Treasury & Cash Management Recruitment Germany.

The first half of 2025 saw more treasury vacancies posted in Germany than any equivalent period since 2009. Demand has intensified and shifted simultaneously and organisations are no longer hiring generalist finance professionals into treasury roles. They are looking for specialists: Cash Managers with in-house banking experience, Treasury Managers with TMS proficiency, liquidity planning specialists who combine technical depth with the commercial judgement to advise at CFO level.

MAM Gruppe places Treasury and Cash Management professionals across Germany on a permanent basis, Treasury Managers, Cash Managers, Group Treasurers, Heads of Treasury, and senior treasury leaders with organisations ranging from Mittelstand businesses building their first dedicated treasury function to DAX-listed multinationals managing complex, multi-currency cash positions across dozens of entities.

Germany's Treasury Market: The Specialisms Driving Demand

Treasury in Germany has evolved dramatically. The role of the Treasurer has expanded far beyond cash positioning and bank relationship management. Today's senior treasury professionals are expected to own liquidity risk, manage interest rate and FX exposure, oversee Treasury Management System implementation, support M&A financing, and present directly to supervisory boards on capital structure decisions.

Cash and liquidity management skills feature in 62% of German treasury job postings, reflecting organisations' core need for professionals who can manage working capital efficiently, optimise cash pooling structures, and maintain the liquidity headroom that German business culture demands. TMS experience is increasingly expected at all but the most junior levels, with SAP Treasury, Kyriba, Reval, and ION (Wallstreet Suite) the dominant platforms across Germany's corporate and financial services landscape.

The shift toward specialisation is accelerating. In-house banking, the centralisation of group treasury operations within a captive internal bank structure, has moved from a large-group-only concept to a growing priority across Germany's mid-market. Professionals who understand how to build and run an in-house banking structure, manage intercompany lending, and navigate the transfer pricing implications are among the most sought-after in the current market.

What We Recruit

Our Treasury & Cash Management practice covers the full spectrum of permanent treasury appointments across Germany:

Cash & Liquidity Management: Cash Managers, Senior Cash Managers, Liquidity Managers, Cash Pool Managers, Working Capital Managers

Treasury Operations: Treasury Analysts, Treasury Managers, Senior Treasury Managers, Treasury Operations Managers, In-House Banking Specialists

Financial Risk Management: FX Risk Managers, Interest Rate Risk Managers, Commodity Risk Managers, Treasury Risk Controllers

Treasury Systems & Technology: TMS Managers, Treasury Systems Analysts, SAP Treasury Specialists, Kyriba Specialists, Treasury Digitalisation Managers

Corporate Finance & Banking Relations: Banking Relations Managers, Debt Capital Markets Analysts, Financing Managers, Structured Finance Specialists

Leadership: Head of Treasury, Group Treasurer, VP Treasury, CFO

Frankfurt: Germany's Treasury Heartland

Frankfurt's concentration of international banks, asset managers, and corporate treasury centres makes it the undisputed centre of Germany's treasury talent market. The European headquarters of major multinationals frequently locate their group treasury functions in Frankfurt, drawn by the depth of financial expertise, the proximity to banking counterparties, and the well-established treasury professional community.

Munich is the second most active market, driven by the treasury functions of Bavaria's large industrial and technology corporations. Hamburg is significant for logistics, shipping, and trade finance treasury roles. Stuttgart and Düsseldorf are active across automotive, manufacturing, and retail corporate treasury.

For international organisations setting up treasury operations in Germany for the first time, the combination of language requirements, such as business-fluent German, is expected for most senior roles, and the technical specialisation required makes finding the right hire genuinely challenging without specialist support.

TMS and Digital Treasury: What the Market Expects

Treasury Management System proficiency has moved from a desirable to a near-universal expectation at mid-to-senior treasury level in Germany. SAP Treasury and Risk Management remains the dominant platform across Germany's large corporate landscape, with SAP S/4HANA migrations creating significant demand for treasury professionals who can navigate the transition from legacy SAP TRM to the new architecture.

Beyond SAP, Kyriba has established a strong position in the mid-market and international corporate segment. ION's Wallstreet Suite remains prevalent across financial institutions. Reval and Openlink are active in specific sectors. Treasury professionals who combine genuine platform expertise with the analytical capability to optimise system configurations, rather than simply operate them, are consistently at a premium.

For Treasury and Cash Management Professionals in Germany

Whether you are a Treasury Analyst ready to step into a management role, a Cash Manager seeking a more complex multi-entity environment, a Group Treasurer evaluating your next leadership challenge, or a treasury professional with TMS expertise looking for an organisation investing in digital treasury transformation, MAM Gruppe's specialist Finance consultants understand Germany's treasury market and what a genuinely good opportunity looks like within it.

We work with organisations that treat treasury as a strategic function, not a transactional one. We do not share your profile without your knowledge. We brief you properly before every stage. And we only introduce you to roles and organisations that make sense for your career.

Browse our latest Treasury and Cash Management roles across Germany, or submit your CV and let a specialist consultant do the work.

Frequently Asked Questions

What Treasury and Cash Management roles does MAM Gruppe recruit for in Germany?

MAM Gruppe recruits Cash Managers, Liquidity Managers, Treasury Analysts, Treasury Managers, In-House Banking Specialists, FX Risk Managers, TMS Managers, SAP Treasury specialists, Heads of Treasury, Group Treasurers, and CFO-level appointments across Germany on a permanent basis.

Which cities does MAM Gruppe recruit Treasury professionals in Germany?

We recruit across Germany's major treasury hiring markets including Frankfurt, Munich, Hamburg, Stuttgart, Düsseldorf, Berlin, Cologne, and Nuremberg. Frankfurt is Germany's primary treasury market by volume and seniority, with Munich, Hamburg, and Stuttgart active across industrial, logistics, and manufacturing sectors.

Does MAM Gruppe recruit Treasury Management System specialists in Germany?

Yes. TMS proficiency, particularly SAP Treasury, Kyriba, ION Wallstreet Suite, and Reval, is one of the most consistently sought-after capabilities in German treasury recruitment. MAM Gruppe regularly places Treasury Systems specialists, SAP Treasury professionals, and Kyriba-experienced Cash Managers across Germany's corporate landscape.

Does MAM Gruppe recruit for in-house banking roles in Germany?

Yes. In-house banking is a growing specialism within Germany's corporate treasury market, particularly among Mittelstand and mid-cap groups centralising their treasury operations. MAM Gruppe recruits Treasury Managers and senior treasury professionals with in-house banking experience and intercompany lending expertise for organisations building or expanding these structures.

Do I need to speak German to get a treasury role in Germany?

For most corporate treasury roles in Germany, business-fluent German is expected, particularly for roles involving bank relationship management, internal stakeholder advisory, and board-level reporting. Some international organisations recruit treasury professionals where English is the primary working language, particularly in group or regional treasury centres. Our consultants can advise on language requirements for specific roles.

Is MAM Gruppe free for Treasury candidates?

Yes. MAM Gruppe's recruitment service is entirely free for candidates. All fees are paid by the hiring organisation.