Global Treasury Manager

Position Summary

Perform, supervise, coordinate, and manage certain aspects of Treasury Services with a global focus on risk monitoring and evaluation, especially on capital allocation, liquidity, cash management, foreign currency, processes & procedures, and Treasury reporting & compliance.

• Liquidity & Cash Management including:
  • Review of regional cash flow projections to ensure sufficient liquidity and maximum use of cash for corporate purposes, including acquisitions
  • Supporting Treasury's global cash and liquidity management with cash visibility
  • Oversight of US Commercial Paper Program
  • Oversight of US cash concentrations and bank account administration
  • Evaluate, develop, implement, and provide ongoing oversight of short-term liquidity alternatives, including but not limited to European Commercial Paper Program
  • Evaluate and select short-term and other investment alternatives to maximize returns for excess cash across the major jurisdictions Parker operates in, oversee ongoing investments with local country finance leadership
  • Evaluate and recommend appropriate working capital monetization solutions to CFO and other Finance leaders
• Foreign Currency including:
  • Collaborating with Assistant Treasurer and Regional Treasury Leaders on design and implementation of FX Hedging programs
  • Administering / Facilitating spot trades and other actions associated with liquidity and cash management
• Treasury Technology Solutions including:
  • Developing and maintaining current global Treasury software (FIS Avant Gard Integrity), including interaction with system vendor and internal IT
  • Evaluating alternative global Treasury software associated with ERP transition to SAP S/4
    
    HANA
  • Expanding automation of worldwide data flows between and among global banking partner systems, treasury management software, and Parker ERP systems
  • Developing use of Artificial Intelligence and other similar technologies for cash flow forecasting, liquidity needs, et al.
  • Establishing use of Robotic Process Automation for standard work processes across Treasury function
  • SWIFT
• Participation in relationship management with Banking Partners, especially those included in Revolving Credit Facility, especially those necessary to carryout role responsibilities as it relates to liquidity & cash management, as well as treasury technology solutions
• Identification and Tracking of Key Performance Indicators across Global Treasury Function including:
  • Monthly reporting to CFO and Treasury Team
  • Quarterly reporting to CFO & Senior Executive Leadership Team, Treasury Team, and other Finance Function stakeholders
• Financial Reporting and internal controls associated with global treasury activities including:
  • Monthly reporting in regard to cash, FX exposure, loans, investments, and key performance indicators
  • Debt Covenants - calculations and compliance
  • Supporting Corporate Accounting with external reporting requirements including SEC filing
  • Maintaining Sarbanes Oxley compliant control environment
  • Coordinating with Shared Services in order to improve standard processes and straight-through processing of payments, receipts, and e-banking administration
  • Reviewing and maintaining global treasury policies
  • Maintaining Treasury manual and procedures
• Identification and Sharing of Best Practices across regions in order to achieve state-of-the-art global treasury activities consistent with Win Strategy 3.0 and Lean principles
• Integration of treasury operations of acquired companies including:
  • Oversight of global integration across regions
  • Development and implementation of US integration plan
• Manage, supervise, and coach other Treasury team members involved in carrying out activities related to the responsibilities of this role (i.e., cash management activities, assisting with liquidity forecasting, maintaining treasury technology solutions, and/or providing information necessary to determine proper financial reporting of Treasury activities).

• University Degree, preferably in Finance or Accounting
• Corporate Treasury Certification (e.g. AFP, ACT, etc.) preferred
• Demonstrated treasury experience (4+ years) and success within a multinational corporate environment
• Alternatively, broad-based and in-depth experience (6+ years) within finance or accounting
• Professionalism, independence, confidentiality, and integrity
• Strong interpersonal, supervisory and relationship building skills
• Strong team orientation and a demonstrated ability to set and achieve goals
• Ability to coordinate, multi-task and adhere to strict timelines
• International travel required

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we ve enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial…