Position Summary:This is a mid-level role for someone interested in pursuing a career in Treasury Management. This role supports the Company's global cash operations through daily positioning, maintenance of bank accounts/platforms, management of user entitlements, cash flow forecasting and foreign currency trading. This position also provides support to the Company's global divisions for banking applications, working capital efficiencies and hedging foreign currency exposures.
Primary Functions and Essential Responsibilities:- Manage daily cash position in US and reconcile prior days balances in US cash pool
- Decide daily where to invest/redeem cash across our investment portfolio
- Track and reconcile line of credit activity (letters of credit, borrowings, payments)
- Administer all global banking and FX platforms
- Perform daily payment operations by ACH, Wire, etc. in multiple bank platforms
- Provide supporting documents for Treasury transactions to Accounting
- Prepare daily global cash position report for management
- Research opportunities to invest trapped cash held offshore
- Pull monthly foreign exchange rates for the company's operating divisions
- Execute spot foreign currency trades
- Process trade confirmations and coordinate settlement with banks.
- Review divisional foreign currency exposures and execute the appropriate hedges per policy
- Generate unrealized/realized foreign currency hedge reports and reconcile with bank statements
- Create hedge documentation and monitor hedge valuations to ensure accurate accounting
- Managing and documentation of intercompany loan portfolio
- Administer all global banking platforms: provide Know-Your-Customer documentation, update account signers, manage/track online users
- Ensure compliance with department policies and Sarbanes-Oxley controls and procedures
- Maintain bank account opening, modification and closing documentation
- Assist in preparing Foreign Bank Account Report
- Transition new acquisitions to Carlisle banking platforms
- Complete compliance for new acquisitions for Dodd-Frank and other protocols
- Liaise with US division personnel on lockbox collections and payment processing and support divisional collection and payment operations
- Assist Treasury Manager, as needed, with reporting on letters of credit, share repurchases, etc.
- Engage in special projects as needed to increase global cash visibility, improve treasury risk management, and streamline treasury operations
- Support and respond to internal and external audit inquiries in a timely and accurate manner
- Miscellaneous treasury projects to meet the demands of a growing and ever-changing environment.
Education / Certifications:- 4 year undergraduate degree in Accounting, Finance or a similar quantitative discipline
Experience Required:- Minimum of four (4) years related work experience in accounting, treasury or similar role
- Domestic and international payment experience via check, ACH and wires
Skills / Abilities:- Given the nature of the position, attention to detail is paramount.
- Self-starter with the ability to work independently, trouble-shoot, manage multiple tasks and set priorities.
- Maintain strict control procedures and oversight of controls at divisions
- Continuous improvement focus
Ø Possesses strong problem solving and analytical skills- Strong written and verbal communication skills
- Excellent organizational and interpersonal skills
- Customer service focus
- Working knowledge of ERP systems as they function in large public companies, preferable but not required.
- Strong technical skills in Excel a must. Comfortable with systems in general.
- Ability to work with limited supervision
