POSITION SUMMARY
The Treasury Manager will be responsible for leading and supporting various Treasury related activities under the direction of Treasury Leadership. The ideal candidate will be able to compile and analyze data accurately and present the results in a summarized manner to Senior Leadership across various functions to support strategic decisions.
TREASURY MANAGER RESPONSIBILITIES INCLUDE:
Cash and Liquidity Management:
Prepare daily cash management including prior day and current day reporting, processing and approval of wires, managing investments and monitoring North America regional funding to ensure appropriate levels
Develop North America daily and weekly cash forecast and analyze actual to forecast variances and identify / recommend funding actions if needed
Lead the Global consolidation of the weekly cash forecast and present to Senior Leadership
Monitor bank services and fees, open and close bank accounts, and maintain authorized signor and user access lists
Liaise with banking partners to identify cash movement/process efficiency and banking product/structure opportunities and lead implementation as needed
Debt Management:
Coordinate activities related to interest payments and SEC financial disclosures of company debt
Compile, maintain and analyze data for debt covenant reporting and compliance submissions
Work with the Global Business Services team to analyze and report monthly ABL facility availability
Risk Management
Assist in compiling and analyzing Company's foreign exchange rate exposure globally and execute derivative contracts with select counterparties per corporate guidelines
Review and approve the net settlement of derivative contracts and month-end / quarter end accounting including effectiveness testing
General Corporate Finance:
Work closely with Corporate Accounting on Treasury related transactions for month end close
Manage SOX Compliance testing with the Internal Control team
Compile and manage annual FBAR reporting
Assist in analyzing Lease versus Buy analysis associated with Capital Requests
Lead initiatives to educate / inform global business on best treasury practices such as fraud prevention and cash prioritization
Manage / educate / assist in developing Treasury-related skills within the Global treasury team
QUALIFICATIONS:
Bachelor's degree, MBA or CTP is a plus
5 years finance experience required including specific experience in Treasury related functions such as cash management and cash forecasting
Strong MS Excel, Word and PowerPoint skills
Ability to prioritize and manage multiple projects and deadlines
Strong verbal and written communication skills and ability to partner with internal functions and external banks
Knowledge of Treasury Management Systems and bank portal platforms is a plus
SAP or Hyperion Financial Management database and data retrieval experience is a plus
Experience with US GAAP and Hedge Accounting is a plus
WORK ENVIRONMENT / WORK CONDITIONS:
Flexible hybrid structure with certain days in our Northville Headquarters
Minimal travel required
Equipment used requires proper training on the potential for and avoidance of injury
Cooper Standard is proud of its diverse workforce and committed to providing equal employment opportunities to applicants and employees without regard to race, color, religion, sex, national origin, genetic information, physical or mental disability, age, veteran or military status, or any other characteristic protected by applicable law. We are dedicated to creating an environment at work that not only values diversity but also encourages inclusion and a sense of belonging. We firmly believe that a diverse workplace fosters an environment where our employees can flourish and provide superior service to our customers.
Because we recognize and value the range of ways in which people acquire experiences, whether via personal, professional, education, or volunteerism, we invite interested applicants to evaluate the key duties and requirements and apply for any opportunities that fit your experience and qualifications.
Applicants with disabilities may be entitled to reasonable accommodations under the Americans with Disabilities Act, as well as certain state and/or local laws. If you believe you require such assistance to complete our online application or to participate in an interview, you (or someone on your behalf) may request assistance by emailing recruitment@cooperstandard.com with a description of the accommodation you seek. Application materials submitted to this email address will not be considered.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
Please see job description for required skills.
