Gerald Kern

Leading a team for the FX and capital markets activities in +30 countries. Managing the global balance sheet program consistent of +20 exposure currencies, +10 functional currencies and an exposure at any point of over $1B. Responsible for the cash flow program with over $2B and proposing hedging strategies to the Treasurer and VP Finance. Advising business teams on true-ups and hedging solutions for customer agreements. Providing financial market analysis to senior management to support decision makings.

Managed the Liquidity and Cash Positioning for +100 business units in +20 countries with weekly volumes of $100M. Responsible for bank account management, local banking needs and reported the global cash position to senior management. Set up loan and Cash Pool structures and executed cash roundtrips for capitalizations, restructurings and dividend distributions. Administration and issuance of bank guarantees and intercompany loan database. Compilation of the weekly cash flow forecast report for Europe.