Treasury Senior Manager

SUMMARY:  The Treasury Manager reporting for Sr. Director of Finance, will help with the day-to-day treasury activities, and will be responsible for developing and maintaining treasury processes and policy. The Treasury Manager will be responsible for overseeing all aspects of our treasury function, ensuring the efficient management of cash flow, mitigating financial risks, and supporting our ambitious growth plans. The position requires a highly motivated individual with a proven track in operational accounting. This individual must have prior experience and knowledge of month-end closing procedures, operations, internal controls, and account analysis.

DUTIES AND RESPONSIBILITIES:

• Develop and support treasury policies, procedures and controls
• Responsible for the overall direction, coordination and evaluation of treasury department
• Support global expansions and establishment of new entities worldwide
• Develop, implement and maintain bank account structures
• Responsible for liquidity management of all entities
• Develop and prepare weekly cash forecast
• Manage all relationships with financial institutions supporting company’s cash management operations; assist in negotiating loan terms and covenants, oversee compliance with debt agreements
• Implement hedging programs for foreign exchange and interest-rate exposures; mitigate financial risks associated with credit exposure
• Develop reporting package for executive team on company’s liquidity and key cash management operating metrics
• Lead and enhance internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures
• Oversee risk management and foreign currency and interest rate exposures
• Manage all cash management functions including cash concentration, wires and account funding
• Ensure adequate liquidity for working capital needs and invest short-term excess cash; manage inter-company cash including inter-company lending, dividends and capital injections
• Forecast worldwide interest expense and income
• Implement new bank technologies, products and services to improve the cash cycle and simplify company operations
• Facilitate the opening of new global banking relationships as needed
• Demonstrate leadership and training skills to further develop policy across the team
• Manage surplus funds, researching and recommending investment opportunities aligned with our risk tolerance and investment goals
• Manage month end close process of reconciling bank accounts and prepare reconciliations for review; record all bank transactions
• Work with accounts payable to ensure suppliers are paid on time and within cash flow forecast expectations, while ensuring parent and all subsidiaries maintain liquidity

QUALIFICATIONS

• Minimum 5 years of experience in a treasury role, preferably within the life sciences industry, or similar fast paced growth industry, private equity experience a plus

EDUCATION

• Bachelor’s degree in accounting or finance required
• MBA preferred

RELEVANT CERTIFICATIONS

• CTP
• CPA

KNOWLEDGE REQUIRED

• Excellent communication skills in dealing with internal and external customers and business partners
• Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills
• Strong experience with bank reconciliations Experience in life science industry preferably mix of large and small company environments.
• Strong technical (US GAAP) accounting background and SEC reporting acumen
• Familiarity with compliance requirements of a public company
• Detailed knowledge of the Sarbanes-Oxley Act, including Section 404, and an ability to drive the Company’s compliance with all relevant accounting and certification requirements.
• Self-directed, accomplishment-driven individual with a strong sense of passion and urgency who can work both independently and in a cross- functional team environment, fostering open communication, mutual understanding, and cooperation.