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Open nowPosted 13 days ago

Manager of Treasury

Accuray26 open roles

Where
Madison, WI
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Your applicationOpen nowManager of TreasuryAccuray · Madison, WI

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Accuray postings stay open a median of 42 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted 13 days ago

Accuray median: 42 days open

The posting

Give hope. Give health. Make your mark in the fight against cancer.

At Accuray, we make a direct and powerful impact on the lives of cancer patients every day — helping them live longer, better lives. But our commitment to innovation offers a truly unique opportunity: the chance to change the fight against cancer — helping to develop, introduce and support new treatment delivery systems and software that will give new hope and new health to cancer patients and cancer survivors around the world.

Accuray develops, manufactures and sells radiotherapy systems for alternative cancer treatments. Our radiation therapy for cancer makes treatment shorter, safer, personalized and more effective, ultimately enabling patients to live longer, better lives.

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Be the primary subject matter expert on Treasury within the company including cash management, cash forecasting, intercompany settlements, hedging our monetary positions and managing our debt payments plus covenants.
  • Manage global cash movements and intercompany settlements to ensure an efficient and effective cash allocation process.
  • Maintain and consistently refine a cash forecast process to identify trends.
  • Enhance the Company’s hedging program to reduce FX exposure and FX fees, which includes collaborating with third party experts to implement hedging strategies (including both balance sheet and cash flow hedges) that reduce financial risk related to fluctuations in FX rates.
  • Partner with global teams to ensure their funding needs are met.
  • Work cross-functionally with Sourcing, Operations, Accounts Payable, Accounts Receivable to implement strategies to maximize working capital.
  • Partner closely with accounting, tax and legal teams to ensure that cash is optimized, debt is maintained, and hedging arrangements are recorded in accordance with regulatory and US GAAP guidelines.
  • Manage US bank accounts and fees, while optimizing the global banking counterparties to scale and enhance the efficiency of cash movements.
  • Review high value cash movements to ensure reduced fees when converted.
  • Participate in debt restructuring, when needed.
  • Manage the Insurance renewal process with the Company’s broker including preparation of applications and necessary data; negotiate premiums, and maintain insurance policies.
  • Manage insurance claims and correspondence with insurance broker.
  • Ensure compliance with all SOX controls and requirements.
  • Develop a strong working relationship with bankers and insurance brokers.

QUALIFICATIONS

Preferred or Desired:

· Working knowledge of banking structures and hedging programs.

· Public accounting experience

· SAP experience

· CPA certification

Required:

  • Requires BA or advanced degree in Accounting, Finance or equivalent degree
  • 7+ years’ experience in treasury
  • Strong U.S. GAAP experience and knowledge
  • Significant industry experience in actual application of Treasury.
  • Ability to work and communicate effectively with peers and management up to the Executive level, particularly with regard to complex banking negotiations and arrangements.
  • Significant experience working with the accounting and tax organization in a fast-paced environment.
  • Able to motivate, communicate and drive continuous improvement – including departments outside of finance.
  • Understanding of the requirements of SOX in a public company environment.
  • Solid planning, leadership, and administration skills.
  • High energy; demonstrates urgency, fast pace and ability to multi-task.
  • Strong written and verbal communications skills.

To qualify for this position, candidates must be able to furnish proof that they are authorized to work in the country they are applying on a permanent basis without sponsorship.

EEO Statement

At Accuray, our commitment to patient-first outcomes drives an inclusive and collaborative work environment where the best ideas rise to the top — and everyone works to push them further. We value diversity in both the professional and personal backgrounds of our employees, as this variety adds rich energy to every team, every project and every work day. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin – including individuals with disabilities and veterans.

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