What are the responsibilities and job description for the Cash Manager position at Tenneco?
Tenneco is one of the world’s leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
JOB SUMMARY:
This position is responsible for managing the day-to-day treasury operations, including cash management and applications, and factoring. The ideal candidate will ensure optimal treasury operations, support financial decision-making, and contribute to the company's financial health and growth. The position is based in Northville, MI and reports directly to the Snr. FP&A Manager.
JOB RESPONSIBILITIES:
EDUCATION:
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
JOB SUMMARY:
This position is responsible for managing the day-to-day treasury operations, including cash management and applications, and factoring. The ideal candidate will ensure optimal treasury operations, support financial decision-making, and contribute to the company's financial health and growth. The position is based in Northville, MI and reports directly to the Snr. FP&A Manager.
JOB RESPONSIBILITIES:
- Oversee daily operations, including inventory reporting, AP, AR, cash flow forecasting, liquidity management. .
- Manage balance sheet forecasting by working with regions and plants.
- Will be the business unit lead for all cash initiatives and M&A activities.
- Ensure compliance with internal controls, policies, and procedures in day-to-day conduct and supervision of cash management activities.
- Lead, mentor, and develop the business unit and finance team, fostering a culture of high performance and continuous improvement.
- Drive the development and optimization of systems and tools for finance management and balance sheet forecasting.
- Analyze financial market trends to identify risks and opportunities related to foreign exchange, interest rates, and commodities.
- Prepare and present treasury reports to senior management and the board of directors.
- Collaborate with other departments to support company-wide finance initiatives and projects.
- Play a key role in strategic planning and financial analysis.
EDUCATION:
- Bachelor’s degree in Finance, Accounting, Economics or related field; MBA preferred.
- 10 year experience in manufacturing finance operation.
- Exposure to various working capital management tools & instruments like, letter of credits, short-term financing, factoring, etc.
- Strong understanding of financial instruments, banking regulations, and complex financial management.
- Demonstrated success in developing and implementing treasury operations strategies.
- Excellent leadership, communication, and interpersonal skills.
- Strong analytical skills and attention to detail.
- Experience with consolidation software.
- CTP Certification or CFA Certification preferred.
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
