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Job Description :

Job Title: FX Strategy Junior Manager

Location: Budapest

Contract Term: Fixed-term (1 year)

From pioneers like Arthur Guinness, John Walker and Elizabeth Cumming to the digital disrupters already shaping our future, at Diageo, we’ve never stopped looking forward. We’re continuing to build on our heritage and, with eCommerce at the heart of everything we do, we’re creating our legacy for tomorrow! Join us and explore new ways ahead with digital sales channels, consumer insight and data. As you help us to keep shaking up the market with industry-leading solutions, you’ll transform your career too!

About us

Diageo is the world’s leading premium drinks company with an outstanding collection of brands, such as Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray and Guinness. With over 200 brands in 180 countries and a global network of entrepreneurial individuals, our teams blend a diverse range of experience, knowledge and skills. We connect customers and consumers to our iconic products and create innovative experiences that bring people together to celebrate life.

About You

We are looking for a financial professional who previously had exposure to foreign exchange and related risk management and who is ready to shape the strategy of a key financial function on a global level. We are looking for someone who is inquisitive and wants to know what the key drivers are, constantly asking why and considering what if scenarios.

Function

Group Treasury operates across London and Budapest and carries out a full range of Treasury activities, including group funding, investment of funds, FX and interest rate risk management, cash management, risk financing and corporate finance. The FX Strategy Team is responsible for designing and implementing Diageo’s FX strategy, policy and managing all the Group FX exposures. Our team is also responsible for the assessment and coordination of group level projects from an FX Risk management perspective (e.g.: acquisitions, disposals, and restructurings).

The team is closely aligned with Treasury Capital Markets team in all group funding and debt currency choice decisions which can impact net investment hedging or monetary position risk management. It jointly monitors the group’s short term FX swap portfolio and actively looking for opportunities to minimize the cost of that.

About the Role

The FX Strategy Junior Manager provides support in the innovation of Group FX processes and overall FX strategy including productivity, pro-active risk management, and interest cost optimization initiatives. The role is the first point of contact for all group level projects having FX implications and ensures that these are properly considered and managed from foreign exchange risk perspective. The role builds and maintains great stakeholder relationships within and outside of Group Treasury and engages these stakeholders to ensure that foreign exchange impacts are considered properly, accounted for consistently and in line with Group Accounting requirements across the Group.

The FX Strategy Junior Manager is also ensures that the group bears no significant foreign exchange volatility and oversight the trades managing this risk from and between the group’s Treasury entities, holding and operating companies. The role assesses the foreign exchange and net investment hedging implications of the significant one-off projects (e.g. tax projects, acquisitions or disposals) and operates the group’s net investment strategy in line with the FX policy. The role reports to the Head of FX Strategy and is managing the day-to-day operation of the FX Strategy team.

Experience required/Skills/Capabilities/Languages

• At least 4-5 years working experience at multinational companies’ finance department

• Good understanding of FX forecasting, FX risk management and accounting basics

• ACCA / Accounting qualification is an advantage, but not required

• Prior experience in banking / financial institutions is an advantage

• Knowledge of financial instruments and related accounting is an advantage

• Ability to build and maintain excellent relationships with key stakeholders

• Ability to oversee complex processes and identify improvement opportunities

• Ability to engage and motivate others to drive solution

Benefits of working here

• Outstanding Family Leave opportunity

• We work without border - you will work with people from all over the world

• You will deal with extraordinary brand portfolio

• Wide variety of thematic events, afterwork activities organized by employee communities

• Product Allowance to purchase company products from the staff shop

• We won the Fittest Workplace Award, of course we have a Gym

• Urban legend is true, we do have a Rooftop Bar

Inclusion & Diversity

Celebrating our inclusive and diverse culture is core to Diageo’s purpose of “celebrating life every day everywhere”. This purpose is, in itself, inclusive in nature, as it values everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.

We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base. We view diversity as one of the key enablers that helps our business to grow and our values, purpose and standards set the conditions for us to respect the outstanding contribution each person brings!

Worker Type :

Fixed Term Contract (Fixed Term)

Primary Location:

Budapest

Additional Locations :

Job Posting Start Date :

2024-06-13

With over 200 brands sold in more than 180 countries, we’re the world’s leading premium drinks company. Every day, over 30,000 talented people come together at Diageo to create the magic behind our much-loved brands. From iconic names to innovative newcomers – the brands we’re building are rooted in culture and local communities. Our ambition is to be one of the best performing, most trusted and most respected consumer products companies in the world.

Our founders, such as Arthur Guinness, John Walker, and Charles Tanqueray, were visionary entrepreneurs whose brilliant minds helped shape the alcohol industry. And through our people, their legacy lives on. Join us, and you’ll collaborate with talented people from all corners of the world. Together, you’ll innovate and push boundaries, shaping a more inclusive and sustainable future that we can all be proud of.

With diversity at our core, we celebrate our people's unique passions, commitments and specialist skills. Because when varied voices, mindsets, and personalities come together, great ideas are born. In our supportive culture, your voice will be heard and you’ll be empowered to be you. Just bring your ambition, curiosity and ideas, and we’ll celebrate your work and help you reach your fullest potential.

DRINKiQ

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