JOB PURPOSE: To provide counsel to Treasury/Finance management on a variety of Treasury/Finance processes and Treasury management services for the Enterprise, business entities, and shared service centers. Ensure adequate Treasury process disciplines and measurements are in place and serves as a leader in a Treasury/Finance field where decisions and recommendations are made for strategic advantage and have a major impact on the Enterprise.
JOB RELATED STATISTICS:
Company Sales and Revenue: $42 billion
JOB DUTIES: This position may be recognized within Caterpillar as an expert in a specific Treasury/Finance area and may have gained some recognition outside the company. Key responsibilities include expertise in Treasury/Finance processes such as Funding, Cash and Foreign Exchange. Individual must demonstrate creativity, foresight, business judgment and outstanding Treasury/Finance knowledge along with the sensitivity to enterprise financial impact. Incumbent has gained sufficient knowledge, recognition and expertise to influence global financial products, industry standards, applicable regulations, global fiscal policy and acumen.
Reporting directly to this position may include, but is not limited to, the following: Finance Analyst I, Finance Analyst II, Senior Finance Analyst, Treasury Operations Rep, Senior Treasury Operations Rep, Senior Funding Consultant or Senior Funding Analyst.
Provide counsel to Treasury/Finance management on a variety of Treasury/Finance processes and Treasury management services for the Enterprise, business entities, and shared service centers that include the following processes & services:
Defining subsidiary capital structures (including specialized capital structures, e.g. Preferred Equity Certificates)
Consultation on legal entity holding structures and activities
Repatriating overseas earnings
Serving as a consultant on foreign exchange issues
Driving common global systems and processes
Balance Sheet management
Must have practical Treasury/Finance experience and demonstrate success in leadership assignments or projects and execution of them. Direct respective processes to enable and support regional and global strategy development. Assure goals and directives align with overall Treasury strategies. Decisions made/recommended at this level could have significant impact on Treasury/Finance operations throughout the enterprise, including business segment results. These decisions/recommendations could include:
External vs. internal borrowings and proper amount of debt + equity for subsidiaries
Establishment of in-country funding centers where justified
Treasury due diligence for M&A,
Integration of acquired companies
Consultation on divestiture transactions and planning for use of proceeds
Potential supplier changes due to funding
Timing and execution of system upgrades
Currency risk consultation (mostly translation related)
Decisions could have far-reaching impact on the enterprise such as:
Subsidiary funding structures versus external borrowing decisions determines a subsidiaries borrowing costs directly impacting legal entity results
Enterprise leverage (debt issuance and equity decisions/execution) and interest rate management
Credit Rating and management of Rating Agency relationships
Corporate Bank Group composition via relationship management and returns decisions
M&A due diligence activities can eliminate high risk candidates or set the stage for successful integrations
Treasury systems are global in nature and must be properly maintained and kept current to optimize global cash management
Consulting on foreign exchange can influence invoicing currencies and functional currency decisions
Foreign currency expectations play a major role in determining Cat’s manufacturing footprint, sourcing decisions, and location of new facilities
Rationale relative to balance sheet protection, cash flow deployment including share repurchase and dividend
Maintains multi-year plans and objectives and provides financial analysis to support enterprise needs. Interprets current and future capabilities and plans and executes financial analysis for the use in profit center strategic planning.
At this level, leadership skills and a clear vision of how team goals align with Treasury strategy are important as the manager of a small group of technical Finance people. Incumbent needs to be able to provide guidance and participate in career progress planning with their direct reports and provides upward direction and guidance related to industry opportunities and changing trends. Challenge is to balance short term thinking against long- term strategy. Must communicate effectively across a variety of audiences to gain understanding and acceptance of ideas and recommendations.
The position manages a work unit of primarily management/professional employees where monitoring and reviewing subordinates work is required as well as training, developing and mentoring. The position is responsible for all personnel issues and performance evaluations of subordinates.
Typical internal customers may include various contacts throughout Caterpillar worldwide and its subsidiaries. Primary interface include Caterpillar Vice Presidents. External contacts may include Investment Managers, Actuaries, banks, credit rating agencies, insurance companies, dealers, suppliers, and various customers and vendors throughout worldwide markets.
Manages the compliance of its own assignments and keeps up to date with new industry trends, changing technology and regulations and integrates changes to global processes, as appropriate.
Must have ability to work with people from diverse backgrounds, internally and externally, with the appropriate influence and ability to resolve differences. Good human relations skills are required to develop a collaborative/cooperative work relationship with others inside and outside the business unit.
Expertise may be recognized within government agencies, the banking and insurance industries, national associations, dealers and customer groups. Incumbent could influence future regulations and change the way work is performed. Incumbent maintains and improves expertise through formal and informal means.
4 year degree preferably in Finance
8-10 years of progressively responsible Treasury/Finance experience
Top Candidates Will Also Have:
Should have broad business background, specific long-term industry knowledge and excellent communication skills. Must be able to deal with sensitive issues, mentor and develop others or persuade others inside and outside the department to take specific action. Typically the incumbent will have had several years of Treasury/Finance experience and supervisory experience. Incumbents have had some experience in providing direction for future Treasury/Finance product and service needs and continue to improve their skills at building this expertise at higher levels within the enterprise and among industry peers. Responsibilities will also include mentoring of Treasury/Finance professionals.
This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at www.Caterpillar.com/Careers.
Employee benefit details
Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.
Here you earn more than just an hourly wage, because we value your performance, we offer a total rewards package that provides day one benefits (medical, dental, vision, RX, and 401K) along with the potential of a monthly bonus.
Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).
Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application please use the candidate log-in on our career website as it will reflect any updates to your status.
Relocation is available for this position.
EEO/AA Employer. All qualified individuals – Including minorities, females, veterans and individuals with disabilities – are encouraged to apply.
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Original source: Indeed