Guarantees Specialist

Webuild is a global construction player specialized in building large works and complex infrastructure for the sustainable mobility, hydroelectric energy, water, green buildings and the tunnelling sectors.
Webuild is the expression of 120 years of engineering experience applied in 50 countries, in five continents, thanks to the talent of 91,000 people from over 120 nationalities. With a total backlog reaching €65 billion (Consolidated Financial Results at June 30, 2024), Webuild is a group guided by the passion for building and the pursuit of excellence, which renewed its commitment to building a sustainable future by applying its know-how to build innovative and valuable works.
 

Webuild is looking for a Guarantees Specialist for the Guarantees department of the Finance area, based in Milan. The ideal profile has 1-3 years of experience and a basic knowledge of how guarantees and surety bonds work.

Main activities

• Manage relations with Credit Institutions and Insurances/Brokers in relation to guarantees to be issued for the Parent Company, subsidiaries or orders;
• Manage the different phases of guarantees: issue, extension, possible variation of the guaranteed amount and final release with the relative document management, as well as recording all movements in the management system;
• Provide for the payment of commissions after having verified the necessary components: commission rate applied, guaranteed amount, period. Interface with the reference function for charge-backs of surety charges to the orders;
• Prepare periodic reports on: accruals of commission costs on surety bonds, data processing for balance sheet closures, inventory of surety bonds payable and receivable, financial service fee statements;
• Support contract activities for updating surety commitment situations; 
• In the tender phase, study the tender documentation with focus on: estimation of surety costs, request for bank references, issuing of provisional bonds for Italy and abroad.

Requirements

• Master's degree in Economics and Finance (preferred), Law or related;
• At least 1-3 years' experience in the role or in similar positions;
• Knowledge of budget processes and financial analysis;
• Knowledge of how guarantees and surety bonds work;
• Fluent English. Knowledge of other languages will be considered a plus;
• Good knowledge of the Office package, minimum knowledge of PITECO appreciated;
• Results-oriented, willingness to work in a team.

Webuild is an Equal Opportunity Employer. All applications for vacant positions will be considered without regard to race, color, religion, national or ethnic origin, sexual orientation, gender, marital status, age, disability or beliefs.