Group Treasurer

Treasury today functions primarily as a reporting unit – tracking cash and positions, but not yet driving the active, data-driven

cash management, risk governance, and financial optimisation that a group of this size and complexity both needs and deserves.

We are looking for a Group Treasurer who changes that. Someone who combines deep technical command of treasury with a data-driven

mindset and the analytical rigour to turn treasury data into actionable insight – continuously optimising liquidity, cost of

funding, and financial risk across the Group.

The Group Treasurer owns the full treasury mandate for Nobia Group, spanning both the operational and the strategic. The role

covers:

• Cash flow forecasting & analytics – data-driven short- and medium-term liquidity forecasting, with rigorous variance analysis,

KPI dashboards, and continuous improvement of forecast accuracy and methodology

• Working capital optimisation & analytics – structured analysis of DIO, DSO, and DPO across the Group, identifying levers and

driving improvement in partnership with Finance and Operations

• Treasury governance, systems & data – treasury management system (TMS) utilisation, data architecture, bank account structure,

authorisation matrix, and internal controls; ensuring treasury operates on a solid, scalable data foundation

• Take active, data-driven ownership of the Group’s cash position – building real-time visibility across entities, moving from

passive reporting to proactive optimisation, and using data to drive decisions on liquidity deployment, timing, and cost

• Operate and continuously optimise the Group’s cash pool structure – using data to identify inefficiencies in liquidity

concentration, minimise idle cash, and ensure optimal deployment of funds across entities and currencies

• Build and own a data-driven cash flow forecasting capability – establishing structured forecast models, rigorous

actuals-vs-forecast variance tracking, and KPI-based reporting that gives management reliable forward visibility on liquidity

• Lead data-driven working capital optimisation – using cash conversion cycle analytics, DIO/DSO/DPO benchmarking, and structured

improvement programmes in close collaboration with Finance, Operations, and Commercial leadership

• Manage the Group’s existing credit facilities and banking relationships, ensuring headroom visibility and covenant compliance

at all times

• Lead preparation for refinancing processes – from lender analysis and documentation through to execution – in close partnership

with the Group CFO

• Build and maintain data-driven treasury risk dashboards – providing the Group CFO, Audit Committee, and Board with clear,

structured visibility on FX, interest rate, and counterparty exposures, including scenario analysis and sensitivity modelling

• Act as a trusted, analytically grounded advisor to the Group CFO and Group CEO on treasury matters – translating data and

financial positions into strategic insight, scenario-based recommendations, and clear decisions

• Contribute to the Group’s strategic planning and capital allocation discussions with well-founded treasury analysis and

scenario modelling

• Represent treasury in Board and Audit Committee materials – able to present complex positions clearly and credibly to a

listed-company governance audience

• Identify and articulate opportunities to structurally improve the Group’s financial flexibility, cost of funding, and cash

generation

• Proven track record in a treasury role at Group or Corporate level, ideally within a listed, multi-currency, multi-entity

environment.

• Hands-on experience with cash pool structures, FX hedging, and credit facility management – you have done this, not just

reported on it

• Familiarity with refinancing processes and bank negotiations; experience with covenant compliance and lender reporting in a

listed-company context is an advantage

• Background from a group treasury function, corporate bank, or Big Four corporate finance – a combination of advisory and

in-house experience is particularly valued; familiarity with treasury management systems (TMS), ERP integration, and

data/reporting tooling is a strong advantage

• Technical mastery – you have deep command of treasury instruments, structures, and markets, and are credible with banks,

auditors, and sophisticated counterparties

• Optimisation mindset – you do not just operate the function, you improve it systematically; you identify structural

inefficiencies in cash, cost of funding, and risk, quantify the opportunity, and drive change. You think in terms of

optimisation, not just compliance

• Executive presence – you communicate with authority and precision at CFO and CEO level; you are persuasive without being

promotional, and direct without being blunt

• Ownership mindset – you take responsibility for outcomes, not just activities; you are dissatisfied with a function that simply

tracks cash and energised by one that actively shapes it

• Data-driven mindset & analytical rigour – you are energised by data; you build structured models, establish KPI frameworks,

track actuals vs. forecast with discipline, and present scenario-based recommendations with the precision expected in a

listed-company context. You treat treasury as an analytical function, not just an operational one

• Relevant academic background in Finance, Economics, or Business; professional treasury qualification is an advantage but not a

requirement

• A mandate to transform treasury from a reporting function into a data-driven optimisation engine – with the full backing of the

Group CFO and Group CEO, and a clear brief to build the systems, analytics, and processes that a modern listed-group treasury

demands

• Direct access to and close collaboration with the Group CFO – you will be a key member of the CFO Office, not a function

operating in isolation

• A seat in a professionally ambitious Group Finance organisation at the centre of Nobia’s strategic transformation – where

treasury decisions actually matter

• Headquarters in Tilst, Aarhus – the home of Nobia’s Group CFO Office – with flexibility for travel to key banking and Group

locations

Curious for more?

Get a glimpse of what life is like at Nobia right here!

We look forward to hearing from you!

If you have any questions about the position, feel free to reach out to our CFO Nobia Denmark, Rasmus Sylvester Nørgreen at

Rasmus.Laursen@nobia.com

A cover letter is not necessary, but please include a short motivation in your CV. We process applications on an ongoing basis, so

we encourage you to send your CV as soon as possible.