Global Treasury Manager

Reposted 24 Days Ago
Be an Early Applicant
Bedford, MA
In-Office
Senior level
Appliances • Industrial • Manufacturing
The Role
The Global Treasury Manager oversees treasury operations, debt and foreign exchange management, cash management, and compliance, with a focus on strategic financial planning.
Summary Generated by Built In

Build a career powered by innovations that matter!  At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible.  We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific.  Looking for a great place to work?  You have found it with a culture that embraces teamwork, collaboration and empowerment.  Come explore Novanta.

Company Overview

Build a career powered by innovations that matter!  At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing improving productivity, enhancing people’s lives and redefining what’s possible.  We serve as a trusted technology partner to medical and advanced industrial original equipment manufacturers (OEMs) worldwide, engineering components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications from minimally invasive surgery to robotics to 3D metal printing.

Novanta is a global organization with offices located throughout EMEA, The Americas and Asia Pacific.  Novanta is a publicly traded company on NASDAQ under symbol NOVT.

Business Overview

Novanta’s Corporate and Shared Services teams play an important role in executing the company’s strategic mission and operations. Included in Corporate and Shared Services are the business functions including Finance, Accounting, Human Resources, Information Technology, Legal, Compliance, Corporate Development and Corporate Marketing. The Corporate and Shared Services teams work closely with all Novanta business units to support operating initiatives contributing to the organization’s financial success.

Summary

The Global Treasury Manager will be responsible for global treasury operations, foreign currency management, working capital management, insurance and debt management. Reporting directly to the Treasurer, this position will interact with Accounting, Tax, F&A, Legal, T&E, and external banking partners.

Primary Responsibilities

  • Debt Management

Oversee debt activities and covenant compliance

Manage debt maturities, handle interest payments, and accruals

  • Foreign Exchange Risk Management

Manage the company’s FX program

Analyze the effectiveness of the hedge program

Prepare board reports

  • Strategic Financial Planning

Build a monthly cash forecasting model, utilizing cash through dividends and royalties

Manage intercompany capital structure (prepare dividend declarations, intercompany loans, and return of capital)

  • Cash Management

Manage worldwide banking activity, including cash positioning, internal and external cash transfers, payment services, account administration and controls

  • Merchant Processing

System Administration, support Business Units

Implement if required by Business Units

  • Internal Controls and Compliance

Maintain strong internal control system to ensure SOC compliance

Regularly evaluate and enhance control mechanisms

Perform KYC

  • Insurance Management

Support the Director of Risk Management & Insurance by collecting information for renewal and preparing presentations as needed

  • Company Card Program

Support the Global T&E Manger, issue Domestic and International Cards

Required Experience, Education, Skills, Training and Competencies

  • Bachelor’s degree in finance, Accounting, Economics, MBA, and CTP preferred
  • Experienced in TMS, such as GTreasury and/or Kyriba
  • Technology and System efficiency: excellent Excel skills, Oracle, SAP, FCCS, etc.
  • Ability to bring innovative approaches in analyzing and solving problems; The ideal candidate should be a self-motivated individual with excellent organizational skills, a proactive demeanor, and the ability to work effectively in a fast-paced, multifaceted environment with multiple priorities and tight deadlines
  • Experience with and understanding of Corp Treasury, Insurance and Accounting concepts and challenges
  • Excellent communication and collaboration skills, experience with and understanding of Corp Treasury and Accounting concepts and challenges
     

Travel Requirements   

  • 30%
     

Physical Requirements

  • Mobility to work in a standard office setting and to use standard office equipment, including a computer.
  • Ability to use vison to read computer screen and read printed materials

(*) Common European Framework of Reference for Languages (CEFR)

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.

Top Skills

Excel
Gtreasury
Kyriba
Oracle
SAP
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The Company
Manchester
2,075 Employees

What We Do

Novanta delivers innovations that matter for its medical and advanced industrial OEM customers. If you have a passion for solving complex technical problems that lead to breakthrough performance and that enhance people's lives, come join our growing team.

Here is a sample of the many exciting applications we serve:
• Innovations that ensure the safety of patients and efficient workflows in hospitals using our novel RFID technology
• Innovations in additive manufacturing, also known as 3-D metal printing, using our lightning fast lasers and laser beam steering sub-systems
• Innovations in minimally invasive surgery using our highly reliable insufflators, pumps and visualization systems
• Innovations in robotics and automation using our precision motors, encoders and drives for superior accuracy
• Innovations in smartphone production using our fast, accurate lasers and laser beam steering equipment along with our precision motion systems

The driving force behind our growth is the team of talented professionals who share our commitment to our values, and our passion for innovation and for our customers’ success.

Novanta has deep expertise in precision medicine and manufacturing, medical solutions, and robotics and automation:

Precision Medicine and Manufacturing:
• Continuous wave, ultrafast and CO2 lasers, along with laser beam steering components and sub-systems
Brands: ARGES, Cambridge Technology, Laser Quantum, Synrad

Medical Solutions:
Minimally Invasive Surgery:
• Insufflators, pumps and disposable tube sets; medical visualization systems, video processing and wireless imaging
Brands: NDS, Med X Change, Reach Technology, WOM
Detection & Analysis:
• RFID readers, machine vision solutions, barcode scanning, light and color measurement
Brands: JADAK

Robotics and Automation:
• Motors, encoders, servo drives, air bearing systems and integrated mechatronic solutions
Brands: ATI, Celera Motion (inc. Applimotion, Ingenia, MicroE, Zettlex, Westwind)

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