Job Description

PRIMARY FUNCTIONS AND ESSENTIAL REPSONSIBILITIES

• Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate and optimize the short-term borrowing or investments, or assist in the execution of the daily cash management duties
• Pool cash from all secondary bank accounts when necessary
• Administer the ACH program
• Lead and assist with treasury projects and initiatives
• Adhere to month-end cut-off schedules by cash department personnel for reconciliations of all cash-related accounts, all month-end processes, and all related journal entries
• Assist in executing standby letters of credit, export letters of credit, performance bonds and similar instruments
• Prepare daily, weekly and monthly reports on the global cash position
• Assist with the company’s hedging program
• Perform balance sheet substantiation and commentaries at month-end
• Perform data integrity and balance sheet verification
• Assist with risk management by identifying/recommending strategies to minimize foreign currency, interest rate and commodity exposures
• Assist with short- and long-term intercompany settlements and transactions
• Provide information in connection with the external and internal audits and monitors cash management activities to ensure compliance
• Approve foreign exchange, wire transactions, and facilitate other credit line transactions
• Support FX front office processes including loading FX trades and rates, maintaining settlement instructions and updating FX mandates with counterparty banks
• Assist with implementation of a FX exposure management tool
• Develop, monitor and analyze bank fees including credit card and cash management expenses
• Maintain positive banking relationships with depository banks
• Assist in maintaining banking records and legal documentation including SOX- and FBAR-related documentation
• Work with treasury management to maintain and rationalize the company’s choice of key global banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure
• Assist other departments (e.g., audit, accounting) with quarter-end and ad-hoc information requests as needed
• Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters
• Work with company’s business units to prepare weekly cash forecasts and other cash and borrowing projection models; coordinate with teams to identify and mitigate forecasting variances
• Support corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to treasury transactions and entity structures
• Work with FP&A on developing operating cash flow forecasts, enhance visibility into global cash balances, optimize working capital and establish metrics/KPIs
• Recommend and implement solutions to strengthen operational controls and incorporate best practices.
• Assist with presentation material for investors, rating agencies or the Board of Directors, as needed

EDUCATION

• Bachelor’s degree in finance, accounting, economics or related field required
• MBA preferred

RELEVANT CERTIFICATIONS

• CTP
• CPA
• CFA

KNOWLEDGE REQUIRED

• Ability to quickly understand complex transactions
• Knowledge of the banking industry and technical knowledge of bank products and FX
• Ability to apply finance and treasury principles
• Strong Excel skills
• Familiarity with Oracle ERP systems preferred

EXPERIENCE REQUIRED

• 3-5 years of corporate treasury experience and/or banking experience

SKILLS / ABILITIES 

• Ability to multi-task in fast-paced environment
• Strong analytical and modeling skills
• Effective planning and priority setting abilities
• Must be well-organized and detail-oriented
• Ability to work independently and collaboratively
• Good communication skills, written and verbal

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