DM Corporate Finance, Liquidity Management and In-House Banking USA/Canada at Mercedes-Benz North America Corporation

%3Cp%3EAbout Us:%3C/p%3E%3Cp%3EMercedes-Benz North America Corporation is a US subsidiary of Mercedes-Benz Group AG, one of the most successful automotive companies. With Mercedes-Benz AG, the Group is one of the leading global suppliers of premium and luxury cars and vans. Mercedes-Benz Mobility AG offers financing, leasing, car subscription and car rental, fleet management, digital services for a charging and payment as well as innovative mobility services. Headquartered in Farmington Hills, Michigan, Mercedes-Benz North America Corporation (MBNAC) operates as a holding company for all Mercedes-Benz Group entities in the United States of America. MBNAC provides services to Mercedes-Benz Group subsidiaries in North America in areas such as Treasury, Tax, Accounting, Corporate Communications, Government Relations, Legal and Human Resources.%3C/p%3E%3Cp%3E%26nbsp;%3C/p%3E%3Cp%3EWhy work at Mercedes-Benz%26nbsp;North America Corporation?%3Cbr%3EWorking at Mercedes-Benz%26nbsp;North America Corporation is more than a job – it’s an opportunity to join an innovative team where you are valued for your contributions. As an employee, you will experience career development in a positive, employee-centric environment. We’re a global company that not only offers best-in-class products to our customers but also best-in-class benefits to our employees. Our employees experience a comfortable, friendly environment and relaxed, inclusive culture. %26nbsp;%26nbsp;%3C/p%3E%3Cp%3E%3Cbr%3EBenefits%3Cbr%3EWhen working at Mercedes-Benz North America Corporation, you will enjoy a comprehensive and amenity-rich benefits package offering something for every employee at each stage of their life. %26nbsp;%26nbsp;%3Cbr%3E%3Cbr%3EAs a new employee, you will have the opportunity to take advantage of the following benefits that go beyond – beginning day one:%3C/p%3E%3Cul%3E%3Cli%3EGet Rewarded! %26nbsp; Competitive salary plus an annual bonus based on company performance and/or personal yearly performance %26nbsp; %26nbsp;%3C/li%3E%3Cli%3ENeed a vacation? How about just some time for YOU! In addition to our vacation time, you’ll receive nine%26nbsp;(9) additional corporate holidays and six (6) Personal days, which will allow you to celebrate religious holidays or escape to the spa! Designed to be flexible, we let you decide which days are most important to you!%3C/li%3E%3Cli%3ERide in Style -%26nbsp;All employees are eligible to participate in the Mercedes-Benz Employee Lease Program%26nbsp;%3C/li%3E%3Cli%3EWe want you to be healthy!%26nbsp;%26nbsp;Outstanding medical, dental, and vision insurance, employer-paid short and long term disability plus on-site exercise facilities%3C/li%3E%3Cli%3EIs your family growing? %26nbsp;Enjoy generous paid Family Leave Programs %26nbsp;- Six Weeks for New Parents; Two Days for New Grandparents; as well as Adoption Expense Reimbursement Programs - up to %246k per child %26nbsp; %26nbsp;%3C/li%3E%3Cli%3EWant to go back to school? %26nbsp;Tuition Assistance Scholar Program - receive up to %245,250/year in vouchers to complete business-related coursework%3C/li%3E%3C/ul%3E%3Cp%3E%26nbsp;%3C/p%3E%3Cp%3EJob Overview:%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2847in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2847in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EMercedes-Benz North America (MBNAC) is the shared services organization for operating entities, across the United States, Canada, Mexico, Argentina and Brazil.%26nbsp;The organization provides common core function oversight in the areas of financial, tax, treasury, legal, external affairs, security, audit, investigations, hr, and payroll services, supporting%26nbsp; 15+ entities and approximately 14,000 employees in the region.%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EThe Department Manager of Corporate Finance %26amp; Liquidity Management USA/Canada is responsible for the implementation of Treasury strategy in areas of effective leadership and personnel management, and continuous improvement in management of the processes of liquidity, in-house banking and corporate finance. Tasks include managing the short and long-term liquidity positions, coordinating%3Cspan style=%22mso-spacerun:yes;%22%3E%26nbsp; %3C/span%3Efunding strategies, monitoring capital structure, managing the US %26amp; Canadian In-House Banks, managing external guarantees and contingent liabilities, supporting M%26amp;A projects within the region, maintaining all governance, compliance and legal related issues related to North America Holding companies in close collaboration with attorneys, ensuring tax regulations are considered within Treasury transactions in close collaboration with the in-house tax team and external advisors.%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%3C/p%3E%3C/div%3E%3C/div%3E%3C/div%3E%3Cp%3EResponsibilities:%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2013in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2013in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E•Treasury Strategy:%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3ECommunicate Treasury strategy to the regional team; implement all elements related to Corporate Finance and Liquidity Management. Center of Competence for all North American entities with respect to cash forecasting, equity measures, guarantees, and intercompany funding.%3Cspan style=%22mso-spacerun:yes;%22%3E%26nbsp; %3C/span%3EEnsure adherence to all treasury and compliance guidelines, especially the %22four-eye%22 principle and relevant Treasury policies. (10%)%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2416in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:4.2416in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E•Personnel Management:%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EDirect, manage, lead, motivate and develop allocated employees including setting target agreements and performance evaluations on the basis of the mission statement. Ensure target-oriented internal communication and task-related qualification. Provide for employee and task related qualification regarding the requirements of Compliance. Support the achievement of agreed targets. Achieve and improve motivation of employees. (10%)%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:5.1368in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:5.1368in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E•%26nbsp;Liquidity Management:%3C/p%3E%3Cul%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EManage the daily liquidity position for the US and Canada, provide strategic direction to Liquidity Specialist regarding short-term forecast decisions.