Senior Treasury Manager

Who We Are:

Lumileds International is a global leader in LED technology, innovation, and solutions for the automotive, display, illumination, mobile, and other markets where light sources are essential. Our approximately 3,300 employees operate in over 15 countries to partner with our customers to deliver solutions for lighting, safety, and well-being.

The Lumileds environment is fast-paced, cutting-edge, intelligent and fun! We are looking for exceptional talent to join our team! To learn more, visit lumileds.com.

Reporting to: Global Head of Treasury

Role Overview:

We are seeking a highly skilled and analytical Senior Treasury Manager (Operations & Cash Management) to lead our global treasury operations. The primary focus of this role is to manage day‑to‑day planning and execution of liquidity, global cash management optimization, and cash flow forecasting with actuals reporting to management. You will oversee bank account structures, ensure compliance, and drive process improvements, including Treasury Management System (TMS) implementations and payment automation. The ideal candidate combines hands-on technical expertise with strategic thinking to ensure optimal liquidity to meet global operational needs.

Key Responsibilities:

1. Cash & Liquidity Management

• Daily Cash Positioning: Manage daily cash positioning, liquidity planning, and funding arrangements across the group.
• Intercompany Account (ICA) Management: Plan, execute, and monitor ICA funding to support operational and liquidity requirements.
• Cash Pool Utilisation: Oversee and optimise global cash pooling structures to ensure efficient use of group liquidity.
• Operations & Controls: Execute payment activities in a timely and accurate manner while maintaining robust internal controls and compliance with treasury policies.

2.Cash Flow Forecasting and Actual

• Cash flow forecast: Prepare cash flow forecasts globally for management.
• Actual Cash Reporting: Prepare and present actual cash flow and cash balance reports to management, ensuring clear and timely visibility of liquidity positions.
• Variance Commentary: Perform forecast‑to‑actual variance analysis and provide timely commentary, highlighting risks, timing differences, and potential liquidity impacts..
• Continuous Improvement: Drive improvements in forecasting methodology, data collections, data quality, and reporting timelines to enhance decision‑making and cash visibility.

3.FX Mangement

• Hedging Execution: Execute FX spot, forward, and other approved hedging instruments in accordance with treasury policies.
• Hedging Strategy & Controls: Implement and maintain FX hedging strategies, ensuring proper documentation and policy compliance.
• Bank and FX Partner Coordination: Coordinate with relationship banks and FX partner on FX execution, pricing, and confirmations to ensure competitive rates and timely settlement.
• Process & System: Execute FX deals within the TMS to enhance FX exposure tracking, deal execution, trade confirmation, and reporting efficiency.
• FX Rates Maintenance: Maintain and administer monthly FX rates, ensuring timely distribution and accurate disclosure for reporting use.
• Policy Compliance: Ensure FX activities comply with internal treasury policies.

4. Financing Management

• Intercompany Financing: Structure, execute, and manage intercompany loan arrangements, including managing agreement, interest calculations, and settlements.
• External Financing: Support the arrangement and administration of external financing facilities (e.g. overdrafts, loans, credit lines), including utilisation monitoring and covenant tracking where applicable.
• Other Financing Programs: Support and oversee relevant working capital and trade financing programs, such as trade finance, factoring, and supplier financing, where applicable.

5. Banking & Technology

• Bank Relations: Manage global bank relationships, including fee negotiations, service delivery reviews and KYC reviews as required..
• Bank Administration: Manage end‑to‑end bank account administration, including account openings, mandate and signatory updates, and account changes or closures.
• Technology & Automation: Leverage Treasury Management Systems (TMS) and ERP platforms (e.g. SAP) to drive process automation, improve operational efficiency, and enhance cash visibility and control.

6. Expense Management System (Concur)

• Concur System Management: Administer and manage the Concur system, including user access, approval workflows, policy settings, and issue resolution to ensure accurate and timely expense processing.
• Project Management (Concur): Lead and manage system enhancements, process changes, and project initiatives related to the Concur platform, coordinating with internal stakeholders and vendors as required.

6. Risk & Compliance

• Financial Risk: Mitigate FX and interest rate risks.
• Compliance: Ensure compliance with policies and legal requirements, supporting audit processes.

7. Leadership & Collaboration

• Team Leadership: Provide supervision and mentoring to team members, while collaborating closely with Tax, Legal, and FP&A teams to ensure alignment on treasury‑related matters.
• Internal Stakeholder collaboration : Work closely with cross‑functional stakeholders across Finance, Operations, Procurement, and other business teams to support effective treasury execution and decision‑making.

What You Will Bring (Required Qualifications):

• Willing to work in the EMEA shift (around 1pm-10pm MY Time) with flexibility.
• Professional Experience: Minimum 10–15 years of progressive experience across Accounts Payable, Accounts Receivable, and Treasury, with strong exposure to cash management, liquidity planning, banking operations, FX management, and financing activities within a multinational environment.
• Treasury Expertise: Proven hands‑on experience in daily cash positioning, cash flow forecasting and actuals reporting, intercompany funding, cash pooling, and bank relationship management.
• Systems Proficiency: Strong working experience with Treasury Management Systems (TMS) and ERP platforms (SAP); experience with payment automation and system implementation or enhancement projects is highly preferred.
• FX & Financing Knowledge: Solid understanding of FX exposure management, hedging instruments, and external financing solutions (e.g. credit facilities, trade finance, factoring, supplier financing)
• Analytical & Communication Skills: Strong analytical skills with the ability to interpret complex data and provide clear insights; effective communication skills to engage with senior management, banks, and cross‑functional stakeholders.
• Leadership & Execution: Demonstrated ability to work independently, manage priorities, and lead operational initiatives or system‑related projects in a dynamic environment.

Education (Minimum Level)

• Bachelor's

Field of Study

• Finance or Accounting

Years of Experience (Minimum)

• 10+ years

Lumileds is an Equal Employment Opportunity Employer