A leading provider of innovative laser systems to help people in various global markets, including but not limited to renewables, microelectronics, research, life science, automotive, and medicine.
We are seeking an experienced Senior Manager, International Treasury to be responsible for oversight of Treasury Operations in the EMEA and APAC regions, including bank account management, cash and liquidity management, intercompany loans, and cash forecasting.
They will work closely with site controllers and finance teams to ensure treasury operations are managed in line with the strategic priorities set by the Corporate Treasurer and will be the liaison between EMEA and APAC finance teams and Corporate Treasury.
PRIMARY DUTIES & RESPONSIBILITIES.
Cash & Liquidity Management
* Lead the implementation of a liquidity management solution (physical cash pool) in EMEA and APAC, working cross-functionally with legal, accounting, and tax to ensure proper functionality.
* Manage cash pool balances and create reporting to ensure proper recording of pool activity.
* Manage intercompany loans for EMEA and APAC, including creation, maintenance, settlement, and interest expense reporting, working cross-functionally with legal, tax, and accounting.
* Ensure pool participant compliance with pool rules and corporate treasury strategy.
* Plan annual settlement of pool assets and liabilities through dividend distributions or equity infusions.
* Execution of payments to and from the pool, including loans to Corporate, FX trading, trade execution, documentation and settlement.
Bank & Bank Account Management
* Responsible for managing all EMEA and APAC bank accounts and working across all EMEA and APAC sites to ensure smooth treasury operations, including:
* Account opening, closing and signer maintenance.
* Know Your Customer inquiries and delivery of relevant documents to the banks.
* Bank portal administration.
* Approval of Treasury payments.
Cash Forecasting
* Responsible for building and maintaining Cash Pool forecasts to facilitate funding and planning.
* Work cross-functionally to forecast pool balances, ensuring pool obligations are met.
* Lead the process within EMEA to identify pockets of liquidity that can be used by the business for repatriation, debt repayment, or investment.
Bank Relationship Management
* Develop relationships with international banking contacts and identify areas of expertise for each.
* Generate ideas and implement best practices for international treasury management solutions and opportunities.
* Assist the Corporate Treasurer in developing regional strategy and priorities.
EDUCATION & EXPERIENCE
* B.S. or B.A. in Finance, Economics, or Accounting.
* Demonstrable professional experience in treasury or banking at a large multinational corporation with significant operations in EMEA.
* Significant experience managing a cash pool in EMEA.