Global Treasury Manager - Remote
Posted on: 15 Mar 2021
Chicago, IL
Job Description
Job Description
LKQ Corporation is looking for a highly talented, experienced and motivated individual to lead its Global Treasury function from its corporate headquarters located in Chicago. The Global Treasury Manager will be responsible for coordinating North American and European financial initiatives to ensure they meet both corporate and local objectives. Reporting directly to the Assistant Treasurer, you will work directly in partnership with our Manager of Corporate Treasury in Chicago and the Director of Treasury Europe. Developing close relationships with the CFO, Corporate Controller, as well Accounting, FP&A, Tax and the European CFO.
Essential Job Duties
* Identify and mitigate interest and currency risk in accordance with GAAP and Tax requirements.
* Assist and review other hedging opportunities.
* Execute trades timely with details sent to key department leaders and ensure all front, mid and back-office activity is accurate.
* Manage counterparty and other treasury-related risk updating policy and procedures and ensuring key stakeholders are updated on changes and impact.
* Review lease vs buy opportunities based on each companys economic situation.
* Lead and manage Treasury Management System including setup and integration in North America and Europe.
* Prepare analysis of balance sheet activity to translate into forecasting and liquidity planning and provide monthly cash flow reports and projections which include Operating and Trade Working Capital performance vs budget.
* Manage inter-company lending and dividends in compliance with legal, tax and accounting requirements.
* Monitor key cash requirements, such as capital spending on current and planned projects, tax payments and debt service payments
* Monitor and control daily bank balances and liquidity
* Help establish and monitor treasury-related processes, procedures, and policies that are standardized globally.
* Lead ISDA and KYC preparation and reporting.
* Lead global FXall relationship, reporting and settlement
* Lead and execute FBAR reporting
* Lead Corporate Credit Card program and controls.
* Monitor and analyze banking and credit card fees.
* Establish key Treasury KPIs to ensure best services, prices and controls
* Assumes other duties as assigned.
Location: Remote
Requirements
Education & Experience:
* Bachelors in Accounting or Finance required, MBA preferred
* 8-10 years Treasury Experience required
* MBA preferred
Preferred Qualifications:
* CPA or CTP preferred
* Treasury Management System experience preferred
Benefits:
* Health/Dental/Vision Insurance
* Paid Time Off
* 401k with Generous Company Match
* Company Paid Life Insurance and Long Term Disability
* Short Term Disability
* Employee Assistance Program
* Tuition Reimbursement
* Employee Discounts
Position Type
Full-time
LKQ Corporation
Chicago, IL
LKQ Corporation is an American provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles. As of 2018, it was #300 on the Fortune 500 list. In March of 2017, Dominick P. Zarcone was selected to become the new President and Chief Executive Office.
LKQ was initially formed in 1998 through the combination of a number of wholesale recycled products businesses located in Florida, Michigan, Ohio and Wisconsin. We subsequently expanded through internal development and over 220 acquisitions of aftermarket, recycled, refurbished, and remanufactured product suppliers and manufacturers; self service retail businesses; and specialty vehicle aftermarket equipment and accessories suppliers. Our most significant acquisitions include:
• 2007 acquisition of Keystone Automotive Industries, Inc., which, at the time of acquisition, was the leading domestic distributor of aftermarket products, including collision replacement products, paint products, refurbished steel bumpers, bumper covers and alloy wheels.
• 2011 acquisition of Euro Car Parts Holdings Limited ("ECP"), a vehicle mechanical aftermarket parts distribution company operating in the United Kingdom. This acquisition allowed us to expand our operations into the European automotive aftermarket business.
• 2013 acquisition of Sator Beheer B.V. ("Sator"), a vehicle mechanical aftermarket parts distribution company based in the Netherlands, with operations in the Netherlands, Belgium and Northern France. This acquisition allowed us to further expand our geographic presence into continental Europe.
• 2014 acquisition of Keystone Specialty, which expanded our product offering and increased our addressable market to include specialty vehicle aftermarket equipment and accessories.
• On December 22, 2015, LKQ announced that it has signed a definitive agreement to acquire the holding company of Rhiag-Inter Auto Parts Italia
• S.p.A (“Rhiag”), a leading pan-European business-to-business distributor of aftermarket spare parts for passenger cars and commercial vehicles. Rhiag has operations in Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. The transaction is expected to be completed in the first half of 2016 and is subject to customary closing conditions and necessary regulatory approvals.
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IndustryAutomotive
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No. of Employees45,500
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Website
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Jobs Posted10485
