North America Treasury & FX Manager

• Career Development
• Competitive Compensation and Benefits
• Pay Transparency
• Global Opportunities

Learn More Here: https://www.dematic.com/en-us/about/careers/what-we-offer

Dematic provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

The base pay range for this role is estimated to be $95,000 - $138,000 at the time of posting. Final compensation will be determined by various factors such as work location, education, experience, knowledge, and skills.

This is what you will do in this role:

Cash Flow & Banking

• Own regional cash management activities including cash positioning, forecasting, budgeting and funding ensuring adequate liquidity for operational needs and strategic planning.
• Optimize the full life cycle for treasury payments: creating, tracking, confirming approvals and settlement of all wire and transfer payments, including FX trade settlements.
• Manage daily customer funds cash pooling and funding decisions.
• Develop and maintain strong banking relationships to ensure delivery of appropriate and cost-effective banking services and support.
• Prepare and present regular reports on cash flow, treasury operations, and financial risks to senior management.
• Ensure cash and treasury activities are compliant with regulatory guidelines and the company's internal policies.

Foreign Currency & Hedging

• Identify and model FX risk exposures to determine optimal hedging strategy for managing impact/risk to P/L.
• Analyze and mitigate current FX exposures by preparing and submitting accurate FX spot deal orders to buy or sell foreign currencies through hedge accounting or P&L hedges.
• Manage evaluation of current programs and develop analytic models to evaluate value at risk, hedge effectiveness and alternative hedging strategies.
• Mitigate FX P/L impact from hedging activities thru daily review and elimination of balance sheet exposures.

Corporate Spend

• Responsible for all regional corporate card programs (Purchase card and T&E card) as well as the expense reimbursement process.
• Manage and support expense report review processes by analyzing expense reimbursement data and interpreting the statistical information to ensure compliance to company policies and identify the areas of improvements.
• Maintain regional users within T&E system and credit card program. Working in collaboration between the two systems.

Insurance

• Develop and maintain the organization's insurance strategy, policies, and procedures (vehicle, transportation, directors & officers, commercial liability)
• Evaluate the organization's insurance needs and secure appropriate coverage to mitigate risk.
• Establish and oversee insurance coverage to include, but not limited to making recommendations of coverage and retentions, negotiate placement of policies, ensure appropriate policies are in place, etc.
• Responsible for managing the relationship and setting expectations for third-party insurance broker.
• Coordinate with internal departments and external parties (e.g., insurers, adjusters) to ensure timely and effective claims processing.

Team Leadership

• Lead, mentor, and develop a team, fostering a collaborative and high-performance culture.
• Work cross functionally with multiple teams to understand key initiatives that will impact operational cash management process that require changes and liaise with appropriate team members to deploy process improvements.
• Develop, implement, and monitor performance metrics and reporting on established KPI's within Treasury operations team.
• Develop and maintain financial model and reporting to support short-term and long-term cash flow forecasting needs working closely with corporate FP&A

What we are looking for:

• Bachelor's degree in accounting, finance or related discipline is required.
• Minimum of 8 years of experience in corporate treasury, finance, or a related field, with at least 2 years in a leadership role.
• Strong leadership and team management skills, with a commitment to developing talent.
• Significant knowledge of cash management and risk management principles.
• Excellent analytical, strategic thinking and problem-solving skills with the ability to act independently to meet deadlines.
• Exceptional communication and presentation skills, with the ability to convey complex financial information clearly and concisely.
• Attention to detail, accuracy, and a hands-on proactive approach.

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