Senior Treasury Analyst
Posted on: 6 Apr 2021
Chicago, IL
Job Description
Job Description
Job Summary:
Responsible for (1) standardizing the processes related to the efficient management of domestic and
international cash with consistent auditable controls from point of sale through LKQs cash concentration system; (2) analyzing and executing financial risk transactions and working capital models; and (3) overseeing and managing the activities of the Treasury Analysts.
Essential Job Duties:
* Prepare or assist in preparation of annual domestic and international cash forecasts
* Prepare or assist in quarterly cash forecast updates
* Execute timely borrowing notices based on cash forecasts and global holiday calendars.
* Execute timely issuance and oversea contractual settlements of spot and forward interest and currency trades
* Assist department head with other derivative instruments, ISDA and Dodd-Frank requirements
* Negotiate Letters of Credit as needed
* Back up daily cash desk
* Attend bank presentations to stay current on best of class solutions to domestic and international Treasury issues
* Work closely with and provide working capital and other solutions to LKQs international subsidiaries and the following departments/groups: AR, AP, Accounting, Internal Audit, IT, the Financial Service Center, and Field Operations
* Assist department head on other Treasury/Finance projects as assigned
Requirements
Education & Experience
: Bachelors Degree in Business-related field preferred.
* Treasury and leadership experience highly considered.
* Minimum 3 years Treasury experience as Analyst, Accountant, and/or Supervisor in a mid to large sizecorporate Treasury department.
* CPA, CTP, or advanced degree preferred.
Knowledge/Skills/Abilities:
* Highest level of character and integrity.
* Detail oriented. Excellent analytical ability with strong Excel, Word, Power Point, written/oral communication and interpersonal skills.
* Ability to understand complex credit agreements as related to borrowing rules and hedging activity.
* Working capital, Accounts Payable, Accounts
* Receivable, cash concentration, cash forecasting, and bank product knowledge.
* Familiar with bank credit facilities and borrowing notices.
* International cash management knowledge.
* Ability to multi-task in a fast paced environment, and to complete tasks independently and in a team environment.
Essential Physical Demands/Work Environment:
* Must have the ability to work under conditions of frequent interruptions and be attentive to detail.
* Some travel may be required.
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
