Posted OnJuly 6th
The Assistant Treasurer will oversee the treasury process for the company as well as the global operations. This individual will also manage daily cash activities for the company and will have significant involvement with the Company’s financial benefit plans including but not limited to the profit-sharing plan, a US based pension plan and share based plans. The position will report to the Chief Financial Officer and will have significant interaction with the executive leadership of the company.
This role is responsible for leading a highly effective treasury function in a matrix based global environment. This is a critical position for the global finance team with responsibility for daily cash management, debt management (availability and compliance) and SOX controls for the treasury function.
·Provide strong leadership to the global finance team for all Treasury related activities.
·Ensure a strong customer focus to both internal customers and external customers that rely on company financial information. This includes advising senior leadership on treasury related best practices.
·Maintain daily cash management and related banking activities. Approve outgoing payments, sign checks, call in ACH batches.
·Develop and maintain foreign currency hedging strategies for company’s global foreign currency exposures.
·Manage relationship with company’s primary banks.
·Provide guidance and review for the Company’s financial benefit plans including but not limited to a defined contribution plan for the company, a frozen Pension Plan for the company as well as common stock based plans (stock option plan and LTIP plan).
·Assist with the development of robust Global Treasury Policies and Procedures. Review current treasury policies, procedures and practices of the Company.
·Drive improvements in processes, procedures and internal controls which ensure a highly accurate, efficient and robust treasury function.
·Assist the CFO with Investor Relations and Corporate Communications to craft earnings releases, earnings call scripts, investor materials (presentation, Q&A) and responses to analyst questions. Also coordinate to determine financial and nonfinancial externally reported measures/key metrics.
·Exercise strong quality control through ongoing and timely monitoring of reported results and through proactive identification and constructive resolution of complex financial reporting and accounting issues.
Qualifications and Requirements:
·Bachelor’s degree in Accounting or Finance required; CPA or MBA a plus.
·Experience in treasury function with exposure to foreign currency exchange requirements.
·10+ years experience in treasury related functions and/or accounting.
·Extensive contact with management, employees and outside professionals that requires above average language skills. Finance and accounting responsibilities require above average analytical and mathematical skills.
·Hands on experience with statistical analysis and statistical packages.
·Outstanding presentation, reporting and communication skills.
·Proven knowledge of financial forecasting and diagnosis, corporate treasury and information analysis.
·SEC reporting of treasury and share based plan requirements and strong technical understanding of US GAAP as it relates to both.
Salary Range: $100,000 – $130,000