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The Treasury Business Partner M&A (Cash & Liquidity Specialist) will be responsible for leading all treasury-related activities across acquisitions, divestments, joint ventures, and strategic investments. The role ensures optimal funding, risk management, liquidity structuring, and post-deal treasury integration in alignment with Group capital strategy. This role is available as a 6-month contract and a permanent position. You will act as the key interface between Group Treasury, Transacting M&A function (Ingka Investments, IKEA Retail, Ingka Centers), Group Tax, Group legal and Group Financial Reporting.
Job Responsibility:
Pre-deal transaction support: Partner with the Transaction Manager on target evaluation to assess funding options, assess tax capacity for intra-group financing, design optimal capital structure for target and acquiring entity and prepare approval memos and board papers to secure approval of the transaction
Capital Structure optimisation: Lead the transaction capital structure strategy, execute intra-group financing and where relevant external financing, coordinate with legal and banking partners and where relevant ensure covenant compliance upon deal closure
Due diligence (Treasury specific): Review target’s debt structure, liquidity position, banking arrangements, risk of trapped cash, FX and interest rate exposures, forecast liquidity flows and integration complexities
FX considerations: Assess transaction day and post transaction FX considerations and liaise with FX Risk management team to ensure risk mitigation
Post deal integration: Lead treasury integration planning, rationalise bank accounts and facilities, integrate into cash pools and drive synergistic initiatives
Requirements:
3+ years in Treasury, Corporate Finance, or Investment Banking
M&A transaction experience
Strong understanding of: Capital markets
Debt instruments
Hedging
Cross-border financing
Direct tax consequences
Advanced financial modelling skills
Experience dealing with rating agencies and lenders
Fluent in English (both spoken and written)
Share and live the IKEA culture and values
Possess an entrepreneurial mindset with a “can-do” attitude
Motivated by finding innovative solutions through co-creation
Nice to have:
Treasury qualification (CFA, ACA, ACT,)
Experience in large multinational corporates
Exposure to retail or consumer sectors or the renewable energy sector