Senior Treasury and Procurement Lead (Retail)

The Senior Treasury and Procurement Lead is to manage all aspects of the indirect tax and procurement lifecycle, including:

• Managing the company’s cash position
• Payment processes
• Procurement governance across the organization
• Cash outflow management
• Strong financial controls over spending
• Effective coordination with internal stakeholders, BPO providers, and external partners

This is a hands-on role in a lean finance team, combining treasury operations, accounts payable oversight, and procurement process ownership.

Duties And Responsibilities

• Treasury Management
  • Manage short-term liquidity and cash positioning across bank accounts
  • Maintain and update rolling cash flow forecasts
  • Monitor cash inflows/outflows and identify potential liquidity risks
  • Execute and oversee fund transfers, FX transactions, and intercompany movements
  • Maintain relationships with banking partners and payment providers
• Accounts Payable Oversight (via BPO)
  • Oversee end-to-end AP process managed by BPO provider
  • Review and approve payment runs in line with internal controls
  • Ensure accuracy, completeness, and timeliness of invoice processing
  • Handle escalations, exceptions, and urgent payments
  • Monitor aging and ensure no operational bottlenecks
• Procurement & Spend Control
  • Design and enforce procurement policies and approval workflows
  • Ensure proper authorization and budget alignment for all expenditures
  • Partner with business teams (marketing, operations, production) on spend planning
  • Support vendor selection and commercial terms negotiation where relevant
  • Drive cost discipline without compromising business agility
• Payment Governance & Controls
  • Own payment approval matrix and segregation of duties
  • Ensure compliance with internal controls and audit requirements
  • Prevent fraud, duplicate payments, and unauthorized spending
  • Maintain clear audit trail for all payments
• Vendor Management
  • Maintain vendor master data integrity
  • Coordinate onboarding of new suppliers (including compliance checks)
  • Manage payment terms and support optimization of working capital
  • Act as key finance contact for vendor-related matters
• Cross-Functional Collaboration
  • Work closely with FP&A on cash planning and budget alignment
  • Partner with Financial Control on closing, accruals, and audit requirements
  • Coordinate with Finance team / BPO on transactional execution
  • Liaise with Tax/Finance teams where payments have tax implications (e.g. VAT, withholding tax)
• System & Data Management
  • Operate and optimize procurement systems (SAP MM, etc.)
  • Conduct spend analysis and reporting
  • Visualize procurement data and manage dashboards
  • Implement and manage e-procurement platforms

Your Experience

• Minimal 10+ years of experience of the entire lifecycle of treasury and procurement within an international setting
• Retail or FMCG industry background preferred
• Strong understanding of cash flow management and working capital
• Solid knowledge of AP processes and financial controls
• High attention to detail with a risk-aware mindset
• Strong communicative skills (both orally and in writing)
• Commercially minded, proactive, action-oriented
• Strong analytical and problem-solving skills
• Moves fast on negotiations and decisions without losing accuracy
• Holds full ownership over cost and risk, committed to delivering results
• Questions industry norms and existing contracts, always seeking better terms and structures
• Interpersonal savvy, relates well to different types of people with different backgrounds
• Ability to set priorities (sense of urgency vs prioritization)
• Advanced skills in Excel/Microsoft Office (pre)
• SAP Experience (pre)