The Treasury Career Corner

How can you give back and create a positive impact in treasury?In this episode of The Treasury Career Corner podcast, I speak with Caroline Stockmann, Chief Executive of the Association of Corporate Treasurers, since February 2017.We discuss her fascinatingly varied background in the arts, charity, and finance and how she eventually became a treasury professional. Using her background in charity, she’s dedicated to giving back and creating a positive impact in every role she’s been in. She also shares some of the wellbeing practices the ACT now uses in the face of COVID-19 challenges.Prior to her role at the ACT, Caroline held the position of Chief Financial Officer at The British Council, the UK’s largest charity, and before that at Save the Children International. She has 25 years’ experience in senior finance, commercial and strategic posts at a number of commercial organisations, including Novartis Pharmaceuticals (Switzerland), Cadbury Schweppes, Granada plc, and Unilever/Bestfoods (Thailand, Netherlands, and UK). Much of her working life has been spent overseas.Caroline trained with KPMG and is a Fellow (FCA) of the Institute of Chartered Accountants of England and Wales (ICAEW). She has an ICAEW Diploma in Charity Accounting and has filled numerous roles on boards over the years. Some current roles include being a member of the Finance and Investment Committee of the Elton John AIDS Foundation, Deputy Chair of the European Association of Corporate Treasurers, and the International Group of Treasury Associations, as well as President of the National Association of Corporate Treasurers (US). Caroline is a linguist, musician, trained coach, and passionate bell-ringer and is married with two children. Check out her weekly podcasts at www.treasurers.org/strategic-insights-podcasts.On the podcast, we discussed…How Caroline’s varied background eventually led her to finance and treasuryThe importance of taking new opportunities and trying new thingsWhy Caroline believes the most important thing is relationships and connectionHow the ACT has reacted to COVID-19 with new wellbeing practicesThe challenges ahead in the future of treasuryCaroline’s tips for those interested in a treasury careerYou can connect with Caroline on LinkedIn.Are you interested in pursuing a career within Treasury?Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!

Is automation the solution to challenges in treasury?In this episode of The Treasury Career Corner podcast, I speak with Vasu Reddy, Treasury Director – Africa at GE. He discusses the challenges of working with multiple countries in South and Central Africa, handling different languages, currencies, and processes. He believes that automation and AI are the solutions to dealing with outdated treasury systems.Vasu is responsible for providing a strategic and operational overview on global funding, cash, investments, borrowings and foreign exchange management, and other treasury services for GE's operations. This includes trade finance and guarantees, credit risk, factoring, insurance, M&A transactions, and repatriations in Sub-Saharan Africa which spans over 25 countries.He also supports the business needs for providing strategic advice on contract structuring, currency and cash restrictions, market research, indicative pricing, and hedging and liquidity strategies. As well as this, he’s responsible for establishing and maintaining global, regional, and local banking relationships with preferred and approved banks, central banks, and financial institutions.Vasu joined GE from Chevron, South Africa, where he was the Senior Treasury Manager, covering South & Central Africa for seven years. Prior to that, he was at Land and Development Bank of SA before spending six years at Woolworths Holdings Ltd. He is a highly experienced professional with 24 years’ treasury, banking, and finance experience, having worked in multinational companies in retail, banking, oil & gas sectors, and diversified manufacturing and industrials. Vasu holds a Bachelor of Commerce (Accounting) degree, an Honours degree in Financial Management from the University of Cape Town, a Postgraduate Diploma in Accounting from the University of Kwazulu Natal, South Africa. He also completed the Leadership Executive Program at the Graduate School of Business, Cape Town. Vasu is a member of the Association of Corporate Treasurers, South Africa.On the podcast, we discussed…Vasu’s background in accounting and finance managementWhy Vasu believes that treasury roles are varied and far from mundaneHow dealing with multiple different cultures, currencies, languages, and processes is a challengeWhy automation and new tech is vital for banks and treasury departments to invest inThe challenge of remote work when working with lots of different peopleVasu’s tips for getting ahead in a treasury role.You can connect with Vasu on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! 

