Job Description

Introduction to the job

At ASML we constantly have to ensure that our people, expertise and information enable us to realize our growth and meet our ambitious business objectives. Especially in the fast growing and demanding semiconductor business in which we operate, it requires Treasury to bring breakthrough and creative solutions and go beyond the established paths enabling ASML’s future growth and success.

Treasury is a part of the Expert Advisory team which includes the expertise areas of treasury, tax, legal and accounting. These disciplines are closely working together to support the business with integrated expertise and advice.

You will be responsible for the overall Treasury management of ASML’s business in Korea and support other APAC countries, that include China, Taiwan, Hong Kong, Japan, Malaysia, Singapore, India, Vietnam, etc. You will be an integral part of the global corporate treasury team, with members located in the Netherlands, Korea, China and the US as well as the broader Expert Advisory team. You will report to the APAC Treasurer for Corporate Cash & Financial Risk Management (CC & FRM) located in China.

Role and responsibilities

The Treasury Manager is responsible for:

• Local financial risk management expertise and advisory, keeping in mind the global perspective. Being able to assess and quantify financial exposures and translate these into hedging and investment strategies that are effective in protecting the company for financial loss
• Cash and liquidity management focused on repatriation of cash from Korea (and other APAC countries) to the Netherlands, including responsibility for related compliance with local regulators.
• Development of investment strategies with the purpose of creating a risk balanced return on the investment portfolio.
• Setup of intercompany financing structures and related instruments in close alignment within the local and global Expert Advisory teams.
• Drive compliance with local laws and regulations, proactively identify risks and select mitigation actions. Assure cash, investment and financial risk management happen in a compliant way by understanding and application of local laws and regulations related to the treasury activities.
• Provide expertise and advice in all Treasury related areas to other Finance functions, sectors and business lines in close collaboration with other expertise functions. Lead or be a member of relevant corporate or sector project teams. Such projects could encompass a large variety of initiatives from starting a business in a new country to changing the way we deliver our machines to the customers.
• Relationship management with banks, insurance brokers, system providers, consultants, etc.
• Own local trade finance topics and advice business in this area.

Education and experience

• Master’s degree in relevant field with strong analytical and problem solving ability.
• Excellent in both Korean and English; verbally and in writing. Other APAC languages (especially Chinese) would be considered as an asset.
• At least 15 years’ experience in Treasury in large globally operating companies with demonstrated Treasury achievements in Korea and the other relevant Asian markets. International experience is preferred.
• Experience with various business models, tax models and logistical models, including related intercompany flows.
• Strong focus on compliance with local laws and regulations in Treasury and good knowledge of relevant accounting and taxation aspects. Experience in interacting with Bank of Korea (BOK) and other official bodies in Korea and APAC.
• Experience in collaborating in multi-cultural teams working in different locations and time zones globally.

Skills

• Highest level of ethics, loyalty and personal integrity.
• Strong drive with a hands-on, structured, accurate and result oriented working style.
• Excellent communication skills. Ability to effectively explain complex concepts to stakeholders at different levels in the organization and achieve alignment on complex matters with conflicting interests.
• Demonstrable ability to engage and manage (senior) stakeholders in a multicultural setting through superior communication and presentation skills
• Strong sense of urgency and ability to timely align with the global team in the Netherlands and other locations for time sensitive matters.
• Team player with the ability to build relationships with colleagues globally, also in other functional areas.
• Multi-disciplinary & multi-cultural understanding, values differences and is able to bridge between different departments and people.
• Strives for continuous improvement.
• Committed and flexible (going the extra mile).
• Has a strategic and innovative mindset.
• Assertiveness, is able and dares to kick the tires/challenge the status quo in a respective manner.
• Creative and pro-active in anticipating changes in business activities and their risk consequences.

Other information

This position requires access to controlled technology, as defined in the Export Administration Regulations (15 C.F.R. § 730, et seq.). Qualified candidates must be legally authorized to access such controlled technology prior to beginning work. Business demands may require ASML to proceed with candidates who are immediately eligible to access controlled technology.

Inclusion and diversity

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that inclusion and diversity is a driving force in the success of our company.

Need to know more about applying for a job at ASML? Read our frequently asked questions