Treasury Manager

Who We Are

At KLS Martin, we offer a unique opportunity to contribute to the success of a dynamic and thriving company whose products are used daily across the world to help surgical patients.

The KLS Martin Group is a worldwide leader in creating surgical solutions for the craniomaxillofacial and cardiothoracic fields. Surgical innovation is our passion, and we are constantly working with surgeons to improve surgical care for their patients. Our product portfolio includes titanium and resorbable implants for reconstruction, innovative distraction devices to stimulate bone lengthening, over 4,000 surgical instruments, and other surgical products designed specifically for CMF and cardiothoracic surgeons.

KLS Martin is an innovative leader in the treatment of CMF deformities and trauma cases. We use Individual Patient Solutions (IPS) by using our proprietary IPS products where CT scans are used to custom design implants that are created specifically for that individual patient. This technology allows our surgeons to provide the best-in-class treatment for their patients.

KLS Martin Guiding Principles

• Established, Privately Held Business Group – Responsive to customers, not shareholders. KLS Martin has manufactured medical products since 1896, and we have sold our products in the United States under the KLS name since 1993. We have always been, and always will be, privately owned.
• Patient Focus – We design products with the patient in mind – CMF, Thoracic & Hand
• Product to Table – Integrated planning, design, manufacturing and distribution process
• Educational Partner – Our primary focus for support is on education
• Inventory Alliance – Inventory management is critical to patient treatment/outcome
• Surgical Innovation is Our Passion – More than just a tagline

What We Offer

• We provide full-time employees with a competitive benefits package, including paid parental leave
• In-house training and professional development opportunities
• A culture of creativity and innovation by drawing on diverse perspectives and ideas to drive surgical innovation

Job Summary

At KLS Martin, we are offering an exciting opportunity to contribute to the success of a dynamic and thriving company. We are seeking a highly skilled and motivated treasury professional looking to take the next step in their career. In this role, you will lead the treasury functions and play a vital role in supporting the financial health of our organization, optimizing the capital structure & ensuring compliance with regulatory requirements.

Essential Functions, Duties, and Responsibilities

Treasury Management:

• Oversee daily cash management activities, including cash flow forecasting, liquidity management, and short-term investments.
• Manage relationships with banks and financial institutions, negotiating services, fees, and credit facilities to optimize financial resources.
• Handle payment approvals and ensure proper segregation of duties between the AP team and treasury functions.
• Monitor and manage the company’s debt and credit facilities, ensuring compliance with debt covenants and optimizing capital structure.
• Develop and implement risk management strategies, including FX hedging and interest rate risk mitigation.

Tax Management:

• Monitor and ensure the company is compliant with all federal, state, and local tax requirements, including income tax, sales tax, property tax, and other applicable taxes.
• Manage the relationship with the external tax accountant and support their preparation of tax returns; ensure tax returns are filed and paid in a timely manner and that documentation of such is retained.
• Stay abreast of changes in tax legislation and assess their impact on the company.

Process Improvement and Automation:

• Identify and lead advanced improvement opportunities to enhance efficiency, streamline workflows, and automate manual tasks within the treasury and tax function.
• Leverage existing technology solutions and recommend new ones to drive process optimization, improve accuracy, and reduce cycle times.

Risk Management and Compliance:

• Develop and maintain treasury and tax policies and procedures to ensure compliance with internal controls and regulatory requirements.
• Continuously evaluate control effectiveness, identify areas for improvement, and implement enhancements to strengthen our control environment. Ensure adherence to established controls.
• Stay informed of industry best practices and regulatory changes in both treasury and tax functions.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.