Director of Corporate Cash

Caterpillar Inc.•Irving, TX

1d•Onsite

About The Position

The Corporate Treasury team is looking for a talented and motivated Director of Corporate Cash. This role serves as the global process owner for Caterpillar's cash management functions, including strategy, operations, bank account management, cash forecasting, investments and liquidity positioning. The Director of Corporate Cash position is a unique opportunity to be an integral member of a global corporate finance organization, and a leader of a high performing, international team of finance professionals.

Requirements

Bachelor’s degree in finance, accounting, economics or business administration and significant progressively responsible finance-related experience
Expert level knowledge of planning techniques and ability to contribute to operational (short-term), tactical (1-2 years) and strategic (3-5 years) planning in support of the overall business plan
Extensive experience in techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that bring about resolutions
Expert ability to present and ensuring a clear understanding, the ability to use summarization and simplification techniques to explain complex technical concepts in a simple, clear language to the appropriate audience
Extensive experience in relationship management techniques; excellent interpersonal skills with the ability to establish and maintain a healthy working relationship with internal and external partners
Expert knowledge of effective team building techniques with strong leadership experience forming and managing effective teams
Expert knowledge in financial markets, specifically the knowledge of products, competitors, customer base, major issues and regulatory considerations as well as the ability to apply financial market knowledge to various business environments
Expert knowledge in cash management, bank account management, liquidity, and investments principles and methodologies. Ability to use tools, techniques and processes to administer and invest short-term financial inflows and outflows
Expert knowledge in the principles and methods of managing treasury, ability to utilize these tools and techniques to maximize the value of an organization’s financial assets and revenue while minimizing risk

Responsibilities

Provide leadership and vision to diverse and high performing corporate cash teams
Establish and maintain appropriate corporate cash policies
Lead strategy for cash operations and drive process optimization
Develop and deploy payment fraud training and fraud mitigation best practices
Provide guidance and input on monthly enterprise cash flow forecasts in partnership with the Planning and Reporting Team
Establish bank accounts and related services for the enterprise, aligned with meeting business needs and cash pooling strategies
Optimize corporate bank account structures worldwide
Lead global account security administration and is responsible for bank account signer changes and control reviews
Determine how new technology, systems, or processes can be applied to Caterpillar's global operations to achieve efficiency and better cash utilization
Oversee bank portal administration and consolidation
Develop and deploy bank fee analysis governance and procedures
Liaise with corporate tax and business units to ensure optimized legal entity funding structures
Lead the strategy and oversight of in-house bank, including loans, capital contributions, dividends, entity opening/closures, and acquisitions/divestitures.
Meet all cash investment objectives, including operating within all corporate guidelines, ensuring the safety and preservation of capital, maintain sufficient liquidity, and optimizing yield
Manage the Machinery, Power & Energy (MP&E) commercial paper program
Provide oversight of strategic investments in separately managed accounts
Manage bank counterparty exposure and allocation for derivatives and cash management, by region