Treasury Manager
Broomfield, CO, US, 80021
At Crocs, Inc., every career offers a chance to make a real impact. No two journeys look the same. And that's exactly how we like it. Whether you’re welcoming customers into our stores, collaborating with global teams at our headquarters, or keeping operations moving at our distribution centers, your impact is real and valued. At Crocs, Inc. you’re not expected to fit a mold. You’re encouraged to break it and create something better.
Overview
The Treasury Manager for Crocs Inc., is responsible for overseeing our FX risk management programs (cash flow and balance sheet), maintaining our intercompany loan portfolio including directing global flows of funds through the intercompany loans, creating Executive presentations, and driving interest expense savings on our third-party debt in North America. The Treasury Manager reports directly to the Director, Global Treasury. The Treasury Manager plays a key role for the company by mitigating global foreign currency risk while also providing technical knowledge and expertise in a wide variety of aspects of Treasury including cash management, cash and interest expense forecasting, third party and intercompany debt, bank account management, and new financings and refinancings of debt instruments (revolving credit facilities, term loans, and bonds).
What You'll Do
- Mitigate global balance sheet and cash flow foreign currency (FX) risk for the company, utilizing over-the-counter bank products (forwards and swaps) with our banking partners.
- Execute spot foreign currency (FX) trades on behalf of Global Treasury team members to assist with cash repatriation and ensure adequate cash balances in every region.
- Complete monthly mark to market Accounting journal entries, and quarterly financial footnotes detailing information on the hedges that are in place for the FX risk management programs.
- Manage Crocs’ intercompany loan portfolio, spearheading communication regionally and cross functionally across Crocs’ Treasury, Tax, and Accounting teams globally.
- Prepare interest expense forecasts, guiding Corporate FP&A on future expected interest expense outcomes.
- Support the Director, Global Treasury and VP, Global Treasurer in preparing Board materials.
- Support the Director, Global Treasury by acting as a back-up for the Senior Treasury Analyst in daily cash management and forecasting for the North America region.
- Assist in the streamlining of Treasury processes by accurately maintaining internal controls and compliance measures to support SOX/Policy Compliance.
What You'll Bring to the Table
- Bachelor’s degree or equivalent experience in Finance, Accounting or related field.
- 8+ years of Treasury, Finance, or Accounting experience with a global corporation.
- Proven experience in FX risk management, FX trade execution, intercompany loan management, cash management and forecasting, as well as basic Treasury functions such as bank products, bank portals, and some Treasury-related Accounting.
- Advanced user of Microsoft Excel (Modeling) and PowerPoint.
- SAP, FXall, Chatham Financial (or, a different FX risk management software), and Treasury Management System (TMS) experience preferred.
- Ability to effectively collaborate with personnel across all departments and organizational levels, including executive management.
- Demonstrated proficiency in managing privileged and sensitive information.
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The Company is an Equal Opportunity Employer committed to a diverse and inclusive work environment. We accept applications on an ongoing basis.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability, or any other classification protected by law.
Title: Treasury Manager
Salary or Pay Range: $108,000 - $118,000
Pay offered will vary based on job-related factors such as location, experience, training, skills, and abilities.
At Crocs, Inc. we believe in the power of a blend of in-person and virtual collaboration to drive creativity and strengthen relationships. Your participation in this flexible schedule plays a key role in building a connected and successful team. In-office requirements vary by our work personas: Resident (5 days), Collaborator (4 days), Connector (2-3 days), Explorer (fully remote). This role has been aligned to the Collaborator persona.
This position is eligible to participate in a company incentive program.
This position is eligible for company benefits including but not limited to medical, dental, and vision coverage, life and AD&D, short and long-term disability coverage, paid time off, employee assistance, participation in a 401k program that includes company match, and many other additional voluntary benefits.
The application window is 45 days, but applicants are encouraged to apply as soon as possible after the posting date in order to ensure optimal consideration. The posting will be removed if the job is filled before the application window deadline.
Job Category: Corporate
Nearest Major Market: Denver