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EMake decisions on funding sources to cover daily short-term funding needs.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EDevelop monthly long-term funding plans for US and Canada operations, coordinate effort with Liquidity Management/Capital Markets in Stuttgart headquarters.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EConsult with individual entities to understand cash movements, needs and impacts based on business assumptions and provide support as required.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EManage entity forecasts consolidation, analyze figures, reconcile variances and provide commentary on business updates in a monthly reporting package.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EProvide financial insights and analysis to drive the business performance of the organization for discussion with headquarters Treasury.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EContinuous improvement on communication with the business units and encouraging a mutually beneficial relationship of open communication and constant support. (30%)%3C/p%3E%3C/li%3E%3C/ul%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:5.8541in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:5.8541in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E•In-House Banking:%3C/p%3E%3Cul%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EManage and direct the in-house banking operations the US and Canada, providing insight and transparency on intercompany movements and balances as well as compliance with arms-length tax requirements.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%3Cspan style=%22mso-spacerun:yes;%22%3E%26nbsp;%3C/span%3EAnalyze all intercompany loans to subsidiaries in the US and Canada, analyzing the cash forecast projections to determine the tenor of the need and evaluating the reasonableness of repayment.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3ESupervising the monthly issuance of intercompany loans in the Treasury system, reporting of the intercompany accounts and reporting of the Net Industrial Liquidity of the US and Canada.%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EAssume responsibility for implementing plans for each subsidiary in the US/Canada region to ensure each maintains compliance with debt limit guidelines. (20%)%3C/p%3E%3C/li%3E%3C/ul%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3Cp%3E%26nbsp;%3C/p%3E%3Cdiv%3E%26nbsp;%3C/div%3E
%3Cp%3EQualifications:%3C/p%3E%3Cp%3EApplicants must be legally authorized to work in the U.S. at the time of application. Relocation assistance will not be provided for this position.%26nbsp;%3Cbr%3EThis position requires a minimum of 7-10 years of overall work experience. Preferred experience includes:%3C/p%3E%3Cp%3EMinimum 7 -10 years related professional experience in Treasury, Back Office Operations and/or Banking industry%3C/p%3E%3Cp%3EEducation:%3Cbr%3EHigh School Diploma/(GED) is required, Bachelor%27s Degree is preferred. Recommended majors include:%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:6.0in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:6.0in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EMaster%27s Degree (accredited school) with emphasis in:%3C/p%3E%3Cul%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EBusiness Administration%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EEconomics%3C/p%3E%3C/li%3E%3Cli%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EFinance%26nbsp;%3C/p%3E%3C/li%3E%3C/ul%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EMaster in Financial Management or Economics, Accounting%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3Eln-depth knowledge on Treasury Management, Capital Markets, Economics, Funding and Financial Strategies and Funding instruments (unsecured and securitized). High expertise in usage of relevant information systems i. e. Global Treasury Systems.%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%3Cbr%3ESkills:%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%26nbsp;%3C/p%3E%3Cdiv style=%22border-width:100%;direction:ltr;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:6.0694in;%22%3E%3Cdiv style=%22direction:ltr;margin-left:0in;margin-top:0in;width:6.0694in;%22%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EMust have 10+ years (total) of experience in the following:%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EFinance:%3Cspan style=%22mso-spacerun:yes;%22%3E%26nbsp; %3C/span%3EComprehensive knowledge on derivatives and other financial instruments; Knowledge and understanding of the implications of key financial indicators;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3ETechnical:%3Cspan style=%22mso-spacerun:yes;%22%3E%26nbsp; %3C/span%3EUnderstanding of IT interface setup for banking payments;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EAccounting: Knowledge of internal controls, recording and reporting of financial transactions, including the origination of the transaction, its recognition, processing, and summarization in the financial statements.%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3E%26nbsp;%3C/p%3E%3Cp style=%22font-family:Calibri;font-size:11.0pt;margin:0in;%22%3EParticipation at trainings mandatory for this position (Corporate Academy).%3C/p%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3C/div%3E%3Cp%3E%26nbsp;%3C/p%3E%3Cp%3EPosting Statement%3C/p%3E%3Cp%3EMercedes-Benz North America Corporation offers competitive salary commensurate with experience and a full suite of benefits including 401(K) with match, generous vacation and personal time, performance-based bonuses, a Mercedes-Benz car program and more.%3C/p%3E%3Cp%3EEEO/Minorities/Females/Disabled/Vets%3C/p%3E%3Cp%3E#LI-JM2%26nbsp;%3C/p%3E Apply Now