Job Description
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 credit. In 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
•    Bachelor’s 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. Bertelsmann's 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: $115,000.00 - $120,000.00