Manager of Treasury

Accuray•Madison, WI

About The Position

The Manager of Treasury serves as the company’s primary treasury subject matter expert, overseeing cash management and forecasting, intercompany settlements, foreign-exchange hedging, debt payments and covenants, and insurance administration. The role manages global cash movements and banking relationships, works with teams across the company to meet funding needs and improve working capital, and helps ensure treasury activities comply with regulatory requirements, U.S. GAAP, and SOX controls. It also manages insurance renewals and claims and may participate in debt restructuring.

Requirements

Bachelor’s degree or advanced degree in Accounting, Finance, or an equivalent field.
At least 7 years of treasury experience.
Strong U.S. GAAP experience and knowledge.
Significant experience applying treasury practices in industry.
Experience working with accounting and tax organizations in a fast-paced environment.
Understanding of SOX requirements in a public-company environment.
Ability to communicate effectively with peers and management, including at the executive level, particularly on complex banking negotiations and arrangements.
Ability to motivate, communicate, and drive continuous improvement, including outside the finance department.
Solid planning, leadership, and administration skills.
Strong written and verbal communication skills.
High energy, urgency, ability to work at a fast pace, and ability to multitask.
Must be authorized to work permanently in the country of application without sponsorship.

Nice To Haves

Working knowledge of banking structures and hedging programs.
Public accounting experience.
SAP experience.
CPA certification.

Responsibilities

Manage global cash movements and intercompany settlements to support efficient cash allocation.
Maintain and refine the cash forecasting process to identify trends.
Enhance the foreign-exchange hedging program, coordinating with third-party experts on balance-sheet and cash-flow hedges to reduce financial risk and FX fees.
Partner with global teams to meet funding needs.
Work with Sourcing, Operations, Accounts Payable, and Accounts Receivable to develop strategies that maximize working capital.
Coordinate with accounting, tax, and legal teams to optimize cash, maintain debt, and record hedging arrangements in accordance with regulatory requirements and U.S. GAAP.
Manage U.S. bank accounts and fees, and optimize global banking counterparties and cash movements.
Review high-value cash movements to reduce conversion fees.
Participate in debt restructuring when needed.
Manage insurance renewals with the company’s broker, including applications and supporting data; negotiate premiums and maintain policies.
Manage insurance claims and broker correspondence.
Ensure compliance with SOX controls and requirements.
Develop strong working relationships with bankers and insurance brokers.
Drive continuous improvement and communicate effectively across departments and with peers and executive-level management.