Senior Treasury Manager

San Rafael, CA

Employer:

Description

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best - people with the right technical expertise and a relentless drive to solve real problems - and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

About Corporate Groups

It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.

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.

POSITON SUMMARY

Reporting to the Treasurer, this role will lead the Treasury Operations, Investments and Technology for the Global Treasury function including team members in San Rafael, California and Dublin, Ireland. This will include support for post-SAP implementation and engagement across multiple functions and with the SAP Project workstream teams. The role will be critical to fundamentally changing how we work and how the systems and tools we use are connected. In addition, this will be the leader for Treasury projects leveraging our best-in-class systems which bridge across all our functional areas including Treasury Operations, Bank Infrastructure and Investments.

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 i deal candidate would be someone interested in developing themselves in all aspects of corporate treasury function, but with an incredibly strong grounding in cash management and technology.

RESPONSIBILITIES

Treasury Operations, Short-Term Liquidity Forecast and Treasury Projects

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.
Own and manage process improvements projects in the regions (cash management tool utilization), drive regions to adapt STP process for payments
Improve and monitor Treasury operational policies, oversee SOX compliance and support internal and external audit requirements

Technology and Foundation

Treasury expert supporting post go-live SAP, liaising closely with the record-to-report workstream leadership team as well as existing business partners throughout Finance and IT.
Coordinates communication with all impacted internal areas on the scope, budget, risk, and resources of the work effort being managed. Executes on project activities with activities of business unit(s). Coordinates request for changes from original specifications and ensure proper change communication and impact analysis.
Works closely with the end user, business technologists, and others to understand and prioritize business goals and information needs; participate in the implementation of services, gathering requirements and design specifications; refines conceptual systems design requirements into the technical design.

Bank Infrastructure and Services

Leverage relationships with new and existing banking partners. Ensure high levels of service are provided to corporate business partners (AP, FP&A, Accounting) and opportunities for efficiencies are identified and evaluated.
Continuously evaluate banking products and services to improve operating efficiencies and controls.
Support best-in-class initiates around fraud prevention, risk mitigation, straight through processing and governance

Investments

Investment Portfolio Management: Manage external investment managers, monitor compliance, facilitate accounting and reporting process including CECL analysis.
Ensure optimized liquidity allocation for returns, share-of-wallet and counterparty risk in close alignment with the Treasurer and Assistant Treasurer
Support related SOX and internal controls

Required Skills:

Strong familiarity with process design based on ERP platform enablement (preference for SAP ECC or SAP S/4 HANA either as a user or as part of an ERP implementation)
Project Management experience with focus on Treasury Management and/or Financial Institution Implementation Process, including managing multiple projects simultaneously
Work with subject-matter, technical, and data experts to define and propose solutions to address issues and mitigate risks
Ability to communicate and present technology concepts and solutions to non-technical executive management and business requirements to technologists
Strong understanding of treasury operations, corporate banking practices, along with key systems and solutions
Experience managing multiple projects simultaneously
Desire to share knowledge in a cooperative fashion, to be a team player, with 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
Strong teamwork and interpersonal skills at all levels of management.
Ability to establish and maintain a high level of customer trust and confidence.

Education and Experience

University degree in Economics, Business, Accounting or Finance is preferred
7-10 plus years of experience in multi-national Corporate Treasury department
Treasury Qualification (CTP) is a plus

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

In the U.S., the salary range for this position is $ 122,200 to $ 183,200 per year, which factors in various geographic regions. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. A discretionary bonus and/or long-term incentive units may be provided as part of the compensation package, in addition to the full range of medical, financial, and/or other benefits, dependent on the level and position offered.

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