What are the responsibilities and job description for the Director of Treasury, Cash Management position at Bridgestone Americas?
Company Overview
Bridgestone Americas, Inc. (BSAM), headquartered in Nashville, Tennessee, and Bridgestone Europe, Middle East and Africa (BSEMEA), headquartered in Brussels, Belgium, operate collectively as a “Bridgestone West” strategic region. This region services the strategic business needs of teams across the Americas, Europe, Middle East and Africa. BSAM and BSEMEA are subsidiaries of Bridgestone Corporation, globally headquartered in Japan. Bridgestone and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products and solutions to address the needs of a broad range of customers and industries.
Job Category
Position Summary
The Director Treasury, Cash Management will lead the development of a holistic cash management strategy, focused on harmonizing and integrating with the BSAM agenda and processes across all countries. Report to Vice President, Treasurer and dotted line to the Assistant Treasurer in defining and executing the strategic objectives for Bridgestone America’s (BSAM) global cash management and treasury middle and back office. Manage teams across NA and LA with a strategic focus on standardization and integration of cash management and treasury operations for Bridgestone America Inc. and subsidiaries.
*** This role is HYBRID. In the office 3 days a week (Tuesday to Thursday) at HQ in Nashville, TN ***
Responsibilities
Build and manage the Treasury Operations Center of Excellence
Key focus areas include managing daily cash, short-term cash forecasting, short-term investing, customer financing programs, cash management bank relationship management, treasury consulting, and technology
Bring leadership and oversight to ensure designated cash positioning, processing, forecasting, and reconciliations are optimal and completed on time and in compliance with policy
Provide global oversight and control of Bridgestone America’s global cash in North America (NA) & Latin America (LA), ensuring adequate liquidity to support global business
Lead strategic initiatives for cash management, treasury consulting, and technology, including RFPs, implementations, and integrations
Direct oversight and ownership of the global Treasury Management System strategy and administration for Bridgestone Americas
Develop a centralized global cash management banking structure that allows for effective cash pooling
Advance global centralized and standardized bank account administration and documentation process across NA & LA
Develop a strategy and establish counterparties for global short-term investments in line with BSAM’s financial institution counterparty policy, and establish governance framework
Partner with banks to develop innovative banking solutions, utilizing state-of-the-art products and services
Develop, measure, and monitor standardized treasury operational metrics globally
Ensuring compliance with treasury policies and continually enhancing strong process and controls
Minimum Qualifications
Bachelor’s degree in business administration, finance, accounting, or economics
MBA and/or Certified Treasury Professional (CTP) is preferred
10 years in Cash Management / Treasury Operations with developing leadership positions
Knowledge of banking and treasury principles and practices
Knowledge of Treasury Management Systems
Familiarity with electronic payment methods and various alternatives for collecting and disbursing cash
At Bridgestone, you are Free to Be
We believe people can only provide superior service and quality to others when they bring their whole self to work. We believe in championing all perspectives, individuals and teams because we understand the importance of seeing the world and our business through many different lenses. We are building a team as diverse as the world we serve. So, show us what you are made of, because who you are is what we need.
What we offer
At Bridgestone, what really matters is to foster co-creation opportunities and empowering you to be creative and curious to make mobility safer, more efficient, and more sustainable for future generations. Whatever role you fill, when you represent Bridgestone, you are a valued teammate, and part of our larger mission to “Serve Society with Superior Quality”, for that, we offer you more than just a competitive compensation; we will provide you:
- A supportive and engaging onboarding experience to ensure a smooth transition into our team.
- The opportunity to develop and grow, through training and regular mentorship.
- Corporate Social Responsibility activities.
- A truly global, dynamic and challenging work environment.
- Agility and work/life effectiveness and your long-term well-being.
- A diverse and inclusive team.
Bridgestone is proud to be an Equal Employment Opportunity employer. It is our policy to consider for employment all individuals regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, gender, sex, sexual orientation, gender identity and/or expression, genetic information, veteran status, or any other characteristic protected by federal, state or local law.
Employment Eligibility
If hired, a Form I-9 Employment Eligibility Verification must be completed at the start of employment. Temporary work authorization or the need for sponsorship may disqualify you from employment.