Finance Specialist in Global Treasury - Treasury Operations North America

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Purpose & Objective

 

SAP’s Global Treasury department is primarily responsible for global cash management, cash flow planning, asset management, internal and external financing, stakeholder management (banks, debt investor, rating agencies), and all areas of financial risk management, e.g., foreign currency, interest rate, and counterparty risk. Furthermore, Global Treasury supports SAP’s overall value chain by engaging in co-innovation projects as well as pre-sales and sales support (“SAP runs SAP”) regarding our Treasury and Cash Management solutions. In addition, Global Treasury acts as a strategic advisor to the Executive Board and closely supports the SAP growth strategy via its expertise in M&A Finance, capital structure and capital allocation policy.

 

In order to fulfill these tasks, Global Treasury is in close contact with several internal partners, e.g., Global Controlling, Global Tax, Global Legal, Corporate Financial Reporting, and Investor Relations.

The North America Treasury Operations and Processes Team is part of Global Treasury. It is responsible for managing North America Business, managing SAP’s Cash Hub and overseeing operational activities around Cash Management, Financial Risk Management, Bank Account Management and making investment decisions.

 

In addition, the team is involved in cross-functional Treasury and Finance projects, digitalization and standardization projects. The team works very closely with a variety of internal and external stakeholders such as banks, auditors, CFOs, chief accountants, and tax managers.

 

Key Duties and Responsibilities

• North American Treasury and Cash Management: Liquidity Management and Forecasting of centralized liquidity, oversight of US cash pools, management of SAP’s global bank accounts.
• Digitalization Projects: Drive digital transformation initiatives by implementing cutting-edge technologies to enhance efficiency, streamline processes, and optimize financial operations.
• Global Treasury Projects: Lead and participate in cross Finance projects, including payment processing, and process automations, Legal Entity Consolidations, etc.
• End-to-End Treasury Processing: Champion comprehensive treasury processes, striving for automation and optimization using SAP Standard Solutions.
• Cross-Functional Collaboration: Collaboration and coordination with various SAP internal stakeholders, such as Accounting, Tax, Payroll, Shared Service Centers and external stakeholders, such as banks and financial service providers.
• Risk Management: Identify, assess, and mitigate financial risks such as liquidity risk, interest rate risk, and foreign exchange risk in order to protect the company's financial stability.
• Analysis and Reporting: Perform global Treasury related analysis and reporting; ensure compliance with Global Treasury Guidelines.
• Regulatory Compliance: Provide support to comply with US regulated topics like Unclaimed Property and Dodd Frank Reporting, as well as periodic SOX related reporting and SOX and financial audit support.
• Integration of New Entities: Integration of newly acquired or merged entities from a system and process perspective including training, system testing, and implementation of Treasury best practices.
• Bank Relationship Management: Manage regional bank relationship with our core and non-core banks.

 

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting, and/or Banking, or related field.
• 3-5 years of experience in a Treasury, Treasury Consulting, or related role.
• Good experience with treasury management systems (SAP TRM), SAP Cash Management and SAP S/4HANA.