SR MANAGER, GLOBAL TREASURY - CASH MANAGEMENT

This position has been filled - Job#: 453365052

Job Summary

SUMMARY

Under Armour’s Treasury Department is looking to hire a Senior Manager with responsibility for a wide range of Treasury initiatives to support the company’s growth and operations.  This position is based in Baltimore, Maryland and reports to the Sr. Director of Global Treasury.  This position will oversee the work of 2 team members and will work closely with internal departments as well as with various financial institutions.  

The Senior Treasury Manager will be responsible for driving Treasury initiatives aimed at increasing the scalability and automation of the Global cash management team and operations. Responsibilities include managing global liquidity and support for new business initiatives. The Senior Manager will work to improve bank related services utilized by various internal shared services and Treasury teams. The Senior Manager will be responsible for driving lower costs and decreasing risk through contract negotiations and evaluation of new services, increase interest income through optimization of global bank account structure, mitigate risks in liquidity management, and improve overall controls and visibility. Position requires close coordination with internal Under Armour teams, banks and other financial services partners.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Global cash & liquidity management
  • Monitor daily cash position, ensuring efficient and timely execution of cash concentration and funding needs
  • Ensure adequate controls and compliance with corporate bank account management and disbursement policies
  • Maintain and update a daily cash forecast
  • Recommend and oversee borrowings/repayments under company’s credit facilities
  • Oversee bank account management, including opening, closing and maintenance of bank accounts as needed in support of  global growth
  • Review and manage bank fees, work with banking partners to negotiate and evaluate products, services and pricing
  • Leverage treasury management system and available technology to identify and implement process improvements and efficiencies
  • Oversee accounting for all HQ cash transactions
  • Serve as main approver for all treasury related bank wires/payments/transfers
• Oversee intercompany loans, calculation of intercompany interest, and intercompany settlements
• Evaluate investment alternatives for excess cash
• Responsible for reviewing JE’s and month-end workpapers
• Owner of the short term cash forecast
  • Review data and model maintained by the Treasury Analyst
  • Make recommendations and implement changes to improve the process and model as necessary
  • Partner directly with cross-functional teammates to gather necessary inputs
  • Anticipate and plan for future commitments (tax payments, I/C activity and settlements, sports marketing payments, rent. etc.)
  • Call-out and summarize significant deviations from forecast
  • Partner with Treasury Analyst to conclude on weekly borrowing needs and communicate to the bank as necessary
• Daily, monthly and quarterly reporting related to cash balances, debt & liquidity, interest and other income/expense
• Assist and Support Mid and Long Term Cash forecasts
• Serve as a back-up to support FX hedging program and FX trades as necessary
• Supervise a team of 2-3 including setting goals and completing mid-year and annual performance reviews

QUALIFICATIONS

• Knowledge of banking software and treasury workstations preferred.
• Strong team player with demonstrated ability to lead and influence others outside of their direct-reporting lines.
• Possess an unwavering commitment to excellence.
• Strategic thinker with excellent analytical, critical thinking, problem-solving, interpersonal, and relationship building skills.
• Responsive; able to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders.
• Ability to communicate effectively at all levels and articulate ideas, financial results, and actionable recommendations.
• Demonstrated leadership skills, willingness to “do what it takes” to get the job done-done-done, and commitment to challenging the status-quo to make things better.
• Demonstrated success working with and in high-performing teams and consistently producing results that exceed expectations.
• Must be a self-starter who is able to work independently and interface with all relevant internal teams and external business partners as needed
• Ability to learn quickly in dynamic environment and to initiate and champion change
• Strong leadership and management Skills
• High integrity.
• Humble & Hungry.

EDUCATION AND/OR EXPERIENCE

• 6+ years of Treasury experience at a large multinational company
• BS/BA in Accounting or Finance; MBA or CTP preferred
• Strong interpersonal skills — including written and oral communication skills
• Experience with treasury workstation and SAP a plus

CORE COMPETENCIES

GET IT DONE – ACCOUNTABILITY

Delivers results and hits deadlines

Takes responsibility and ownership of role-related tasks

Acts in alignment with Brand values principles and code of conduct

FIND A BETTER WAY – CREATIVITY & INNOVATION

Generates new solutions that contribute to Brand evolution

Asks questions and challenges the status quo

Contributes to ta culture of creativity and idea generation

WIN TOGETHER – COLLABORATION

Works collaboratively with other teammates to hit goals

Builds working relationships with others cross-functionally

Acts in the best interest of the Brand, and others, versus self

THINK GLOBALLY – GLOBAL PERSPECTIVE

Demonstrated understanding of cultural practices and global perspectives

Adapts behavior and solutions based on global trends.

MAP THE FUTURE – STRATEGIC VISION

Creates goals and action plans that align with UA overall strategic vision

Makes the connection between vision, team, goals, and individual goals

Communicates clear, specific and achievable objectives to others

BUILD A GREAT TEAM – BUILDING TALENT

Attracts, selects and develops the best talent

Creates opportunities to develop and mentor other teammates

Provides feedback and coaching on teammate performance and development

Motivates others through recognition and a shared sense of purpose