Role Overview
The Global Treasury Manager will work closely with the CFO to implement global treasury strategies that align with the organization's financial goals, managing cash liquidity, and optimizing returns. This role involves overseeing global cash pooling, hedging programs, and risk management strategies, as well as coordinating financing and funding solutions. Additionally, the Treasurer will lead the development of treasury management systems and ensure compliance with international financial regulations across multiple jurisdictions. The position is Hybrid. On-site in our West Hollywood HQ on a 2/1/2 schedule.
Key Responsibilities
Your responsibilities are - but are not limited to:
- Work with the CFO to implement global treasury strategies that align with the organization's overall business objectives and financial goals.
- Manage the global cash position to ensure each company of the Group has sufficient liquidity to support operations while optimizing returns on excess cash.
- Lead the implementation and management of global cash pooling structures, cash concentration, and intercompany funding strategies across multiple currencies and regions.
- Develop and maintain global cash forecasting models to predict short- and long-term liquidity needs and make informed decisions about financing, investments, and cash utilization.
- Design and manage hedging programs to address global risk exposure, ensuring compliance with hedge accounting and financial reporting standards. Provide regular updates to senior management on the effectiveness and impact of risk management strategies.
- Execute foreign exchange hedging strategies and manage the use of financial instruments such as forwards, options, and swaps.
- In Coordination with the CFO, oversee global banking networks, negotiate banking services, credit facilities and financing options, ensuring the company benefits from competitive terms and efficient cash management solutions.
- Develop and manage global funding strategies, including access to credit lines, debt issuance, and capital structure optimization.
- Oversee the implementation and management of treasury management systems and tools to automate cash management, liquidity forecasting, and risk management processes.
- Collaborate with IT and finance teams to optimize the integration of treasury systems with ERP and other financial platforms.
- Continuously monitor and improve treasury operations, identifying opportunities for process efficiency and automation.
- Establish and maintain policies and procedures to ensure consistent treasury practices and compliance with local regulations across all regions. Develop and execute global risk management strategies to protect against interest rate, commodity price, and other financial risks.
- Work with the Director of Consolidated Reporting and Tax Compliance to ensure compliance with international financial regulations, accounting standards (such as IFRS or GAAP), and local treasury regulations across all jurisdictions.
- Prepare global treasury reports for senior leadership, including cash flow, liquidity, hedging activities, and risk management metrics.
- Coordinate with internal and external auditors to ensure transparency and accuracy in treasury activities.
Key Requirements
- 8-10 years' experience. A long tenure with the same company a plus.
- Proven experience in managing global cash, liquidity, foreign exchange, and risk management strategies.
- Familiarity with different types of financing (bank loans, syndicated loans, assets-backed landing, factoring, reverse factoring, revenue-based loans, subordinated debt raising, etc..).
- Strong understanding of international banking, financing, and regulatory environments, including those related to foreign exchange and international banking.
- Strong connections within the banking and financial institution community.
- Ability to navigate and manage complex, cross-border treasury activities across multiple jurisdictions.
- Experience in the implementation of a treasury management system a plus.
- Strong oral and written communication skills.
- Extensive experience with Excel, including complex formulas, pivot tables, lookups, macros. Familiarity with NetSuite a plus.
Additional Information
Jacques Marie Mage is a company that respects the uniqueness of each employee and offers everyone the means to find their place and thrive. We promote initiatives aimed at supporting professional equality for everyone. We strive to go above and beyond purely symbolic measures by building a culture focused on meaningful strategies aimed at creating an inclusive workforce.
