Manager, Treasury and Risk Management

Manager Of Treasury And Risk Management

At Eisai, satisfying unmet medical needs and increasing the benefits healthcare provides to patients, their families, and caregivers is Eisais human health care (hhc) mission. Were a growing pharmaceutical company that is breaking through in neurology and oncology, with a strong emphasis on research and development. Our history includes the development of many innovative medicines, notably the discovery of the worlds most widely-used treatment for Alzheimers disease. As we continue to expand, we are seeking highly-motivated individuals who want to work in a fast-paced environment and make a difference. If this is your profile, we want to hear from you.

The Manager of Treasury and Risk Management monitors and updates various cash flows and procedures, including domestic and international bank accounts, investment returns, interest expenses, long-and short-term debt and investment management. The incumbent will also forecast, analyze, and report on investment yields, cash position, source and use of funds, and economic trends. Additionally, this individual will review cash requirements, plans and prepare short-term investments / borrowings to optimize daily working capital as well as recommend favorable debt and investment instruments. The Manager of Treasury and Risk Management assumes responsibility for corporate cashiering, accounts-receivable deposits, disbursements, and check preparation as required. Overall responsibility for communicating, measuring, and managing company-wide risk as well as managing Eisais insurance requirements to provide optimum coverage, costs, and claim settlements is falls within the scope of this position.

The Manager of Treasury and Risk Management is responsible for managing various Treasury Reporting and Cash Management activities including : analyzing cash receipts and disbursement activities for short and mid-term cash forecast; analyzing the daily cash position; evaluating and reporting on the overall cost of capital; reconciling outgoing payment against the current days cash position and other ad hoc assignments and projects as needed.

The Manager will also be responsible for identifying, assessing, and mitigating risk to ensure the organizations assets, reputation, and stakeholders are protected. This role involves developing and implementing risk management strategies, policies, and procedures.

Essential Functions

Treasury Reporting / Cash Management : Ensure Eisai Corporation of North America and all subsidiaries are adequately funded to meet all financial obligations; Serve as key decision-maker in daily treasury operations and strategic initiatives; act as a backup to the Director of Treasury, providing leadership and continuity in their absence; prepare, distribute and present cash position reports and Non-Operating P&L activity to Senior Leadership; execute electronic funds payments and inter-co transactions; execute foreign exchange transactions; prepare account reconciliations and interest income accruals; execute bank account opening, modification and closing process and ensure all bank account documentation (i.e. Corporate Resolutions, Authorized Corporate Signers & Bank Signers) is in good order; oversee the companys investment portfolio, ensuring alignment with Investment Policy; Conduct regular reviews of investment performance and make recommendations for adjustments; execute and manage daily investment activity and their general ledger application; execute check remote deposit capture process and policy; effectively navigate all treasury / banking platforms (Kyriba, Wells Fargo, Convera); serve as administrator on company banking portals; assist in transition of cash management related activities stemming from key financial and strategic initiatives; responsible for overseeing Treasury Workstation system (Kyriba); prepare annual budget, periodic forecasts, and conduct variance analysis of actuals vs. budget / forecast related to Non-Operating activity; serve as primary liaison between Treasury and IT, ensuring seamless integration and coordination of technical activities related to banking operations, system upgrades, and cybersecurity measures; interact with banks on a daily basis to discuss issues such as negotiations of interest rates; Identify, assess, and mitigate financial risks related to currency, interest rates, and other factors; lead communication within Eisai to ensure adherence to Treasury Policies and reduced risk of fraud

Financial Analysis : Prepare monthly bank fee analysis; prepare daily exposure analysis; develop and maintain short-term and long-term cash flow forecast with input from key stakeholders and collecting input from cross-functional teams; interact closely with banking / investment contacts to stay updated on liquidity market dynamics.

Risk Management : Assist in interfacing with multiple departments to collect, analyze and deliver insurance package (applications and policy renewals) to expedite insurance renewals; Assist in procuring appropriate insurance coverage (including excess coverage) for a marketed product across all relevant insurance lines; Lead audit calculations for premium adjustments; Manage the end-to-end process of claim settlement, including documentation, coordination with insurers, and resolution; Coordinate with insurance brokers to respond to request for certificates of insurance and surety bonds; Assist in reviewing insurance fee analysis and negotiate fees / services with insurance broker

Other : Manage the annual treasury audit and ensure JSOX compliance for all processes; ensure standard operating procedures and risk control matrices for all processes related to the treasury function are periodically reviewed and updated as necessary; update disaster recovery plan as necessary and conduct annual test; ad hoc projects, analysis and research within the department as required; assist with Vendor Master creation and review; Coordinate the evaluation of the treasury department including the development of treasury functions

Requirements :

• Bachelors degree in Finance or Accounting is required
• 5+ years of corporate cash management and risk management experience preferred
• Pharmaceutical industry experience desirable but not required
• Good knowledge of banking services and treasury products Kyriba a plus
• Strong verbal and written communication skills
• Strong problem solving and analytical skills
• Strong attention to detail
• Excellent organization skills
• Ability to prioritize, manage multiple projects / tasks and meet deadlines
• Knowledge of all facets of Treasury Operations including collection and disbursement systems, EFT, debt / investment, etc.

Eisai is an equal opportunity employer and as such, is committed in policy and in practice to recruit, hire, train, and promote in all job qualifications without regard to race, color, religion, gender, age, national origin, citizenship status, marital status, sexual orientation, gender identity, disability or veteran status. Similarly, considering the need for reasonable accommodations, Eisai prohibits discrimination against persons because of disability, including disabled veterans.

Eisai Inc. participates in E-Verify. E-Verify is an Internet based system operated by the Department of Homeland Security in partnership with the Social Security Administration that allows participating employers to electronically verify the employment eligibility of all new hires in the United States. Please click on the following link for more information :