Treasury Manager

Who We Are

Iconic brands. Global locations. Extraordinary people. These elements, infused with our commitment to continuous improvement, set us apart from the competition and create a career and customer experience like no other. As a diversified technology company, we have leading positions in orthopedic solutions, industrial welding and cutting, and specialty gas regulation and control. Our products and services help improve the lives of our customers around the world. And, with over 15,000 passionate associates in offices across six continents, we advance our positive impact every day on a worldwide scale.

If youre craving an opportunity to shape a growing global company, work with highly-motivated colleagues and make a difference right away then Colfax Corporation (NYSE: CFX) is the place for you. Check out our current career opportunities today!

What You’ll Do

Reporting to the Vice President (VP) Finance and Treasurer, this position is available at Colfax Corporation in Wilmington, DE. As a critical contributor to the corporate treasury organization, responsible for foreign exchange (FX) risk management policy and risk monitoring process utilizing value at risk methodology, establish and implement process for efficient cash and debt management in North America, including implementation of treasury workstation and optimization of bank structure. Develop complex and sophisticated financial models to support decision making at board level, including liquidity planning and debt capacity, debt covenant sensitivity, and credit ratings. Support VP, Finance and Treasurer, to implement initiatives targeted to improve free cash flow forecasting and processes. As part of a broader team including legal, accounting, and human resources, manages asset investments for United States Pension Funds. Specified duties include, but are not limited to, the following:

• Manage Companys domestic and international cash positions and bank account structure

• Coordinate cash forecasting with Companys business units daily as well as coordinate month-end and quarter-end cash concentration from foreign entities back to the U.S.

• Manage opening and closing of bank accounts and all related controls

• Execute on short term credit lines to fund Companys operations

• Manage short term and long-term debt portfolio, with responsibilities over payment of interest and principal

• Manage debt related journal entries, including those related with interest and principal payments as well as interest accruals for the entire debt portfolio

• Work in conjunction with Financial Planning and Analysis (FP&A) and Accounts Payable team to manage cash flow projection for Companys corporate center

• Manage company compliance to debt agreements, including calculation of the principal credit facility covenants and Compliance Certificates on a quarterly basis

• Work with the operating entities and the Treasury team in London, identify, analyze, and propose actions to mitigate currency risk according to the company FX Policy

• Trade FX derivatives with banks, ensure settlement and accounting treatment as indicated in the company FX Policy, including management of all aspect of FX hedge accounting under ASC 815 US GAAP requirements

• Support Treasurer in all aspects related with management of retirement benefits assets and liabilities management, including defined benefit plans in the US, UK, and other countries, as well as defined contribution plans as applicable country by country

• Coordinate accounting treatment and quarterly disclosures with actuaries and accounting external reporting teams

• Manage implementation of Treasury Management System in the US, coordinating internal teams and TMS consultants and all aspects of system maintenance

• Manage implementation and maintenance of Supplier Finance Program, supporting Treasurer in the coordination of bank personnel, consultants, and Colfax teams in procurement, information technology (IT), accounts payable, accounting, and legal

What You’ll Need

• Masters degree in Finance, Accounting, Business Administration with a concentration in finance or accounting, or a related field, or a foreign degree equivalent. Plus the required skills of solid knowledge and understanding of finance, accounting, cash flow, and quantitative analysis

• Five (5) years of work experience in corporate finance including three (3) years of treasury management

• Experience with Foreign Currency Exchange (FX) risk management and derivatives under GAAP requirements, debt instruments and general debt and equity capital markets, cash management, and treasury management systems including proficiency in financial tools such as Bloomberg or reuters to support FX and risk management/trading

• Driving high-level financial and/or accounting projects and initiatives such as mergers and acquisition evaluations, divestitures, calculations; and utilizing pivot tables to aggregate data for financial models and projections

• Collaborating with tax and legal teams on cash repatriation for countries with different tax associations and treaties

• Managing unique debt portfolio including negotiations with banks and covenant management

• Aggregating and consolidating data on a monthly basis for a large organization and preparing reports/presentations on complex financial topics to present to senior management and c-suite

• Experience working with a global team, interfacing with c-suite, bankers and analysts

• Required to travel up to 25% of the time (domestic and international)

Competencies and Behaviors Needed

• Exceptional communicator all employee levels including senior executives.

• Strong proponent of Colfax values and behaviors and CBS principles.

• Drives continuous improvement.

• Effective at building relationships and trust.

• Fact-based problem solver.

• Strong collaboration skills across functions and business platforms.

• Comfortable working in global matrix organization.

• Results-oriented with the ability to make decisions and to follow-through on programs and policies which have been developed.

• Bias for action; sense of urgency; self-starter; moves with speed.

• Focus on delivering results and continuous improvement.

• Agile mind; quick on ones feet.

• Prioritizes for maximum impact.

• Good at synthesizing data and distilling key points.

• Insightful, deductive reasoner, fact-based problem solver.

• Influencing and driving performance without authority.

• Leadership with humility.

*** Compensation commensurate on years of experience, education and internal equity.

EOE AA M/F/VET/Disability Statement

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, religion, color, national origin, sex, protected veteran status, disability, or any other basis protected by federal, state or local laws.

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

Education:

• Master’s (Preferred)

Experience:

• GAAP: 1 year (Preferred)

Work Location:

• One location

Work Remotely:

• Temporarily due to COVID-19