Head of Treasury
1GLOBAL · Amsterdam, North Holland, Netherlands
About The Role
About Us
1GLOBAL is a technology-driven global mobile communications provider, delivering global connectivity solutions to enterprises and consumers. Powered by a best-in-class telecom platform with its own owned and operated global mobile core network in 15 countries, fully fledged in-house developed eSIM technology, and an extensive portfolio of telecom licenses; 1GLOBAL operates as a fully regulated telecommunications provider across 43 countries worldwide.
The company serves many of the world’s leading banks, multinational enterprises, global retailers and digital-first businesses, including neo-banks, global fast moving consumer goods companies, travel leaders, and payment service providers. Today, 1GLOBAL connects more than 80 million people and devices globally, enabling our customers to launch, scale, and innovate with confidence in the mobile ecosystem.
1GLOBAL is a profitable, fast-growing business. With full-year revenues in 2025 exceeding US$200 million and profits of over US$25 million, we generate strong cash flows to fund our growth allowing us to continuously invest in infrastructure, platform innovation, and global expansion. In 2026 also the parent of the Lidl Group acquired a 10% interest in 1GLOBAL as part of a deal for Lidl to offer globally to its 180 million consumers communication services. Recent years have marked a defining phase in 1GLOBAL’s journey, with major enterprise and mass-consumer client wins accelerating its evolution into a global mobile connectivity powerhouse, purpose-built to enable consumer brands to enter and succeed with their own aspirations to offer telecommunications services to their clients.
Founded in 2022 by experienced technology entrepreneurs, Hakan Koç and Pyrros Koussios, 1GLOBAL has rapidly emerged as a European technology leader shaping the future of global telecommunications. It operates as a fully regulated Mobile Virtual Network Operator (MVNO) in 15 countries and as a regulated telecom operator in an additional 28 markets. Headquartered in the Netherlands, with world-class R&D hubs in Lisbon, Berlin, and São Paulo, its team of close to 550 experts across 16 countries is united by a single ambition: to redefine global mobile connectivity through technology, scale, and execution excellence.
About the Role
We are seeking a credible, experienced and self-starting Head of Treasury who, as an individual contributor, will own the Group’s cash, liquidity investment and banking portfolios as the business scales at pace to reach half a billion in revenues in a few years. Based in our headquarters in Amsterdam and reporting directly to the CFO, you will be responsible for cash and liquidity planning across the entire Group – spanning 30+ legal entities in 16 jurisdictions – ensuring the business always has the right funds, in the right currency, in the right place, at the right time.
This is a hands-on, single-contributor role rather than a leadership position: there is no treasury team to manage. Success comes from deep technical expertise, sharp judgement, strong banking relationships, and the ability to build robust, automated processes and models that scale with hypergrowth. You will coordinate our overnight cash pooling arrangements, own global bank relationships, invest surplus cash prudently, and drive long-term liquidity planning and budgeting. Freed from line management, you will partner closely with Controllership, FP&A, Tax and the wider business to turn a complex multi-entity, multi-currency footprint into a well-orchestrated treasury function. This role would suit someone with high intellect and drive, looking to supercharge their career in a hypergrowth environment.
About the Responsibilities
Cash & Liquidity Management
- Own group-wide cash and liquidity planning across 30+ legal entities in 16 jurisdictions, producing accurate short-, medium- and long-term cash forecasts.
- Maintain a consolidated, near real-time view of group cash positions and drive daily cash management decisions.
- Ensure each legal entity is appropriately funded, coordinating intercompany funding, upstreaming and repatriation of surplus cash.
- Monitor and manage FX exposure, funding needs and liquidity risk across a multi-currency balance sheet.
- Devise and execute FX hedging strategies to reduce the impact of FX volatility on our financial results
- As the businesses where we act as a clearinghouse grow, orchestrate processes to manage and invest wisely the ever increasing “float” pool of funds
Cash Pooling & Bank Relationships
- Coordinate and optimise the Group’s overnight (zero-balancing and notional) cash pooling structures across jurisdictions.
- Own and develop global banking relationships, acting as the primary day-to-day contact for the Group’s banking partners.
- Manage the bank account architecture, mandates and signatory framework, rationalising accounts as the Group scales.
- Lead bank tenders and negotiate pricing, credit lines, guarantees and cash management services.
- Oversee electronic banking platforms and drive automation and straight-through processing of payments.
Investment of Cash & Long-Term Liquidity Planning
- Invest surplus cash in line with the Group’s investment policy, balancing yield, liquidity and counterparty risk.
- Build and maintain long-term liquidity plans, funding strategies and the treasury input into the Group budget.
- Develop robust cash flow models to support scenario planning, capital allocation and, where relevant, covenant monitoring.
- Establish and maintain treasury policies, controls and reporting to public-company standards, partnering with Internal Audit on remediation.
- Introduce modern treasury and liquidity management tools.
Relationship Building & Cross-Functional Influence
- Serve as the treasury bridge across Controllership, FP&A, Tax, Legal and Commercial, and with local entity management.
- Build credibility with senior stakeholders; convert ambiguity into decisions, owners and timelines.
- Provide clear, timely reporting on cash, liquidity and banking to the CFO and senior leadership.
About You
Must Have
- Proven treasury experience gained in an international, multi-entity, multi-currency environment.
- Expertise in cash and liquidity management, cash flow forecasting and cash pooling structures.
- Strong track record managing global bank relationships, bank account structures and cash management / e-banking platforms.
- Experience investing corporate cash within a defined risk / investment policy framework.
- Strong financial modelling capability, comfortable building forecasts and scenarios from first principles.
- Solid understanding of treasury controls, FX hedging and funding in a regulated, cross-border environment.
- Able to operate as a hands-on individual contributor with minimal support and no dedicated team.
- Track record influencing senior stakeholders and landing outcomes at pace.
- Exceptional verbal and written communication.
- Ability to work at pace.
Nice to Have
- Professional treasury or finance qualification (e.g. ACT / AMCT, ACA, ACCA, CFA or equivalent).
- Telco / MVNE / MVNO domain, or experience in another regulated, high-growth sector.
- Exposure to IPO readiness or public-company treasury, controls and reporting.
- Treasury Management System (TMS) implementation and advanced data skills (SQL / Python, BI) for forecasting and monitoring.
Why 1GLOBAL?
- Growth Opportunities: Advance your career in one of the fastest growing telecommunications companies, expanding over 50% year-on-year under the leadership of successful tech entrepreneurs.
- Major Transaction Exposure: Be in the driver’s seat for transactions that will have an impact on the future telco industry.
- Work with a Talented Team: From the Board and the Founders to the Senior Management Team, you will collaborate daily with the most capable and renowned external advisors and constantly being exposed to talented and driven individuals.
- Dynamic Work Environment: Thrive in a collaborative, fast-paced workplace where innovation is encouraged, and every contribution counts.
- Professional Development: Work alongside industry experts to enhance your skills and knowledge in a cutting-edge field.
- International Experience: Gain opportunities to work in different 1GLOBAL offices around the world as you grow within the company.
- Open Communication Culture: Join a team where your ideas are heard, and open dialogue is encouraged, fostering a supportive and transparent work environment.
- Get Things Done Attitude: Be part of a results-driven team that values efficiency, creativity, and the drive to make a tangible impact in the industry.
1GLOBAL is an equal opportunity employer, we value your character as much as your talent. Diversity drives our innovation, and we offer a collaborative, dynamic, and international work environment. We are excited for you to join our mission to revolutionise connectivity globally.
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