A little bit about our team:Warner Music Group's Treasury team is looking for an assertive team player with excellent communication skills for a Vice President, Treasury Operations position. This position is based in the New York Treasury Headquarters office and reports to the Senior Vice President and Treasurer. The role will have a wide range of responsibilities relating to a number of treasury risk functions, including managing and mitigating foreign currency risks, managing interest rate risks, assisting with the management processes/policies & treasury systems and global treasury operations.
The VP will have direct interaction with Corporate Accounting, Shared Services Finance, Tax, and Legal and foreign affiliates accounting groups.
Your role:- Review, refine and expand (as appropriate) the Warner Music Group foreign currency risk management program. Work with foreign affiliates to identify, measure, aggregate and manage net worldwide foreign currency exposures. Evaluate accuracy of exposure forecasts and implement adjustments where necessary.
- Evaluate interest rate exposures and debt mix (fixed to float) to provide recommendations for interest rate hedging.
- Prepare FX and interest modeling and reporting and perform sensitivity analyses to assess a reasonable range of outcomes.
- Maintain and enhance quarterly hedge effectiveness testing and reporting. Work with corporate accounting and external auditors to ensure hedge accounting is achieved.
- Manage derivative middle and back office functions - trade recommendations and execution, counterparty risk assessment, trade confirmations and monthly derivative settlement. Ensure compliance with Dodd Frank and other regulatory requirements.
- Maintain and update interest rate and foreign exchange risk management policies and procedures as necessary.
- Work with the team on the implementation and continuous refinement of the integrated treasury workstation (TMS)
- Assist in the development of global treasury policies and corporate treasury SOPs (standard operating procedures)
- Support key treasury operational activities; global cash balance management, global cash pools & netting process, intercompany loan process and bank account management
- Work with Internal Audit to define and test SOX controls relating to hedging/derivative management and other treasury activities.
- Need to lean in and support ad hoc financial modeling and projects
Here you'll get to:- A minimum of 10 years of well-rounded financial and Treasury experience in a mid to large multinational corporation
- A MBA Degree in Business, Finance or Accounting preferred
- Certified Treasury Professional (CTP) preferred
- Exposure to multiple business models, operational complexity and international operations a plus
- Excellent risk management (foreign currency/interest rate) technical knowledge and a general understanding of insurance products and services
- Excellent knowledge and experience managing global cash management, corporate finance, capital and credit markets, and related instruments and products
- Strong analytical and planning and organizing skills along with the ability to think and act strategically
- Excellent oral and written communication, interpersonal, research analysis and problem solving skills
- Demonstrated high integrity and ethics in all activities
- Familiar with international Tax
- Knowledge of Treasury and finance applications a plus: Reval, Wall Street Systems, City Financials, FXall, Bloomberg, Online bank portals, SAP a plus
About you:- Accounting and/or finance experience
- Excellent understanding of currency and interest rate hedging principals
- Analytical and problem solving skills
- Strong verbal and written communication skills
- Works well indecently but also in a team environment
- Enthusiastic, assertive, self-motivated
This position requires a minimum of 4 days per week in the office. We value in-office collaboration, which is essential for talent development and strong working relationships. #LI-OnsiteSalary Range: $225,000 to $250,000 AnnuallySalary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.
