Treasury Manager

DAIKIN COMFORT TECHNOLOGIES MFG LP - Waller, TX

Full-time - Mid Level

Waller, TX

About the position

The Treasury Manager at Daikin Comfort Technologies is responsible for executing the strategic objectives of the Treasury department in Latin America. This role focuses on managing cash positions, cash forecasts, and banking relationships while overseeing the cash functions of the company. The Treasury Manager will also handle debt management, investments, and financial risk mitigation, ensuring compliance with internal controls and regulations.

Responsibilities

• Oversee daily management of cash and debt.
• Monitor and manage the company's daily cash position for short-term liquidity and funding needs.
• Manage and negotiate existing banking and investment relationships and develop new ones.
• Maintain debt schedules and ensure timely principal and interest payments.
• Calculate month-end cash accruals for the Accounting Department.
• Manage corporate letter of credit facility.
• Open and close bank accounts and maintain identity documentation on signers of corporate bank accounts.
• Implement cash management systems and train staff on those systems.
• Provide analysis and statistical support data for the corporate finance team.
• Assess foreign exchange risk and implement FX hedge programs.
• Oversee interest rate risk management and manage investment of excess cash.
• Develop policies, procedures, operational controls, and standards for the corporate Treasury Department.
• Serve as lead representative for Treasury with internal and external auditors.
• Ensure compliance with internal controls, policies, and procedures in cash management activities.
• Remain current on new banking regulations and treasury best practices.
• Lead cooperative efforts between Treasury and other departments for process improvements.
• Manage implementation of SunGard Integrity XE treasury management workstation.

Requirements

• Bachelor's degree in Accounting, Finance, or Business Administration.
• 5+ years of experience in Treasury Management.
• Strong attention to detail and good verbal and written communication skills in English and Spanish.
• Thorough knowledge of US financial institutions and Treasury Management essentials.
• Ability to manage multiple tasks and objectives simultaneously.
• Good interpersonal communication and negotiation skills.
• Familiarity with Accounting standards.

Nice-to-haves

• CTP credential (formerly known as CCM) desirable.
• Knowledge of Portuguese is a plus.