Treasury Manager - Trade Finance

Ensuring Chart’s Success…

We are inviting you to join Howden and become a trusted and valued member of our Financial Accounting team, which is based in the Budapest Shared Service Centre. As a part of this vital team, you will have the opportunity to report to the Assistant Treasurer – Global Operations, the Treasury and take the lead on all Trade Finance related tasks and be a key business partner to the wider Chart business. The role will give the right candidate the opportunity to develop Chart’s Trade Finance capabilities to be best in class. Performing daily/weekly/monthly reconciliation tasks and investigating/correcting discrepancies

What Your Day-to-Day Activities Will Be…

• Drive strategy and execution of Trade Finance solutions to support the company’s overall business strategy, including bank guarantees, letters of credit, surety bonds, and parent company guarantees.

• Review, model, and execute a strategy to support the issuance of Bank Guarantee, Letter of Credit and Export trade facilities across the Chart business globally. To include:

• Work with Chart’s bank group to ensure credit lines are sufficient to support future issuance needs.

• Source additional credit facilities as required.

• Work with Legal department on contractual agreements.

• Develop a clear application and escalation process and ensure compliance from the Chart business and banks.

• Develop dashboards to support tracking and external reporting of instruments.

• Manage quarterly fee recharge process.

• Be the main point of contact for all Trade Finance questions internally and externally. Serve as a key contact for banks, insurance brokers, auditors, Chart business units. etc.…

• Work with Operational Finance leads to review Trade Credit Insurance requirements. Be the lead for Treasury in this area.

• Develop robust treasury processes and controls, ensure global adherence.

• Explore possibilities of utilising systems to support management of Trade Finance.

• Support KYC requests from banks.

• Support Treasury team with ad-hoc projects.

• Be support/cover for other areas of Treasury as required

Your Professional Experience Should Be…

• Bachelor’s degree in finance or accounting.

• CTP/ACT certification Preferable.

• 5+ years of experience, with a minimum of 3 years working extensively with Bank  Guarantees, Letters of Credit, and other Trade Finance products.

• Demonstrated proficiency in managing Trade facilities across the globe and supporting  multiple business units across many different geographies.

• Experience working for a U.S. HQ business would be an advantage. 

• Excellent analytical skills, people skills, oral and written communication skills, and  presentation skills.

• In-depth understanding of treasury function and connectivity to key stakeholders such as  accounting, tax, and legal.

• Ability to effectively influence leaders at all levels.

• Intellectual curiosity and desire drive continuous improvement.

• Strong attention to detail, and a hands-on “roll up your sleeves” approach.

Chart is an equal opportunity employer

• Howden is a leading global engineering business who focuses on providing mission-critical air and gas handling products to our clients, helping them to increase their environmental and operational efficiencies. At Howden, we recognise the value of people and truly believe that by working together, aligned to a common purpose, we all have the opportunity to grow, learn and make a difference. The company’s Shared Service Centre was launched in 2015 and employs more than 140 people who provide support in Finance, Procurement, Logistic, Data & BI, and IT.

• Excellent benefits: competitive salary and cafeteria package, Private Medical Services, Group Life, Accident and Health insurance, home office allowance, extra holidays, different recognition items linked to the service time, Well-being initiatives

• Development Opportunities: constant learning opportunities, free e-learning courses, the  possibility of internal position changes and the chance to shape your own career

• Flexible and supportive working environment: opportunity of hybrid way of working, which  helps you to find your balance between your corporate and private life

• Global diverse community where people can support and learn from each other,  celebrate successes and have fun in team buildings and programs.

• Opportunity to be involved in our ESG “Bright Future” initiatives