Senior Treasury Manager

A Day in Your Life at MKS:

We are seeking a highly skilled and detail-oriented Senior Treasury Manager to join our Corporate Finance team. In this critical role, you will lead the company's treasury operations, drive cash management strategy, oversee risk management programs, and execute complex treasury projects from inception to completion.

The ideal candidate combines deep technical treasury expertise with rigorous attention to detail and proven program management capabilities to deliver results in a fast-paced, dynamic environment.

You Will Make an Impact By:

Treasury Operations & Cash Management

* Manage daily cash positioning, liquidity forecasting, and short-term investment strategies to optimize working capital.

* Oversee bank account structures, intercompany cash pooling, and netting arrangements across all legal entities.

* Monitor and execute wire transfers, ACH payments, and FX hedging transactions with accuracy and timeliness.

* Maintain relationships with banking partners and negotiate credit facilities, fee structures, and service agreements.

* Prepare and present daily, weekly, and monthly cash flow reports to senior leadership.

Controls, Compliance & Attention to Detail

* Ensure all treasury transactions are accurately recorded, reconciled, and documented in compliance with ASC 815 and ASC 820.

* Perform rigorous variance analysis on cash forecasts versus actuals, identifying root causes and implementing corrective measures.

* Review and validate treasury reports, bank reconciliations, and hedge accounting documentation for accuracy and completeness.

* Maintain meticulous documentation of policies, procedures, and process flows related to treasury operations.

* Support internal and external audits by preparing precise work papers, schedules, and supporting documentation.

Program & Project Management

* Lead end-to-end treasury transformation programs including TMS implementations, ERP integrations, and banking connectivity upgrades.

* Define project scope, milestones, resource plans, risk registers, and KPIs for all treasury initiatives.

* Coordinate cross-functional work streams with IT, Accounting, Tax, Legal, and external vendors to ensure on-time, on-budget delivery.

* Drive continuous improvement initiatives to streamline treasury processes, reduce manual touchpoints, and enhance automation.

* Develop and maintain comprehensive project documentation including charters, status reports, and post-implementation reviews.

Risk Management & Financial Instruments

* Identify, quantify, and mitigate interest rate, FX, and counter party risks aligned with the company's risk management framework.

* Execute and monitor FX forward contracts, interest rate swaps, and other derivative instruments; maintain hedge designations under ASC 815.

* Evaluate counter party credit risk and manage exposure limits across banking relationships and investment portfolios.

* Prepare and present treasury risk reports and scenario analyses to the CFO and Audit Committee.

Skills You Bring:

Education & Credentials

* Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA preferred.

* Certified Treasury Professional (CTP) designation required; CFA or CPA is a strong asset.

* 8+ years of progressive treasury experience, with at least 3 years in a senior or lead role.

Technical Skills

* Expert knowledge of treasury management systems (Kyriba, FIS Quantum, SAP TRM, or equivalent).

* Proficiency in Bloomberg Terminal for FX rates, market data, and investment analysis.

* Advanced Excel skills (complex models, macros, Power Query); experience with Power BI or Tableau preferred.

* Deep understanding of financial instruments: derivatives, money market instruments, revolving credit facilities, and commercial paper.

* Strong grasp of SWIFT messaging standards and electronic bank connectivity (H2H, SFTP, APIs).

* Experience with ERP systems (SAP, Oracle) and treasury module configuration.

Program Management Skills

* Demonstrated track record of leading complex, multi-stakeholder treasury or finance transformation projects.

* Ability to build detailed project plans, track deliverables, and proactively manage risks and issues.

* Strong communication skills with proven ability to present to various stakeholders in the broader organization.

Physical Demands and

Working Conditions:

* Perform activities such as sitting, standing, or typing for extended periods of time

* Regularly requires good manual dexterity and coordination

* Must be able to communicate information and ideas so others will understand

* Must be able to exchange accurate information

* The ability to observe documents and details at close range (within a few feet of the observer)

* Operates in a professional office environment

* Constantly operates a computer and other office productivity machinery

* Noise level in the work environment is usually average

This position is HYBRID and within commutable distance to our location in Andover, MA. Relocation benefits are not available for this position.

We are…