Cash Flow & Treasury Analyst - Group Finance

Alfasigma is a privately held global healthcare company founded over 75 years ago in Italy, where it remains headquartered today in Bologna and Milan. The Group operates in over 100 markets spanning Europe, North and South America, Asia, and Africa.

Over three years ago, we embarked on a transformative journey to become a truly global innovative healthcare company with a leading focus on Gastrointestinal (GI) health. We have experienced remarkable growth, nearly doubled our revenues, expanding geographically, and integrating several key acquisitions. We have also evolved our portfolio, expanded into rare and specialty segments, and strengthened our pipeline and people's capabilities.

But our journey is far from complete! In fact, this is just the beginning of a bold new chapter in Alfasigma's history. We are committed to advancing innovation and leveraging our deep expertise to provide better health and a better quality of life for patients and consumers worldwide and expand our reach across diverse markets.

Cash Flow & Treasury Analyst – Group Finance

Scope of the role:

We are looking for a Cash Flow & Treasury Analyst to join our Group Finance team. This is not a traditional treasury role — we are looking for someone who combines financial analysis skills with a deep understanding of cash dynamics: how and why cash is generated or absorbed across a complex business, and how to read those dynamics in the context of budget, actual results, and forward-looking forecasts.

Depending on experience and seniority, the role will be tailored in terms of scope, autonomy, and responsibility, offering a clear and structured development path.

Your Role

Analysing cash flow performance in depth — understanding the operational and financial drivers behind liquidity generation and absorption, both historically and on a forward-looking basis
Preparing and consolidating quarterly and budget cash flow forecasts for all Group Legal Entities, ensuring accuracy, consistency, and reliability
Comparing actual vs. budget vs. forecast cash flow results, identifying deviations and their root causes, and communicating findings clearly to Finance and business stakeholders
Working closely with Finance Directors, Controlling, and business functions to challenge assumptions, validate data, and improve forecast quality over time
Supporting the monitoring of treasury-related financial risks (FX, interest rate, liquidity)
Contributing to process improvement and methodology development within the cash flow and treasury reporting framework

Who are you

A degree in Economics, Finance, or a related discipline
A genuine passion for financial analysis and cash flow dynamics — curiosity about why numbers move, not just what they show
Strong analytical skills, attention to detail, and a structured way of thinking
Solid Excel skills; experience with ERP or financial planning tools is a plus
A proactive mindset, intellectual curiosity, and appetite for growing responsibility
Good command of English

Location: Pomezia

Why Join Alfasigma:

At Alfasigma, we foster a culture where the courage to innovate is key to our success.
We offer a competitive salary, comprehensive benefits, and extensive opportunities for professional growth and development.

Our commitment to people and patients is at the heart of everything we do. We value diversity and welcome individuals with unique perspectives and experiences. We believe that open-mindedness, collaboration, and a shared passion for innovation are essential to achieving meaningful progress.

Join Alfasigma and become part of a forward-thinking team dedicated to shaping the future of the pharmaceutical industry.