This is a fantastic opportunity to join this Fortune 500 company headquartered in Dallas, Texas to manage their global treasury cash management operations, including global daily cash position, cash flow forecasting, foreign exchange and short-term investing of excess cash.
A key element to success within the role will be the ability to lead the development of ecommerce within group treasury including the negotiation and management of card and payment processing including WorldPay, PayPal & credit card.
This person will work with Accounting, FP&A, Internal Controls and Internal Audit for treasury operations company-wide.
Overseeing enterprise-wide operational working capital settlement requirements.
Developing strategy for handling cash and liquidity needs.
Reviewing investment opportunities and seeking opportunities in line with Investment Policy.
Ensuring timely and accurate cash payments.
Overseeing day to day administration of ABL credit facility and foreign currency risk exposure hedging.
Reviewing FX exposure and implementing programs to reduce volatility as needed.
Working in partnership with FP&A to ensure alignment with free cash flow results and forecasts.
Managing intercompany settlement process.
Maintaining appropriate cash balances in respective bank accounts globally while minimizing foreign currency exchange losses.
Acting as main liaison on all cash management matters to Accounting, FP&A, and other departments and business units.
Liaising with External Reporting on footnotes and disclosures for Treasury investment and foreign exchange sections of the Companys SEC filings.
Partnering with IT to oversee the companys banking platform, ensuring the setup meets SOX and applicable policy.
Leading ERP and treasury workstation initiatives.
Ensuring adequate liquidity is available to fund working capital needs enterprise wide.
Working closely with the SOX and internal controls / compliance teams to ensure solid cash controls are adhered to
Managing and maintaining effective, transparent relationships with the companys banking partners, including communicating expectations with financial institution service provides and coordinating relationship reviews.
Leading and ensuring compliance with regulatory matters.
Optimizing bank account structures and services to minimize fees and ensure operational efficiency.
Renegotiating merchant acquirer fees down by about 10% over and above the regulatory changes on interchange fees.
Designing and implementing a global cash concentration policy and process.
Assisting in the identification and closure of redundant or suboptimal bank accounts across the globe.
Reviewing, challenging and cancelling bank guarantees across the globe with the intention to reduce services fees and utilisation of facilities.
Reviewing, challenging and updating regional pooling and zero balance structures across the globe.
Consultative / Advisory / change management role to entities globally.
Promoting best practice for Treasury including Working capital optimisation as part of a cross functional training team. This includes Shared Services and operational business units across the globe. Treasury owned working capital for the group.
The ideal candidate will have a Bachelors degree in Finance or Accounting. CPA, CTP, AAP, CFA or other financial certification or license preferred.
You will have a minimum of 10+ years global treasury operations experience and 5+ years of successful leadership experience of global treasury professionals. In addition, you will have knowledge of finance, economics, accounting and statistical modelling.
Ideally you will have gained experience in a similar role at a public company and possess retail industry experience. Working knowledge of back end bank processing systems, banking products and services is desirable as is significant demonstrable success in FOREX strategy.
How to Apply:
If you are interested in being considered for this opportunity, please email your CV to Mike Richards via email@example.com or call +312 612 0933 to discuss further
Please note you must be a U.S citizen or a current Green Card holder to apply for this role.
Original source: Treasury Recruitment