Asst. Treasurer, Operations - Kohler Co.

20 Jul 2022 4:15 PM | Marcos Vega (Administrator)

Assistant Treasurer, Operations

Work Mode: Hybrid

Location:  Hybrid at Kohler, WI

Opportunity

Reporting to the Vice President and Treasurer, this position is responsible for care and custody of the Company’s cash and other financial assets, for banking operations, liquidity management, short-term cash flow forecasting.  Joint responsibilities include managing bank relationships, capital structure of subsidiaries, and due diligence and funding of acquisitions.  The scope of these responsibilities covers Kohler Co. and subsidiaries worldwide, including emerging markets such as Brazil, Russia, India, and China.

The Assistant Treasurer, Operations is responsible for providing value-added advisory and strategic Treasury services for all regions globally – AMER, EMEA and APAC.

Strategic responsibilities include decision making for operations and system automation and liquidity / cash management.

There is a significant focus on building strong business relationships at director and senior levels, driving excellent and high-class Customer Service and to continually deliver process improvement in the Treasury function,

The Director - Corporate Treasury manages a team of 17, based in AMER, EMEA and APAC.

SPECIFIC RESPONSIBILITIES

Cash Management Strategy: Direct cash management operations including daily cash administration and the management of all of Kohler’s bank accounts.Maintain effective communication with bankers and other financial resources as appropriate and recommend use of their services when required. Maintain effective relationships with banks to ensure the Company’s access to the best banking services at the lowest possible cost.

Short-term Cash Flow Forecasting:Work with the businesses and Corporate functions to build a short-term forecast of cash flows going out twelve to sixteen weeks.

Capital Structure and Corporate Financing Strategy: Work with Treasury Capital Markets to monitor capital structures of subsidiaries worldwide and propose recommendations to minimize interest cost and corporate income tax.

Manage Internal Funding:Structures, executes and maintains all internal funding and solutions in a manner that maximizes enterprise value within the appropriate controls and compliance environment.


Control and Compliance Strategy: Assure compliance with all corporate reporting requirements and other regulations as appropriate. Ensure mandates are held to Corporate Standards and that regulatory reporting is kept up to date in the three global regions.

Know Your Customer Requirements:Lead process to manage and respond to KYC requests from financial institutions an business partners.

Growth Strategy: Co-lead Treasury due diligence and funding for acquisitions worldwide.
Automation and Standardization Strategy: End-to-End Project management from building business cases to securing the investment, and project decision making and sign off, e.g., Treasury Management System (TMS) build and implementation, Robotics, and other Continuous Improvement initiatives such as netting. Determine the allocation of the level and timing of Treasury resources, depending on frequently conflicting priorities.

Centralized Treasury strategy: Market and advocate Corporate Treasury policy to business units. Ensure Kohler’s partner banks are promoted and adopted in the regions to ensure standardization and unified pricing for the company.

People & Development Strategy: Develop the current Treasury teams in AMER, EMEA and APAC through coaching and the fostering of talent, which Kohler’s businesses seek out to support their business ventures. Develop and foster team development and learning to help secure succession planning for the company.

Skills/Requirements

EDUCATION AND EXPERIENCE REQUIREMENTS
BA in either Accounting, Finance, or other internationally recognized Treasury qualification
10+ years in Treasury with 5+ years of Treasury Operations experience.
Experience of other areas of finance.
Technically minded with a strong understanding of economics, and banking.

Desirable but not mandatory:
MBA or CPA is a bonus.
Accounting qualifications and/or Accounting certificates.
Strong spreadsheet and presentation skills.
Experience of working in a global multinational manufacturing company.

To fully demonstrate our commitment to the health, safety, and wellbeing of our associates, we are requiring all U.S. based team members to be fully vaccinated against COVID-19 as a condition of employment.  We believe this path forward further strengthens our workforce and the future growth and resilience of our company and community.  Individuals with medical conditions or sincerely held religious beliefs that prevent them from getting the vaccine may request an exemption from the vaccine requirement.

Applicants must be authorized to work in the US without requiring sponsorship now or in the future.

Why Work at Kohler Co.?

Kohler Co.'s mission is to contribute to a higher level of gracious living for those who are touched by our products and services. We understand that it takes investment in our associates’ development to make that happen.  So, we offer ongoing investment in each individual’s personal development and the opportunity to collaborate with others across functions and roles at Kohler.  

In addition to the investment in your development, Kohler offers a benefits package including a competitive salary, health, vision, dental, 401(k) with company matching, and more!

About Us

Beyond the competitive benefits and compensation, Kohler proudly offers a rich history, steeped in creativity and a commitment to our associates and communities.  We invite you to learn more about our culture and company at www.kohlercompany.com.

It is Kohler’s policy to recruit, hire, and promote qualified personnel in all job classifications without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability or status as a protected veteran.  If, as an individual with a disability, you need reasonable accommodation during the recruitment process, please contact kohlerjobs@kohler.com.  Kohler Co. is an equal opportunity/affirmative action employer.  

We invite you to learn more about equal employment opportunity by reviewing the Federal EEO is the Law and the EEO is the Law Supplement 

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