Manager, Treasury – j3n6816dtt-5085

This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12209121 The Company

Heico has a history of success. Since its founding over 40 years ago,
The Heico Companies has grown from a single business to over 80 separate
companies through a strategic acquisition policy and by reinvesting its
earnings into internal growth and new prospects. Historically talented
at restoring distressed companies, Heico now strategically targets
acquisitions that will complement its ever-growing portfolio of
companies in manufacturing, construction, and industrial services.

These four core operations are organized into groups: Metal Processing
Group, Construction Solutions Group, Applied Solutions Group, and
Industrial Technologies Group. Once acquired, new Heico companies are
assigned to a group and run on a stand-alone basis, allowing for great
independence as well as the opportunity to share knowledge about
markets, production processes, and management practices across other
Heico groups and companies. Each Group has its own corporate team.

Heico continues to seek out new opportunities and maintain its standard
of success. The Heico Companies has remained a privately held company
since its creation and maintains a majority ownership in its operations,
generating more than $3 billion in revenues. Many of our businesses are
certified Woman-owned Business Enterprises (WBE).

More information about the holding company and overall organization can
be found at

www.heicocompanies.com

.

The Position

This position will play a key role within the Heico Corporate Treasury
organization by leading, identifying and creating opportunities and
efficiencies that support financial stability and liquidity. Reporting
to the Treasurer, the person will lead a robust FX risk analysis/hedging
function, domestic and international cash management operations,
evaluate best practices for various foreign cash pooling structures,
assist in management of bank relationships, lead debt management
programs including intercompany loans, managing the unclaimed property
compliance efforts, and overseeing corporate card programs. The role
requires strong financial acumen, communication skills and cross
functional interaction abilities to perform risk insurance
analysis/allocations, data analytics, and drive regular and ad hoc
reporting. The role will be responsible for managing a team of two
direct reports, continuing their existing development and mentoring the
analyst positions.

Job Description

Primary Responsibilities

Capital Structure – Debt & Investments

– Be a critical resource for Treasurer and VP Finance related to debt
capital structure decisions
– Assist Treasurer in managing banking, risk and credit relationships
throughout Heico
– Develop strategies for deploying equipment financing and real estate
mortgages
– Assist in analysis of potential acquisitions as well as
banking/insurance integration of acquisitions
– Oversee payment and analysis of private placement note principal and
interest
– Oversee and direct intercompany loans and recommend repatriation
strategies
– Direct Letter of Credit/Bank Guarantee function
– Oversee investment activity

Working Capital Management and Strategies

– Develop strategies and enhance the virtual card programs throughout
Heico
– Oversee travel and procurement card program relationships
– Support Security Administration function amongst all online banking
platforms
– Ownership of the unclaimed property compliance including reporting
on progress to sr. management

Risk Management – FX

– Maintain exposure data for both FX and Commodities and recommend
strategies to mitigate exposures
– Direct team to develop analytics/metrics for FX Hedging Program/FX
exposures, utilize w rkstation and other tools to provide updated
exposure and hedging data

Risk Management – Insurance

– Prepare exposure data for risk management related to all insurance
program renewals
– Become leader in insurance program working with broker on annual
renewals
– Assist in working with Captive Insurance managers related to captive
insurance program
– Manage insurance allocation process for insurance premiums to
Heicos various business units

Liquidity, Cash Management and Reporting

– Direct liquidity management for international treasury locations
– Lead the international treasury function from a liquidity and
structure perspective
– Develop and organize framework for the reporting treasury data in
PowerBI

Financial Analysis Oversight

– Review bank fee, bank account database analysis and recommend
improvements/cost savings
– Assist in preparation of daily and monthly treasury reports

Job Requirements

Education

– Bachelors degree in Finance or Accounting

Skills & Relevant Work Experience

5-10 years experience in Treasury as a Treasury Manager or Finance
Manager

Some financial analysis background preferred

Dem