Treasury Manager

Job Description
Treasury Manager
Treasury Manager

Strengthen Elopak’s Treasury Capability

Are you motivated by working at the intersection of treasury operations, financial markets and strategic financing in a listed international company? Join Elopak as Treasury Manager and play a key role in strengthening our front\- and mid\-office treasury capabilities. In this role, you will work across cash management and forecasting, financial risk management and hedge execution, debt financing, treasury reporting, and strategic decision support.

What you will do:

• Cash Management \& Forecasting: Manage centralized cash positions, short\-term financing needs and cash forecasting globally, supporting efficient use of the Group’s cashpools, understanding of key cash flow drivers and optimization of cash utilization across the Group.


• Risk Management \& Hedge Execution: Monitor foreign exchange, interest rate and commodity exposures, prepare hedge proposals and execute approved hedging transactions in line with approved strategies, mandates and limits, including related hedge documentation and support for hedge accounting processes, where relevant.


• Funding \& Financing Support: Support debt and funding activities, including refinancing, capital structure and credit rating analysis and monitoring, covenant reporting, bank interaction and strategic financing initiatives.


• Treasury Reporting \& Decision Support: Prepare front\- and mid\-office treasury reporting and decision support for internal stakeholders and relevant external financing, covering forecasts, exposures, hedges, funding, counterparty risk, policy compliance and other key treasury metrics.


• Governance \& Compliance: Monitor compliance with Treasury policies, delegated mandates and approved limits, while ensuring strong controls, documentation and clear segregation of duties from confirmation, settlement and accounting activities.


• Trade Finance, Counterparty Risk \& Insurance: Monitor counterparty exposures and limits, provide treasury input on guarantees, letters of credit and trade finance exposures, and support the annual insurance renewal process with internal stakeholders and external advisors.


• Stakeholder Collaboration \& Continuous Improvement: Partner closely with Finance, Accounting, Tax, Legal, business regions and external financial institutions while driving improvements to treasury processes, systems, reporting and data quality.

The position is based at Elopak’s corporate offices in Oslo, Norway, and reports to the Head of Treasury \& Investor Relations. You will collaborate closely with Finance leadership, banks, and internal stakeholders across the organization, gaining broad exposure to treasury operations, financial risk management, and strategic financing activities.

What you bring:

• A Bachelor’s or Master’s degree in finance, economics, business administration, or a related field


• 5\+ years of relevant experience from corporate treasury, banking, financial risk management, capital markets, or similar finance roles


• Strong understanding of cash management, cash forecasting, funding, financial exposures and risk management, including foreign exchange, interest rate or commodity hedging


• Experience with exposure analysis and hedge execution, funding, treasury reporting, treasury management systems and market data/reporting tools is an advantage.


• Strong analytical and numerical skills, with the ability to translate complex financial data into clear and actionable insights, recommendations and decision support


• Fluent in English, with excellent verbal and written communication skills

Legal authorization to work in Norway is required

• Why join Us?

As Treasury Manager, you will be at the center of Elopak's financial decision\-making, helping ensure the company is well positioned to support future growth, manage risk, and maintain financial flexibility in a lean Treasury and Investor Relations function. The role offers close collaboration with senior leadership and broad exposure to financial, operational, and strategic initiatives across the organization in a dynamic, international environment.

For more information, please contact Carina Steffens, Senior Talent Acquisition Partner, via carina.steffens@elopak.com .

How to Apply:

If you’re ready to take the next step in your career and make a difference, please submit your resume and a cover letter detailing your relevant experience and why you’re the perfect fit for this role.

Applications are handled on an ongoing basis. We do amend or withdraw our jobs and reserve the right to do so at any time, including prior to the advertised closing date.

We look forward to hearing from you!

About Elopak

Elopak is a leading global supplier of paper\-based packaging solutions, through the brands Pure\-Pak®, D\-PAK™ and Roll Fed, along with filling machines and services. The company’s iconic Pure\-Pak® cartons are made primarily from paperboard sourced from certified and controlled sources, providing a convenient alternative to plastic packaging. Founded in Norway in 1957 and listed on the Oslo Stock Exchange, the company employs more than 3,000 people and provides its solutions across more than 70 countries. Elopak has set Science Based Targets to reduce emissions in line with a 1\.5\-degree trajectory for scope 1 and 2, with a net\-zero commitment by 2050\.

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