The Treasury Career Corner

Let’s be honest, sometimes treasury management can be tedious. However, there are ways that you can streamline the process to make treasury management more efficient. I talk about this with my guest on this episode of the Treasury Career Corner podcast, Jonathan Burkhead, the Senior Director of Global Treasury at OpenText.OpenText Corporation is a Canadian company that develops and sells enterprise information management (EIM) software. OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's largest software company as of 2014 and recognised as one of Canada's top 100 employers in 2016 by Mediacorp Canada Inc.OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms. OpenText aims its products at addressing information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.As a company, they currently employ over 12,000 people worldwide and it is a publicly-traded company, listed on the NASDAQ (OTEX) and the Toronto Stock Exchange (OTEX).On the podcast we discussed…How Jonathan went from working in the insurance industry to treasuryHow treasurers can add value through the consultative side of their role How treasury differed between the various companies that Jonathan worked with over the yearsJonathon’s ultimate ‘treasury ethos’Why measuring metrics is so vital for treasurersWhat OpenText is and what they doHow to make treasury management more efficientHow the cyberworld is impacting treasury processes at OpenTextTo connect with Jonathan on LinkedIn, click 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 it to build connections with other finance and treasury professionals?My guest on this episode of the Treasury Career Corner podcast, Joseph Neu, is the Founder and CEO of NeuGroup, and strongly believes in the power of networking and learning from other finance professionals.Joseph founded NeuGroup 25 years ago to provide insight to treasury and finance leaders to help them succeed. In 2001, he transformed the company into a membership organisation for leading peer knowledge exchange, starting with the tech sector, via peer groups segmented by company size, sector or job role. This carefully curated network now includes many of the world’s most iconic companies and over 500 corporate finance and treasury professionals from a variety of sectors. With its current mission, NeuGroup seeks to connect every corporate finance and treasury professional who wants to share and learn with others willing to do the same. They distil insight from these exchanges to help them succeed. Joseph is also a master distiller of insight for all NeuGroup stakeholders and a regular contributor to NeuGroup Insights, the company’s digital newsletter.On the podcast we discussed…Joseph’s impressive career path from his early days to launching his company, NeuGroupWhat sparked Joseph’s initial interest in treasuryWhat NeuGroup does and its core missionHow to create a trusted environment where people feel safe to open up The importance of giving and developing this habit of successThe value of being part of a membership and connecting with othersHow technology will change the dynamic of treasury departmentsHow to advance in your career and reach your full potentialIf you’d like to connect with Joseph, you can reach out to him via his LinkedIn profile.If you’d like to read the book that Joseph recommended in this episode, Give and Take by Adam Grant, click 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!

In this episode of the Treasury Career Corner podcast, I’m joined by Hans Grundström, the Treasury Manager & Director at Getinge Group. Hans is Swedish but received his business degree from Trinity College Dublin and lived in Ireland for 20 years working for Getinge, CITI, and Accenture.Today, Hans is the Treasury Director of an intercompany lending operation for Getinge. The company was founded in 1904 in the small town of Getinge in Sweden. It’s a leading global provider of products and systems that contribute to quality enhancement and cost efficiency within healthcare and life sciences. Getinge provides hospitals and life science institutions with products and solutions aiming to improve clinical results and optimise workflows. Their offering includes solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. They currently employ more than 10,000 employees worldwide with operations in more than 40 countries.With a Head Office located in Gothenburg, Sweden, Getinge has achieved sales in more than 135 countries and brought in 24.1 billion SEK in revenue in 2018. On the podcast we discussed…How Hans discovered treasuryWhy cheques still have a place in treasuryWhat the role of a treasury manager entailsHow automation and technology can aid treasurers and help save timeWhat Hans predicts for the future of his own career and treasury as an industryHans top tips for anyone who aspires to follow a similar career pathIf you’d like to get in touch with Hans Grundström, you can connect with him via 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! 

