Assistant Treasurer

Posted on Oct 7, 2024 by Enerpac Tool Group Corp
Menomonee Falls, WI
Other
Immediate Start
Annual Salary
Full-Time
Overview:

ENERPAC – Who we are: 

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. 

Enerpac Tool Group offers branded hydraulic and mechanical tools, including cylinders, electric pumps, hydraulic torque wrenches, cutters, and engineered heavy lifting technology solutions. In addition to products, Enerpac offers services and tool rentals for several markets, including wind, industrial, mining, rail, power generation & oil & gas. Enerpac products are available worldwide through a network of 1,000 distributor partners. With 28 facilities in 22 countries, Enerpac provides the technical support and the hydraulic expertise needed to support the servicing of standard tools, designs custom products for unique applications and develops solutions to move some of the largest structures on earth. 

Enerpac’s long-term goal is to create shareholder value and best-in-class returns through growth of the core businesses, driving efficiency and profitability, generating strong cash flow, and being disciplined in the deployment of capital. Enerpac leverages its strong brand, market positions, dealer, and distribution networks to generate organic sales growth that exceeds end-market growth rates. Organic growth is accomplished through a combination of market share capture and product innovation, as well as market expansion into new vertical markets, emerging industries, and new geographic regions. In addition to organic growth, Enerpac also focuses on profit margin expansion by utilizing continuous improvement techniques to drive productivity and lower costs and by implementing strategic pricing initiatives. Finally, cash flow generation is critical to achieving financial and long-term strategic objectives. Strong cash flow generation is achieved by maximizing returns on assets and minimizing primary working capital needs. The cash flow that results from efficient asset management and improved profitability is used to fund internal growth opportunities, strategic acquisitions, paydown of debt and opportunistic returns to shareholders. For further information on Enerpac Tool Group and its businesses, visit the Company's website at .  

Summary

Reporting to the VP, Treasurer, the Director, Treasury is responsible for the day-to-day Treasury Department operations, including cash/liquidity management, foreign exchange, leasing, real estate transactions, and insurance.   Assesses the products, services, technologies and systems that are available and appropriate for treasury departments. Oversees the development and implementation of effective treasury management systems, banking structures, policies, and operational procedures.  Assists in building financial models and analyses to support capital structure and long-term liquidity planning.  Responsible for bank and broker relationship management. Assists in meeting overall treasury department’s policies and regulatory requirements.  

Job Duties and Responsibilities include:

Manages financial risk as it relates to treasury operations, including interest rate, FX, and insurable risk

Analyzes and recommends potential alternative financing structures and explains/shows their impact on EPS, balance sheet, tax effects and financial ratios

Manages and negotiates bank and brokerage relationships

Develops and implements cash management operational strategies

Assesses foreign exchange risk and implements hedge programs and strategies.

Monitors and prepares loan covenant compliance

Reviews monthly key reported financials including cash, debt, FX gain/loss and interest expense

Supports M&A activity related to treasury functions, including finance modeling, due diligence and treasury integration

Ensures proper controls are in place for regulatory requirements, such as FBAR, SOX, FAFCA and Dodd- Frank

Oversees all back office support for in-house banking, netting, and pooling

Assists with insurance coverages, real estate management or specialized financing as needed

Assists with reporting for the board and external financial institutions

Skills and Competencies

Analytical skills

Verbal and written communication skills (Ability to act as an organization-wide change agent, communicating effectively at all levels of the organization)

Excellent financial modeling skills

Organizational and project management skills and ability to handle multiple projects and deadlines simultaneously from design through to implementation

Leadership skills (Proactive, well organized and results-oriented, with the ability to lead and participate in multiple projects and competing priorities simultaneously)

Detail-oriented

Continuous-improvement mindset

Troubleshooting / creative problem-solving skills

Education and Experience

Bachelor’s degree in finance, accounting, or real estate required; MBA and/or CPA preferred

8-10 years experience in relevant financial roles of increasing responsibility in financial management

Supervisory experience

Good understanding of bank credit agreement provisions, capital markets, and macro-economic trends

Experience in a global organization required

Proficiency with Microsoft Office products

Experience with HFM and/or Oracle systems

Familiarity with Generally Accepted Accounting Principles (GAAP), IFRS

Physical Demands 

Employee will have to be able to walk/climb to a variety of primary work locations. Employee will need to listen, understand, and speak with team members in person, telephonically, and electronically at all levels within a diverse workforce and with supported organizations. Employee is able to work in front of a personal computer and telephone for long periods of time.

  

Work Environment 

Primary work environment is temperature-controlled office setting, but may also include typical warehouse environment on occasion, where following appropriate safety protocols at the location would be required. Employee will be exposed to low levels of noise in an office.

The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation will be made to enable individuals with disabilities to perform the essential functions. If you’re looking for a unique, exciting career with variety and potential for growth, Enerpac Tool Group offers challenges & extraordinary rewards for people on a global scale.  Never Compromise – choose ETG! EEO/AA (W/M/Vets/Disability) Employer 

Diversity Statement

We are committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We will ensure your application is fairly considered and if hired, you will have an equitable opportunity to give your best at work, not because we’re required to, but because it’s the right thing to do. Enerpac Tool Group will provide reasonable accommodations within the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, reach out to our Talent Acquisition Team for additional information.

