Location
Wilmington, DE | United States
Job description
Job Description:
At Enovis we sweat the little things. We embrace collaboration with our partners and patients, and we glory in the grind of scientific excellence - with the goal of transforming medical technology as we know it.
Because that's how we change the lives of patients for the better. And that's how we create better together.
As a key member of the Treasury team you will play an integral part in helping Enovis drive the medical technology industry forward through transforming patient care and creating better patient outcomes.
Job Title :
Treasury Manager
Reports To:
VP, Finance and Treasurer
Location :
Wilmington, Delaware - Hybrid (3 days onsite 2 days remote)
Job Title/High Level Position Summary :
Reporting to the Treasurer, this position will be a critical contributor to Corporate Treasury for the organization headquartered in Wilmington, DE. Responsibilities include global FX risk management; Cash Flow forecasting; North America and International liquidity management, including coordination of global cash consolidation; management of short-term and long-term debt portfolio; development of key treasury models, such as liquidity planning, covenant sensitivity, credit ratings modeling, among others; support managing asset investment for US based pension funds.
We are a very small team focused on all things Corporate Treasury. This role will be involved in lots of things spanning all across the organization and this role provides an excellent opportunity to drive change, build and refine the function, and be involved in nearly everything relating to Treasury & Cash flow.
Key Responsibilities :
- Support the Treasurer with broad scope of responsibility across all areas of the Treasury group.
- Working with the Treasurer, implement FX risk management policy and risk monitoring process utilizing various methodologies including Value at Risk
- Manage cash and debt in North America, including maintenance and improvement of our Treasury Workstation System and optimization of bank structure
- Develop complex and sophisticated models to support decision making at Board level, including liquidity planning and debt capacity, debt covenant sensitivity, and credit ratings
- Support Treasurer to implement initiatives targeted to improve Free Cash Flow forecasting process
- Manage Corporate Liquidity, including ensuring sufficient liquidity on all cash pools
- Manage funding of non-cash pool bank accounts when needed
- Manage Intercompany loans, including interest calculations and communicating throughout the company (subsidiaries, accounting, Cash Management)
- Manage Credit facilities including repayments and new borrowings. Ensure timely payment and recording of principal and interest
- Prepare Covenant Compliance certification quarterly
- Receive and analyze short term cash forecast and manage liquidity needs for the following weeks
- Oversee preparation of daily cash file
- Prepare Treasury reports on a weekly and monthly basis. Prepare ad hoc Treasury reports
- Assist with Treasury related activities as part of the month-end close.
- Coordinate bank account management activities including preparing documentation and maintaining bank account database, bank portal navigation and access management
- Implement process improvements to optimize treasury activities, automate functions and increase internal controls.
- Ensure compliance with internal Treasury and Accounting policies and related SOX controls.
- Oversight of one individual based in our shared service center who focuses on daily cash preparation and access management.
Minimum Basic Qualifications :
- Language Capabilities: English is required. Working knowledge in other languages will be given strong consideration
- B.S. in finance, economics, accounting, or related field
- MBA, CTP or other advanced degree strongly preferred
- Understanding of FX risk management and derivatives, debt instruments and general debt and equity capital markets, basic treasury routines, such as cash management and treasury systems (ION CityFinancials, 360T)
- Foundational knowledge in economics, statistics, solid understanding of financial statements, financial analysis and accounting
- Superior verbal and written presentation skills. Ability to prepare presentations and communicate complex, technical topics in a professional and easy to understand manner
- Proficiency in advanced Excel modeling skills
- 5+ years of treasury experience or highly related area in companies with significant international presence
- Demonstrated success in driving projects to conclusion with moderate autonomy
Travel Requirements:
- Less than 25% travel, domestic and international
Desired Characteristics :
Hard Skills
- Comfortable working in a cross functional and international environment.
- Strong qualitative and analytical skills.
- Self-starter, committed to provide practical solutions to complex situations.
- Efficient communicator.
Soft Skills
- Inclusive: Passionate about working with colleagues from different cultures and environments, with a collaborative approach, in a diverse organization.
- Team Player: Ability to work with others toward a shared goal, participating actively, accountable and committed to the entire team respecting peers, leadership, stakeholders, and clients.
- Inspirational: Excellent oral and written communication skills: Communicate clearly and professionally with Finance and non-Finance professionals within the organization being able to inspire others.
- Decision Maker: Challenge the status quo and make decisions based on your role to be an effective problem solver and use critical thinking skills to find new ideas and connect them to provide the best practices and tools to our stakeholders and clients.
- Flexibility: Adapt and respond to the changing environment and to constructively create opportunities for change through active participation.
"Creating better together". It's the Enovis purpose, and it's what drives us and empowers us every day on a global scale. We know that the power to create better - for our customers, our team members, and our shareholders - begins with having the best team, pursuing common goals, operating at the highest levels, and delivering extraordinary outcomes.
Watch this short video and discover what creating better together means to us at Enovis:
ABOUT ENOVIS
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond. Visit to learn more.
EQUAL EMPLOYMENT OPPORTUNITY:
Enovis provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees' beliefs and practices that do not conflict with Enovis policies and applicable law. We value the unique contributions that every employee brings to their role with Enovis.
ABOUT ENOVIS
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond.For more information about Enovis, please visit .
EOE AA M/F/VET/Disability Statement
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, religion, color, national origin, sex, protected veteran status, disability, or any other basis protected by federal, state or local laws.
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