Foreign Exchange Manager jobs in Philadelphia, PA

What we're looking for:

• Education: BS in a related field (accounting, finance, economics)

• Experience: 8 years total experience, ideally with 2 years in foreign currency and FX derivatives (must have FX Forward)

  • Experience implementing a hedging program(s)

  • Familiarity with SAP and FX electronic trading platforms

  • Some team leadership experience preferred

Who you are:

• Strong oral and written communication skills

• Strong negotiation skills

• Strong working knowledge of MS Excel (PowerPoint a plus)

• Strong working knowledge of SAP

• Self-motivated and organizationally-effective individual

• Full understanding of Foreign Exchange

• Full understanding of US GAAP

• Ability to work in a multi-cultural environment

• Proven ability to work independently, coordinate the efforts of others as well as work well with people at a wide range of levels

• Organizational, time-management and setting & meeting deadlines

• Ability to multitask and work well under pressure and tight deadlines while retaining strong attention to detail

• Knowledge of corporate finance, financial reporting, risk management, capital markets and foreign exchange

• Ability to perform research on complex accounting matters; including ASC 815

• Experience working in an environment requiring quick turn around and in-depth financial analysis

How you will create an impact:

• Assess global subsidiary balance sheet positions to identify and enumerate FX exposures in conjunction with local Finance team members

• Liaise with Treasury, FP&A and Accounting to implement FX hedging strategy to mitigate FX revaluation risk and collaborate on inter-company transactions

• Partner with Treasury, FP&A and Accounting to develop and implement FX Risk management standard methodologies, policies and strategies based upon the Company's balance sheet objective and liquidity risk management practices including use of spots and forwards, swaps, and options trading

• Collaborate with Accounting for all Treasury related derivative activity

• Prepare FX analytical reporting required to effectively monitor foreign exchange risk, and report results of risk mitigation efforts

• Ensure compliance with internal controls, policies and procedures impacting FX transaction management activities and propose the design and implement new controls and processes where required

• Identify opportunities for finance transformation, modernization and automation including system implementations and functional optimization

• Actively collaborate with Accounting teams to transfer knowledge on FX derivative transactions and ensure proper recordation under US GAAP, consistent with best practices

• Ability to leverage process partners and team members in completion of the assigned task, projects, and responsibilities.

#LI-Hybrid

#LI-RM1

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.

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