Manager, Treasury, Ship Funding
About the position
One of the best-known names in cruising, Princess is the world’s leading
international premium cruise line and tour company, carrying millions of guests
each year to hundreds of destinations around the globe. We give our guests the
Medallion Class experience others simply cannot. The Love Boat promises
something for everyone.
We are looking for an experienced finance professional for this role. The
Treasury Manager Fleet Funding role supports critical cash management functions,
bank account administration, SOX and internal controls, and letters of
credit/bank guarantees. In addition to working closely with our banks and
internal business partners (including accounts payable, cash operations,
payroll, legal, and tax.) The role is part of a small Princess brand-centric
Treasury team, and entails working in a fast paced, high volume treasury
operations environment.
The primary focus of this role is to manage the current Ship Funding workflow
and processes. This involves the forecasting and cash management of cash onboard
all ships within the Princess fleet. The incumbent will coordinate with various
banks to arrange scheduled multi-currency cash deliveries to the ships via
several armored car courier vendors across multiple global regions.
Additionally, the incumbent is responsible for the transformation of the current
workflow to progress workflow automation, analytics and enhancements to provide
sr mgmt. real time KPI's, to better manage the onboard cash funding request
evaluations and reporting.
This role also supports the General Treasury team with processing Treasury wires
across various banking platforms utilizing multi-currency payment types, daily
cash positioning, and short- and medium-term cash forecasting including variance
analysis. The incumbent will have oversight of bank account administration
across a variety of countries, currencies and legal entities. This includes
opening and closing accounts, bank resolution and authorized signer updates,
researching banking services and diligently maintaining accurate bank account
records. In addition to day-to-day treasury operational activities will also be
required to manage various SOX and compliance deliverables, as well as Treasury
projects and various other process improvement and strategic projects throughout
the year.
Here is a summary of what Princess is looking for in its Treasury Fleet Funding
Manager. Is this you?
Responsibilities
• Manage the existing vessel cash funding process, cash forecasting and
variance analysis support, with oversight of one staff member.
• Liaise with individual ships and cash courier vendors as applicable.
• Coordinate with Corp Treasury & Shipboard accounting teams to drive
automation & enhancements to the current process.
• Develop management analytics to support this function
• Support daily Treasury operational cash management functions, such as: cash
forecasting and liquidity management; processing/reviewing/approving high
value wires; initiating FX and money market fund trades.
• Assist with bank account administration, including opening and closing
accounts, signer updates/reporting, service changes and updates, and
compliance reporting.
• Coordinate/lead/support periodic Treasury compliance reviews for submission
to Corporate Treasury.
• Complete Treasury process improvement projects relating to strategic business
changes.
• Maintain follow up tasks and project status updates.
• Perform detailed data collation, analysis and presentation.
• Action assigned Treasury tasks on cross-functional team projects.
Requirements
• Bachelor's Degree - Finance, Accounting, Economics, Business Administration
• Minimum 5+ years of finance experience in corporate treasury, preferably with
multinational experience
Nice-to-haves
• CTP certification desirable
Benefits
• Cruise and Travel Privileges for You and Your Family
• Health Benefits
• 401(k)
• Employee Stock Purchase Plan
• Training & Professional Development
• Tuition & Professional Certification Reimbursement
• Rewards & Incentives
Apply tot his job
Apply To this Job
One of the best-known names in cruising, Princess is the world’s leading
international premium cruise line and tour company, carrying millions of guests
each year to hundreds of destinations around the globe. We give our guests the
Medallion Class experience others simply cannot. The Love Boat promises
something for everyone.
We are looking for an experienced finance professional for this role. The
Treasury Manager Fleet Funding role supports critical cash management functions,
bank account administration, SOX and internal controls, and letters of
credit/bank guarantees. In addition to working closely with our banks and
internal business partners (including accounts payable, cash operations,
payroll, legal, and tax.) The role is part of a small Princess brand-centric
Treasury team, and entails working in a fast paced, high volume treasury
operations environment.
The primary focus of this role is to manage the current Ship Funding workflow
and processes. This involves the forecasting and cash management of cash onboard
all ships within the Princess fleet. The incumbent will coordinate with various
banks to arrange scheduled multi-currency cash deliveries to the ships via
several armored car courier vendors across multiple global regions.
Additionally, the incumbent is responsible for the transformation of the current
workflow to progress workflow automation, analytics and enhancements to provide
sr mgmt. real time KPI's, to better manage the onboard cash funding request
evaluations and reporting.
This role also supports the General Treasury team with processing Treasury wires
across various banking platforms utilizing multi-currency payment types, daily
cash positioning, and short- and medium-term cash forecasting including variance
analysis. The incumbent will have oversight of bank account administration
across a variety of countries, currencies and legal entities. This includes
opening and closing accounts, bank resolution and authorized signer updates,
researching banking services and diligently maintaining accurate bank account
records. In addition to day-to-day treasury operational activities will also be
required to manage various SOX and compliance deliverables, as well as Treasury
projects and various other process improvement and strategic projects throughout
the year.
Here is a summary of what Princess is looking for in its Treasury Fleet Funding
Manager. Is this you?
Responsibilities
• Manage the existing vessel cash funding process, cash forecasting and
variance analysis support, with oversight of one staff member.
• Liaise with individual ships and cash courier vendors as applicable.
• Coordinate with Corp Treasury & Shipboard accounting teams to drive
automation & enhancements to the current process.
• Develop management analytics to support this function
• Support daily Treasury operational cash management functions, such as: cash
forecasting and liquidity management; processing/reviewing/approving high
value wires; initiating FX and money market fund trades.
• Assist with bank account administration, including opening and closing
accounts, signer updates/reporting, service changes and updates, and
compliance reporting.
• Coordinate/lead/support periodic Treasury compliance reviews for submission
to Corporate Treasury.
• Complete Treasury process improvement projects relating to strategic business
changes.
• Maintain follow up tasks and project status updates.
• Perform detailed data collation, analysis and presentation.
• Action assigned Treasury tasks on cross-functional team projects.
Requirements
• Bachelor's Degree - Finance, Accounting, Economics, Business Administration
• Minimum 5+ years of finance experience in corporate treasury, preferably with
multinational experience
Nice-to-haves
• CTP certification desirable
Benefits
• Cruise and Travel Privileges for You and Your Family
• Health Benefits
• 401(k)
• Employee Stock Purchase Plan
• Training & Professional Development
• Tuition & Professional Certification Reimbursement
• Rewards & Incentives
Apply tot his job
Apply To this Job