Cash Management Specialist

2 weeks ago


Wilmington, Delaware, United States Delrin Full time
Position Overview:

Delrin stands at the forefront of the premium polymer industry, renowned for its commitment to innovation and excellence. With a legacy of quality and dependable supply, Delrin has established itself as a pioneer in the High-End Engineering Polymer Market.

The Delrin brand, combined with proprietary technologies and extensive application knowledge, positions us as a leader in providing engineering plastics that replace traditional metals with more efficient and durable alternatives.

Our dedication to safety and sustainability is evident as we produce a significant portion of our offerings from 100% bio-based feedstocks. As an independent entity, Delrin is poised for remarkable growth across various sectors, including mobility, material handling, healthcare, and consumer products.

We foster an entrepreneurial environment where the development of our brand is paramount, offering a unique opportunity for driven individuals to influence the future of our organization while advancing their careers.


Role Responsibilities:

This role encompasses global liquidity oversight and cash forecasting, including the management of daily cash positions and reconciliations. You will engage with banking partners and insurance providers to ensure seamless treasury operations.

  • Conduct thorough analyses and lead weekly discussions with key stakeholders to guarantee adequate liquidity across legal entities.
  • Perform daily cash assessments, reconciliations, and forecasting, while proactively enhancing cash forecasting processes through collaboration with internal teams to ascertain short-term funding needs.
  • Facilitate cash transfers for all legal entities to satisfy immediate cash requirements, ensuring effective communication regarding fund availability.
  • Oversee the Intercompany (ICO) Loan portfolio, including interest calculations, accounting, and settlement, while preparing ICO payment proposals.
  • Collaborate closely with Accounts Payable and Accounts Receivable teams to streamline operations.
  • Act as the primary liaison for banking partners, managing all banking documentation, accounts, and online banking system maintenance, as well as maintaining the letter of credit portfolio.
  • Administer the insurance portfolio through interactions with insurance providers.
  • Lead or assist in special projects as necessary, such as the implementation of ERP/Treasury Management Systems.

Qualifications:
  • A minimum of 5 years of experience in Finance, with at least 2 years in a treasury-related role.
  • Comprehensive understanding of cash management principles, including cash flow forecasting and liquidity management.
  • Exceptional analytical, interpersonal, and communication skills.
  • Proficient in Excel, treasury management systems, and SAP financial modules.
  • Demonstrated initiative and proactivity, with strong problem-solving abilities and meticulous attention to detail.
  • Able to adapt quickly, demonstrating flexibility and the capacity to perform under pressure.


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