Parker Hannifin · 5 days ago
Assistant Treasurer
Cleveland, OH
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expParker Hannifin is a Fortune 250 global leader in motion and control technologies and systems. The Assistant Treasurer will manage Domestic and International Treasury services, overseeing global cash management and corporate treasury operations while ensuring compliance with corporate policies and best practices.
HardwareIndustrial ManufacturingManufacturing
Responsibilities
Manage and exercise discretion over the global cash management program, including all data gathering and analysis, cash concentration, management of investment portfolios and management of short-term borrowing programs. Insure best practices on a continuing basis and compliance with corporate policies
Manage and exercise discretion over the ongoing liquidity and related funding needs of the operations and corporate functions
Manage and exercise discretion over the on-going repatriation of capital through distributions from foreign subsidiaries, in cooperation with the Corporate Tax department
Manage and exercise discretion regarding matters of material capital expenditures and leases
Manage and exercise discretion over worldwide FX hedging program, interest rate exposures and cross currency swaps
Manage and exercise discretion regarding matters related to t preparation of material for Executive Management and the Board of Directors, as required
Manage and exercise discretion regarding matters related to special projects, as required
Manage and exercise discretion in matters related to relationships with the consolidated bank group and debt rating agencies on a global basis through continual discussions, and in person interactions on an as needed basis
Manage and exercise discretion in matters related to the global debt portfolio, including SEC filings, negotiation and execution of global syndicated credit agreements, trade Letters of Credit, maintenance of U.S. Commercial Paper program, and inter-company loan portfolio
Manage and exercise discretion in matters related to developing, planning, recommending, executing and monitoring optimal capital structure for the consolidated entity, and the placement of debt in both U.S. and International capital markets
Manage and exercise discretion in matters related to planning and executing financing and treasury integration for acquired companies
Manage and exercise discretion in corporate capital allocation matters including dividends, stock repurchases, and acquisitions and divestitures
Manage and exercise discretion in matters related to representing Corporate Treasury on inter-departmental project groups for corporate initiatives requiring treasury input
Qualification
Required
Bachelor's degree required, preferably in Accounting or Finance
Minimum of 10 years of progressive finance experience at the managerial level, with experience in Treasury Operations
Proven track record of setting clear goals and delivering results within a collaborative, continuous‑improvement environment
Demonstrated success in recruiting, training, supervising, and developing high‑performing teams
Strong ethical judgment, excellent written and verbal communication, and superior relationship‑building and presentation skills
Commitment and interest in long‑term advancement into senior finance leadership roles (e.g., VP – Treasurer)
Willingness to travel internationally as required
Preferred
MBA or equivalent strongly preferred
Certified Cash Manager (CCM) or equivalent/advanced Treasury certification preferred; additional professional credentials (e.g., CPA) highly desirable
Multilingual proficiency (oral and written) is highly preferred
Company
Parker Hannifin
Parker Hannifin manufactures motion and control technologies, delivering precision-engineered solutions across various markets.
10001+ employees
H1B Sponsorship
Parker Hannifin has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (26)
2024 (30)
2023 (26)
2022 (31)
2021 (23)
2020 (33)
Funding
Current Stage
Public CompanyTotal Funding
$4.13MKey Investors
Advanced Propulsion Centre UK
2016-01-18Grant· $4.13M
1978-01-13IPO
Leadership Team
Todd M. Leombruno
Executive Vice President and Chief Financial Officer
J
John Dedinsky
Corp. VP Global Supply Chain & Procurement
Recent News
2026-01-03
GlobeNewswire
2025-12-12
Company data provided by crunchbase