Is face-to-face communication still necessary in modern treasury?In this episode of The Treasury Career Corner podcast, I speak with Luc Vlaminck, Group Treasurer at Rémy Cointreau. He discusses why remote working is great, but face-to-face communication is more natural and effective. He shares his thoughts on the future of remote and flexible working.Rémy Cointreau is a French family-run Group whose origins date back to 1724. The Group has an international portfolio of spirits (cognac, liqueurs, and spirits) and is the result of the 1990 merger of holding companies owned by the Hériard Dubreuil and Cointreau families, which controlled E. Rémy Martin & Cie SA and Cointreau & Cie SA, respectively. The Group is also the result of successive partnerships with other companies active in the same wines and spirits business lines. Today, approximately 1,800 employees are working within the Group around the world.Prior to Rémy Cointreau, Luc had roles at S.W.I.F.T, UCB and the Ingram Micro Coordination Centre. Luc is also a lecturer at ICHEC, an active member of the Payment Harmonization Commission of the EACT, and the SEPA End-Users consultation group at ECB. As of 2013, he has also been a board member of Goods to Give, a not-for-profit organization.On the podcast, we discussed…Luc’s varied career across accounting and treasuryThe challenges of working with big multinational companiesThe importance of face-to-face communication Why flexibility is important to keep workers happyWhy it’s important to give back to the communityLuc’s top tips for anyone interested in a career in treasuryYou can connect with Luc on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show, please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! 

How do you maintain great working relationships in the treasury profession? In this episode of The Treasury Career Corner podcast, I speak with Anh Duong, Group Treasury Director at ERM. We discuss the need for good communication and the surprising effects of working from home during the pandemic. He shares his thoughts on the pros and cons of working from home, the work-life balance, and the importance of face-to-face interactions.ERM is an ESG consulting company with approximately 100 BUs, 5,000 people operating in 40 countries across six continents. ERM is a private equity-backed business whose principal investors are its 700 partners, AIMCo and OMERS (AIMCO and OMERS, two large Canadian retirement funds with $100b AUM).Prior to ERM, Anh had roles as Head of Treasury at Imperial College London, Head of Forward FX and Interest Rate Risk Management at BP plc, and Interest Rate Derivatives Trader at Barclays Capital.On the podcast, we discussed…The importance of being flexible and diplomatic when joining a new team of peopleThe importance of earning respect by doing good workThe effects of working from home on team communication and the work-life balanceWhy Anh often prefers phone calls over email to solve problemsWhy face-to-face interaction is so importantEssential skills needed in treasury.You can connect with Anh on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!

What is the best way to learn and grow in a treasury role? In this episode of The Treasury Career Corner podcast, I speak with Jesper Nielsen-Terp, Treasury and Credit Risk Management expert. He believes that one of the most important things you can do in your career is to always ask questions.We discuss how asking questions and getting advice can help you learn and make better decisions. We also talk about the best ways to implement new treasury systems, and why you should always be open to new processes. Jesper is an international and experienced Treasury, Risk, Cash, and Portfolio Manager/Executive with more than 20 years combined experience from the corporate treasury, credit, and banking/financial industries. He recently added strategic education from IMD to his portfolio. In the last 14 years, Jesper went from Treasury Analyst to Corporate Treasurer, working for a Fortune 500 company and, recently, a large international trading house. In those positions, he headed and designed corporate treasury functions, starting with a Blank Sheet Treasury to a full-scale implementation. This included people management and coaching highly professional employees, which enabled the team to excel in a high-performing organization.On the podcast, we discussed…Why it’s so important to ask questions in treasuryWhy it’s vital to revaluate treasury systems to improve efficiencyHow to choose the best treasury systemThe best ways to implement treasury system changesJesper’s advice for those looking to take a similar career pathYou can connect Jesper on LinkedIn.You can also read Jesper's article 'Blank Sheet Treasury – a Guideline answering the “How”, “When” and “Why”' here.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!

