Treasury Director

Ostrovok.ru is a travel-tech company that creates platforms for online booking of hotels, air tickets and other services for both individual travelers and corporate clients and travel agencies. Our brands: Ostrovok.ru, B2B.Ostrovok.ru, Ostrovok.ru Komandirovki. We develop projects both in Russia and abroad.

Key Responsibilities:

• Cash management

  • monitor daily cash and liquidity positions;

  • manage cash collection from customers and processors;

  • optimize liquidity by managing cash pooling, intercompany transactions, credit facilities;

  • develop and maintain relationships with banking partners and financial institutions, diversifying access to services and optimizing the fees.

• Financial analysis

  • forecast detailed short-term cash flows;

  • conduct financial analysis in alias with FP&A Division to gather financial data and provide insights for budgeting and long-term business planning of cash flows;

  • development of the analytical framework (including dashboards in alias with Analytics Department) used to support the treasury decisions to monitor and optimize the use of working capital and mitigate risks.

• Risk management, compliance, and controls

  • identify, analyze, and mitigate financial risks, specifically credit and FX risks;

  • liaise with the Financial Reporting and Accounting Divisions to perform monthly close activities related to treasury accounting, support internal and external audits;

  • continuous improvement of treasury processes (with a focus on automation) and control procedures on payment and collection discipline, KYC, and security requirements.

• Other areas:

  • manage and develop the team (16 FTE, including collection specialists), matrix oversight of decentralized treasury specialists from Accounting Divisions, sync its targets with the company objectives;

  • lead the development of a group's treasury management system;

  • lead ad hoc projects and support business requests from a treasury perspective, specifically the launch of the new legal entities (optimal cash flow structure, choice of bank, local bank regulations, risk assessment).

You have:

• University degree in finance, preferably quantitative field.

• 8+ years of experience in treasury/corporate finance/banking roles.

• 5+ years of hiring, leading and developing team experience.

• 3+ years of working with senior staff (e.g., c-suite) experience.

• Proven experience with multi-entity group, project management.

• Fluent English.

• Location in EU is preferred or plan to relocate to EU in a 1-1.5 year time.

• Strong IT skills with Microsoft Office (Excel & PowerPoint).

• Experience in banking/treasury/accounting systems.

• Experience in an international corporation and/or IT company is a plus.

• Experience with Structured Query Language is a plus.

• Financial qualifications CFA/ACCA or equivalent is a plus.

• Ability to demonstrate sound financial and business judgment, even in ambiguous situations.

• Comfort with handling significant and complex matters with short turnaround times.

• Comfort to “roll up sleeves” and delve deep into the processes.

We are pleased to offer:

• Remote work format.

• Flexible working hours — we don’t require you to be online or in the office at 09:00 sharp.

• Interesting and ambitious tasks that will take you to the next professional level.

• Learning: seminars, trainings and conferences.

• Corporate English.

• Corporate discounts on hotels and other services.

• Young and active team of super professionals.