Midea RAC North America · 1 month ago
Senior Treasury Specialist
Parsippany-Troy Hills, New Jersey, United States
Full-time
Onsite
Mid, Senior Level
3+ years expMidea America Corp. is a subsidiary of the Fortune 500 giant Midea Group, known for its innovative home appliances. The Senior Treasury Specialist will manage various treasury activities including account management, trade financing, and risk analysis while ensuring compliance with internal and external audits.
Electrical & Electronic Manufacturing
Responsibilities
Participate in companies’ treasury business, focusing on clearance and settlement, account management, trade financing, internal loans, bank loans, investment and wealth management, FX settlement, and other treasury-related activities
Manage bank accounts, authorization matrices, and internet-banking authorizations; conduct regular KYC reviews; assist in completing internal and external audit tasks. and contribute to the enhancement of the treasury management system
Collect and analyze data on cash positions, financial status, foreign exchange risks, hedging, and capital planning to proactively alert abnormal situations. Establish the overseas treasury information reporting mechanism in alignment with HQ requirements (content, frequency, format)
Monitor treasury management processes and collaborate in building an overseas treasury risk alert system, based on the Group Approval Matrix
Participate in the establishment of an overseas treasury platform; standardize operational standards/models for overseas treasury activities; enhance regional treasury service capabilities
Organize and promote overseas treasury shared services, integrate cross-system resources, and drive the adoption of treasury management solutions
Coordinate treasury integration for newly established or acquired entities; execute integration plans and ensure consistent treasury management practices aligned with group principles
Participate in centralized fund operations, perform daily cash pool management, monitor the operational status in real time, and raise fund promptly to ensure the normal regional business operation
Qualification
Required
Major in Finance, Economics, Accounting or related areas; Bachelor or above
Bilingual in Mandarin Chinese is mandatory due to business connection with Head Square in China
English and Chinese Mandarin needed due the participation with the HQ on China
More than 3 years of experience in multinational corporate fund management or business in financial institutions
Perform good independent working ability, executive ability and teamwork spirit; Work carefully and have strong sense of responsibility
Preferred
Proficiency in Spanish or Portuguese is preferred (plus)
Benefits
Insurance package.
401(k).
Work life balance.
Comprehensive benefit package, to learn more, please visit Careers Page (midea.com)
Company
Midea RAC North America
Midea Residential Air Conditioning, subordinated to Midea Group, was started its industrial journey in 1985 when Midea achieved a global industrial layout for its residential air conditioners since the debut of its first air conditioner.
10001+ employees
Funding
Current Stage
Late StageCompany data provided by crunchbase