Methode Electronics, Inc

  • Global Treasury & FX Director

    Division Methode Electronics
    Requisition ID
    2018-1606
    Category
    Accounting/Finance
    Location : Location
    US-IL-Harwood Heights
  • Overview

    Methode Electronics is seeking a Global Treasury & FX Director.  In this role, you will be responsible for global treasury and risk management for all of the company's business units. The position will primarily be responsible for corporate liquidity, investments, and risk management related to the company's financial activities.  You will report directly to the CFO.

     

    Methode Electronics is a global developer of custom engineered and application specific products and solutions with headquarters in the Chicago, IL (O’Hare) area. With over 5,500 employees, Methode is financially strong and extremely well positioned to grow from its existing $810 million revenue base. Our focus is on design, development and manufacture of solutions for customer applications utilizing our technical capabilities in the areas of power distribution, sensors, human-to-machine interface and testing. Further information can be found at Methode’s website at www.methode.com. 

    Responsibilities

    • Forecast cash flow positions, related borrowing needs, and funds available for investment
    • Ensure sufficient funds are available to meet ongoing operational and capital investment requirements
    • Explore hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
    • Maintain banking relationships
    • Develop credit agency relationships as required
    • Arrange for equity and debt financing as required
    • Ensure the full integration of multiple banking platforms
    • Advise management on the liquidity aspects of its short- and long-range planning
    • Oversee the extension of credit to customers
    • Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
    • Have a working knowledge of ASC-815 "Derivatives and Hedging"
    • Other duties as assigned 

    Qualifications

    • Bachelor degree in Accountancy, Finance or Economics
    • MBA preferred
    • Minimum of 10 years of progressive experience, some with an international company
    • Proven knowledge of foreign currency transactions and international exposure associated with a global company
    • Excellent financial modeling skills using Microsoft Office products
    • CPA or CTP designation preferred but not required
    • Ability to work effectively across functional areas
    • Travel up to 10% of the time, including international

     

    Methode Electronics is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics. The EEO is the Law poster is available here: EEO Poster, if you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.

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