Senior Manager, Treasury

Location
Cambridge, MA
Posted
Oct 10, 2018
Ref
1386530
Hotbed
Genetown
Required Education
Bachelors Degree
Position Type
Full time
Join bluebird bio's enthusiastic and collaborative team by contributing to the overall success of our novel gene therapy approach. Based in Cambridge MA, this newly created, global position is designed for an experienced Treasury professional with a breadth of corporate treasury and risk management experience. This role will be key to leading and building bluebird's global Treasury function, providing extensive hands on experience with the opportunity for immediate impact. The Senior Treasury Manager is a key partner to internal functions and to external partners in banking and risk management.

This is an excellent opportunity for an enthusiastic, results-oriented individual who embraces the learning within the challenges and who will thrive in a fast-paced, dynamic environment. Come make your mark with us!

Responsibilities

Cash Management

  • Lead the global cash function including cash concentration, wires, account setup and funding
  • Ensure adequate liquidity to meet working capital needs and invest excess cash
  • Manage excess cash and maximize the return on investments in compliance with the Board approved investment policy, recommending changes in investments and policy to address changes in market conditions
  • Monitor and analyze cash positions to cover commitments
  • Develop and periodically update cash flow, interest income and expense forecasts
  • Identify and assist in implementing treasury best practices


Banking Relationships

  • Oversight of global banking relationships including bank system reporting, account balances, fees, letters of credit, and corporate guarantees
  • Manage employee access to banking systems on a global basis
  • Ensure accurate and complete account maintenance including authorized signatories and approvers, opening and closing accounts, and adding services


External Reporting and Controls

  • Draft treasury policies and ensure compliance with the Company's internal control framework including key Sarbanes-Oxley controls and periodically updating control narratives
  • Compile and analyze treasury information to meet monthly, quarterly and fiscal year end management reporting and external auditor requirements
  • Work with IT and banking partners to automate workflows for more efficient and auditable compliance and internal controls


Affiliate Transactions

  • Oversight of intercompany funding including timely settling inter-company balances
  • Manage short and long-term subsidiary funding needs


Foreign Exchange

  • Manage non-functional currency foreign exchange exposure
  • Lead the development and implementation of F/X strategy
  • Monitor currency rates to forecast income statement and balance sheet unrealized gains (losses)


Insurance

  • Assist Senior Director, Tax & Treasury with the corporate insurance program, coordinating with business areas and insurance brokers on coverage, policy applications, renewals, and certificate needs


Competencies

  • Strong analytical, problem solving and organizational skills including the capacity to perform detailed analysis while understanding broader context and implications
  • Able to effectively communicate verbally and in writing at all organizational levels
  • Able to work independently and within a cross-functional team, managing multiple priorities and deadlines in a fast-paced environment
  • Strong project management skills with demonstrated ability to take initiative and drive projects to completion

Qualifications

  • Bachelor's degree in accounting or related discipline
  • Minimum 7 years of experience in Treasury and Cash Management required
  • Experience operating in a US based, multi-national legal entity structure required
  • Strong computer skills, including intermediate level proficiency in Microsoft Office Products