Position overview

Support the North American Treasury operations and perform daily cash management. Support the monitoring and reporting for all bank accounts and transactions. Support preparation of monthly rolling cash flow forecasts for various U.S. and Canadian subsidiaries. Support the administration of the credit card program. Support local and global projects within Corporate Finance and Treasury.

Roles & responsibilities

Primary responsibilities:

• Perform daily cash management including payment execution, cash positioning, reconciliation, and monitoring of cash pool activity and balances for all North American Porsche subsidiaries (electronic transfers, account balancing, check issuance and deposits, etc.)
• Day to day contact with banks and Porsche subsidiaries for operational issues, or transaction investigation and resolution of inquiries regarding payment transactions
• Prepare, analyze, and consolidate monthly rolling cash flow forecasts for North American affiliates, identifying historical and future variances from prior submitted reports
• Support bank fee analysis and monitoring
• Support the administration of the corporate credit card program and maintain the relationship with card issuing bank incl. monthly review of credit card transactions, monitoring and maintaining credit limits, supporting card holders with their inquiries
• Support managing all aspects related to merchant/credit card acquiring and payment services
• Administer and maintain e-banking and cash management system (incl. review of users, user roles, bank account details, authorized signatories, etc.)
• Support local and global projects within the Corporate Finance and Treasury area to optimize processes and systems
• Collaborate closely with other functions (Finance, Tax, Accounting, IT, Risk, Operations, Legal, etc.)

Education:

Bachelor's degree in Finance, Business, or Economics required

Experience:

• 3+ years of experience in cash management, treasury, financial analysis, accounting or equivalent required
• Knowledge of cash management and bank account administration, as well as understanding of domestic and international banking products and services
• Experience with liquidity management and cash forecasting
• Experience with treasury management systems, banking portals and related technologies
• Certified Treasury Professional (CTP) desirable

Skills:

• Advanced MS Office Skills (e.g. Excel, Power Point, Word)
• Strong analytical and ability to work with a high degree of detail orientation and accuracy
• Excellent problem-solving skills
• Ability to prioritize tasks
• Excellent verbal and written communication skills and ability to effectively communicate and work with cross-functional and cross-geographical teams (e.g. Headquarters in Germany, IT, Accounting, Tax, and Legal)
• Ability to work well independently as well as the ability to work with stakeholders (e.g. Banks, Payment Service Providers, System vendors, etc.)

Competencies:

• Professionalism
• Problem Solving
• Communication
• Teamwork
• Service Orientation
• Adaptability/Flexibility

Percentage of required travel: 0

Schedule/Shift:

Physical requirements

• Must be able to lift 15 pounds at times.
• While performing the duties of this job the employee is required to talk, hear, walk, sit, stand, climb stairs on occasion with prolonged periods of sitting at a desk and working on a computer.
• Must be able to effectively work and complete tasks in an open office/noisy environment.