Prolonged periods sitting at a desk and working on a computer. Prior experience with managing working capital under an Asset Based Secured Loan.Įxperience with treasury management systems, Bloomberg, bank cash management portals, SAP and Hyperion preferred.īachelor’s degree in Finance, Accounting or Business Administration required Master’s degree preferred.ĬFA, CPA or CTP designation highly preferred.
Ability to manage workload, multiple priorities, deadlines, and time. Proven track record of operational treasury decision making.Įxcellent analytical and creative thinking, problem solving, and communication skills. Proven capabilities in the field of finance, including banking, capital markets and risk management. The Company requires a person who is self-motivated, and exhibits drive and resourcefulness with minimal direction.Ī proven track record of performance, where timelines are achieved, and deadlines are consistently met – detail oriented and driven to succeed. This position requires an intelligent, analytical individual who can operate successfully among a dynamic management team. This person must be flexible and be able to work effectively in a situation where priorities may change rapidly. This position requires a person who is hard-working and committed to providing an excellent work product. The successful candidate will be a skilled communicator who can creatively synthesize volumes of data into key trends, observations, and actions either written or orally.Įxperience working with an executive management team providing analysis, guidance, and recommendations. Strong leadership acumen with demonstrated success at earning the respect among colleagues, and mentoring and professionally developing staff members. This role requires an assertive self-starter and problem solver with a drive toward initiating continuous improvement and the ability to quickly grasp the business issues of a situation and develop the best possible solution. Must thrive in a matrixed reporting organization that operates in a dynamic, non-investment grade business environment. Prior experience within a non-investment grade company in the industrial services or products sector, with a multi-national platform is preferred. Effective execution of these responsibilities will favorably affect the Company’s credit worthiness, net cost of capital and mitigate financial risks.Ī minimum professional experience base of at least 5 years, with prior experience managing credit and working capital within a global, multi-billion-dollar industrial business. This position’s responsibilities focus on business imperatives. Prepare ad hoc financial analysis and modeling as requested by the Assistant Treasurer or others in the organization. Preparation of ongoing reporting on the Company’s and peers’ DSO, DPO, DIO, cash conversion cycle and other working capital metrics.
Negotiate favorable terms, ensure timely renewal, issuance and cancellation and maintain an accurate record of outstanding instruments.Ĭollaborate with Assistant Treasurer and banking partners to evaluate financial arrangements for optimizing working capital, including the use of virtual credit cards to pay suppliers, the implementation of supply chain financing, the participation in customer sponsored dynamic discounting programs, inventory consignment arrangements and the utilization of letters of credit. Manage the letters of credit, parent company and bank guarantee portfolio. Partner with the Assistant Treasurer to implement technology solutions which support working capital optimization and continuous improvement in the accuracy and efficiency of the Company’s customer credit worthiness evaluation process.ĭevelop and maintain accurate and up to date models for consistently scoring all customers’ credit worthiness based on data obtained from financial statement analysis, bank and trade references and other reliable third-party sources. Collaborate with Regional Finance Directors, Sales and Procurement teams to ensure ongoing compliance. Manage, negotiate and interact with internal partners across all organizational levels and a wide array of external relationships including bankers, insurance underwriters and technology vendors.įormulate the Company’s global credit policies and procedures. In carrying out these responsibilities, the Credit and Working Capital Manager must be knowledgeable about the Company’s markets, customers, and programs keep up with market trends and practices in various finance-related markets.įoster collaborative enterprise-wide business partnerships to promote a global culture focused on cash and risk mitigation and to establish Treasury as a globally centralized shared services function. The Credit and Working Capital Manager leads the Company’s credit risk mitigation and working capital optimization initiatives.
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