EMEA Head of Treasury - Director

Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world—from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better.

Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our 170-year history. We have a significant global research, development, manufacturing and commercial footprint of approximately 13,000 employees  and a presence in approximately 100 countries , extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future. 

The position is based in our Dublin office and is a hybrid role of 3 days in the office and 2 days from home.

Position Summary:

The EMEA Head of Treasury is responsible for leading the treasury function across the EMEA region. This strategic role ensures optimal liquidity, capital efficiency, and financial risk management across the region. Key areas of focus include cash forecasting, dividend planning, and working capital optimization. The role reports directly to the Assistant Treasurer and collaborates closely with global and regional finance teams.  

Key Responsibilities:

Cash Forecasting & Liquidity Management

• Develop and maintain accurate short-, medium-, and long-term cash flow forecasts across EMEA entities.
• Monitor and manage daily liquidity positions to ensure sufficient funding for operational and strategic needs.
• Collaborate with local finance teams and shared service centers to enhance forecast accuracy and cash visibility.
• Design and implement workflow processes and dashboards in Kyriba to support real-time liquidity management and reporting.
• Oversight, maintenance and optimization of EMEA cash pool.
• Support the Executive Director & Assistant Treasurer in optimizing the intercompany debt structure and developing cash mobilization strategies aiming at reduction of idle liquidity in the EMEA region.
• Manage cash movement activities through the preparation and analysis of intercompany loans, capital contributions, and dividends; always ensure adequate liquidity across all legal entities.
• Oversight and control of the monthly global netting process.

Dividend Planning

• Lead the planning and execution of dividend distributions in compliance with local legal and tax frameworks.
• Partner with Tax, Legal, and Accounting teams to assess the financial and regulatory implications of dividend strategies.
• Support global capital repatriation strategies through efficient dividend planning.

Working Capital Optimization

• Analyze and improve working capital metrics (DSO, DPO, inventory turnover) across the region.
• Collaborate with cross-functional teams to implement initiatives that enhance cash conversion cycles.
• Drive treasury-related process improvements and automation to support working capital goals.

Banking & Risk Management

• Manage regional banking relationships and optimize bank account structures.
• Ensure compliance with internal controls, policies, and regulatory requirements.
• Maintain a robust Treasury control framework by continuously adjusting Treasury policies to reflect organizational and procedural changes.

Leadership & Collaboration

• Lead and develop a high-performing regional treasury team, implement best in class policies and procedures.
• Act as a strategic advisor to regional and global leadership on treasury-related matters.
• Represent EMEA Treasury in global treasury initiatives and cross-functional projects.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA or professional certification (e.g., ACT, CFA, CTP) preferred.
• 10+ years of treasury experience, with at least 5 years in a leadership role within a multinational environment.
• Strong expertise in Treasury operations, cash forecasting, dividend planning, and working capital management.
• Hands-on experience with Kyriba, including implementation, workflow design, and dashboard development.
• Proficiency with other treasury management systems (e.g., SAP, Quantum) and financial modeling.
• Excellent communication, leadership, and stakeholder management skills.

Bausch & Lomb is committed to equal employment opportunity and complies with equal employment opportunity laws in effect wherever it operates.