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Do you want to shape a sustainable future?

We are Hydro, a global family of 30,000 people, present in a broad range of market segments for aluminium and metal recycling, and energy and renewables, offering a unique wealth of knowledge and competence.

We have a proud history and are committed to leading the way in shaping a sustainable future by developing natural resources into innovative products and solutions. In doing so, we truly believe that our people matter the most to make the difference.

Click here to explore our world and the heart of our operations.

Business Controller / Analyst - Treasury

Group Treasury and Tax, part of Hydro’s corporate center in Oslo, is responsible for the company’s treasury processes, tax, insurance and asset management. We are now hiring a Business Controller/Analyst to join Group Treasury in the Cash Management & Controlling department, which is responsible for the treasury system with internal bank, external cash pools and payment factory, controlling of financial items for the Hydro group, as well as support to the total treasury team. 


This is an excellent opportunity to gain insight in the business of a global corporation, while applying your specialist competence within treasury and controlling. You will work with a range of tasks in a visible role with many interfaces, have the opportunity to contribute to the further development of Hydro’s treasury operations and financial governance, and play a key role in developing our business support and digitalization agenda. 


Area of responsibility
In this role, your responsibilities will include:

  • Follow-up and controlling of group treasury business, including valuation of loan and derivative portfolios and the internal bank 
  • Prepare and analyze the results of group financial items for periodic reporting with presentations to the Group Disclosure Committee and Board Audit Committee
  • Identify and support improvement initiatives by building models and analyzing data from the SAP Treasury system, contribute to driving the total Treasury improvement and digitalization agenda
  • Module responsibility for accounting and reporting in the SAP treasury system including  set-up of the accounting rules in the treasury system, and interfaces between the treasury system and accounting systems  
  • Regular follow up of accounting & reporting services delivered by the internal Global Business Services
  • Quality assure financial items in the legal units and business areas of Hydro, ensuring compliance with group policies, standards and  internal controls



  • University degree, e.g. in finance, economics, business administration
  • Minimum 5 years’ experience within controlling and analysis, preferably from treasury in an international company
  • Practical and theoretical knowledge of financial markets, treasury products and valuation principles
  • Good understanding of accounting practice related to loans and financial products
  • Strong system understanding and user experience in treasury systems and analytical tools like SAP analytic cloud and Power BI
  • Good communication and presentation skills in English
  • Ability to prioritize workload and meet deadlines


As a person, you should have a strong analytical and structured approach with a clear business orientation and forward-leaning attitude. You enjoy working both independently and in a team, and you are able to foster positive relationships across different levels and locations in an organization. You thrive in delivering high quality and contribute positively to the working environment  by sharing your specialist competence and engagement. 


Additional information
In this role you will join a team of seven people with broad experience in treasury and finance, reporting to Head of Cash Management & Controlling.

Please enclose a motivational letter and copies of relevant academic transcripts, diplomas, certificates etc. Only applications received through our online system will be considered, not via e-mail. As part of our recruitment process, we use Semac for background check. 

Apply before: 16th October 2022

If you have any questions, please contact: 


Hiring manager
Per Christian Lindgaard, Head of Cash Management and Controlling
Phone: (Norway +47) 97116113


Siri Randen
Phone:(Norway +47) 94821618

Posted on:  Sep 27, 2022

Oslo, NO, 0283

Department:  Cash Management & Accounting
Business Area:  Corporate Management(NHCM)
Legal Entity:  Norsk Hydro ASA
Job Type:  Permanent

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