Senior Manager, Treasury Operations and Cash Management
5 days ago
Job Description
General Summary: Treasury is steward of financial and insurance risk management portfolio to support Vertex’s goal of serving patients around the world. Reporting to Director of Treasury operations and cash management, the candidate will be responsible for supporting day to day treasury and operations services to Vertex’s global footprint. Candidate will support implementation of scalable treasury infrastructure projects as necessary.
Key Duties And Responsibilities
Support operational banking services such as global bank account structure, portal administration, Know Your Customer, signatories, pooling, LCs products, bank fees, covenants, bank connectivity and services.
Provide visibility to cash balances across global bank accounts. Maintain strong working relationships with country controllers and bank relationship manager? to provide operating liquidity needs.
Support operations and settlement for treasury and insurance transactions.
Perform treasury operations within robust SOX and SOC1 controls for Treasury and Insurance.
Support legal entity operations such as intercompany loans/borrowing, dividend etc.
Re engineer the treasury operating processes for efficiency and resiliency
Define and implement treasury process best practices.
Actively participate in Treasury workstation implementation in activities.
Knowledge And Skills
Knowledge of financial products, markets, and banking industry
Hands-on experience in supporting treasury products and services such as FX trading, hedging, investments, trade settlement and payments.
Hands on experience in supporting global cash management needs such as cash pooling, zero balancing account structure, overdraft facilities, LC, guarantees etc.
Implementation/operation of Treasury workstations such as Kyriba, SunGuard, IT2, etc.
Implementation of process automation and best practices
Experience in supporting treasury/financing needs of global legal entity structure.
Experience in driving cross functional change management project
Experience in regulated (SOX) environment and relevant testing requirements.
Team player
Education And Experience
Bachelors’ qualification
Master’s qualification with CFA/CTP/CAIA preferred
6 to 8 years of relevant experience in corporate/banking/fund management industry
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com.
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