Manager, Treasury

Job Description

Requisition ID: 68489

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

The team you will be a part of

The Treasury team performs treasury operations involving cash funds, foreign exchange, debt and capital management. Ensures that financial transactions, policies, and procedures meet organization objectives, needs, and regulatory body requirements.

Your Responsibilities Will Include

Treasury function

- Responsible for negotiation and implementation of all agreements related to Cash Management Services/limits for the banks
- Develop a daily cash position to utilize all possible funds available and ensure investment of surplus funds in fixed income/mutual funds
- Execute fund transfers, perform Cash positioning, and coordinate cash flows
- Borrowing/Raising Funds from banks -Non fund based
- Analyze daily cash flows with forecasts- identify, investigate and resolve problems on cash flows & reporting
- Responsible for trade documents like LC and BGs
- Exposure on Forex Exchange, Hedging strategy & Forwards contracts
- Develop strong relationships with all key stakeholders to provide an integrated and consistent customer experience across all delivery channels.
- Ensure compliance with Group standards, regulatory and compliance requirements.
- Responsible for Annual Bank account inventory
- US Global reporting and compliances
- Cash Repatriation & Dividend Distribution

Company Insurances

- Evaluating Risks & ensuring adequate Insurance Coverage for the same
- Coordinating with Finance & HR teams to ascertain the value for coverage for
- Capex Plans for fixed assets coverage
- Purchase Plans for Marine cover
- Inventory projections for Warehouse Insurance policies
- Headcount & related information for Group Medical Insurance Cover
- Ensuring compliance to terms of Insurance Policies
- Coordinating with Insurers for recovery of claims, if any

Minimum Requirements

Minimum 5 years of experience into similar domain (Treasury, Investment Banking, FX, Hedging strategies etc)

MBA in Finance would be an added advantage

Open for Work from Office, Gurgaon Location

Preferred Skills And Experiences

- Personal Credibility: The quality of being perceived as trustworthy, that comes from building relationships, ensuring rigor and relevance in one&aposs work, and consistently achieving great results.
- Business Acumen: The application of a broad understanding of the business, the external environment, and cross-functional dependencies that results in highly effective business solutions.
- Data Analysis & Problem Solving: Being able to draw conclusions about the information collected from the data & to come up with quick and practical solutions.
- Communication Skills: To have good verbal/written communication skills

Connect with us and learn more about Whirlpool Corporation

See what it&aposs like to work at Whirlpool by visiting Whirlpool Careers. Additional information about the company can be found on Facebook, Twitter, LinkedIn, Instagram and YouTube.

At Whirlpool Corporation, we value and celebrate diversity. Whirlpool Corporation is committed to equal employment opportunity and prohibits any discrimination on the basis of race or ethnicity, religion, sex, pregnancy, gender expression or identity, sexual orientation, age, physical or mental disability, veteran status, or any other category protected by applicable law.