Treasury Manager

DSV - Global transport and logistics

In 1976, ten independent hauliers joined forces and founded DSV in Denmark. Since then, DSV has evolved to become the world's 3rd largest supplier of global solutions within transport and logistics. Today, we add value to our customers' entire supply chain by transporting, storing, packaging, re-packaging, processing and clearing all types of goods. We work every day from our many offices in more than 80 countries to ensure a steady supply of goods to production lines, outlets, stores and consumers all over the world. Our reach is global yet our presence is local and close to our customers.  Read more at www.dsv.com 

Location: USA - Iselin, Wood Ave 

Division: Air & Sea 
Job Posting Title: Treasury Manager 
Time Type: Full Time

SUMMARY (of the position)

The Treasury Manager will be responsible for all treasury related tasks for the region, including facility management with financial institutions, FX management and supporting the team responsible for day to day cash management tasks.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Point of Contact between RSSC and Group Treasury

· Managing and developing all banking relationships for the region

· Ensure product development with JP Morgan to drive efficiencies in the cash management and cash application processes

· Reviewing of cashflow forecasts and facility requirements and ensuring facilities in place is adequate for the next 12 months

· Maintain signatories across all DSV Accounts with the various banking institutes and updating of Board Resolutions when needed

· Reviewing of FX needs and arranging contracts, where needed, as per Group Policy

· Ensure that SARB approvals are in place as per legal requirements and renewed as and when required

· Reviewal of guarantees prior to issuance and annual review of existing guarantees to ensure adequate facilities are in place

· Ensuring that excess cash, where applicable, is managed effectively, and trapped cash minimized

· Annual review of Bank Accounts and ensuring that minimal accounts remain active and in use (based on operational requirements)

· Reviewing of all bank costs and/or interest earnings, and ensure this is as per the signed pricing agreements

· Ensure controls, within RSSC, is in place to mitigate risk and prevent fraud by means of quarterly reviews of bank access, active cards etc.

· Process improvements to drive efficiency in treasury and cash functions

· Quarterly Key Controls (Guarantees, TEA, Credit Cards)

OTHER DUTIES

· System access – creation, modification, deactivation

· Audit Requests

· Escalate queries or areas of concerns where needed

QUALIFICATIONS (SKILLS, KNOWLEDGE AND ABILITIES REQUIRED)

· Excellent communication skills

· Highly organized and good time management skills

· High level of problem solving skills – analytical ability

· Attention to detail

· Ability to work in a diverse team as well as be self-driven

· The ability to explain transactions using T-Accounts

· Extensive knowledge of accounts payable, cash management & treasury functions

· Understand and explain accounting principles and concepts

Computer Skills

· SAP

· Excel (Advanced)

Education and/or Experience

· Minimum of 2 years people management skills and

· Experience in Cash Management/Treasury and

· Financial Qualification (diploma, degree) and/or

· 3 years creditors experience and/or

· 3 years experience in an operation finance role and/or

· 3 years experience in a treasury/cash management role

Language Skills

· Excellent in Speaking, Writing and Reading English

Mathematical Skills

· Must have strong financial acumen

For this position, the expected base pay range is $110,000 - $135,000 annually. Actual compensation will be determined based on job-related factors, including relevant experience, skills, education or certifications, and geographic location, consistent with applicable laws and company policy. 

DSV offers a comprehensive benefits program designed to support the health and well-being of employees and their families. Benefits include medical, prescription, dental, vision, and life insurance, as well as flexible spending accounts (FSAs), health savings accounts (HSAs) (for eligible plans), and short- and long-term disability coverage. 

Employees also have access to wellness resources, Employee Assistance Program (EAP) services, and other support benefits. Financial benefits include participation in the DSV 401(k) plan, which provides company matching contributions of up to 5%. 
 

To support work-life balance, DSV offers various paid time off programs and paid company holidays. Specific PTO and leave programs may vary by location and division in accordance with state or local laws 

DSV does not accept unsolicited agency resumes.  Please do not forward unsolicited resumes to our website, employees, or Human Resources.  DSV will not be responsible for any agency fees associated with unsolicited resumes. Unsolicited resumes received will be considered property of DSV and will be processed accordingly without fees.
 

DSV – Global transport and logistics

DSV is a dynamic workplace that fosters inclusivity and diversity. We conduct our business with integrity, respecting different cultures and the dignity and rights of individuals. When you join DSV, you are working for one of the very best performing companies in the transport and logistics industry. You’ll join a talented team of approximately 75,000 employees in over 80 countries, working passionately to deliver great customer experiences and high-quality services. DSV aspires to lead the way towards a more sustainable future for our industry and are committed to trading on nature’s terms.

We promote collaboration and transparency and strive to attract, motivate and retain talented people in a culture of respect. If you are driven, talented and wish to be part of a progressive and versatile organisation, we’ll support you and your need to achieve your potential and forward your career.

Visit dsv.com and follow us on LinkedIn, Facebook and Twitter.

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