
Director of Treasury
6 days ago
Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight. Our mission is helping you see better, to live better. Our portfolio covers over 400 products with a global footprint and approximately 13,000 employees in about 100 countries.
The position is based in our Dublin citywest office and is a hybrid role of 3 days in the office and 2 days from home.
Position SummaryThe EMEA Head of Treasury is responsible for leading the treasury function across the EMEA region. This strategic role ensures optimal liquidity, capital efficiency, and financial risk management across the region. Key areas of focus include cash forecasting, dividend planning, and working capital optimization. The role reports directly to the VP Assistant Treasurer and collaborates closely with global and regional finance teams.
Key ResponsibilitiesCash Forecasting & Liquidity Management
- Develop and maintain accurate short-, medium-, and long-term cash flow forecasts across EMEA entities.
- Monitor and manage daily liquidity positions to ensure sufficient funding for operational and strategic needs.
- Collaborate with local finance teams and shared service centers to enhance forecast accuracy and cash visibility.
- Design and implement workflow processes and dashboards in Kyriba to support real-time liquidity management and reporting.
- Oversight, maintenance and optimization of EMEA cash pool.
- Support the Executive Director & Assistant Treasurer in optimizing the intercompany debt structure and developing cash mobilization strategies aiming at reduction of idle liquidity in the EMEA region.
- Manage cash movement activities through the preparation and analysis of intercompany loans, capital contributions, and dividends; always ensure adequate liquidity across all legal entities.
- Oversight and control of the monthly global netting process.
- Lead the planning and execution of dividend distributions in compliance with local legal and tax frameworks.
- Partner with Tax, Legal, and Accounting teams to assess the financial and regulatory implications of dividend strategies.
- Support global capital repatriation strategies through efficient dividend planning.
Working Capital Optimization
- Analyze and improve working capital metrics (DSO, DPO, inventory turnover) across the region.
- Collaborate with cross-functional teams to implement initiatives that enhance cash conversion cycles.
- Drive treasury-related process improvements and automation to support working capital goals.
- Manage regional banking relationships and optimize bank account structures.
- Ensure compliance with internal controls, policies, and regulatory requirements.
- Maintain a robust Treasury control framework by continuously adjusting Treasury policies to reflect organizational and procedural changes.
- Lead and develop a high-performing regional treasury team, implement best in class policies and procedures.
- Act as a strategic advisor to regional and global leadership on treasury-related matters.
- Represent EMEA Treasury in global treasury initiatives and cross-functional projects.
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or professional certification (e.g., ACT, CFA, CTP) preferred.
- 10+ years of treasury experience, with at least 5 years in a leadership role within a multinational environment.
- Strong expertise in Treasury operations, cash forecasting, dividend planning, and working capital management.
- Hands-on experience with Kyriba, including implementation, workflow design, and dashboard development.
- Proficiency with other treasury management systems (e.g., SAP, Quantum) and financial modeling.
- Excellent communication, leadership, and stakeholder management skills.
- Director
- Full-time
- Accounting/Auditing, Manufacturing, and Management
- Medical Equipment Manufacturing, Pharmaceutical Manufacturing, and Food and Beverage Manufacturing
We're not including extraneous postings or boilerplate content; this description focuses on the role and required qualifications.
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