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.
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.
Apply with CV and cover letter or your complete LinkedIn profile.
Full time employment, fixed salary.
World leading technique
Top specialists as team peers
Fast paced & entrepreneurial culture
Northvolt was founded in 2016 with the mission to build the world’s greenest battery cell, with a minimal carbon footprint and the highest ambitions for recycling, to enable the European transition to renewable energy. Northvolt’s team of experts is building the next generation battery cell factory focused on process innovation, scale and vertical integration. Once completed, it will be Europe’s largest battery cell factory and produce 32 GWh worth of capacity annually.
The future needs high-quality, green batteries. And it needs lots of them.
We are currently in an exciting fast-growing phase and operate in a busy, fast moving environment, dealing with a wide range of stakeholders. We are 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 are also preparing for upcoming positions at the main factory, Northvolt Ett, in Skellefteå.
We want to work with experienced battery experts as well as talented and purpose driven people from all kinds of disciplines to make this happen. Those of us already on board share a bold streak and a passion for our mission. We are prepared to work hard in pursuit of excellence. We enjoy the ride and our main drive is to make a difference for real. We are a team dedicated to thinking new, working hard and having fun. Join us today!