• Manage daily cash flow and support payment obligations globally through execution, review and/or approval.
• Implement effective strategies to optimize treasury operations.
• Provide recommendations to optimize cash, debt and cost reductions.
• Collaborate with other departments on a regular basis.
• Lead initiatives to streamline manual processes & focus on expanding automation.
• Champion the implementation of new treasury management tools.
• Ensure processes and controls are being adhered to.
• Monitor multiple bank accounts for at least 15 entities.
Banking Relationship
• Serve as primary point of contact for the Mexico banking partners.
• Lead negotiations involving multimillions of dollars with banking partners regarding debt commitments and fees.
• Manage multimillion dollars debt with general banking partners.
• Develop and foster the company’s banking relationships and ensure compliance with banking regulations.
• Maintain bank account structures, signatories, and banking resolutions.
• Organize and facilitate documentation preparation between the Company and its banking partners.
Planning & Risk Management
• Identify, assess, and mitigate financial risks, including foreign exchange, interest rate, and credit risks
• Create strategies to simplify, reduce cost and risk to the company and their shareholders
• Continuously monitor foreign exchange markets (across at least 7 different currencies) and trends applicable to the global organization.
• Responsible for executing and strategizing foreign multimillion dollars currency trades and the administration of the company’s foreign exchange programs, including foreign currency hedges and spot trades.
• Responsible for collaborating with other departments to effectively update a detailed cash flow.
• Analyze key reports including cash and debt forecasts for each region.
• Ability to develop, implement and maintain complex models