Technology has had a huge impact on the treasury industry over the last few years and as technology continues to develop, a lot of treasury professionals are curious to find out how it will impact the future of the industry. I was curious about this too, which is why I invited Felix Meyer, the Business IT Manager and Treasury Technology Expert at ABB Capital B.V, onto this episode of The Treasury Career Corner podcast.Felix has over 10 years of experience leading, driving and consulting projects of various sizes in a multi-cultural environment. His true passion lies with IT and treasury technology. He has a lot of business and technical experience in the financial technology sector and program management from requirements gathering to RFP, technical design, execution, implementation, communication, on-boarding, and stakeholder management.He currently works as the Corporate Treasury Business IT Manager at ABB Capital B.V., which is a financial services company based out of Rotterdam, Netherlands. ABB is a technology leader that is driving the digital transformation of industries. ABB’s history of innovation spans over 130 years and there is currently four customer-​focused, globally leading businesses under the ABB umbrella, operating in more than 100 countries with about 147,000 employees.On the podcast we discussed…What attracted Felix to treasury technology and automationHow treasury technology has evolved and why it’s worth your time How new systems and solutions are impacting the dynamics of treasury teamsWhether treasurers should invest in emerging technologyWhat keeps Felix enthusiastic and passionate about treasury technologyHow technology can add value to the future of treasuryWhy it’s important for treasurers to keep up with technological upgrades Felix’s tips to help aspiring treasurers embrace technology and follow a similar career path to hisIf you’d like to get in touch with Felix Meyer, you can connect with him via his LinkedIn profile. 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.

Chris Wikoff has been involved in corporate finance and treasury for over 20 years, yet he’s still bringing fresh ideas and innovation to the profession to this day.As Executive Vice President and Treasurer of Intrado, a Fortune 1000 communications and network infrastructure provider, Chris has revolutionised the company’s approach to treasury – streamlining services, deploying appropriate technologies, and adding complexity where it was lacking. With revenues in excess of $2bn, a global customer-base, and a breadth of products and services, Intrado’s operations are highly complex. Chris’ role as Treasurer requires great attention to detail and knowledge to effectively and successfully maintain the high standards that have made them such a powerhouse in their industry.Though that is a lot of responsibility on his shoulders, it is not unfamiliar territory. Chris’ career has spanned several billion-dollar revenue Fortune 500 and 1000 companies, but the real unifying feature of his CV is his commitment to innovation.It was fantastic to hear more from Chris about how he has managed to keep a fresh and innovative perspective on treasury in such high-pressure environments. It’s safe to say, the results speak for themselves.Chris joins me on this episode to share the tips and tricks that have made his career so successful.On the podcast we discussed…Chris’ journey into treasuryHow to thrive in businesses in a high-growth phase, to the point of scaling internationallyWhat the positives and negatives were to entering treasury from a more senior position than mostWhat he attributes his career progression toHow he helps his teams growHow to adapt your planning cycles in high-workload and high-demand environmentsI’m sure you’ll agree, Chris has some incredible insights to share. If you’d like to hear more of Chris’ valuable advice, you can connect with him 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 episode of The Treasury Career Corner podcast, I’m pleased to be joined by Karen Molloy, Vice President and Treasurer at Northwestern Mutual.Northwestern Mutual celebrated their 160th anniversary in 2019 and have been providing financial services to their policy owners – not shareholders – since day one. From the story of their Board of Trustees personally borrowing money to settle an extraordinary claim in 1859 to paying an expected $6bn in dividends to over 4.5m policy owners in 2020, Northwestern Mutual have always been focused on client satisfaction.Northwestern Mutual pride themselves on offering a holistic service to their clients. Offering everything from college savings plans and wealth management to retirement planning and life insurance, Northwestern Mutual aims to serve its clients at every stage of their lives.Karen Molloy has been at the heart of Northwestern Mutual’s continued commitment to its clients for the last 30 years. Holding the position of Vice President and Treasurer since January 2012, Karen has worked her way up the business with dedication, talent, and an instinct for treasury. However, she readily admits becoming Treasurer was “never on [her] radar”, Karen has taken every opportunity for progression in her stride and learned some important lessons along the way.It’s a real honour to have Karen join me for this episode of The Treasury Career Corner podcast, in which she kindly shares some of the most important lessons from the last 30 years.On the podcast we discussed…The benefits of working for a mutual company How a holistic approach to treasury means a better service for clientsThe ways treasury has changed in the last 30 years, especially with advancements in technologyHow Karen progressed her career and the ethos with which she has always workedWhy CPD is so important for treasurersKaren’s leadership style and advice for recruiting great team membersDo you want to explore more of what Karen discussed in this episode? You can connect with her 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 week’s show, I am joined by Christopher Corner, the former Deputy Group Treasurer at Thomas Cook.Thomas Cook Group plc was a British global travel group, formed in June 2007 by the merger of Thomas Cook AG (itself the successor to Thomas Cook & Son) and MyTravel Group. The group operated in two separate segments: a tour operator and an airline. It also operated travel agencies in Europe. Thomas Cook was listed on both the London Stock Exchange and the Frankfurt Stock Exchange (The Thomas Cook Group).On 23rd September 2019, the Thomas Cook Group and all UK entities went into compulsory liquidation and ceased trading. Approximately 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left abroad, triggering the UK's largest peacetime repatriation.After the collapse, segments of the company were purchased by others, including the travel stores in the UK, Thomas Cook Scandinavia, and the Thomas Cook brand.Christopher started his career as a graduate trainee at Lloyds in corporate finance before moving into a treasury role at Johnson Matthey plc, taking an assistant treasurer role at GE Insurance Solutions before being offered the Group Treasurer role at The Capita Group. He was also responsible for establishing full treasury functionality for BBC Worldwide, before taking on the Deputy Treasurer role centralising all treasury across the BBC.I’m delighted to have Christopher on the Treasury Career Corner podcast where we talk about how he has weathered big treasury challenges in the companies he has worked for and how that has shaped his career.On the podcast we discussed…Christopher’s early interest in treasuryHow his career has been shaped by restructuring, acquisitions and insolvencyManaging debt at Thomas Cook and dealing with the cumulative impact of terrorism, strikes, the 2018 heatwave and BrexitChristopher’s reflection on managing liquidity and dealing with nervous stakeholders in the last 12 monthsThe importance of studying to help you move between rolesThe role of treasurers as risk managers for the businessWould you like to get in touch with Christopher? If so, you can connect with him via 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!

