Treasury Manager, SellerX
Buys and builds Amazon businesses
Posted today
Buys and builds Amazon businesses
501-1000 employees
Posted today
501-1000 employees
Company mission
To transform everyday moments with next-generation consumer brands that people love and trust.
Role
Who you are
- Our ideal candidate brings a sharp and flexible mindset with a holistic view on treasury management
- You are a true planning wizzard and a joy to work with cross-departmental
- Track record in treasury management, preferably in a multinational company
- Proven abilities in creating cash flow forecasts, and in managing multiple currencies
- Experience with accounting software, with a preference for those familiar with NetSuite
- Excellent communication skills and people personality
- Analytical and bright minded
- Leadership experience and an MBA or further financial certification (e.g. Certificate in Treasury) are a plus
What the job involves
- At SellerX we are looking for an experienced Treasury Manager (x/f/m) to manage our bank accounts and financial institutions worldwide
- You'll lead a small team, drive automations, and further integrations and simplifications of the treasury function
- Oversee daily bank account management and handle treasury activities, such as intercompany transfers, FX conversions, and loan interest payments
- Prepare and present weekly cash flow forecasts to management and stakeholders
- Develop and manage treasury policies, for both local and global operations
- Maintain banking relationships and negotiate bank services, fees, and agreements
- Identify and manage treasury risks and opportunities
- Coordinate with other departments and business units regarding treasury matters
- Lead and develop treasury department personnel
- Constantly seek for improvement opportunities and drive automations
Our take
The eCommerce sector has seen rapid growth in recent years, with Amazon continuing to be a dominant force in the market. SellerX was founded to capitalize on this trend by acquiring and building online retailers that trade on Amazon. The company targets high-profile sellers with the goal of creating in-demand consumer brands, ultimately amassing a diverse portfolio.
In late 2021, with the acquisition of KW-Commerce and a $500M investment, SellerX expanded its reach within the consumer goods sector. The company's long-term vision is to revolutionize the industry by developing a powerful brand portfolio, leveraging the growing demand for eCommerce-driven consumer products.
However, this year has been challenging for SellerX. A slowdown in growth and rising debt pressures led to significant financial restructuring, with BlackRock set to become the largest shareholder as part of a deal to reduce the company's debt. Despite these hurdles, the deal offers a fresh start, providing SellerX with improved liquidity and new backing to stabilize its position and continue reshaping the eCommerce space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2023
$64m
LATE VC
Dec 2021
$250m
LATE VC
Total funding: $479.4m
Company HQ
Mitte, Berlin, BE
Leadership
Olivier Van Calster
(CEO)Joined SellerX in July 2024 as CEO. Prior to that, they were the Chief Commercial Officer at Voi Technology. They also worked at StockX as the VP and General Manager and at Talmix as the COO, CEO, and NED.
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