Job Description
Job Title: Treasury Manager, AMR Location: Mount Vernon, IN (US) or Sanford, ME (US) Company profile: A career at
POLYVANTIS provides you with an opportunity to leave a lasting positive impact to the world and yourself. From excellent health and well-being benefits to our comprehensive learning programs, we offer a wide range of benefits and offerings that recognizes that our people have unique motivations and ambitions. It about matching what matters to you with what matters to us. Let us explore what matters!
POLYVANTIS is a global, multi-material player with the most coveted and iconic brands in the industry including PLEXIGLAS® for polymethylmethacrylate semi-finished products and LEXAN™ for polycarbonate sheets and films. With 1,500 employees and 15 production sites worldwide, we offer unmatched global capabilities, providing customers with innovative solutions in sheets, films, and profiles for air and rail, automotive, building and construction, electrical and electronic, healthcare, security, lighting, and signage markets.
Job Summary The Treasury Manager will be responsible for all treasury activities in the Americas & African region (SA), ranging from Front Office, Back Office & Process Excellence.
This role will report to the Head of Treasury and has no direct reports.
Primary Responsibilities: Front Office: - Daily cash actions: Cash and liquidity optimization and daily cash forecasting
- Intercompany Funding: Approve and transfer cash funds between company bank accounts to maintain sufficient levels of cash flows across the business.
- Review and implement intercompany funding requirements.
- Trade finance support: Facilitate and handle trade finance requests from the business, working closely with banking partners to issue letters of credit and confirm payments
- Cash investments: Investment of excess business cash, with support from banking partners
- Operational FX trading, to ensure sufficient balance in required currencies.
Bank regulatory compliance: - Ensuring that all documents and processes are updated in order to comply with current laws and regulations, including Know Your Customer (KYC) documentation.
- Cash collection: Facilitation / provision of bank accounts and a cash management infrastructure for the business
- Liquidity management: Reviewing and managing the company's ability to make payments through cash flow modelling, funding support and cash pooling strategies
- Short term cash forecasting: Treasury models the estimated cash in and out flows for the POLYVANTIS group on a short-term basis, where it forecasts up to 3 months
- Operational risk management: Ensuring that the execution of risk management policies and processes are in place, to mitigate operational risk including risk of loss resulting from inadequate or failed internal processes and systems.
- Process Excellence:
- Maintenance of treasury systems and electronic banking tools
- Support Head of Treasury on projects to improve current workflows
Payments: - Review, approval and processing of payments (including Intercompany payments)
- In-house bank management Administration: Set up, management and maintenance of bank accounts as well bank relationships across the jurisdiction the business operates within
Administration: - Bank statement processing and GL account clearance
- Processing of front office transactions: Processing of financing, investments and FX contracts, guarantees
- Accounting of treasury transactions
- Market data and master data maintenance
Requirements: Education & Training: -
- Bachelor's degree in finance and accounting or equivalent required.
- Undergraduate Treasury degree preferred.
Experience: -
- Minimum 7 years of professional experience in finance roles, including a minimum of 3 years in Treasury functions.
- Knowledge of Treasury operations & cash management within an international organization.
- Knowledgeable with policies, procedures and best practices in the area of Treasury.
- Good Technical knowledge and understanding of SAP (S4HANA).
- General Understanding of TIS & Corima Systems (added advantage).
Competencies: -
- Strong stakeholder management, people management and interpersonal skills.
- Good communication and presentation skills.
- Fluent in English - verbal and written.
- Experience with working in virtual teams.
We are proud to be a diverse and an equal opportunity employer. We are fully committed to a culture of respect and inclusion.
Work Availability Regular, predictable attendance is an essential function of this position. Applicants must be regularly available and willing to work Monday- Friday during assigned hours of operation and such other hours as the company determines are necessary or desirable to meet business needs.
We are proud to be a diverse and an equal opportunity employer. We are fully committed to a culture of respect and inclusion.
Job Tags
Temporary work, Worldwide, Monday to Friday,