#LI-AB1



Reference: 200034610

https://jobs.careeraddict.com/post/95923154

Assistant Treasurer

Posted on Oct 7, 2024 by Enerpac Tool Group Corp

Menomonee Falls, WI
Other
Immediate Start
Annual Salary
Full-Time
Overview:

ENERPAC – Who we are: 

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. 

Enerpac Tool Group offers branded hydraulic and mechanical tools, including cylinders, electric pumps, hydraulic torque wrenches, cutters, and engineered heavy lifting technology solutions. In addition to products, Enerpac offers services and tool rentals for several markets, including wind, industrial, mining, rail, power generation & oil & gas. Enerpac products are available worldwide through a network of 1,000 distributor partners. With 28 facilities in 22 countries, Enerpac provides the technical support and the hydraulic expertise needed to support the servicing of standard tools, designs custom products for unique applications and develops solutions to move some of the largest structures on earth. 

Enerpac’s long-term goal is to create shareholder value and best-in-class returns through growth of the core businesses, driving efficiency and profitability, generating strong cash flow, and being disciplined in the deployment of capital. Enerpac leverages its strong brand, market positions, dealer, and distribution networks to generate organic sales growth that exceeds end-market growth rates. Organic growth is accomplished through a combination of market share capture and product innovation, as well as market expansion into new vertical markets, emerging industries, and new geographic regions. In addition to organic growth, Enerpac also focuses on profit margin expansion by utilizing continuous improvement techniques to drive productivity and lower costs and by implementing strategic pricing initiatives. Finally, cash flow generation is critical to achieving financial and long-term strategic objectives. Strong cash flow generation is achieved by maximizing returns on assets and minimizing primary working capital needs. The cash flow that results from efficient asset management and improved profitability is used to fund internal growth opportunities, strategic acquisitions, paydown of debt and opportunistic returns to shareholders. For further information on Enerpac Tool Group and its businesses, visit the Company's website at .  

Summary

Reporting to the VP, Treasurer, the Director, Treasury is responsible for the day-to-day Treasury Department operations, including cash/liquidity management, foreign exchange, leasing, real estate transactions, and insurance.   Assesses the products, services, technologies and systems that are available and appropriate for treasury departments. Oversees the development and implementation of effective treasury management systems, banking structures, policies, and operational procedures.  Assists in building financial models and analyses to support capital structure and long-term liquidity planning.  Responsible for bank and broker relationship management. Assists in meeting overall treasury department’s policies and regulatory requirements.  

Job Duties and Responsibilities include:

Manages financial risk as it relates to treasury operations, including interest rate, FX, and insurable risk

Analyzes and recommends potential alternative financing structures and explains/shows their impact on EPS, balance sheet, tax effects and financial ratios

Manages and negotiates bank and brokerage relationships

Develops and implements cash management operational strategies

Assesses foreign exchange risk and implements hedge programs and strategies.

Monitors and prepares loan covenant compliance

Reviews monthly key reported financials including cash, debt, FX gain/loss and interest expense

Supports M&A activity related to treasury functions, including finance modeling, due diligence and treasury integration

Ensures proper controls are in place for regulatory requirements, such as FBAR, SOX, FAFCA and Dodd- Frank

Oversees all back office support for in-house banking, netting, and pooling

Assists with insurance coverages, real estate management or specialized financing as needed

Assists with reporting for the board and external financial institutions

Skills and Competencies

Analytical skills

Verbal and written communication skills (Ability to act as an organization-wide change agent, communicating effectively at all levels of the organization)

Excellent financial modeling skills

Organizational and project management skills and ability to handle multiple projects and deadlines simultaneously from design through to implementation

Leadership skills (Proactive, well organized and results-oriented, with the ability to lead and participate in multiple projects and competing priorities simultaneously)

Detail-oriented

Continuous-improvement mindset

Troubleshooting / creative problem-solving skills

Education and Experience

Bachelor’s degree in finance, accounting, or real estate required; MBA and/or CPA preferred

8-10 years experience in relevant financial roles of increasing responsibility in financial management

Supervisory experience

Good understanding of bank credit agreement provisions, capital markets, and macro-economic trends

Experience in a global organization required

Proficiency with Microsoft Office products

Experience with HFM and/or Oracle systems

Familiarity with Generally Accepted Accounting Principles (GAAP), IFRS

Physical Demands 

Employee will have to be able to walk/climb to a variety of primary work locations. Employee will need to listen, understand, and speak with team members in person, telephonically, and electronically at all levels within a diverse workforce and with supported organizations. Employee is able to work in front of a personal computer and telephone for long periods of time.

  

Work Environment 

Primary work environment is temperature-controlled office setting, but may also include typical warehouse environment on occasion, where following appropriate safety protocols at the location would be required. Employee will be exposed to low levels of noise in an office.

The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation will be made to enable individuals with disabilities to perform the essential functions. If you’re looking for a unique, exciting career with variety and potential for growth, Enerpac Tool Group offers challenges & extraordinary rewards for people on a global scale.  Never Compromise – choose ETG! EEO/AA (W/M/Vets/Disability) Employer 

Diversity Statement

We are committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We will ensure your application is fairly considered and if hired, you will have an equitable opportunity to give your best at work, not because we’re required to, but because it’s the right thing to do. Enerpac Tool Group will provide reasonable accommodations within the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, reach out to our Talent Acquisition Team for additional information.

#LI-AB1


Reference: 200034610

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