Job Description

Role Overview:

The Senior Manager, Treasury and Accounts Payable manages the financial activities of the organization while providing direct leadership to Treasury and Account Payable (AP) professionals. This position oversees all aspects of the company’s cash flow, including investments, loans and other sources of funding. This role provides both leadership and oversight to ensure systems and business processes are streamlined to minimize manual workarounds and system customizations across the Americas. The position collaborates with other business teams to assess business needs/requests and to ensure internal processes are revised and customized to align with standard functionality in our core systems. This role provides feedback to steer solution design and decision-making, serving as a link between IT and the business, also serving as a key facilitator of a corporate-wide effort to harmonize systems and processes across the Americas.

Duties & Responsibilities:

Treasury

• Manage Americas treasury function and support strategic initiatives including working capital management, risk management and other areas, as needed
• Lead day-to-day treasury activities to meet financial goals and obligations of the business for BIC, BMS and BIUS
• Act as key treasury liaison to all companies in the Americas region
• Recommend and implement strategies to address Americas cash needs
• Oversee all cash management activities including cash positioning, forecasting and inter-company activity
• Responsible for management and administration of treasury systems, as well as the implementation of new systems
• Support working capital initiatives and programs including credit cards, supply chain, finance and other programs
• Manage banking relationships and other partners to ensure efficient banking operations
• Responsible for risk management including interest rate management, foreign exchange hedging and insurance
• Support capital markets transactions including debt and equity issuances, repayments and repurchases
• Partner with internal audit to develop, document, and execute controls over treasury processes to ensure JSOX compliance
• Understand legal entities financial statements, key drivers of cash flows and foreign exchange exposure, anticipate risks and recommend actions
• Understand statutory accounts and identify opportunities to maximize dividends repatriation to the US
• Collaborate and work closely with Accounting, Tax and Legal teams on all planned transactions
• Monitor, analyze and reconcile month cash, inter-company and third loans, provide insights on key drivers, anticipate trends, risks and recommend mitigating actions
• Monitor outstanding debt and available facilities and assist in opening or closing facilities, as necessary
• Prepare and present, as requested, recurring results and insightful analysis for treasury and foreign exchange
• Perform treasury analysis and make recommendations regarding cash flow, borrowings, and capital management
• Lead education, training and communication efforts to enable adoption of treasury best practices and consistency company-wide
• Manage timely and accurate internal Treasury reporting

Accounts Payable (AP)

• Manage North America accounts payable function and support strategic initiatives around spend effectiveness
• Act as key accounts payable liaison to all companies in the Americas region
• Collaborate closely with leaders across divisions and departments to align financial strategies and support efficient operations
• Oversee the effective management and optimization of Concur system across the Americas region
• Partner with Procurement team to streamline and enhance Zycus purchase requisition/purchase order processes by identifying and providing solutions to address issues
• Partner with internal audit to develop, document and execute controls over the AP process to ensure JSOX compliance
• Monitor, analyze and reconcile accounts payable activities to ensure all transactions are properly recorded in Company’s records
• Develop and present key performance metrics for accounts payable operations
• Lead education, training and communication efforts to enable company’s adoption of accounts payable best practices
• Manage timely and accurate accounts payable reporting

Leadership

• Lead and mentor Treasury and AP professionals to peak performance through training, coaching and creating opportunities for each team member to apply their newly learned skills
• Set clear goals, deadlines and KPIs to align team activities with overall company financial goals and strategies
• Responsible for the delivery of outstanding Treasury and AP services by working with the various teams and gathering feedback on value that the team is providing in the Americas
• Provide guidance, training, mentoring, coaching and development to allow them to achieve their goals and meet their deadlines; Address all performance issues in a timely manner
• Measure performance of the team and create an environment that allows them to continuously develop their skills
• Identify strengths and weaknesses of the team members and create training opportunities to address weaknesses
• Collaborate and share perspectives/best practices to help deliver measurable improvements

Experience & Qualifications:

Education

• Bachelor’s Degree (or equivalent experience) in Business, Finance, or related fields

Experience

• Minimum 8 years experience in a combination of experience spanning the following areas:
  • Experience in managing Treasury and AP teams
  • Experience partnering and collaborating with Senior Management
  • Experience making broad financial and business decisions
  • Experience motivating and developing a professional team

Languages

• French- Canadian - Preferred
• Spanish- Preferred

Software/ Technical Skills

• MS Excel skills, including Vlookups and Pivot Tables Intermediate
• Knowledge of Financial Systems such as SAP S4 Hana, Concur and Zycus

Other Skills, Knowledge, & Abilities

• Strong technical knowledge of Treasury
• Strong communication skills with the ability to convey complex issues in a simple manner
• Ability to challenge the status quo and foster shared understanding   transparency, and mastery of the process and/or system
• Ability to balance multiple priorities and act with resolve in an ambiguous environment
• Ability to build productive relationships across all levels of the organization and   foster cross-functional collaboration and alignment on business objectives
• Strong leadership skills
• Strategic financial acumen
• Ability to drive process improvements across multiple teams

Additional Details for This Role:

This role will be a hybrid role. Subject to business needs, employees may work remotely up to two days per week. Assigned office days will be determined by managers. 

#LI-Hybrid

Base Salary 

• The targeted base salary range for this position is $140,000- $165,000 per year.
• Base salary is determined by the education, experience, knowledge, skills, and abilities of the successful candidate, as well as factors such as internal equity, cost of labor in the hiring location, and alignment with market data. 

Additional Compensation

• This position is eligible for a 20%bonus at 100% of target, with the opportunity to achieve above 100% dependent on company performance and in alignment with company bonus plans.
• Bonus awards are discretionary and contingent upon individual performance as well as Brother achieving its corporate objectives, in accordance with the applicable bonus plan in effect. 

Job Tags

Work at office, Remote work, 2 days per week,

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