Manager, Treasury

Date: Jun 8, 2024

Location: Columbia, MD, US, 21044

Company: W. R. Grace & Co.

Requisition ID: 23087 

Built on talent, technology, and trust, Grace is a leading global supplier of catalysts and engineered materials. The company’s two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide innovative products, technologies, and services that enhance the products and processes of our customers around the world. Grace employs approximately 4,300 people in over 30 countries.

Job Description

This position is primarily responsible for analyzing financial risks and then developing, implementing, and carrying out strategies to address the identified risks. Key risks include, but not limited to, foreign currencies, interest rates and equity. The incumbent will measure, analyze, monitor, and influence exposures globally. You should be able to articulate financial concepts, evaluate, recommend, and implement new strategies with minimal guidance.

Responsibilities

  • Manage, evaluate, and mitigate financial risk.
  • Set consistent framework, partnering with key stakeholders, for market risk across the company.
  • Enhance policies, procedures, and corporate governance.
  • Identify and assess exposure, build mitigation plans and ensure compliance with internal controls.
  • Facilitate commodity hedging and related recommendations and/or market analysis.
  • Ensure accurate and timely execution of all financial derivatives.
  • Assist with assessment of, election of, and/or any other requirements of ASC 815 (FAS 133) hedge accounting to ensure accurate accounting and settlement of derivative transactions.
  • Manage banking counterparties from a market risk, pricing, and overall relationship.
  • Leverage reports, processes, and systems to enhance risk reporting and analytics capabilities.
  • High-level understanding of various functions across the organization, including their interdependence on risk management objectives.
  • Communicate risk management requirements to businesses and advise them on risk matters.
  • Ensure compliance on all regulatory matters (e.g., Dodd-Frank, EMIR)

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • Experience working with an ERP system
  • Microsoft Office Suite capabilities are essential (Outlook, Excel, Word, PowerPoint)
  • 7+ years of relevant experience in multinational manufacturing corporation
  • Ability to gain consensus among diverse stakeholders and drive initiatives to completion
  • Comfort working with complex financial topics and products
  • Strong analytical abilities and financial modelling skills
  • Confident, able to articulate proposals, influence, and excellent negotiation skills on financial matters, balancing technical expertise with the ability to recognize the larger commercial picture
  • Excellent written and oral communication skills and the ability to interact effectively with colleagues and management
  • Ability to manage multiple competing priorities and complete deliverables on a timely basis
  • Self-starter, requiring little guidance or supervision

Preferred Qualifications

  • Experience with Treasury Management Systems, Finastra (f/k/a Misys), Kyriba FX, 360T, Refinitiv/LSEG and/or Bloomberg
  • Solid understanding of GAAP accounting for derivatives and FX (ASC 815 and 830)
  • SAP and related systems (BPC, SAC, etc.)

#WRGRACE

Benefits

  • Medical, Dental, Vision Insurance
  • Life Insurance and Disability
  • Grace Wellness Program
  • Flexible Workplace
  • Retirement Plans 
  • 401(k) Company Match – Dollar to dollar up to the first 6%
  • Paid Vacation and Holidays
  • Parental Leave (salaried only)
  • Tuition Reimbursement

 

U.S. Employee Benefits Summary (grace.com)

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Other Compensation

Grace is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Grace via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Grace. No fee will be paid in the event the candidate is hired by Grace as a result of the referral or through other means.


Nearest Major Market: Baltimore