Treasury Manager, Cash Management

Johnson & Johnson•New Brunswick, NJ

About The Position

DePuy Synthes is seeking a Treasury Manager, Banking, Payments & Cash Management to help build and operate the cash and banking infrastructure of a global, standalone orthopedics company. Reporting to the Assistant Treasurer, the role leads cash operations, payments, short-term liquidity forecasting, bank-account governance, Kyriba optimization, controls, and regional bank relationships. It combines hands-on ownership, transformation leadership, and development of a small team. The position owns daily cash positioning and short-term liquidity management, leads regional cash forecasting, optimizes cash concentration and funding structures, and oversees treasury payments and banking operations. It is the business owner for Kyriba cash, banking, payments, connectivity, forecasting, and reporting, and partners across finance and corporate functions to strengthen processes and service continuity. The role ensures compliance with company policies, SOX controls, banking requirements, and applicable payment and regulatory obligations. It leads reviews of bank accounts, signers, users, payment templates, and controls, and manages banking migrations and other transformation work needed for separation readiness. The manager leads and develops 1–2 Treasury Analysts and provides decision-oriented updates to senior finance leadership. Johnson & Johnson has announced plans to separate its Orthopedics business into a standalone company operating as DePuy Synthes. Completion is anticipated within 12 to 18 months, subject to applicable requirements and approvals. Following completion, the successful candidate is anticipated to become a DePuy Synthes employee under its employment processes, programs, policies, and benefit plans. The work arrangement may be Raynham, Massachusetts, or another U.S. Orthopaedics location: New Brunswick or Raritan, New Jersey; West Chester, Pennsylvania; Warsaw, Indiana; or Palm Beach Gardens, Florida. Travel is up to approximately 5–10%. Fluency in English is required; additional languages are an advantage.

Requirements

Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
At least 5 years of progressive experience in corporate treasury, cash management, banking operations, payments, treasury technology, or a related field; multinational-environment experience is preferred.
Hands-on experience with cash positioning, liquidity forecasting, bank-account administration, payments, banking relationships, reconciliations, and treasury controls.
Deep working knowledge of Kyriba, including cash management, bank connectivity, payment workflows, forecasting, reporting, and system enhancements.
Understanding of payment rails, electronic banking security, fraud prevention, SOX controls, segregation of duties, and operational-risk management.
Strong analytical, communication, project-leadership, and stakeholder-management skills.
Proficiency in Excel and PowerPoint.
People leadership or meaningful experience coaching junior professionals.
Sound judgement, integrity, attention to detail, and an ownership mindset.
Fluency in English.
Ability to travel up to approximately 5–10%.

Nice To Haves

Master's degree, MBA, CTP, CMA, ACT qualification, or another relevant credential.
Experience with Kyriba implementation, SWIFT or host-to-host connectivity, ERP integration, or treasury transformation.
Experience in medical devices, healthcare, manufacturing, or another global, regulated industry.
Additional language proficiency.

Responsibilities

Own daily cash positioning and short-term liquidity management, ensuring sufficient funds for operational, tax, payroll, and debt-service requirements.
Lead regional cash forecasting, variance analysis, and forecast governance, partnering with relevant finance and business teams to improve accuracy and visibility.
Optimize cash concentration, pooling, sweeping, and intercompany funding structures; identify trapped or idle cash and coordinate funding requirements with Corporate Finance.
Develop liquidity dashboards, scenarios, and early-warning indicators to support management decisions and business continuity.
Oversee high-value and time-critical treasury payments, including wires, ACH, and cross-border transfers, with appropriate approvals, segregation of duties, cut-off management, and evidence retention.
Manage payment exceptions, rejected transactions, bank-file failures, bank reconciliations, and aged cash-account items; drive timely root-cause remediation.
Own bank-account governance and maintain a complete account inventory.
Manage relationship banks and cash-management providers, including service performance, pricing, issue escalation, account structures, bank fees, and business reviews.
Act as business owner for Kyriba cash, banking, payments, connectivity, forecasting, and reporting; drive integration, data-quality, workflow, testing, and automation improvements.
Partner with Accounts Payable, Payroll, Tax, Accounting, Legal, Cybersecurity, Shared Services, and regional Finance to strengthen end-to-end processes and service continuity.
Ensure compliance with company policies, SOX controls, banking requirements, and applicable payment and regulatory obligations.
Lead periodic reviews of bank accounts, signers, users, payment templates, and controls; coordinate remediation with Compliance, Technology, Internal Audit, external auditors, and process owners.
Define and monitor KPIs covering forecast accuracy, visible cash, payment exceptions, bank fees, connectivity, reconciliation aging, and control performance.
Lead, coach, and develop 1–2 Treasury Analysts; set priorities, review work product, and build a culture of ownership, service, and continuous improvement.
Lead banking migrations, account transitions, connectivity changes, testing, cutover, and stabilization required for separation readiness and other transformations.
Prepare concise, decision-oriented updates for the Assistant Treasurer, Treasurer, senior Finance leadership, and governance forums.

Benefits

Participation in the Company's consolidated retirement plan (pension), subject to plan terms.
Participation in the Company's savings plan (401(k)), subject to plan terms.
Vacation: 120 hours per calendar year.
Sick time: 40 hours per calendar year, with specified higher amounts for employees residing in Colorado or Washington.
Holiday pay, including Floating Holidays: 13 days per calendar year.
Work, Personal and Family Time: up to 40 hours per calendar year.
Parental Leave: 480 hours within one year of the birth, adoption, or foster care of a child.
Bereavement Leave: up to 240 hours for an immediate family member and 40 hours for an extended family member per calendar year.
Caregiver Leave: 80 hours in a 52-week rolling period.
Volunteer Leave: 32 hours per calendar year.
Military Spouse Time-Off: 80 hours per calendar year.