WHAT TIMKEN MAKES POSSIBLE BEGINS WITH YOU.

Those who came before us helped land a man on the moon, create the world’s infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what’s next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today’s industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what’s possible in their world of motion.
The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries.
Looking for an experienced dynamic Treasury Manager, located in Gorinchem, the Netherlands, who will report directly to our VP Finance for Groeneveld-BEKA group, with a dotted line reporting relationship with WHQ Treasury and will be responsible for managing and executing treasury strategies, operations and policies, including overseeing liquidity, cash flow management, intercompany settlement, borrowing and foreign exchange management, along with taking actions to mitigate the effects of financial risk.

Your responsibilities:

• Manage treasury strategy and processes : in conjunction with headquarters, implement and support the development of group treasury strategies and procedures for applicable subsidiaries (primarily European). Includes implementing treasury management systems, financial risk management strategies and managing bank relationships.
• Manage cash flow and daily cash function: assist in monitoring bank balances and reconcile cash positions. Manage and execute intercompany netting and payments. Opening, closing and administration of bank accounts and authorized signatures. Ensuring and monitoring adequate cash flow for all companies managed. Forecast sources and uses for cash. Ensure financial needs are met through intercompany loans or external financing. Managing external debt under the company’s Timken Senior Credit Facility for activity (borrowing, repayment, servicing) facing European and other lower tier subsidiaries. Managing cash investments to ensure principal safety, liquidity and returns.
• Manage financial risk: assist in development and management of hedging strategy to protect against foreign currency fluctuations. Participating in planning, budgeting or forecasting activities for financial purposes.
• Entity management activities: provide oversight management of investments and risks of TEBV and assist with organizing board meetings.
• Manage M&A activities: due diligence, acquisition structuring and financing.
• Manage cash pooling initiatives: assist in developing strategy for effective global cash pooling strategy for the Company and its subsidiaries. In conjunction with cash pooling, will also work on identifying and executing cash mobility and repatriation opportunities

Minimum Qualifications:

• A Bachelor’s degree or Master’s degree, specified in Accounting, Finance or MBA.
• Treasury experience in industry including technical knowledge, in particular European Activity and experience with U.S. multinational entities.
• Experience with statutory and US GAAP and SEC regulations required, as well as experience. with software programs such as SAP and Treasury Management Systems (Kyriba, GTreasury, or others).

Key attributes:

• Strong technical, interpersonal, presentation and analytical skills.
• Knowledge of capital and currency markets, accounting, finance and tax.
• Focus on process improvement and internal controls.
• Excellent communication and relationship building skills.
• Ability to interface with those across functional groups.
• Great work ethic and integrity.
• English speaking is required.
• Ability to travel as necessary – less than 20%.

Our Offer:
We offer you a position in an informal, professional environment, a workplace with attractive development opportunities, competitive salary package and social benefits.
All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
Timken is a global technology leader in engineered bearings and industrial motion. Our expanding portfolio of next-generation solutions helps customers around the world improve efficiency, solve their toughest challenges, and push the boundaries of performance. We employ 19,000 people globally, operate from 45 countries, and posted $4.6 billion in sales in 2024.
We have been recognized as one of America’s Most Responsible Companies and one of America’s Greatest Workplaces for Diversity by Newsweek, one of the World’s Most Ethical Companies® by Ethisphere and one of America’s Most Innovative Companies by Fortune.

Why Choose Timken?

• Over a century of knowledge and innovation
• A culture of top performance
• A global, diverse environment
• Products that contribute to a sustainable world
• A conviction to improve communities around us
• Competitive salary and benefits

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• Manage treasury strategy and processes : in conjunction with headquarters, implement and support the development of group treasury strategies and procedures for applicable subsidiaries (primarily European). Includes implementing treasury management systems, financial risk management strategies and managing bank relationships.
• Manage cash flow and daily cash function: assist in monitoring bank balances and reconcile cash positions. Manage and execute intercompany netting and payments. Opening, closing and administration of bank accounts and authorized signatures. Ensuring and monitoring adequate cash flow for all companies managed. Forecast sources and uses for cash. Ensure financial needs are met through intercompany loans or external financing. Managing external debt under the company’s Timken Senior Credit Facility for activity (borrowing, repayment, servicing) facing European and other lower tier subsidiaries. Managing cash investments to ensure principal safety, liquidity and returns.
• Manage financial risk: assist in development and management of hedging strategy to protect against foreign currency fluctuations. Participating in planning, budgeting or forecasting activities for financial purposes.
• Entity management activities: provide oversight management of investments and risks of TEBV and assist with organizing board meetings.
• Manage M&A activities: due diligence, acquisition structuring and financing.
• Manage cash pooling initiatives: assist in developing strategy for effective global cash pooling strategy for the Company and its subsidiaries. In conjunction with cash pooling, will also work on identifying and executing cash mobility and repatriation opportunitie