Sr. Manager, Treasury Operations & Investments

Location:  San Rafael, California Category: Finance

Description

BioMarin is the world leader in delivering therapeutics that provide meaningful advances to patients who live with serious and life-threatening rare genetic diseases. We target diseases that lack effective therapies and affect relatively small numbers of patients, many of whom are children. These conditions are often inherited, difficult to diagnose, progressively debilitating and have few, if any, treatment options. BioMarin will continue to focus on advancing therapies that are the first or best of their kind.

By providing a foundation for all operations company wide, BioMarin’s General and Administrative teams support our mission of providing first and best in class therapeutics to patients who live with rare diseases. Our teams include groups such as finance, legal, human resources, corporate compliance and ethics, and information technology. Come join our team and make a meaningful impact on patients’ lives.

BioMarin is the world leader in delivering therapeutics that provide meaningful advances to patients who live with serious and life-threatening rare genetic diseases. We target diseases that lack effective therapies and affect relatively small numbers of patients, many of whom are children. These conditions are often inherited, difficult to diagnose, progressively debilitating and have few, if any, treatment options. BioMarin will continue to focus on advancing therapies that are the first or best of their kind.

By providing a foundation for all operations company wide, BioMarin’s General and Administrative teams support our mission of providing first and best in class therapeutics to patients who live with rare diseases. Our teams include groups such as finance, legal, human resources, corporate compliance and ethics, and information technology. Come join our team and make a meaningful impact on patients’ lives.

Background

BioMarin’s Global Finance operations continue to grow rapidly with the overall company and are developing into a leading-edge global finance organization. BioMarin has over $1.5 billion of annual revenues and operations in 40 plus countries that drive a fast-paced and dynamic team environment, along with operational complexity.  BioMarin has ambitious growth plans and has an enthusiastic global team that is eager to deliver world-class accounting and finance services to BioMarin and its stakeholders.

Position Summary

Reporting to the Treasurer, the Senior Treasury Manager will be responsible for the Treasury Operations & Investments functions. This role will require someone with multi-national corporate treasury experience who is highly technical, hands-on, detail oriented, with strong organizational and communication skills. The ideal candidate would be someone interested in developing all aspects of corporate treasury function.

 

Treasury Operations: Cash Management, Foreign Exchange Back Office, Bank Infrastructure and Services, Cash Forecasting

Investments: Investment Strategy, Liquidity Allocation, Compliance and Reporting

This role is based in the San Rafael offices of BioMarin.  Some travel to offices in Europe may be required.

  • Cash Management Operations: Manage worldwide banking activity, including cash positioning, internal and external cash transfers, payment services, account administration and controls
  • Banking Infrastructure Configuration and Maintenance: Help design, implement and maintain worldwide banking infrastructure to allow for optimal use of cash, strong bank to ERP integration and growing transaction volumes. Help optimize use of Cash Management module in ERP system, be part of team implementing auto postings and auto reconciliation functionality.  
  • Cash Forecasting: Manage the company’s short-term cash forecasting process utilizing bank systems, ERP system and potentially TMS system. 
  • Intercompany Transaction Management: Monitor intercompany balances, help plan and manage intercompany trade and loan settlements.
  • Foreign Exchange Operations: Manage FX settlements.
  • Investment Portfolio Management: Manage external investment managers, monitor compliance, facilitate accounting and reporting process.


Required Skills:

  • Strong understanding of treasury operations, corporate banking practices
  • Solid knowledge of Investments related accounting and compliance requirements
  • Experience managing multiple projects simultaneously
  • Desire to share knowledge in a cooperative fashion, to be a team player
  • Experience using treasury workstations (FIS Integrity, Kyriba), risk management systems (FXall, Eikon, Bloomberg, 360T) and various bank systems (CitiDirect, BOA CashPro, WF CEO)
  • Excellent communication and organizational skills
  • Strong work ethic, attention to details, ability and willingness to work effectively independently as well as part of a team
  • Transaction management experience (e.g. M&A close and integration work)
  • At least 7-10 years of experience in multi-national Corporate Treasury department

 

Work Environment/Physical Demands

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The employee may frequently be required to sit and talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl and taste or smell.  The employee must occasionally lift and/or move up to 25 pounds.  Specific vision abilities by this job include close vision, depth perception and ability to adjust focus.

Equipment:

Computer skills including Excel, Word, Power Point, G/L and financial reporting systems (Oracle and HFM), Treasury Management Systems, Bank Portals

Contacts:

Interaction with Corporate Accounting, Global Controllership and Regional Finance, FP&A, Bank Partners



We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.