Tenneco is one of the world's leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
The Treasury Analyst will assist Treasury management in a wide range of centralized treasury functions including process administration and analysis, application support and special project support. In addition, the Treasury Analyst will act as the liaison between Treasury and the Accounting and Purchasing departments in Treasury related matters.
JOB RESPONSIBILITIES:
Factoring Program Administration
Coordinate factoring program activities
Weekly AR sales and repayments including calculations & documentation
Liaison between the company and financial institutions
Analyze Risk Exposures and Develop and Administer Risk Management programs
Analyze company's commodity, f/x, and interest rate exposures, develop and evaluate programs to manage these risks, and administer and measure approved risk management programs
Collect company-wide commodity, f/x and interest rate exposure and analyze and assist in evaluating need for and design of potential risk management programs
Coordinate activities with FD's and location Controllers, Accounting and Purchasing
Ensure ASC 815 (FAS 133) compliance when needed.
Exposure Collection and Portfolios (commodity and FX)
Periodic effectiveness assessments for ASC 815 (FAS 133) compliance, for applicable risk management programs
Periodic parts evaluation for ASC 815 (FAS 133) compliance for applicable risk management programs
Audit invoices for ASC 815 (FAS 133) compliance for applicable risk management programs
Maintain & monitor commodity exposures in Excel
Trade Execution
Daily review current hedge targets & monitor current market pricing
Weekly perform trade executions, confirmations & documentation
Maintain & monitor current hedge positions (relative to exposures) and portfolios as needed
Monthly Reporting
Review monthly contract settlements & prepare payments require under Risk Programs
Calculate & confirm MTM with Counterparty for accounting and Euro sites
Submit settlement allocations to corporate accounting
Prepare notional report for accounting and counterparty risk reviews
Review 10-Q and 1O-K footnotes
Monthly LME Meetings (and other Exposure meetings, as needed)
Coordinate gathering of materials for monthly review
Update PowerPoint presentation
Cash Management
Review wires and FX spot transactions for payments
Assist in executing FX spot transactions as needed
Leasing / Capital Asset Analysis (if needed)
Coordinate lease vs buy analysis process / assist in developing capital asset analysis process and coordinate ongoing process, if needed
Prepare lease vs buy analysis for review and sign-off by accounting and management.
Prepare Capital Asset analysis (if needed)
Systems
Electronic trading with Bloomberg FXGO
Continued implementation of Excel or other primary data repository for hedging, review potential replacement systems if appropriate
Cash Management support and back-up SOX Compliance
Provide documentation and walkthrough for SOX and Audit compliance on derivates
Special Projects
Support Treasury management as required
EDUCATION: Bachelor's degree in finance or related field, with an MBA and/or Treasury certification preferred.
EXPERIENCE:
2+ years' experience working in a centralized treasury function
Experience working in a centralized treasury function with finance teams and financial institutions for a large multi-national corporation.
Strong verbal and written communication and presentation skills
The candidate will be self-motivated and driven to continually develop efficiencies in all Treasury processes.
Demonstrated skills in Word, Excel and PowerPoint
Strong knowledge of One Stream and Bloomberg FXGO highly desired
Understanding and working knowledge of ASC 815 (FAS 133) as well as knowledge of Dodd-Frank requirements
Strong analytical skills with the ability and drive to solve problems and suggest proactive solution
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Equal Opportunity Employer Minorities/Women/Veterans/Disabled