This week’s guest on the Treasury Career Corner Podcast Todd Yoder, Director of Global Corporate Treasury at Fluor Corporation, has worked across some of the largest engineering, procurement and construction projects in the world. Founded in 1912 and headquartered in Irving, Texas, the Fluor Corporation is one of the world’s largest engineering, procurement, fabrication, construction and maintenance companies. It has been responsible for some of the world’s most complex projects, from bridges to diamond mines to oil refineries and pipelines, Fluor operates across six continents and has been listed in Fortune Magazine’s “World’s Most Admired Companies" for 19 consecutive years. It has revenues of $19.2 billion in 2018 and over 53,000 employees working across 100 countries. Prior to Fluor, Todd worked at Capital Bancorp in commercial credit before moving to Catalyst Marketing Design Inc. He then joined Zimmer Holdings Inc where he was involved in a wide range of global treasury responsibilities. He was eventually promoted to oversee the financial planning and analysis for Zimmer’s Reconstructive Global Hips and Trauma divisions. He also worked for Anthem, one of the largest health benefits companies before moving to Fluor.Todd has been given multiple awards for his work at Fluor for his corporate treasury strategy. In 2019 he was given Fluor’s prestigious Tappan Award for being a key team member on the Gordie Howe International Bridge. Todd is also known for being a treasury technology expert and is at the forefront of utilizing AI, data visualisation and robotic process automation within multi-national corporate treasury to add value to the business. He has an insatiable thirst for knowledge and holds three business degrees. He has also been a guest speaker at numerous engagements including The Economist magazine’s EuroFinance events; and has been published in Treasury Today magazine, The Global Treasurer and Bloomberg. I’m delighted to welcome Todd on to the Treasury Career Corner podcast this week where we go right back to his early childhood of taking apart telephones to managing treasury for complex global mega-projects.On the podcast we discussed…How Todd’s childhood shaped his work ethic How his first job gave him a crash course in managementThe moment Todd fell in love with treasuryThe sink or swim culture at ZimmerWhat a recruiter said that convinced him to make the move to FluorWorking on mega projects in excess of $15+ billion at FluorTodd’s insights into how technology is shaping treasury and some invaluable career tipsWould you like to get in touch with Todd? If so, you can connect with him via 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!

