Senior Director Treasury

Tenneco is one of the world’s leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 60,000 team members working at more than 300 sites worldwide. Through our four business groups, DRiV, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

This position is responsible for managing the day-to-day treasury operations, the organization, including cash management and applications, hedging, factoring, debt financing, and financial risk management. The ideal candidate will ensure optimal treasury operations, support financial decision-making, and contribute to the company's financial health and growth.

The position may be based in Europe and reports directly to the Executive Director, Treasury of the company. 

Essential Duties and Responsibilities

• Oversee daily treasury operations, including cash flow forecasting, liquidity management, and investment of excess funds.

• Develop and execute strategies for capital structure, debt financing, and interest rate risk management.
• Advise on customer and vendor payment terms including negotiating changes to improve working capital efficiency
• Ensure compliance with internal controls, policies, and procedures in day-to-day conduct and supervision of cash management activities.
• Handle daily cash actions, intercompany funding, trade finance instrument, cash investment, FX trading and cash collection processes to support efficient operations across European boarders
• Drive the development and optimization of process, systems and tools for treasury management.
• Analyze financial market trends to identify risks and opportunities related to foreign exchange, interest rates, and commodities.
• Prepare and present treasury reports to senior management and the board of directors.
• Collaborate with other departments to support company-wide finance initiatives and projects.
• Manage local banking relationships and negotiate bank and service fees for EMEA region
• Play a key role in strategic planning and financial analysis.

Minimum Requirements

Education:  

• Bachelor's degree in Finance, Accounting, Economics or related field; MBA or professional certification (e.g., CTP, CFA) preferred.

Experience:

• Proven experience in a treasury leadership role, preferably within a similar industry.
• Exposure to various working capital management tools & instruments like, letter of credits, short-term financing, factoring, etc.
• Strong understanding of financial instruments, banking regulations, and complex financial management.
• Demonstrated success in developing and implementing treasury operations strategies.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical skills and attention to detail.
• 10 years of Treasury experience for multinational company

Skills

• Proficiency in treasury management systems and advanced Excel skills.
• Experience in international treasury operations and currency risk management.
• Ability to work in a fast-paced environment and manage multiple projects.
• Strategic thinker with strong problem-solving capabilities.

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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.