Job Information
The Hertz Corporation Manager Treasury in Estero, Florida
A Day in the Life:
This role is known for management and oversight with respect to the company’s banking, cash management and corporate debt administration
What You’ll Do:
Design, manage and optimize a banking network for collections, disbursements, corporate level cash operations and investments. Optimization not only includes cash management activities (e.g., investment yields & risk) but, for internal customers, both 1) effective integration of the banking structure into operations and 2) the identification and assessment of opportunities to utilize financial institutions to deliver technology solutions to improve the performance of operations.
Maintain strong financial controls by integrating cash collection and payment controls into the overall control framework of the organization (both financial and operational). Develop appropriate policies and effectively communicate requirements to users.
Manage the overall cost of the banking infrastructure supporting the company’s activities, measured on a per transaction basis.
Manage existing and develop new relationships with appropriate financial services organizations. Negotiate documentation and service fees.
Implement and maintain technology as appropriate to enhance processes and reduce costs
Provide appropriate oversight to employees, train and expand skill sets with the goal of growing team members for opportunities within the finance organization and/or the company.
Manage the Letter of Credit issuance and maintenance process. Identify reduction opportunities with business partners.
Responsible for short-term liquidity forecasting, 13 week rolling cash forecast and reporting to senior management.
Ensure accurate and timely cash activity reporting for daily activities for US and Canada subsidiaries.
Administer corporate debt facilities (bank/high yield bonds) including borrowing/repayment and timely payment of interest and fees.
What We’re Looking For:
Minimum of 5+ years relevant experience
Bachelors degree in Accounting or Finance required
At least 5+ years in treasury, banking financing administration
Strong financial modeling and analytical abilities
Proficient in Excel, PowerPoint
What’s In It For You:
Up to 40% off the base rate of any standard Hertz Rental
Paid Time Off
Medical, Dental & Vision plan options
Retirement programs, including 401(k) employer matching
Paid Parental Leave & Adoption Assistance
Employee Assistance Program for employees & family
Educational Reimbursement & Discounts
Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness
Perks & Discounts –Theme Park Tickets, Gym Discounts & more
The Hertz Corporation operates the Hertz, Dollar Car Rental, Thrifty Car Rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide airport general use vehicle rental companies, and the Hertz brand is one of the most recognized in the world.
US EEO STATEMENT
At Hertz, we champion and celebrate a culture of diversity and inclusion. We take affirmative steps to promote employment and advancement opportunities. The endless variety of perspectives, experiences, skills and talents that our employees invest in their work every day represent a significant part of our culture – and our success and reputation as a company.
Individuals are encouraged to apply for positions because of the characteristics that make them unique.
EOE, including disability/veteran