Cash Management Specialist

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We are committed to lead the change toward a better fashion future. H&M Group is on an exciting journey to meet and exceed our customers' expectations today and tomorrow. To continue to meet our customer needs and transform an industry, we need employees with different backgrounds, experiences, and perspectives.  

Treasury is responsible for the financing and banking related activities of the H&M Group including cash management, foreign exchange, financial risks management and corporate finance. Treasury consist of 18 colleagues working from different locations in the world, with the main office based in Stockholm supported by colleagues based in Eastern Europe and Asia.

The cash management area is divided into three regions, Central Europe, Europe & Americas, and Asia. Each region is led by a Cash Management Specialist who is responsible for driving cash management and other treasury related projects within its region. The responsibility includes local bank relationships, cash management tenders, bank account structures, cash pools, cash centralization, local funding and other tasks where support from Group Treasury is needed.

Job Description

Working closely with the three Cash Managers, you will have the opportunity of continuous learning within cash management and treasury, and your tasks will grow as you grow. You will work towards external counterparties such as banks as well as towards different departments within the H&M Group all around the world.

This is an entry level position within Cash Management, based in Marievik at H&M Group’s Head Office in Stockholm. If you work outside Sweden, their is a possibility for a remote contract as well. 

What You will Do:

• Assist the team with activities such as administration related to cash management
• E-banking administration
• Bank account opening and closures
• KYC documentation
• Bank and parental guarantee administration
• Fee monitoring and follow up
• Continuous improvement of administrative processes and routines within treasury
• Ad hoc analysis and tasks as needed

As a cash management specialist, we see that you are a team player who thrives in a high pace, dynamic, and global environment. You are self-driven, proactive, and a structured person with eyes on details. We see that you are good at multitasking with an analytical and curious approach. As a person you are humble with a professional approach and possess high integrity.

To be successful in this role, we see that you have:

• A university degree within business or finance and/ or equivalent experience from similar position.
• A strong interest in administrative tasks and a desire to learn about cash management and treasury
• Good skills in Excel and MS office
• Good communication skills, fluency in English (written & spoken)
• Previous experience from treasury or banking, as well as experience using SAP would be meritorious.

This is a full-time permanent position based in Stockholm. Due to data policies, we only accept applications through career page. If you have any questions about the role, please contact responsible recruiter Viktoria Shakalina. Do these challenges, qualifications, and opportunities apply to you?  Please send your application (in English) no later than December 8th, 2024. Please note that the advert may close before the application deadline. 

Benefits 
We offer all our employees at H&M Group attractive benefits with extensive development opportunities around the globe. All our employees receive a staff discount card, usable on all our H&M Group brands in stores and online. Brands covered by the discount are H&M (Beauty and Move included), COS, Weekday, Monki, H&M HOME, & Other Stories, ARKET, Afound. In addition to our staff discount, all our employees are included in our H&M Incentive Program – HIP. You can read more about our H&M Incentive Program here.  

In addition to our global benefits, all our local markets offer different competitive perks and benefits. Please note that they may differ between employment type and countries. 

Inclusion & Diversity 
H&M is a part of H&M Group. At H&M Group, we’re determined to create and maintain inclusive, diverse, and equitable workplaces throughout our organization. Our teams should consist of a variety of people that share and combine their knowledge, experience, and ideas. Having a diverse workforce leads to a positive impact on how we address challenges, on what we perceive possible and on how we choose to relate to our colleagues and customers all over the world. Hence all diversity dimensions are taken into consideration in our recruitment process.   

We strive to have a fair and equal process and therefore kindly ask you not to attach a cover letter in your application as they often contain information that easily can trigger unintentional biases. 

H&M
H&M is a fashion brand that offers the latest styles and inspiration, from fashion pieces and unique designer collaborations to affordable wardrobe essentials. Our business idea is fashion & quality at the best price in a sustainable way. Learn more about H&M here.