The role

Treasury Manager (Mid Office) responsible for the operational execution, control, and management of treasury activities within Nebius Group. This role focuses on payments, FX execution, liquidity management, cash flow forecasting, and structured cash flow oversight (including SPV waterfalls), while ensuring strong controls, SOX compliance, and high-quality reporting.

Your responsibilities will include: 

Treasury Operations & Execution

• Execute daily treasury activities, including payments, intercompany funding, and cash positioning
• Manage and process FX transactions (spot, forwards, swaps) in line with approved strategies
• Oversee liquidity movements across bank accounts and entities
• Ensure timely and accurate settlement of treasury transactions

Payments, Cash Management & Cash Pooling

• Manage global payment processes, ensuring accuracy, control, and compliance
• Monitor bank balances and optimize cash positioning and funding requirements
• Manage and optimize cash pooling structures (physical and/or notional)
• Support bank account management, including opening, closing, and maintenance
• Ensure strong controls over payment approvals and execution

Cash Flow Forecasting & Liquidity Planning

• Develop and maintain short- and medium-term cash flow forecasts
• Partner with FP&A and business units to improve forecast accuracy and visibility
• Monitor forecast vs. actuals and analyze variances
• Support liquidity planning and funding decisions

SPV & Structured Cash Flow Management

• Manage and monitor SPV cash flows and waterfall structures
• Execute payments in line with priority of payments (waterfalls)
• Track covenant-related cash movements and ensure compliance with financing agreements
• Coordinate with legal, accounting, and external stakeholders on SPV-related activities

Controls, SOX & Audit

• Maintain and enforce robust operational controls across treasury processes
• Ensure compliance with SOX requirements, internal policies, and banking regulations
• Perform and review treasury reconciliations (cash, FX, intercompany)
• Maintain documentation of controls, procedures, and workflows
• Support internal and external audits, including preparation of audit materials and remediation of findings
• Drive continuous improvement of the control environment

Treasury Reporting & Analytics

• Prepare daily and periodic treasury reports, including cash positions, liquidity, FX activity, and forecasts
• Provide insights on cash movements, liquidity, and operational performance
• Support FP&A and Accounting with treasury-related data and analysis

Systems & Process Improvement

• Oversee data integrity and controls within Kyriba and related systems
• Enhance automation and reporting capabilities across treasury operations
• Partner with IT and Treasury teams on system implementations and upgrades

Stakeholder Management

• Act as key liaison between treasury, accounting, FP&A, audit, and banking partners
• Provide guidance and training to treasury team members on operations and controls
• Support treasury projects and initiatives

We expect you to have: 

• Bachelor’s or Master’s degree in Finance, Economics, or related field
• 5–8+ years of experience in treasury operations, cash management, or payments
• Strong understanding of FX products and settlement processes
• Experience with cash flow forecasting and liquidity management
• Familiarity with cash pooling structures and SPV environments is a strong advantage
• Experience in a SOX-controlled or public company environment
• Hands-on experience with treasury systems (Kyriba preferred)

Skills & Competencies

• Strong execution and operational mindset with high attention to detail
• Control-oriented with strong focus on compliance and audit readiness
• Ability to manage high transaction volumes in a fast-paced environment
• Strong analytical skills, particularly in cash and liquidity management
• Excellent communication and stakeholder management skills
• Structured, detail-oriented, and process-driven approach

The role

This position will support front office treasury activities within Nebius Group, with a focus on execution of FX transactions, liquidity management, investments, market analyses, banking products and strategic Treasury projects. This role provides strong exposure to financial markets, banking relationships, and treasury systems, while building core treasury expertise in a dynamic international environment.

Your responsibilities will include: 

Cash & Liquidity Management
• Support daily cash positioning and liquidity monitoring across global accounts
• Assist in execution of funding, intercompany loans, and cash pooling activities
• Monitor bank balances and ensure optimal utilization of available liquidity
• Support short-term cash forecasting and variance analysis

FX Dealing & Front Office Execution
• Assist in execution of FX trades (spot and forwards) under supervision
• Monitor FX exposures and support hedge execution processes
• Maintain trade documentation and ensure accurate deal capture in systems
• Track market movements and provide basic FX analysis

Financial Products
• In-depth knowledge of various banking products, including guarantees, money market funds (MMFs), investment/funding solutions, corporate debt, and corporate cards.
• Understanding of the legal documentation related to the financial products.
• Monitoring and analyzing markets, competitors, and (existing) covenants.

Banking & Counterparty Management
• Support communication with banks, FX counterparties, and internal stakeholders
• Assist in onboarding of new bank accounts and maintenance of signatories
• Ensure timely settlement and confirmation of treasury transactions

Treasury Systems & Operations
• Execute transactions and maintain data integrity in Kyriba and banking platforms
• Support reconciliation of treasury transactions and cash balances
• Assist in improving treasury processes and automation initiatives

Reporting & Controls
• Prepare daily and weekly treasury reports (cash, liquidity, FX positions)
• Ensure compliance with internal controls and treasury policies
• Support audit requests and documentation

We expect you to have: 

• Bachelor’s degree in Finance, Economics, or related field
• 3-5 years of experience in treasury, finance, or banking
• Basic understanding of financial markets and FX products
• Experience with treasury systems or TMS is a plus (Kyriba preferred)
• Strong AI, Excel and PowerPoint skills

Competencies: 

• High attention to detail and accuracy
• Eagerness to learn and develop in treasury front office activities
• Strong analytical and problem-solving skills
• Good communication and stakeholder coordination skills
• Ability to work in a fast-paced, international environment