Reference #: R-153748
The Opportunity:
This position will primarily manage Avantor's Corporate's Foreign Exchange (FX) Risk Management function, including exposure analysis, forecasting, modeling, reporting, accounting proposals and review, maintaining a hedge portfolio and ad hoc projects. In addition, this position will support other Corporate Treasury processes and, as needed, participate in inter-departmental projects.This role will work Hybrid to Radnor, PA. The expectations will be to work in the Radnor, PA office 1 day per week. It is work from home the other 4 days of the week.What we're looking for:Education: BS in a related field (accounting, finance, economics)Experience: 8+ years total experience, ideally with 2+ years in foreign currency and FX derivatives (must have FX Forward)Experience implementing a hedging program(s)Familiarity with SAP and FX electronic trading platformsSome team leadership experience preferredWho you are:Strong oral and written communication skillsStrong negotiation skillsStrong working knowledge of MS Excel (PowerPoint a plus)Strong working knowledge of SAPSelf-motivated and organizationally-effective individualFull understanding of Foreign ExchangeFull understanding of US GAAPAbility to work in a multi-cultural environmentProven ability to work independently, coordinate the efforts of others as well as work well with people at a wide range of levelsOrganizational, time-management and setting & meeting deadlinesAbility to multitask and work well under pressure and tight deadlines while retaining strong attention to detailKnowledge of corporate finance, financial reporting, risk management, capital markets and foreign exchangeAbility to perform research on complex accounting matters; including ASC 815Experience working in an environment requiring quick turn around and in-depth financial analysisHow you will create an impact:Assess global subsidiary balance sheet positions to identify and enumerate FX exposures in conjunction with local Finance team membersLiaise with Treasury, FP&A and Accounting to implement FX hedging strategy to mitigate FX revaluation risk and collaborate on inter-company transactionsPartner with Treasury, FP&A and Accounting to develop and implement FX Risk management standard methodologies, policies and strategies based upon the Company's balance sheet objective and liquidity risk management practices including use of spots and forwards, swaps, and options tradingCollaborate with Accounting for all Treasury related derivative activityPrepare FX analytical reporting required to effectively monitor foreign exchange risk, and report results of risk mitigation effortsEnsure compliance with internal controls, policies and procedures impacting FX transaction management activities and propose the design and implement new controls and processes where requiredIdentify opportunities for finance transformation, modernization and automation including system implementations and functional optimizationActively collaborate with Accounting teams to transfer knowledge on FX derivative transactions and ensure proper recordation under US GAAP, consistent with best practicesAbility to leverage process partners and team members in completion of the assigned task, projects, and responsibilities.#LI-Hybrid
#LI-RM1Disclaimer:The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.Why Avantor?Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly adva ces life-changing science.The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!EEO Statement:
We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.If you need a reasonable accommodation for any part of the employment process, please contact us by email at recruiting@avantorsciences.comand let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.For more information about equal employment opportunity protections, please view the Equal Employment Opportunity is THE LAW Poster, EEO is the Law Poster Supplement, and Pay Transparency Non-Discrimination Provision.3rd Party Non-Solicitation Policy:
By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation.We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.For more information about equal employment opportunity protections, please view the Equal Employment Opportunity is THE LAW Poster, EEO is the Law Poster Supplement, and Pay Transparency Non-Discrimination Provision using the links below.