How important is networking to getting ahead in a treasury career? In this episode of the Treasury Career Corner podcast, I speak with Remco de Vries, Group Treasurer at Experian, about networking in a treasury career. He discusses his accounting background and how trying new things and getting out of his comfort zone got him to where he is now.Experian is an Anglo-Irish multinational consumer credit reporting company. Experian collects and aggregates information on over 1 billion people and businesses, including 235 million individual U.S. consumers and more than 25 million U.S. businesses.Based in Dublin, Ireland, the company operates in 37 countries with offices in Brazil, the UK, and the United States. The company employs approximately 17,000 people and reported revenue of $5.2 billion for the fiscal year that ended in March 2020. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Remco has been Experian’s Group Treasurer since 2015 and is responsible for Experian’s global corporate treasury activities, which include funding, risk management, and cash management. Remco began his career with accountancy firm PwC in the Netherlands, where he qualified as a Chartered Accountant.Remco worked for two years at PwC Birmingham, working mainly with large corporates. He then joined GUS plc in 2005 and was involved in setting up Experian’s treasury operations at its corporate head office in Dublin in 2007 after the group’s demerger. Remco holds a master’s degree in Business Economics, is a member of the Dutch Institute of Chartered Accountants (NBA), and is an Associate Member of the ACT.On the podcast, we discussed…Remco’s background in accounting and financeThe benefits of starting with back-office treasury experienceThe challenges of recruiting the right people for treasury rolesHow Remco progressed in his careerWhy events and conferences are so useful to getting ahead in treasuryWhy it’s essential to get out of your comfort zone and try new things.You can connect with Remco on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!

What’s the key to developing a strong treasury career overseas?In this episode of the Treasury Career Corner Podcast, I speak with Roshun Tulkens, Group Treasurer for Mantrac Group, about what steps he’s taken to build a strong career in treasury both in the UK and the Middle East. He discusses his treasury background, what made him move to the UAE and what advice he has for someone looking to develop a similar career. Mantrac Group is an authorized Caterpillar dealer, selling across three continents with revenue close to $2bn. Roshun heads the Treasury, Trade Finance and Insurance departments, and his primary responsibilities involve raising debt, cash/liquidity management, risk management, customer financing, and Treasury operations. Originally from the UK, Roshun has lived in the UAE since 2014. Prior to Mantrac, Roshun was Head of Treasury at RB, covering 60+ countries across LATAM, Africa, ME, and APAC. His responsibilities included all areas of international treasury and risk management. Before leaving the UK, Roshun worked for Burberry, with front, middle and back-office responsibilities. Other previous companies include Rexam, where he supported the rollout of a TMS, for which they won the Large Cap Treasury Team of the Year award.Roshun is also Fellow of the Association of Corporate Treasurers, became AMCT qualified in 2012, and obtained his MCT Diploma in February 2015. On the podcast, we discussed…How Roshun first became hooked on a treasury career pathWhat inspired him to move to the UAE to pursue treasury rolesWhat it’s like to work in international treasuryWhat the most challenging parts of an international treasury career areHow important qualifications and networking were to Roshun when building his careerTips for those who want to work in treasury.You can connect with Roshun on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show, please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts, click here!

