Finance Director, Cash Management

Tenneco - Northville, MI

Full-time - Senior

Northville, MI

10,001+ employees

Transportation Equipment Manufacturing

About the position

The Finance Director, Cash Management at Tenneco is responsible for overseeing the treasury operations, including cash management, hedging, and factoring. This role is crucial for ensuring optimal financial decision-making and contributing to the company's financial health and growth. The position requires strong leadership and analytical skills to manage daily operations and collaborate with various departments to support finance initiatives.

Responsibilities

• Oversee daily operations, including inventory reporting, AP, AR, cash flow forecasting, and liquidity management.
• Review and define hedging & risk strategy.
• Manage balance sheet forecasting by working with regions and plants.
• Act as the business unit lead for all cash initiatives and M&A activities.
• Ensure compliance with internal controls, policies, and procedures in cash management activities.
• Lead, mentor, and develop the business unit and finance team, fostering a culture of high performance and continuous improvement.
• Drive the development and optimization of systems and tools for finance management and balance sheet forecasting.
• Analyze financial market trends to identify risks and opportunities related to foreign exchange, interest rates, and commodities.
• Prepare and present treasury reports to senior management and the board of directors.
• Collaborate with other departments to support company-wide finance initiatives and projects.
• Play a key role in strategic planning and financial analysis.

Requirements

• Bachelor's degree in Finance, Accounting, Economics or related field; MBA or professional certification (e.g., CTP, CFA) preferred.
• Proven experience in a leadership role, preferably within a similar industry.
• 10+ years of experience in manufacturing finance operations.
• Exposure to various working capital management tools & instruments like letters of credit, short-term financing, factoring, etc.
• Strong understanding of financial instruments, banking regulations, and complex financial management.
• Demonstrated success in developing and implementing treasury operations strategies.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical skills and attention to detail.
• Experience with consolidation software.

Nice-to-haves

• Experience in international treasury operations and currency risk management.
• Proficiency in finance management systems and advanced Excel skills.
• Ability to work in a fast-paced environment and manage multiple projects.
• Strategic thinker with strong problem-solving capabilities.

Benefits

• Equal Opportunity Employer policies promoting diversity and inclusion.