Job Overview:

OmniOn Power is seeking a Senior Treasury Manager to be based in Plano, TX.In this newly created position, you will develop a global treasury function. In this challenge you will partner with the business and finance function to proactively manage the financial assets and exposures; put in place and manage financial infrastructure: capital structure/payment systems, credit facilities/hedging structures; manage the relationships with key financial counterparts and mitigate risks.

This role reports directly to and partners closely with the Director of Global Tax and Treasury.

Responsibilities:

• Develop and establish a new treasury function including implementation of Kyriba, our new Treasury Management solution and related processes.
• Manage daily cash positions globally.
• Coordinate with Finance to develop short- and long-term cash forecast, optimizing excess cash while maintaining optimal liquidity levels, per entity.
• Responsible for monthly treasury reporting, including cash flow analyses.
• Set guidelines for the investment of available cash, design the bank accounts structure (including cash pools) to allow the highest and most effective cash concentration.
• Oversee global cash movement and repatriation in collaboration with legal and tax, including company loans and cash pooling.
• Develop foreign currency exchange programs, including FX hedging to mitigate exposure.
• Develop a process to manage financial covenant compliance, letters of credit, surety bonds, bank guarantees, company guarantees and related credit instruments.
• Maintain strong relationships with financial institutions and parent holding companies.
• Enable the organization with the required level of financial sources to support current and future business requirements.
• Contribute to the development of net working capital and liquidity strategies.
• Ensure that internal controls over treasury processes are designed and performed effectively and efficiently.
• Drive continuous initiatives and process improvements in Treasury to keep abreast of the latest developments in this area.

Basic Qualifications:

• Bachelor's degree in finance, Accounting or Economics or related field, MBA preferred.
• Minimum 10 years of relevant experience in progressively more advanced treasury roles of a publicly traded, global organization.

Desired Characteristics:

• Working experience with Kyriba preferred
• Experience implementing Cash Management Systems or other Financial Systems
• Certified Treasury Professional preferred
• Working with India, China and Mexican cash/banking regulations
• Conversational in Mandarin is a plus.
• Experience with Industrial Engineering and manufacturing companies preferred.
• Proficiency in working with MS Office
• Working knowledge of SAP
• Experience with Power BI, a plus
• Understanding of US GAAP, IFRS and tax, a plus.
• Experience managing and developing teams.
• Experience working with diverse cultures in a global business environment with sound understanding of global process and transactional flows.
• Critical thinking with the ability to scrutinize, challenge, and offer both practical and risk weighted solutions.
• Demonstrated experience in managing cross functional global projects with focus on process improvements and leveraging technology.
• Results orientated and ability to work under pressure to strict deadlines in a matrix organization.
• Excellent communication - proven ability to develop strong professional relationships across functions.
• Independent and self-driven with the ability to adapt and get things done in a fast-moving, global, matrix organization.
• Demonstrated experience of bank related documentations, cash pooling schemes, payment processing (Fed. Wires, ACH, & check), monthly cash-flow projections, cross-border cash movement and risk mitigation.
• Sound understanding of intercompany and inventory movements and Net Working Capital calculations.