Flexis - Head of Financing & Cash management

Flexis - Head of Financing & Cash Management

Location:
Massy, FR, 91300 Lyon, FR, 69802 GUYANCOURT, FR, 78280

Position Type:
Professional

Flexis is the new company in the green logistics sector, with the mission to create more sustainable societies and change the way we move goods through cities.

Mission
The Head of Financing & Cash Management is responsible for the company's funding strategy, cash flow to ensure liquidity, and optimal use of funds.

The first responsibilities will be to ensure that the company maintains its liquidity and efficient cash flow, secures its funding, and mitigates any treasury risk. He/she will deploy the most suitable funding strategy as per the company's situation. He/she is in charge of securing the source of funding, monitoring the free cash flow and daily treasury, and other relevant indicators, and is also responsible for the working capital efficiency of the Company.

He/she is involved, alongside the CFO, in the equity & debt operations of the Company.

Accordingly, he/she will interact with all internal or external stakeholders involved in the cash situation of the company.

He/she reports directly to the Chief Financial Officer of Flexis and is expected to grow his/her skills, leadership, and influence as per Flexis evolution.

Main Activities

• Monitor and forecast cash flow to ensure the company's performance and sufficient liquidity to meet its obligations.
• Develop strategies to optimize cash flow, including managing working capital.
• Propose and implement relevant treasury and cash flow performance indicators and reporting to management. Prepare and present regular reports on cash position, cash flow forecasts, and investment performance (jointly with controlling team).
• Fundraising and capital management:
  contribute actively to the process of raising capital through equity, debt, or other financial instruments.
• Manage relations with banks and financial institutions to negotiate favorable terms and ensure the company's needs are met.
• Management of bank accounts, daily treasury operations, and ensure efficient use of banking services.
• Identify and mitigate financial risks related to cash and liquidity, including interest rate and currency risk.
• Implement controls and procedures to safeguard the Company's financial assets and ensure compliance.
• Implement treasury management systems (TMS) to enhance efficiency and accuracy of cash management processes (jointly with IS/IT team). Keep updated on technological advancements in cash management and recommend improvements.
• Ensure, jointly with the Purchasing team, that payment terms applied by the Company are compatible with the treasury needs and expected performance.
• Involved in budget & financial forecasting for cash management and treasury topics.

Domains

• Cash management
• Treasury
• Working capital
• Tax

Skills

• Precise and rigorous
• Agile and able to adapt to complex and immature environments
• Ability to work autonomously and proactively in this function setup
• Technological expertise with the latest tools required by the job
• Team player, promoting collaboration and support
• May manage a team in the mid-term as per company needs
• Able to drive fast decision-making and ensure speed of execution
• Fluent in French and professional English

Experience

• 8-10+ years of finance/cash management/treasury & funding
• Experience with both scale-up/independent entities and large corporations
• Experience with fundraising operations in mid-cap entities
• Experience in the automotive industry is appreciated, but not mandatory

Travel Frequency:

• Frequent in the Paris area, across Flexis sites in Villebon, Technocenter Guyancourt, and as needed in Lyon (Business & Sales office of Flexis)

We want to become the primary provider of electrified urban logistics services through connected solutions and vehicles for our B2B partners and customers.

To make this project a reality, the Joint Venture Flexis has received initial funding and support from three major players in the commercial vehicle sector.

We are a team of diverse peers looking to create a future company that will grow to 100+ collaborators over the next six months. We aim to make this project raise significant investments and rapidly achieve a significant size with sales in excess of 2Bn. We are thinking big and fast. We will operate at the junction between electric vehicles and the digital world.

Being part of the team will offer you a strong opportunity to work on a Joint Venture creation and bring your passion, experience, and startup mindset to move forward with a more sustainable environment.

Organization:
Group Strategic Initiatives

Every day, Volvo Group products and services ensure that people have food on the table, children arrive safely at school, and roads and buildings can be constructed. Looking ahead, we are committed to driving the transition to sustainable and safe transport, mobility, and infrastructure solutions toward a net-zero society.

Joining Volvo Group, you will work with some of the world's most iconic brands and be part of a global and leading industrial company that is harnessing automated driving, electromobility, and connectivity.

Our people are passionate about what they do, aim for high performance, and thrive on teamwork and learning. Everyday life at Volvo is defined by a climate of support, care, and mutual respect.

If you aspire to grow and make an impact, join us on our journey to create a better and more resilient society for the coming generations.