Have you ever wondered how varied and dynamic a treasury career can be?In this episode of the Treasury Career Corner podcast, I talk with Jay Steller, Assistant Treasurer at SI Group. He shares the story behind his career and gives tips for anyone looking to become a stand-out employee in the treasury profession. We discuss how varied the profession can be and all the different roles and industries treasury professionals can experience. SI Group is a performance additives and intermediates business offering a broad array of products that feed into diverse applications, including pharmaceuticals, plastics, oil and gas, and tires, among many others. They create solutions that provide formulators and manufacturers with the ability to increase efficacy, efficiency, productivity, and purity in countless industrial and consumer goods.Prior to this, Jay was an independent consultant providing advisory services and treasury advice to various companies in areas such as corporate treasury, enterprise risk management, and acquisition integration. His varied experience also includes working with the likes of Chase Bank, IBM and even Hershey’s chocolate company. On the podcast we discussed…How Jay broke into the finance and treasury industryHow varied the treasury industry can be The different elements of treasury Jay has experiencedWhat aspiring treasury professionals should focus onWhat employee characteristics stand out to managers Jay’s tips for career success in treasuryYou can connect with Jay on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! 

How do you develop the skills and experience necessary for a treasury career? In this episode of The Treasury Career Corner Podcast, I speak with Hailey Laverty, Group Treasurer at InterContinental Hotel Group plc (IHG). We discuss how she first started her treasury career in accounting, how she developed the necessary skills and experience to build her career, the importance of always going above and beyond the job description, and so much more! Hailey has been Group Treasurer at InterContinental Hotels Group plc (IHG) since 2016. She has over 10 years’ experience in a wide range of treasury areas, including funding, cash management, systems, treasury control, and accounting. She completed the AMCT in 2012. Hailey started her career at Deloitte and qualified as a chartered accountant in 2004 before moving to Rolls-Royce plc, where she spent ten years in various accounting and treasury roles.IHG® is one of the world’s leading hotel companies, with a promise to provide True Hospitality for everyone, making everyone feel welcome and cared for, recognised and respected, whoever and wherever they are in the world. They franchise, lease, manage or own nearly 5,800 hotels and approximately 865,000 guest rooms in more than 100 countries, with over 1,900 hotels in its development pipeline.IHG also manages IHG® Rewards Club, their global loyalty programme, which has more than 100 million enrolled members. Their brands are well-known and loved the world over and include Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, and Holiday Inn Hotels & Resorts, to name just a few!On the podcast we discussed…How Hailey first started her finance careerHow she switched from accounting at Deloitte to engineering and then IHGWhat Hailey enjoys most about working in treasuryHow different industries have different working cultures within treasuryThe impact of the pandemic on the hotel industry and cash flowHow to gain experience and skills outside of your usual job roleWhat treasury professionals look for when hiring new talentYou can connect with Hailey on LinkedIn.Are you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! 

In this extra special episode of the Treasury Career Corner podcast, you’ll get to listen in on a live webinar hosted by Mike for TMAC, the Treasury Management Association of Chicago.Mike speaks to the TMAC members about their treasury careers and offers his advice as a Treasury Recruiter with over 20 years of treasury recruitment expertise. He shares his expert advice on how to make your resume stand out, how to make the best first impression in a virtual job interview, and so much more.Over the past two decades, the world of treasury recruitment has changed beyond belief. It is not enough anymore to just have the perfect resume to get ahead in your career. You need to build an online personal brand that not only captures the attention of your audience but presents a powerful message to those seeking your treasury expertise.So, if a treasury career is in your future and you’re looking for expert advice to help you land your dream job, this is the episode for you!In this episode, you’ll learn:How to craft your resume offering some do’s and don’ts along the wayWhy having a powerful LinkedIn profile is a key to crafting your own personal brand How your LinkedIn profile can help advance your reputation and credibility as a treasury professionalMike discusses the brave new world of virtual interviewing What you need to do to prepare yourself for your next one to one grilling!The power of marginal gains If you are looking for your next treasury career move or need advice about recruiting the next member of your treasury team then you can email Mike via mike@treasuryrecruitment.comImportant Mentions & Links:Treasury Library Ep.39 of the Treasury Career Corner podcast – Defining Your Treasury Legacy with Chris FultonTreasury Recruitment websiteFor the full YouTube video from the session visithttps://youtu.be/fVuK8-0T1IgAre you interested in pursuing a career within Treasury? Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you’re enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!