Senior Treasury Manager

Who We Are BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health. Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities. Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options. About Corporate Groups It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin. DESCRIPTION BioMarin is the world leader in delivering therapeutics that provide meaningful advances to patients who live with serious and life-threatening rare genetic diseases. We target diseases that lack effective therapies and affect relatively small numbers of patients, many of whom are children. These conditions are often inherited, difficult to diagnose, progressively debilitating and have few, if any, treatment options. BioMarin will continue to focus on advancing therapies that are the first or best of their kind. By providing a foundation for all operations company wide, BioMarin’s General and Administrative teams support our mission of providing first and best in class therapeutics to patients who live with rare diseases. Our teams include groups such as finance, legal, human resources, corporate compliance and ethics, and information technology. Come join our team and make a meaningful impact on patients’ lives. POSITON SUMMARY Reporting to the Treasurer, this role will lead the Treasury Operations, Investments and Technology for the Global Treasury function including team members in San Rafael, California and Dublin, Ireland. This will include support for post-SAP implementation and engagement across multiple functions and with the SAP Project workstream teams. The role will be critical to fundamentally changing how we work and how the systems and tools we use are connected. In addition, this will be the leader for Treasury projects leveraging our best-in-class systems which bridge across all our functional areas including Treasury Operations, Bank Infrastructure and Investments. This role will require someone with multi-national corporate treasury experience who is highly technical, hands-on, detail oriented, with strong organizational and communication skills. The ideal candidate would be someone interested in developing themselves in all aspects of corporate treasury function, but with an incredibly strong grounding in cash management and technology. RESPONSIBILITIES Treasury Operations, Short-Term Liquidity Forecast and Treasury Projects Cash Management Operations: Manage worldwide banking activity, including cash positioning, internal and external cash transfers, payment services, account administration and controls Banking Infrastructure Configuration and Maintenance: Help design, implement and maintain worldwide banking infrastructure to allow for optimal use of cash, strong bank to ERP integration and growing transaction volumes. Help optimize use of Cash Management module in ERP system, be part of team implementing auto postings and auto reconciliation functionality. Cash Forecasting: Manage the company’s short-term cash forecasting process utilizing bank systems, ERP system and potentially TMS system. Intercompany Transaction Management: Monitor intercompany balances, help plan and manage intercompany trade and loan settlements. Own and manage process improvements projects in the regions (cash management tool utilization), drive regions to adapt STP process for payments Improve and monitor Treasury operational policies, oversee SOX compliance and support internal and external audit requirements Technology and Foundation Treasury expert supporting post go-live SAP, liaising closely with the record-to-report workstream leadership team as well as existing business partners throughout Finance and IT. Coordinates communication with all impacted internal areas on the scope, budget, risk, and resources of the work effort being managed. Executes on project activities with activities of business unit(s). Coordinates request for changes from original specifications and ensure proper change communication and impact analysis. Works closely with the end user, business technologists, and others to understand and prioritize business goals and information needs; participate in the implementation of services, gathering requirements and design specifications; refines conceptual systems design requirements into the technical design. Bank Infrastructure and Services Leverage relationships with new and existing banking partners. Ensure high levels of service are provided to corporate business partners (AP, FP&A, Accounting) and opportunities for efficiencies are identified and evaluated. Continuously evaluate banking products and services to improve operating efficiencies and controls. Support best-in-class initiates around fraud prevention, risk mitigation, straight through processing and governance Investments Investment Portfolio Management: Manage external investment managers, monitor compliance, facilitate accounting and reporting process including CECL analysis. Ensure optimized liquidity allocation for returns, share-of-wallet and counterparty risk in close alignment with the Treasurer and Assistant Treasurer Support related SOX and internal controls Required Skills: Strong familiarity with process design based on ERP platform enablement (preference for SAP ECC or SAP S/4 HANA either as a user or as part of an ERP implementation) Project Management experience with focus on Treasury Management and/or Financial Institution Implementation Process, including managing multiple projects simultaneously Work with subject-matter, technical, and data experts to define and propose solutions to address issues and mitigate risks Ability to communicate and present technology concepts and solutions to non-technical executive management and business requirements to technologists Strong understanding of treasury operations, corporate banking practices, along with key systems and solutions Experience managing multiple projects simultaneously Desire to share knowledge in a cooperative fashion, to be a team player, with excellent communication and organizational skills Strong work ethic, attention to details, ability and willingness to work effectively independently as well as part of a team Strong teamwork and interpersonal skills at all levels of management. Ability to establish and maintain a high level of customer trust and confidence. Education and Experience University degree in Economics, Business, Accounting or Finance is preferred 7-10 plus years of experience in multi-national Corporate Treasury department Treasury Qualification (CTP) is a plus Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned. Equal Opportunity Employer/Veterans/Disabled An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.