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Siemens Treasury Professional in Norwood, Ohio

Job Family: Finance

Req ID: 413942

We are looking for a Treasury Professional to join our team at Innomotics – A Siemens Business.

Your change engine.

Motors and drives are our business, redefining reliable motion from check-time per day to uptime per lifecycle, from simply on/off to everything smart in between. Our most powerful engine: more than 15,000 dedicated experts, doers, colleagues. For them, engineering the future means keeping businesses in motion – in e-motion. We are the “we” in power – and we can empower you.

15,000 and counting.

Are you looking for the stability of an established global player with the lean, innovative spirit of a mid-size hidden champion? That’s us! Are you looking to shape entire industries with a future-proof portfolio of more sustainable, energy efficient solutions? Deal, let’s go!

The role.

The Treasury Professional is responsible for the operational activities for the North America countries.

This position reports to the Finance Country Controller, and can be in Alpharetta, GA, Cincinnati, OH or Pittsburgh, PA.

Organizational Development

  • Supporting Innomotics’ Corporate Finance & Treasury teams, locally and globally, regarding the implementation of a fit for purpose approach for the North America region in line with the global strategy for treasury, finance, insurances and benefits

  • Structuring and leading the processes and activities in accordance with the corporate guidelines and rules

Cash Management

  • Establishing the global cash management strategy adopted to the requirements, including rollout and monitoring of guidelines covering account administration, balance clearing, bank connectivity, allocation and recording of signatory rights, payment cycle (frequency and instruments)

  • Implementing of internal and external payments for the whole group for assigned region

  • Short-term liquidity forecasting and clearing of bank accounts within scope of responsibility

  • Handling bank relationships, bank accounts and bank fees for all banks in alignment with the Corporate Finance & Treasury Team

  • Observing regulatory and legal changes with respect to cash management

Corporate Finance

  • Facilitating and arranging local external financing and investing needs

  • Coordinating regional liquidity planning

  • Coordinating regional guarantee management

  • Coordinating shareholder controlling activities in alignment with the central team (e.g. dividend payments, capital increases)

Risk Management

  • Leading FX, interest rate and financial counterparty risks which include exposure determination, internal and external hedging, and limit monitoring

  • Using uniform basis for price calculations and budgeting

Pensions and Insurance

  • Performing actuary and insurance broker services in coordination with the global team

  • Identifying risk exposures which require insurance cover

  • Identifying de-risking opportunities regarding pensions / benefits

Your profile.

  • Bachelor’s degree required; MBA or advanced degree in Finance preferred

  • Working experience of Cash Management and Banking with at least 5 years' related Treasury experience

  • Practical experience in Treasury Operations especially Treasury Management Systems, its interphases as well as a deep knowledge of IT infrastructure / solutions in Finance and Treasury

  • Experienced in management and trading of hedging instruments in terms of foreign currency, interest rates and commodity risks including risk controlling

  • Experienced in digitalization and automatization of treasury, cash, and liquidity management –processes as well as risk management

  • Familiarity working with international teams and projects

The pay range for this position is $87,000 - $149,200. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location.

What we offer.

At Innomotics, we are committed to an ownership culture, in which every employee takes personal responsibility for our company’s success. We apply lean principles and seek to continually improve our processes and customers’ experience.

Why you’ll love working at #TeamInnomotics

  • Competitive compensation based on qualifications

  • Medical, dental, prescription and vision coverage, first day of employment

  • Matching 401(k) (immediate employer match)

  • Competitive paid time off plan, paid holidays, and floating holidays

  • Career development opportunities

  • Education and tuition reimbursement programs available

  • Flexibility to work remote a few days a week

  • Paid parental leave

Who designs your future? You do.

Make your mark in our exciting world. #JoinReliableMotion #TeamInnomotics

As an equal-opportunity employer we are happy to consider applications from individuals with disabilities.

Jobs at Innomotics (https://jobs.siemens.com/careers?query=Innomotics) - if you would like to find out more about jobs & careers at Innomotics.

#NewKenJobs

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

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