Job Information
Flowserve Corporation Global Cash Manager in Irving, Texas
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.
Company Overview:
If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!
GLOBAL CASH MANAGER
The Global Cash Manager position reports to the Assistant Treasurer and manages a team that supports global cash and banking operations based in Irving, TX. This position is responsible for managing daily global cash, FX risk management, In-House Banking operations, intercompany netting, and SOX control to support the global need of Flowserve. This position requires strong communication skill to both internal and external stakeholders (banks and service providers) and ability to handle multiple tasks under tight deadlines with minimal supervision.
Role Responsibilities:
The Global Cash Manager is responsible for forecasting cash and monitoring both long- and short-term liquidity requirements of Flowserve
Responsible for developing an effective framework for managing FX exposures and delivering an efficient utilization of cash
Responsible for developing and managing cash dashboard including monitoring KPI for cash and liquidity by leveraging technology for data insight
Develop and deploy operational cash management processes such as cash pooling, inter-company netting, and In-House Banking
Support day-to-day banking relationships and support the documentation requirements to open, close, and amend bank accounts
Streamlining bank account structure and rationalizing bank accounts
Perform bank fee analysis and lead the execution of ad-hoc treasury projects to improve efficiencies
Support a strong internal controls environment and assist with audit internal and external audit when requests are received
Work with site controllers, Business Support Center, accounting, and tax group and provide support for the monthly, quarterly, and annual close process
Required Experience / Skills:
Bachelor’s degree in finance, economics and/or accounting required.
Minimum of 5-7 years of progressive corporate finance experience
Experience working cross-border with multiple legal entities
Excellent communication (written and verbal), analytical and interpersonal skills
Attention to detail and track record of process improvements that drives efficiency
Proficient in Microsoft Office (Excel, PowerPoint, Word) and knowledge of Treasury Management System (FIS Integrity) and other financial systems (Refinitiv Eikon, FXall, BPC, etc.)
Strong commitment to Flowserve’s values (people, safety, integrity, innovation, ownership, and excellence)
Preferred Experience / Skills:
Advanced degree or CTP certification preferred
Experience in corporate treasury/cash management or banking treasury management preferred
Benefits Starting Day 1:
Medical, Dental & Vision Insurance (including FSA and HSA options)
Life Insurance + Supplemental Life, Child, Spousal, and AD&D Insurance
Short and Long Term Disability
Retirement Planning, 401(k) plan, & Financial Wellness Resources
Educational Assistance Program
Time off Policies (including sick leave, parental leave, and paid vacation)
Eligibility requirements apply to some benefits and may depend on job classification and length of employment.
Req ID : R-14308
Job Family Group : Finance & Accounting
Job Family : FA Treasury/Risk Management
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.