Director of Cash Management

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.

 

We are seeking a highly skilled Cash Lead for our Clean Air business group. This position is responsible for managing the day-to-day treasury operations, including cash management and applications, hedging, 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 may be based in Northville, MI or Edenkoben, Germany and reports directly to the Clean Air CFO.

 

 

Our recruiting team is ready to act immediately. You’ll first hear from someone in Talent Acquisition to schedule a phone screen, and then the next step will be a personal interview with our Hiring Manager. We pride ourselves on moving through the process quickly, and you can be sure of transparency and prompt communication.

 

 

RESPONSIBILITIES:

 

 

• Oversee daily treasury operations, including cash flow forecasting, liquidity management.
• Review and define hedging & risk strategy.
• 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 treasury team, fostering a culture of high performance and continuous improvement.
• Drive the development and optimization of systems and tools for treasury 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 or professional certification (e.g., CTP, CFA) preferred.

 

SKILLS & EXPERIENCE:

 

 

 

• Proven experience in a treasury leadership role, preferably within a similar industry.
• 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.
• Proficiency in treasury management systems and advanced Excel skills.
• Experience in international treasury operations and currency risk management.
• Ability to work in a fast-paced environment and manage multiple projects.
• Strategic thinker with strong problem-solving capabilities.

 

 

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to ra