PMC is assisting C&W in their search for a progressive and energetic Global Cash Manager. This is an exciting opportunity for the type of Treasury professional who wants to really dig in and become an integral member of a world class International Treasury team. C&W is a $6.8 billion dollar company that employs 48,000 people across 400 offices in 70+ countries.
Job Title Global Cash Manager
Job Description Summary
The Global Cash Manager's primary responsibility will be to support the Treasury team with daily cash management activities across the globe and act as a key interface with other finance departments and operational functions. The successful candidate will identify opportunities to improve the efficiency and effectiveness of Treasury Operations and be responsible for the accuracy and completeness of Treasury Operations results.
Essential functions and responsibilities
Consolidate weekly cash flows and ensure appropriate ongoing liquidity in each of the company’s global operations, initially in MS Excel and assist in the conversion to the Reval TMS.
Ensure all cash positions are updated in the TMS daily via BAI2/Swift 940 and Self Reporting.
Provide Corporate Accounting team with sufficient detail daily to allow them to book prior day transactions.
Manage the intercompany loan portfolio that covers more than 300 loans across 200 entities. Ensuring that all loans and loan repayments are booked accordingly on the TMS.
Run the FX portfolio, including spot, forward and swap contracts and MTM report via TMS/FX All
Run the monthly netting platform (euronetting) to convert all intercompany positions to I/C Loan relationships with the Global IHB
Inform other Treasury members on payments to enable the input of wire transfers related to FX trades, invoices, and loan repayments and drawdowns
Help complete the implementation of the Treasury Management System
Provide reports to local and corporate finance teams to enable them to complete month end reporting
Work collaboratively with Senior Management in Tax, Legal, and Accounting on the entity rationalization project related to the DTZ/C&W merger
Assist with Treasury related project initiatives such as Reval implementation workstreams.
Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.
3-5 years relevant experience.
Bachelors degree or higher in Accounting or Finance field.
Knowledge of FXall and Reval a plus.
CCM, CTP (or CTP in progress) preferred.
About Cushman & Wakefield
PMC Treasury delights in assisting our PE Sponsor clients and their portfolio companies in identifying dynamic Treasury talent.
Cushman & Wakefield deliver integrated solutions to landlords, tenants and investors at each stage of the real estate & commercial property process. C&W employs 48,000 people across 400 offices in 70 countries.
About PMC Treasury:
PMC Treasury is a global consultancy offering financial risk management and operational treasury services to PE Sponsors, Corporates and Infrastructure funds across the globe. Established for 29 years, we are present in 28 countries, have worked with over 600 clients, and assisted on deals totaling in excess of $60 billion annually.
We specialize in assisting clients navigate through the challenges and opportunities resulting from acquisitions, integrations and investments:
• Operational Treasury - we provide treasury services, ranging from establishing & developing the treasury function, and acting as interim treasurers, to ad hoc treasury consulting.
• Risk Management - we assist with the management of currency, interest rate, inflation & commodity risks, as well as execution of hedging strategies.
To learn more about us, visit www.pmctreasury.com