to detail, you should be dependable and capable of working independently and collaboratively.

The role reports to theIC Assistant Controller ManagerLatam, providing visibility, assurance, and guidance on cash flow management and forecast, managing a strong relationship with banks, mitigating financial risk, as well asreviewing that insurance policies on adequate of existing covers.

KEY RESPONSABILITIES:

Cash Flow Liquidity and Forecasting:

Oversee and manage the cash flow positions daily in order to ensure sufficient funds are available to meet ongoing operational requirements considering the local legislation and the political-economic aspects of the country.

Oversee daily treasury activities including managing daily liquidity, cash position reconciliation, bank reports, and monitoringthe cash inflows and outflows of the groupnotifying the pertaining areas.

Ensure to handle electronic bank operations (capture and process) such as wire transfers corresponding to payroll, tax, utilities,otherlocal payments, funding cash between each existing bank accounts of the country when necessary.

Emission of cheque books in certain process such as labor trials.

Creation of beneficiaries either from local or foreign currency.

Oversee and analyze bank fees related to cash management expenses.

Manage excess operating cash to obtain optimum interest revenue.

Forecast the Group’s short-term financing requirement and ensure comprehensive monitoring of the cash flows. 

Advise manager/controller on the liquidity aspects of its short- and long-range planning in order to have a correctly decision making.

Support in the creation and handling of various analytical reports such as inflows and outflows in local and foreign currency versus the forecast of purchase of foreign currency, and similar templates.

Preparation of the Financial Flexibility (FinFlex) Review bi-annually.

Manage Bank Relationship and Other Stakeholders: 

Liaise with Commercial Banks to improve the quality of their Trade Finance and Banking services to the Group in order to have a strategical collaborative relationship to operate the credit lines to meet all the local payments.

Maintain strong communication with global treasury to meet all the finance affairs related to the liquidity of the country.

Develop a structure to work with multiple business partners, shared services and FP&A teams to build up the cash liquidity and other financial reports (FinFlex) on time basis.

Financial Risk Mitigation:

Monitoring the Group Forex exposure daily to ensure that the exposure is maintained below the Global Treasury approved limit and taking Forex cover (purchase) or use hedging to mitigate financial risks related to the currency and interest rates on the company's cash flows and borrowings, as applicable.

Ensure cost effective exposure management technique via discussing with the banks and global treasury.

Compliance Internal and External Audits:

Ensure the main treasury policies are followed up and assess the viability and sustainability of such policies as the time comes, so it imposes an adequate level of control over treasury activities and provide support for regulatory reporting.

Ensure thattreasury SOX controls are done and completed on time basis and in accordance withthe different risk management one pagers.

Support in the internal and external audits requirements on time basis, so the audits could be performed accordingly. 

Efficient Processing:

Complete special projects as assigned for presentation to senior management.

Develop treasury reporting dashboards appropriate for various stakeholders.

Insurance:

Collect data about assets and other pertain items that require to be insured with multiple functional teams such as supply chain, fixed assets, WPS, and other onesin order to ensure that all assets are covered.

Support in the manage of the global policies of the group with a strong relationship with central teams in order to have all the requirements aligned and covered on time basis.

Manage the local policies of fleet vehicles and trucks, cash and valuables, and transports, since the beginning of collecting all the pertain data, obtain quotations, implementation, making sure to issue the invoices in system, amortization of those payments in the GL accounts.

Reviewing that insurance policieson adequate of existing covers, study developments and recommended changes.

Obtain quotations on insurance cover through insurers, examine competitiveness and recommend for implementation.

Strong Relationships with insurers; interview them, when necessary, on insurance matters.

Manage all the process of renewals on time basis since the beginning with collecting the pertain data, validate the information, report in the system, negotiate with insurers all the coverages and payments, make the corresponding accrual in the GL account, confirm the final invoice and ensure to the make the payment in time and make the corresponding amortization of those prepayments made.

Supervise the executive or the insurer implant are performing efficientlyhis activitiesrelated to claims of local policies (mainly the fleet vehicles), since the beginning of the claims reporting the sinister, make the inspection, valuation and ask the documentation support to initiate the sinister, validate the data, follow up of raised cases and ensure that the payment made by the insurer is correct and on time basis.

Assist in the compliance of Group Policy on insurance by ensuring that all local Policies taken on time and are in line with Group Guidelines.

Responsible for preparation of the Insurance account reconciliations and reconciling the same.

Act as the main contact to provide assistance in relation insurance matters.

keeping original insurance policies safe.

WHAT YOU NEED TO SUCCEED: 

EXPERIENCES & QUALIFICATIONS

• ​​Bachelor’s degree in Finance & Administration, Accounting or related fields.

• ​Over 5 years of experience in finance, particularly in roles that manage cash flow and bank relationships.

• ​Comprehensive understanding of cash flow statements, forecasting cash positions and financial risk management.

• ​Proven experience in treasury management that allows a correct decision-making.

• ​Knowledge of local legislation concerning cash liquidity and forex.

• ​Familiarity with SOX compliance, auditing processes, and risk management controls.

• ​Experience in the business partnership with multiple areas either financial or non-financial.

• ​Shown skills with MS Office (excellent skills in Excel and medium in Power Apps) and SAP Financemodule.

• ​Excellent analytical ability.

• ​Good communication skills in Spanish and English.

• ​Ability to challenge pro-actively.

• ​Analytical thinking and attention to detail.

• ​Ability to work collaboratively and explain technical concepts clearly.

• ​Adaptability to regulatory and technological changes.​

SKILLS:

​​

​TOP 3 functional skills

• ​Cash Management & Bank Relationship

• ​Financial Risk Mitigation.

• ​Insurance Knowledge

​TOP 3 business skills​

• ​​Stakeholder management

• ​Effective communication

• ​Prioritisation​

Standards of Leadership:  

You will be performing a critical role in the company, so you will be responsible for delivering to the highest standards. You must be resilient so you can work with others to deliver with passion through uncertainty and create opportunities through the core and beyond. You must be able to flex your style and your plans to work with others through difficult times.

• Critical SOL (Standards of Leadership) Behaviors

• PASSION FOR HIGH PERFORMANCE: Takes personal responsibility and accountability for execution and results. Generates intensity and focus to deliver results at speed.

• PERSONAL MASTERY: Sets high standards for yourself. Actively builds own well-being and resilience.

• TALENT CATALYST: Invests in people – coaches individuals and teams to realize their full potential. Creates an inclusive climate, empowering everyone to be at their best. Inspires powerful teamwork and collaboration, connecting people for better results.

• CONSUMER LOVE: Brings the voice of the consumer into everything we do, always.

• BUSINESS ACUMEN: Creates opportunities for profitable growth through the core and beyond.
  

ADDITIONAL INFORMATION

Unilever embraces diversity and encourages applicants from all walks of life. This means giving full and fair consideration to all applicants and continuing development of all employees regardless of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage and civil partnership, and pregnancy and maternity, and any other legally protected characteristic.  

For the recruitment of this position, we would like to emphasize that local conditions apply to the position and for this vacancy in principle we will first consider candidates based in MX. If you are based outside of the MX and you are interested to apply, please feel free to do so but we can only take your application on if a decision is made to also recruit outside of the MX Market. 

ARE YOU EXCITED TO CRAFT THE ICE CREAM FUTURE?

Equal Opportunity Employer: Unilever is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, or any other basis protected by applicable law, and will not be discriminated against on the basis of disability. 

We take pleasure seriously. Join the Ice Cream team now!