Treasury Manager- FX, Deloitte Global Finance

Deloitte Global is the engine of the Deloitte network. Our professionals reach across disciplines and borders to develop and lead global initiatives. We deliver strategic programs and services that unite our organization.

Role Overview:

As a Treasury Manager within Deloitte’s Global Finance Team, you will play a critical role in managing day-to-day treasury operations, including foreign exchange (FX) hedging, cash management, and cash flow forecasting. You will provide strategic insights and operational leadership to support senior management in optimizing treasury functions across the organization. This role requires a proactive, organized, and hands-on professional who thrives in a fast-paced, matrixed environment. The Treasury Manager will report directly to the Senior Manager and Director of Treasury Operations. The Treasury Manager will oversee a team of Treasury Analysts and work closely with other finance and accounting departments.

Key Responsibilities:

• Strategic Leadership: Develop and implement strategic initiatives to optimize treasury operations and support the organization's financial goals.
• Technological Proficiency: Leverage advanced treasury management systems (e.g., SAP, 360T) to enhance operational efficiency and accuracy.
• Compliance and Risk Management: Ensure compliance with all regulatory requirements and internal policies and proactively manage financial risks to safeguard the organization's assets.
• Collaboration and Communication: Collaborate with cross-functional teams and communicate complex financial concepts to senior management and other stakeholders effectively.
• Continuous Improvement and Innovation: Identify opportunities for process improvements and implement innovative solutions to enhance treasury operations.
• Professional Development: Stay updated on industry trends and best practices and pursue relevant certifications and training to enhance expertise.

Foreign Exchange (FX) Management

• Assess, manage, and mitigate foreign currency risks.
• Stay updated on FX market trends and regulatory changes.
• Oversee the cash flow hedging program, including trade execution, reporting, performance tracking, and controls.
• Enhance processes related to FX exposure collection and monitoring.
• Perform FX exposure analysis, including sensitivity and modeling.
• Execute FX trades using platforms such as 360T.
• Manage post-trade activities like confirmations and reconciliations.
• Report on hedging effectiveness and ensure compliance with hedge accounting standards.
• Manage balance sheet hedging programs.

Cash Management and Forecasting

• Manage cash positioning and cash flow forecasting (short and long-term).
• Conduct scenario analysis to support rolling forecasts and senior leadership reporting.
• Oversee cash reconciliations, exception resolution, and banking administration functions.
• Handle back-office activities for debt, investment, FX transactions, intercompany settlements, and short-term investments.
• Manage debt obligations and ensure covenant compliance.
• Support internal and external audits and contribute to treasury accounting policies and controls.
• Lead or support treasury management system implementations (e.g., SAP).
• Develop and maintain treasury metrics dashboards and process documentation.
• Recommend and implement process improvements and automation initiatives.

Collaboration and Leadership

• Partner with cross-functional teams such as FP&A, Global Payments, and Content Acquisition to provide treasury expertise.
• Serve as a subject matter expert on foreign currencies, cash flow forecasting, and regulatory requirements.
• Supervise, train, and mentor Treasury staff, fostering a high-performance team environment.

Global Finance provides the most cutting-edge and insightful research and analysis of the financial health of the entire Deloitte organization around the world. We advise, guide, and monitor global initiatives in five major areas: tax, member-firm reporting, finance and accounting, strategic projects, and financial analysis.

The salary range for this position is $85,000 - $156,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.