Global Treasury Leader

Global Treasury Leader Location Toledo, OH (South Side area) :

PURPOSE OF THE JOB

The Global Treasury Leader is responsible for advising and coordinating Treasury activities to support the Structured Transactions Governance Committee (STGC), developing global cash planning tools, leading and improving global cash forecasting, managing short term borrowings, as well as coordinating all Treasury forecast submissions.

Reports to : Assistant Treasurer

Span of Control : Individual contributor initially, with a path to people leadership of two or three individual contributors depending on background and existing experiences.

JOB RESPONSIBILITIES

Know Our Businesses and their Strategies

• Build relationships within the Treasury organization, cross-functionally, and with key stakeholders; ensure effective contact to remain aligned with functional objectives
• Understand the strategic direction of the company's businesses and execute functional strategies to support and enhance business results; be knowledgeable of the project work that supports this direction and implications to the business
• Know what best-in-class cash forecast & planning, derivatives management do and obtain outside-in market insights to understand and then apply to positively impact Owens Corning

Advise and Support Structured Transactions and Governance Committee (STGC)

• The Structured Transactions Governance Committee (“STGC”) was established to monitor the financial and legal governance of the corporate entity structure, as well as to provide oversight to capital and financing transactions amongst Owens Corning's legal entities
• Advise the Committee on FX hedging strategy, global cash planning, and repatriation strategy for special projects coming to the STGC for review and approval

Lead Global Cash Forecasting and Planning

• Own the global cash forecasting, reporting, and analysis processes to ensure engagement in delivering timely and accurate forecasts by collaborating with regional treasury teams
• Maintain and improve 30-day and 60-day free cash flow forecast accuracy
• Support key forecasting, reporting, and analytical initiatives around free cash flow generation and balance sheet stewardship
• Design the future best-in-class global cash forecast reporting model, coordinate with regional, business finance and corporate finance stakeholders to meet global requirements
• Own the cash planning for daily operations and strategic transactions including legal entity restructuring, M&A, minority investment, intercompany and external financing
• Make daily decision regarding the use of bank facilities that may include implementing and managing a commercial paper program

Manage Systems/Reporting/Special Projects

• Drive reporting simplification and automation across the organization, while delivering actionable insights
• Drive increased BI usage across the global treasury organization
• Understand current business initiatives, technology trends and best practices for value creation
• Coordinate all treasury forecast submissions to FP&A (interest expense, pension, insurance, etc.) including managing the treasury department budget
• Drive strategy for a cash operations team with a global perspective
• Drive working capital initiatives and projects
• May support M&A due diligence and integration planning

Financial Risk Management

• Understand and refine risk management strategies through data gathering and financial analysis for foreign exchange, interest rate, and commodity exposures
• Partner with regional Treasury teams to oversee and execute currency hedging programs in compliance with risk management policies

Internal Controls Excellence/Compliance

• Deep understanding of “Treasury Policy” and levels of authority (LOA) per global requirement
• Coach other stakeholders on the policy updates, impact to the businesses, LOA requirements whenever there's such need
• Establish a clear “tone at the top” regarding business conduct, ethics, the law and financial controls
• Develop a risk-based approach to make informed recommendations for standardization, simplification, and automation of strategic treasury processes, while ensuring compliance with OC standards and internal controls

Lead and Develop Talent

• Create an environment where talent is developed through effective performance management and talent evaluation
• Capture the value of continuous learning and ongoing development opportunities
• Invest in the growth and development of direct reports and other identified talent in their organization. Actively engages in personal development
• Manage team workload to ensure performance and deliverables are aligned to strategic initiatives and priorities
• Work closely with the team to develop strong performers, look for developmental opportunities for team members to foster continuous growth

JOB REQUIREMENTS

MINIMUM QUALIFICATIONS :

• Bachelor's Degree in finance, accounting, or related field
• 7+ years of progressive finance or accounting experience
• Minimum of 2 years in a Treasury, FP&A, or technical accounting role
• Experience using SAP or a similar ERP architecture

PREFFERED EXPERIENCE:

• Prior Treasury experience at a Fortune 500 company preferred
• Prior people leadership experience preferred
• Experience with SAP, Power BI (Business Intelligence), FXall, FiREapps, Bloomberg terminals, or similar technologies
• Demonstrated rate of growth and success in prior roles
• Success in a fast-paced and dynamic, team-oriented environment
• Change leadership experience and/or complex project leadership experience
• Demonstrated ability to function in a highly matrixed structure across functional, business, geographic and cultural boundaries

KNOWLEDGE, SKILLS & ABILITIES :

• Strong financial and business acumen
• Demonstrated ability to be successful in a fast-paced and dynamic, team-oriented environment
• Excellent verbal and written communication skills, appropriate for audience
• Organized, deliberate, and reliable in structuring work, and effective problem solver
• Goal oriented - strives toward goals with decisiveness and determination; demonstrates courage to take risks, demands excellence and drives for results with speed
• Integrity - can be trusted to maintain financial integrity to the corporation, employees, and shareholders
• Creativity - strives for continuous and breakthrough improvement in business process and results; sets and encourages others to set continually higher goals; strives to achieve a best-practice approach
• Decision Making - recognizes issues, problems, or opportunities and determines appropriate action
• Able to challenge the status quo
• Creates an inclusive environment
• Ability to travel, up to 5% domestically and internationally

About Owens Corning

Owens Corning is a global building and construction materials leader committed to building a sustainable future through material innovation. Our three integrated businesses - Composites, Insulation, and Roofing - provide durable, sustainable, energy-efficient solutions that leverage our unique material science, manufacturing, and market knowledge to help our customers win and grow. We are global in scope, human in scale with approximately 19,000 employees in 31 countries dedicated to generating value for our customers and shareholders, and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2022 sales of $9.8 billion. For more information, visit

Owens Corning is an equal opportunity employer.