Senior Director Treasury Operations

Tenneco • Northville, MI

2d

About The Position

Senior Director of Treasury operations – Treasury Operations leads day-to-day global treasury execution for ensuring strong liquidity, disciplined cash forecasting, efficient payment operations, effective bank relationship management, and robust treasury controls. This role partners closely with Accounting, FP&A, Tax, Procurement, Shared Services, and business unit finance to optimize working capital and support strategic initiatives across plants and commercial operations and leadership team.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 15+ years of progressive treasury experience, with significant focus on treasury operations/cash management.
• 10+ years of leadership experience in multinational environment
• Strong knowledge of payment methods and bank platforms; practical experience with bank account management and controls.
• Experience in a SOX-controlled environment; strong understanding of segregation of duties and audit requirements.
• Advanced Excel skills; ability to analyze large datasets and build forecasting models.
• Proven ability to manage multiple priorities in a deadline-driven environment.
• Expertise in working capital programs and structured finance

Nice To Haves

• Automotive, manufacturing, or multi-site industrial experience (plants, complex supplier base, high-volume payments).
• Experience with a Treasury Management System (e.g., Kyriba) and ERP payment integrations (SAP).
• Exposure to global cash management structures, FX execution support, or intercompany funding.

Responsibilities

• Own daily cash positioning for domestic and international entities; ensure sufficient liquidity across operating units.
• Lead short-term and medium-term cash forecasting (e.g., daily/weekly/13-week) and variance analysis; drive continuous improvement in forecast accuracy.
• Manage intercompany funding, cash concentration/zero balancing, and cash repatriation
• Manage working capital facilities, factoring, supply chain financing
• Oversee treasury operational workflows
• Drive standardization and automation of payment processes
• Manage balance sheet optimization, including working capital management, leveraging financial metrics to ensure efficient use of assets and liabilities.
• Develop strategies to manage and maintain adequate liquidity levels, ensuring that the business can meet its operational and financial obligations while maximizing return on capital
• Support M&A activity related to treasury functions and manage treasury integration with business units.
• Oversee operational execution of FX hedging program and interest rate risk management
• Own treasury operations configuration and data integrity within ERP/TMS (e.g., bank statement integration, payment connectivity, interfaces).
• Partner with IT and Shared Services to improve bank connectivity (SWIFT, host-to-host, APIs) and reduce manual processing.
• Maintain treasury policies, procedures, and desk manuals; ensure SOX compliance and audit readiness.
• Support compliance requirements related to sanctions screening processes, payment approvals, and banking regulations.
• Coordinate responses to internal/external audit requests related to cash, payments, and bank controls.
• Lead/mentor treasury operations team and/or shared service teams; set priorities and performance expectations.
• Partner with Tax on repatriation, withholding tax considerations, and cross-border funding support.
• Collaborate with Procurement and Supply Chain on supplier programs (e.g., supply chain finance, dynamic discounting) where relevant.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior