Corporate Treasurer

4 weeks ago


Marlborough, Massachusetts, United States IPG Photonics Full time

Job Summary:

The Corporate Treasurer is a key member of IPG Photonics' global finance leadership team, reporting directly to the Chief Financial Officer. This role is responsible for developing and managing strategies, operations, and policies relating to the treasury function, including cash management, foreign exchange, borrowing, and payment processing.

Key Responsibilities:

  • Develop comprehensive treasury strategies and policies that align with the organization's financial objectives and risk tolerance.
  • Evaluate and recommend improvements to treasury processes and systems to enhance efficiency and control.
  • Manage treasury operations to ensure efficient cash management and adequate liquidity to meet day-to-day worldwide operational and strategic business needs.
  • Ensure risks to the business related to interest rates and foreign currency are measured and addressed appropriately.
  • Develop, recommend, and implement approved foreign exchange hedging strategies to mitigate currency impacts on cash flows/earnings.
  • Maintain an excellent relationship with the company's banking partners and credit rating agencies.
  • Arrange for equity and debt financing.
  • Formulate and implement investment policies, including the establishment of risk parameters and oversee investments and investment managers.
  • Monitor the activities of third parties managing outsourced treasury functions on behalf of the company.
  • Manage payment processing and fraud prevention functions, including oversight of international payments via treasury management software.
  • Advise management on the liquidity aspects of its short- and long-range planning.
  • Oversee the extension of credit to customers.
  • Ensure treasury activities are in compliance with treasury policies, accounting guidelines, governance policies, and internal controls.
  • Oversee the worldwide insurance strategy, including insurance programs for property, casualty, D&O, cyber, and general liability.

Requirements:

  • Strategic mindset with the ability to think analytically, problem solve, and provide actionable solutions to drive business performance.
  • Ability to work independently as well as collaboratively, effectively managing priorities while meeting tight deadlines.
  • Effective communication skills with the ability to convey complex information and key concepts adapted for internal and external audiences.
  • Strength in developing collaborative relationships across multiple stakeholders.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
  • Demonstrates an elevated level of personal and professional ethics, conduct, and integrity.
  • Possesses a strong work ethic with the ability to take initiative and contribute to a positive team environment.

Qualifications:

  • Bachelor's degree in finance or accounting - MBA a plus.
  • 10+ years of progressively responsible treasury experience for a major public company.
  • Should have a thorough understanding of derivatives, hedging, investments, bank account management, and international funds flows.
  • Knowledge of capital and currency markets, accounting, finance, and tax.
  • Experience with treasury-related software such as Kyriba or Clearwater.
  • Experience in SEC reporting & SOX compliance, as well as statutory and GAAP reporting.
  • CTP or CFA a plus.

  • Strategic Treasurer

    4 weeks ago


    Marlborough, Massachusetts, United States IPG Photonics Full time

    IPG Photonics is a global leader in fiber laser technology, driving precision, productivity, and flexibility in industrial applications and diverse end markets.Our people are our greatest asset, with a diverse, powerful, and innovative global workforce distributed across thirty locations in twenty-four countries.The Corporate Treasurer plays a critical role...