Cash Management Director jobs in Tennessee

Company Overview

Wherever you work and whatever role you fill, when you represent the Bridgestone name you know that you are a valued teammate who is part of our larger mission to Serve Society with Superior Quality. We start by offering each teammate more than just a salary. We provide formal training, competitive performance incentives, paid vacation and holidays, healthcare packages for full-time and part-time employees, and a 401k plan to help build your future. We believe people can only provide superior service and quality to others when they are allowed to bring their whole selves to work and know they are supported. We believe in championing all perspectives, individuals and teams because we understand the importance of seeing the world and our business through many different lenses. We are building a team as diverse as the world we serve. So, show us what you are made of. Show us the smart stuff, the tough stuff, the bold, beautiful and brave stuff. Because who you are is what we need. Bridgestone Americas, Inc. is headquartered in Nashville, Tennessee and is the U.S. subsidiary of Bridgestone Corporation headquartered in Japan. Bridgestone Americas and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products to address the needs of a broad range of customers and industries.

Position Summary

The Assistant Treasurer, Cash Management will provide leadership to the Senior Vice President, Corporate Treasurer in defining and executing the strategic objectives for Bridgestone America’s (BSAM) global cash management and treasury middle and back office. Key focus areas include managing daily cash, short-term cash forecasting, short-term investing, customer financing programs, cash management bank relationship management, treasury consulting, and technology. Provide governance of cash management policies and processes necessary to perform quality and efficient cash management and treasury operations for global organization. Manage a team across NA and LA with strategic focus on standardization and integration of cash management and treasury operations for Bridgestone America Inc. and subsidiaries.

Responsibilities

Global Cash Management and Treasury Operations responsibilities:

• Global oversight and control of Bridgestone America’s global cash in North America (NA), Latin America (LA), Europe and Asia, ensuring adequate liquidity to support global business

• Provide leadership and oversight to ensure designated cash positioning, processing, forecasting and reconciliations are optimal and completed in a timely manner and in compliance with policy

• Conduct strategic business treasury reviews, develop cash management strategy, and technology and digitization roadmap.

• Direct oversight and ownership of global Treasury Management System strategy and administration for Bridgestone Group

• Develop global centralized and standardized bank account administration and documentation process across NA, LA and remote businesses in Europe and Asia

• Develop strategy and establish counterparties for global short-term investments in line with BSAM’s financial institution counterpart policy and establish governance framework

• Lead treasury middle office strategy and settlement of all global FX and commodity hedge trades and spot FX

• Develop, measure and monitor standardized treasury operational metrics globally

• Ensuring compliance with treasury policies and continually enhancing strong process and controls

Global Bank Relationship Management responsibilities:

• Develop and execute integrated bank relationship strategies that are in alignment with BSAM Corporate Treasury’s business plan and business needs

• Partner with banks to develop innovative banking solutions, utilizing state-of -the-art products and services

• Develop centralized global cash management banking structure that allows for effective cash pooling

Global Business Partnership:

• Partner with Businesses globally to ensure business needs are known and represented in design of treasury solutions

• Provide treasury advisory services through proactive treasury reviews to identify innovative and value- added solutions

• Lead strategic initiatives for cash management, treasury consulting, and technology, including RFPs, implementations and integrations

• Provide thought leadership on global cash management infrastructure (processes, products, systems and policies). Ensure best-in-class cash management, processes and structures

• Lead the treasury focused interactions with country central banks, regulators, external and internal auditors, SOX team, and other functions

• This role will lead the development of holistic cash management strategy, focused on harmonizing and integration with the BSAM agenda and processes across all countries

• Bachelor’s degree in business administration, finance, accounting, or economics

• MBA and/or Certified Treasury Professional (CTP) is preferred

• 10 years in Cash Management / Treasury Operations with developing leadership positions

• Knowledge of banking and treasury principles and practices

• Familiarity with electronic payment methods and various alternatives for collecting and disbursing cash