Vice President, Treasury
About the role
Reporting to the CFO, the VP of Treasury will lead and enhance all day-to-day treasury operations for the organization. Functions and responsibilities include liquidity management, banking relationships, interest rate management, capital deployment, debt covenant compliance, and implementation of new treasury policies.
Responsibilities
Develop, implement and communicate cash management policies and procedures.
Identify strategic needs based on a company-wide liquidity assessment.
Evaluate and pursue best practices for funding needs and capital management.
Lead corporate cash-flow analysis and forecasting in anticipation of the company’s daily cash needs and future flows to improve effectiveness of the funding process.
Execute the investment strategy consistent within the approved parameters and regulatory guidelines.
Provide guidance on acceptable investment instruments and financial institutions.
Enhance controls and efficiencies of treasury/cash management, and recommend new banking/cash management products.
Assist in the development of strategic plans and tactical objectives for all debt and derivative back office activities, including bank delegations, transaction confirmations, and transaction settlements, while maintaining appropriate segregation of duties and linkage to accounting function.
Evaluate treasury employees, structure, processes, etc. on an ongoing basis to ensure the efficient and effective key deliverables.
Take a lead role in researching and recommending efficiencies and continuous improvements within Treasury processes.
Manage hedging program for foreign exchange, commodities and interest rates.
Lead and inspire the Treasury team to optimal performance.
Qualifications
Bachelor’s Degree in Finance or Accounting.
MBA or CPA is a plus.
At least 10 years of experience in a financial management role, with a minimum of 5 years of experience leading a high-performing Treasury Management team; manufacturing industry experience is required.
Proficient with Microsoft office products, with expert capabilities in Excel and PowerPoint.
Excellent leadership, financial, and analytical skills required.
Ability to work cross functionally to drive business initiatives.
Ability to manage and develop key talent within the function.
Skills
Strong relationship builder with the ability to influence and partner across all functions and levels within and outside the organization on a global basis.
Executive presence, communication and relationship building skills necessary to address diverse audiences including Executive Management, Board Committees, Business Unit leadership teams, and Functional Lead Peers.
Effective communicator adept at translating and explaining technical treasury concepts to non-business personnel in non-technical terminology.
Driven self-starter with strong self-responsibility and ability to operate autonomously.
Creative and resourceful thinker with strong problem-solving abilities.
Possesses strong character and integrity, values respect, accountability and continuous improvement.
Has a mindset of continuous improvement and can embrace Regal 80/20 principles.
Benefits
Medical, Dental, Vision and Prescription Drug Coverage.
Spending accounts (HSA, Health Care FSA and Dependent Care FSA).
Paid Time Off and Holidays.
401k Retirement Plan with Matching Employer Contributions.
Life and Accidental Death & Dismemberment (AD&D) Insurance.
Paid Leaves.
Tuition Assistance.
About Regal Rexnord
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools. The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture. Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.