On this episode of the Treasury Career Corner Podcast, I speak to Senne Van Nieuwenborgh, Senior Vice President, Treasury at SES Satellites. He made the move from management consulting into treasury and quickly progressed up the treasury career, taking roles in diverse industries, from mining to metals to space! SES are based in Betzdorf, Luxembourg and are a world-leading satellite operator. They also have more than 50 satellites in Geostationary Earth Orbit (GEO) and 20 in Medium Earth Orbit (MEO). They focus on value-added, end-to-end solutions in two key business units: SES Video and SES Networks. The company also provides satellite communication services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. Founded in 1985 as Société Européenne des Satellites, the company was renamed SES Global in 2001 and has been simply “SES” since 2006. Senne started off studying law before starting work as a management consultant at Anderson Consulting (now Accenture). An opportunity came up to join Dow Chemical. He instantly clicked with the people and the company and spent the next 7 years moving around the company acquiring the technical skill-set that got him headhunted for Nyrstar. Senne has some great lessons for those starting out or for those looking to progress up the treasury career ladder. I'm delighted to welcome Senne onto The Treasury Career Corner podcast this week to share his insight. On the podcast we discussed…Senne's time in consulting and why he made the move into treasury at Dow ChemicalThe benefits of working for a large company which is focussed on people How Senne made the jump from Treasury Manager for EMEA to Group Treasurer of a publicly listed companyThe difference between working for a mining company to working for a space companyThe importance of being humble, building trust and connections in a new senior roleWhy it’s important to have not just technical skills, but people skills when you move further up the ladder Would you like to get in touch with Senne? If so, you can connect with him via his LinkedIn profile.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!

Join me on this episode of The Treasury Career Corner Podcast, where I speak to Ramon Tolk, the Senior Director of Treasury at Avery Dennison. Ramon is responsible for treasury and FX management and loans for Avery Dennison and is based in The Netherlands. His career has taken him from the world of auditing, to consultancy to treasury. He is also a frequent speaker at conferences and has written several articles on treasury topics and is sought after as a guest lecturer for bachelor and master’s courses on treasury. While you may have used Avery labels, what you may not know is that the Avery Dennison Corporation is actually a global Fortune 500 company in materials science which specialises not just in labelling, but in the design and manufacture a range of functional materials. For over eight decades, they have been manufacturing products that are used in almost every major industry. Today they make a range of physical and digital products; ranging from radio-frequency identification (RFID), pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications and tags and embellishments for apparel. Headquartered in Glendale, California, the company employs approximately 30,000 employees in more than 50 countries. Their reported sales in 2018 were $7.2 billion. Today they strive to find innovative, intelligent and sustainable solutions for customers across the globe. Prior to working for Avery Dennison, Ramon started as in auditing at Deloitte before progressing to the position of Senior Manager, heading up the Regulatory and Accounting team within Treasury & Capital Markets for a range of international companies. He then consulted at Numico and managed their transition to Danone. In 2012, Ramon moved to VimpelCom where he set up the treasury management systems, controls, and compliance processes as well as dealing with corporate finance strategy. He believes being able to have a broad knowledge in your field and sharing that knowledge with others is the key to a successful treasury career.If you want to get the ‘bigger picture’ of what a global treasury career could be, then make sure you listen in to Ramon’s interview.On the podcast we discussed…How Ramon’s auditing background helped him in his treasury careerWhy Ramon made the switch from consulting to corporate Dealing with the complexity of emerging markets and shareholders at VimpelComMaking the move to Avery Dennison and being responsible for treasury, FX and a global cash management projectWhy he believes in sharing treasury knowledge on the speaking circuitHow always seeking continuous improvement is the key to Ramon’s successAre 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!