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Sr. Treasury Analyst - FX

Company: Dover Corporation
Location: Downers Grove
Posted on: June 22, 2022

Job Description:

The Sr. Treasury Analyst will participate in the management of Dover Corporation's financial/foreign exchange risk management program.
Primary responsibilities will include the compilation and reporting of consolidated financial exposure data and hedge results. This role will assist in the development of robust reporting metrics, including monitoring the firm's foreign exchange risk, calculating the derivative portfolio's value-at-risk, and monitoring counterparty risks. In addition, the role will be responsible for the execution of back-office and deal capture processes.
The Sr. Treasury Analyst will be involved in other Treasury-related responsibilities such as: assisting in the management of global cash operations, investments and the execution of the company's intercompany loans and cash pools.

  • Work closely with Dover's operating companies and segments to understand their foreign exchange ("FX") exposures and become a trusted business partner and advisor to develop and implement hedging strategies to reduce risk
  • Compile exposure information and report on relevant financial risks (FX, commodity, counterparty)
  • Manage FX and trade execution
  • Actively prepare and participate in quarterly meetings with segment financial leadership to review FX exposures and risk mitigation strategies
  • Execute FX trades, hedging activities and reporting using FX systems
  • Execute back-office and deal capture processes for the treasury department and maintain trade documentation
  • Settle monthly FX hedges
  • Help support share repurchases, intercompany borrowing rates, bond valuation reporting and other ad-hoc reporting
  • Prepare short-term investment recommendations and monitor short term investment portfolios for compliance
  • Maintain intercompany loans and cash pools including supporting documentation
  • Work closely with the tax department to develop and implement strategies for repatriating excess cash from outside the US and, when repatriation is not possible, develop strategies to cost-effectively redeploy cash outside the US on an intercompany basis to minimize idle cash balances and reduce FX risk
  • Ensure compliance with and update as necessary all FX treasury policies, procedures, operational controls and standards
  • On an as-needed-basis, provide analytical support for cash flow forecasting; provide support for debt capital markets transactions; assist in the development of credit risk metric modeling and rating agency and board presentations
    • 4-5 years of work experience in a multinational company, with knowledge and previous FX hedging and/or derivative experience
    • Strong knowledge of financial instruments
    • Proficient with Excel, Access and PowerPoint
    • Experience creating complex financial models or spreadsheets for use in financial analysis
    • Experience with Bloomberg a plus
    • Experience with Khalix a plus
    • Outstanding analytical and problem solving skills
    • Detail oriented and thorough
    • Excellent customer service skills
    • Excellent oral and written communication skills
    • Strong interpersonal and networking skills
    • Results orientation
    • Bachelor's degree in Finance, Economics, or Mathematics; MBA a plus
      About:Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at
      *Please Note: we are unable to provide visa sponsorship or transfer now, or at any point in the future.
      All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
      Job Requisition ID : 43436

Keywords: Dover Corporation, Downers Grove , Sr. Treasury Analyst - FX, Professions , Downers Grove, Illinois

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