Treasurer

JET Group is looking for a Treasurer to manage daily liquidity and payment operations across JET LATAM.

The role involves working with multiple legal entities in Brazil, Chile, Mexico, and Colombia.

Key Responsibilities

Treasury Operations & Cash Management

• Manage payment calendars and prepare short- and medium-term cash flow forecasts for Brazilian legal entities.
• Prepare and execute payments to suppliers and contractors, as well as tax and payroll payments, ensuring compliance with payment limits and approval procedures.
• Monitor daily bank account balances and manage cash movements between accounts and legal entities.
• Invest surplus funds in deposits, CDBs, money market funds, and other short-term instruments, considering returns, liquidity, and banking risks.
• Manage acquiring-related cash inflows: reconcile settlements from acquirers, monitor settlement schedules, and assess opportunities for receivables refinancing.
• Manage intercompany settlements and loans, including payments, reconciliations, and coordination with accounting teams on related accounting entries.

Banking Relationships & Financing

• Identify and secure bank financing, including loans, overdrafts, working capital financing, leasing, and other financial products.
• Establish and maintain credit facilities, negotiate interest rates, terms, collateral requirements, and covenants with banks.
• Prepare documentation packages for banks and lenders, including financial statements, forecasts, and company presentations.
• Participate in the preparation and issuance of debt instruments, including bonds and debentures, in collaboration with legal teams, underwriters, and consultants.
• Monitor compliance with loan agreements, including repayment schedules, financial covenants, and reporting requirements to lenders.
• Manage banking relationships, including opening and maintaining bank accounts, managing limits, negotiating fees, and implementing new banking services.

International Operations & Other Responsibilities

• Manage foreign exchange operations, international payments, and FX-related processes, including import transactions and, when necessary, hedging foreign exchange risks.
• Perform bank reconciliations in collaboration with accounting teams and prepare data for month-end closing.
• Support new projects, city launches, and changes in the group's corporate structure from a payments and liquidity perspective.

Requirements

• At least 3 years of experience in treasury or financial controlling, preferably in a service or retail company with a high volume of payments and multiple locations.
• Experience securing bank financing, establishing credit facilities, and negotiating with banks.
• Knowledge of short-term investment instruments, including CDBs, LCI/LCAs, and money market funds.
• Understanding of financial covenants.
• Knowledge of Brazilian banking and payment products, including Pix, TED, boleto, DDA, and acquiring services.
• Basic understanding of accounting principles and tax calendars, with the ability to reconcile financial data with accounting teams.
• Experience in cash flow forecasting and payment calendar management.
• Proficiency in Excel or Google Sheets, including pivot tables, VLOOKUP/XLOOKUP, and working with large datasets.
• Experience automating processes using AI.
• Experience with ERP systems (experience with any ERP system is sufficient).
• Experience using online banking platforms, banking portals, and corporate banking systems.
• Fluent Portuguese (required).
• Working proficiency in English (required).

Nice to Have

• Experience in debt capital markets, including debentures and bonds.
• Experience in foreign exchange operations and international trade payments.
• Knowledge of Power BI.

Working Conditions

• Office location: São Paulo, Brazil.
• Work format: On-site.
• Working hours: Flexibility may be required to coordinate across different time zones and support unexpected city launches.

Working with multiple legal entities requires strong attention to detail and disciplined document management.

The company is growing and evolving, with ongoing ERP Next implementation and corporate restructuring. Therefore, adaptability to changing processes is important.