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Director of Treasury

  • Applications are considered on a rolling basis
  • Stockholm
  • Applications are considered on a rolling basis
  • Stockholm

Northvolt has an exciting job opening for a Director of Treasury to join our stellar team in Stockholm.

In joining us, you will play an important part in building the largest European battery manufacturing company. Northvolt has the mission to enable the transition to a decarbonised society in Europe by having a minimal carbon footprint, establishing a fully circular business model, and having the highest ambitions for recycling. Joining Northvolt would mean that you can contribute to enabling the future of energy and a more sustainable future.

You will have a leadership role in the finance team and be responsible for managing day-to-day activities in the treasury function to meet the financial obligations of the organization, assessing, monitoring, planning and managing the efficient utilization of cash and financial services aligning with the objectives of Northvolt and proactively managing risk to meet our business objectives.

We are looking for a Director of Treasury with strong leadership, deep understanding of treasury, financial risk exposure, capital structure optimization, cost of capital, debt finance requirements, compliance, tax and hedging - including FX, IRS, Commodity. Someone who has extensive experience managing and supervising all aspects of cash flow liquidity, such as forecasting daily cash requirements, executing daily financing decisions, and managing in-house cash management and FX needs in line with funding requirements across the project portfolios.

Key responsibilities include but are not limited to:

  • You will perform treasury activities related to cash flow, forecasting daily cash requirements and execute daily financing decisions.

  • You will be responsible for debt capital management including loan agreements, reporting, covenant adherence, compliance management and bank relations.

  • You will ensure that financial risk, fx and commodity exposure is effectively managed in line with the Northvolt risk management policies.

  • You will ensure that policies and procedures meet the organization's objectives, needs, and regulatory body and financing requirements, ensuring that project/department milestones/goals are met and adhering to approved budgets and forecasts.

  • You will play a key role in managing all aspects of In-house investment portfolios with regards to long-term and short-term risk management strategies. Working with the Finance team and senior management, you will help determine the Company’s goals and risk tolerance, assessing risk/return trade-offs and make suitable recommendations for implementation.

  • You will be crucial in building up the treasury function team as well as key processes with requirements of good leadership in addition to detailed hands-on work.

  • You will evaluate, develop and implement cash management systems to optimize efficiencies. You will also manage appropriate accounting procedures and processes.

  • You will work on evaluating alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.

Work with great people

Josephine Korijn
Investment Manager
"We move at a fast pace and decisions are made in a deliberate, thoughtful, and bold manner."
Mohamed Farah
R&D Electrode Manager
"At Northvolt there is no right or wrong. Everyone brings something to the table."
Maria Åstrand
Director Raw Materials
"It’s a once in a lifetime opportunity to be part of starting up a new industry segment."
Erin Mathews
Industrialisation Manager
"I love being a part of such a bold effort to tackle the energy problem."

Skills & Requirements


  • You have a Master Degree in Finance and 10+ years’ experience in finance roles with strong focus on preparing cash forecasts, cash flow analyses.

  • You have previous experience working within a large Treasury function for a blue chip organization building complex financial models to evaluate various financial plans, presenting and preparing proposals to recommend new products/services.

  • You have deep knowledge of project finance, investment portfolio strategy, banking, and financial instruments.

  • Strong knowledge of financing tools, finance contracts and reporting requirements for investments and other financial instruments.

  • As a person you are an excellent analytical thinker and successful problem solver with great interpersonal skills. You are able to break down problems into meaningful parts and come to rational and well-thought out conclusions.

  • You are a strong communicator able to interact at all levels with different stakeholders.

  • You have a meticulous eye to detail and accuracy and strive continuously to improve processes and procedures.

  • You are a dynamic, self motivated individual able to adapt quickly to quick changes in direction and happy working in a fast moving environment.

Specific Skills/Abilities

  • Excellent English written and oral skills, Swedish is a plus
  • Highly organized and result-driven
  • Proactive and goes beyond expectations
  • Exceptionally good negotiation and problem-solving skills
  • Has a can do attitude and an entrepreneurial spirit
  • Ability to work under high pressure and tight deadlines, excellent time management
  • Ability to lead and work well with others in a team environment, as well as independently
  • Ability to work in a high profile and often high pressured international environment
  • Qualities that we cherish are flexibility, sense of quality, friendliness, motivation to take on new challenges, grit and a sense of humor
  • Passionate & purpose driven

Apply with CV and cover letter or your complete LinkedIn profile.
Full time employment, fixed salary.

Great Place to Work

  • World leading technique

  • Top specialists as team peers

  • International environment

  • Fast paced & entrepreneurial culture

  • Warrant program

  • Wellness grant

About the company

Northvolt makes green batteries for a blue planet. Affordable cells and high-quality battery systems. All manufactured with a record-low carbon footprint. Purposely built to provide Europe with the opportunity to switch to renewable energy – efficiently and entirely.  

To accomplish this, we do things differently. We design, manufacture, and recycle everything under one roof. We even build our own factories. All this is incredibly challenging and requires us to think in unconventional ways. We’re constantly experimenting, learning and adapting to make batteries so great – they will one day make oil history.  

Northvolt is growing fast. We’re staffing our international office in Stockholm, our R&D facility, Northvolt Labs, in Västerås, as well as our Gdansk facility for production of battery systems. We're also hiring for our two gigafactories: Northvolt Ett in Skellefteå, Sweden, and Northvolt Zwei in Salzgitter, Germany.   We want to work with smart individuals from all disciplines. Strong individuals that truly want to make a positive impact on the future. Those of us already on board share a passion for our mission. We’re prepared to work hard in pursuit of excellence. We enjoy the ride and our main drive is to make a difference for real. As a team, we’re dedicated to thinking new, working hard and having fun.   

Join us today. Together, let’s enable the future of energy! 

Alex Hartman | Hiring Manager

I'm interested

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