At Hazera, an accurate management of cash and cash flow is a critical activity that is managed by the Finance division. The division consists of 30 enthusiastic employees, which are spread over the Company’s headquarters in the Netherlands and Israel.
The Treasurer and C&C manager reports to the Financial Risk & Compliance Manager in Israel and works in close connection with his/her peer in the Netherlands.
Roles & Responsibilities:
At Hazera, accurate management of cash and cash flow is a critical activity that is managed by the Finance division. The division consists of 30 enthusiastic employees, which are spread over the Company’s headquarters in the Netherlands and Israel.
The Treasurer and C&C manager reports to the Financial Risk & Compliance Manager in Israel and works in close connection with his/her peer in the Netherlands.
Manage the Company’s cash:
Manage bank accounts and signatory rights of the Company and its affiliates.
Manage the short- and long-term credit needs and facilities of the company.
Initiate improvements in cash management; identify risks in our financial flows and propose alternatives.
Maintain a good relationship with the various banks; be the first point of contact.
Prepare a semi-annual forecast of the flows in foreign currencies as input for the hedging executed by Limagrain; manage the clearing of the contracts.
Maintain close cooperation with Limagrain’s Treasury Department.
Manage the Treasury assistant.
Manage the Company’s cash flow:
Prepare the annual cash flow budget and regular cash flow forecasts.
Prepare reports on actual cash flow; identify and evaluate variances.
Liaise with the organization to understand trends that may impact the cash flow.
Implement tools to improve forecasting and analysis skills.
Manage the Company’s credit risk:
Monitor and evaluate customer credit terms; manage credit holds and requests for credit terms updates, for both Hazera Israel and subsidiaries.
Prepare reports on aging and late payers.
Maintain close cooperation with the Sales Managers and Customer Service.
Professional management of the Credit & Collection Officer
Additional financial responsibilities will be added following the organizational needs.
