Manager, Treasury and Accounting

POSITION OVERVIEW
The Bertelsmann Inc. (BINC) Treasury and Finance departments support BINC subsidiaries in the United States as it relates to cash and liquidity management and provide other finance and accounting support services. The Manager Treasury and Finance supports daily treasury operations liquidity management and banking administrations activities for the organization. This role oversees the execution of core cash management activities primarily performed by an offshore treasury support team and ensures accuracy timeliness and adherence to internal controls and processes. The Manager also is responsible for treasury administration activities including bank account management banking relationships intercompany loan coordination and letters of addition the role partners with Finance colleagues to support planning forecasting reporting and other finance and accounting activities related to BINC. This role reports to the Vice President of Finance.

PRINCIPAL DUTIES AND RESPONSIBILITIES

Treasury Operations & Cash Management:
Oversee and review daily cash management activities performed by the offshore treasury support team including cash activity tracking cash positioning reconciliations and payment processing
Serve as backup support for offshore treasury operations when needed
Create and review wire transfers and ACH payments
Manage daily cash balances and support overnight investment activities
Maintain ongoing cash forecasts for the U.S. cash pool

Treasury Administration & Banking:
Maintain treasury-related documentation including bank account records and authorized signatories
Manage bank account administration including account openings closures updates and system access management
Maintain relationships with preferred banks and participate in bank meetings and conference calls with banking partners and the parent company treasury team
Monitor and analyze bank fees and identify opportunities for optimization
Track and coordinate renewal of letters of credit for U.S. subsidiaries
Support administration and coordination of intercompany loan and intercompany funding activities

Finance & Accounting Support:
Partner with Finance colleagues to support planning forecasting and reporting activities
Assist in the preparation of annual controls and compliance assessments and analyses
Provide support for treasury and accounting activities related to financial closing processes and other finance initiatives
Assist with ad-hoc treasury finance and accounting assignments as needed

Process Improvement Systems & Compliance:
Identify opportunities to improve treasury processes controls and documentation to enhance operational efficiency and reduce operational risk
Ensure treasury activities are executed in accordance with internal controls company policies and applicable regulatory requirements

QUALIFICATIONS AND EDUCATION REQUIREMENTS
Bachelors degree in Finance Accounting or a related field
4-7 years of related work experience in treasury accounting or finance
Experience working with cash management and banking operations preferred
Strong analytical skills with the ability to evaluate financial data and support complex problem solving
Advanced interpersonal skills and client service orientation with a focus on high quality service to internal and external stakeholders
Strong organizational skills and proven ability to manage multiple projects
Expert knowledge of Microsoft Excel
Demonstrated accountability and ownership of work
Self-motivated with a commitment to quality and continuous improvement

Bertelsmann Inc. is proud to be an equal opportunity employer who values a diverse and inclusive workforce. All qualified applicants will receive consideration for employment without regard to race color religion sex national origin protected veteran status disability status age sexual orientation gender identity and expression marital status citizenship HIV/AIDS status or any other legally protected factor.

Bertelsmann is a media services and education company that operates in about 50 countries around the world. Its key geographical markets are Western Europe - especially Germany France Britain and Spain - as well as the United States. Bertelsmanns corporate divisions include RTL Group (television) Penguin Random House (books) Arvato (services) Bertelsmann Printing Group (print) Bertelsmann Education Group and Bertelsmann Investments.

Company:Bertelsmann Inc.

Country:United States of America

State/Region:New York

City: New York

Postal Code:10019

Job ID:287765

Base Salary range: $115000.00-$120000.00