Director of Treasury

At Tenneco, we don’t follow industry standards; we set them, and we don’t settle for being best-in-class because we hustle to be better than best-in-class. Whether it’s our Core Values – radical candor, simplify, organizational velocity, tenacious execution and win – or our Get Stuff Done (GSD) mindset, we’re determined to become the most trusted partner and best manufacturer and distributor to the transportation industry.

With a product portfolio as expansive as it is innovative, an obsessive commitment to quality and excellence, and a global presence, we’re all about getting stuff done, so we can win.

How do we make it happen? Through the Tenneco Way. Fueled by our Core Values, a winning mindset and a relentless commitment to excellence, the Tenneco Way is how we win. It’s what keeps Team Tenneco bold, driven, and unapologetically focused on pushing past limits and redefining success.

Here, you’ll work alongside a team of relentless problem-solvers who are committed to making a tangible impact. If you’re ready to break boundaries, deliver results, and enjoy the ride along the way, you’ll thrive here.

Want to learn more about who we are? Check out our website to discover the Tenneco Way

Job Title: Director of Treasury

Location: Northville, MI

Tenneco is one of the world’s leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 71,000 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.

The Director, Treasury – North America leads regional treasury strategy and execution across the United States, Canada, and Mexico while providing FP&A oversight on cash, cash generation, and capital efficiency. This role owns NA liquidity planning, cash forecasting, bank relationships, funding execution, treasury controls, and working capital optimization, and translates operational and commercial drivers into actionable outlooks for leadership. The Director serves as a key advisor to the NA CFO/Finance leadership and Global Treasury on liquidity, risk, and performance.

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

Essential Duties and Responsibilities

• Own NA liquidity strategy and governance: daily cash positioning oversight, liquidity buffers, contingency planning, and escalation protocols.
• Lead NA cash forecasting (daily/weekly/13-week) and variance analysis; drive improvements in forecast accuracy and transparency by entity and currency (USD/CAD/MXN).
• Oversee regional funding activities in coordination with Global Treasury: revolver draws/repayments, intercompany funding, cross-border cash movements, and support for LCs/guarantees as required.
• Lead NA working capital program in partnership with Procurement, Supply Chain, AR/AP, and plant finance: DPO/DSO, inventory turns, supplier/customer terms, and process improvements.
• Evaluate and support working capital tools/programs (e.g., supply chain finance, dynamic discounting) where appropriate.
• Establish targets, track initiatives, and ensure benefits flow through to cash and forecast.
• 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
• Own NA Kyriba operating model: cash positioning structure, forecast modules, bank connectivity, payment workflows, and controls configuration.
• Drive standardization of payment processes across NA (including plants and shared services) and improve straight-through processing (STP).
• Maintain treasury policies, procedures, and desk manuals; ensure data integrity and governance across SAP and Kyriba.
• 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.

Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities