The FX Sr Manager will be part of the centralized Treasury team located in Trevose, PA. The Treasury
team is responsible for global Treasury, with a focus on Liquidity, Treasury Operations, and FX Risk
Management.
The FX Sr Manager will lead the management of FX exposures and subsidiary financing needs and
reports to the VP Treasury. The FX Sr Manager will work in close cooperation with other Treasury team
members (including the COE Team located in India), as well as Finance, Accounting, Tax and legal teams
globally.
Additionally, the FX Sr Manager will assist the Treasury team with bank account administration,
intercompany loans and Treasury payments, as well as with various global projects, as required.
Key Characteristics Expert in Foreign Exchange Risk Management
- Capable, comfortable, and willing to work with a high degree of independence
- Global mindset and capabilities to collaborate with colleagues around the world
- Quick thinking and be able to prioritize – identify and act upon improvement opportunities
Duties & Responsibilities
- Identify, analyse and manage foreign currency exposures by hedging exposures. Perform hedge accounting where applicable. Guide the accuracy of associated payments and receipts for all global entities
- Focus on subsidiary level Balance Sheet exposure hedging, Dividends, local currency needs and related exposure hedging. Work in close cooperation with local CFOs and Finance leads to advise on and hedge Projects related exposures. Lead Bid to Award analysis and recommendations for potential Projects
- Preparation and presentation of monthly FX exposures analysis with WaterTech upper Management (CFO) and Veolia HQ
- Assist with Commodity Risk Management
- Receive and analyze weekly and monthly IC payment file and identify and manage FX exposures
- Identify and manage FX exposures for long term projects
- Buy/Sell spot/forward currencies from Paris HQ dealing room and associated tasks
- Main contact and expert for all FX related inquiries from all Water Tech entities globally
- Close cooperation with Veolia Trading desk in Paris
- Assist with Treasury related activities as part of the month-end close.
- Support the execution and review of payments, as required
- Implement process improvements to optimize treasury activities, automate functions and increase internal controls.
- Ensure compliance with internal Treasury and Accounting policies
- Assist the Treasury department as needed with new projects or activities
Hard Skills
- Comfortable working in a cross functional and international environment
- Strong qualitative and analytical skills
- Self starter, committed to provide practical solutions to complex situations
- Efficient communicator
Soft Skills
- Inclusive: Passionate about working with colleagues from different cultures and environments, with a collaborative approach, in a diverse organization.
- Team Player: Ability to work with others toward a shared goal, participating actively, accountable and committed to the entire team respecting peers, leadership, stakeholders, and clients.
- Inspirational: Excellent oral and written communication skills: Communicate clearly and professionally with Finance and non-Finance professionals within the organization being able to inspire others.
- Decision Maker: Challenge the status quo and make decisions based on your role to be an effective problem solver and use critical thinking skills to find new ideas and connect them to provide the best practices and tools to our stakeholders and clients.
- Flexibility: Adapt and respond to the changing environment and to constructively create opportunities for change through active participation.