Posted:
7/28/2024, 5:00:00 PM
Location(s):
Karnataka, India
Experience Level(s):
Senior
Field(s):
Finance & Banking
Workplace Type:
On-site
The candidate will be responsible for managing a team of treasury analysts handling the daily cash management functions of Intel and its consolidated subsidiaries, including, but not limited to, short-term funding and investment execution, monitoring the components of working capital, foreign exchange activity and controls, cash reporting/forecasting. Responsibilities include:
� Managing a team responsible for performing and executing cash desk responsibilities - review/position/fund daily cash requirements
� Improving cash fungibility through cash forecasting and pooling activities and driving distribution/restructuring activities in partnership with multiple stakeholder groups
� Maintain an accurate short-term cash forecast to manage daily funding requirements and internal reporting.
� Fund operating accounts as required and consolidate cash within regulatory and corporate guidelines (cash pool). Monitor float levels and act as necessary to eliminate idle cash. Runs intercompany funding.
� Drives results by inspiring people, role modeling Intel values, developing the capabilities of others, and ensuring a productive work environment.
� Responsible for enabling teams to execute through clear goal setting, facilitating work, maintaining accountability, applying differentiated performance management, and driving team results.
� Administrates Intel cash collateral position and its exchanges with our counterparties. Follows policies and controls around margin calls issued from Intel credit support annex-CSA- contracts and resolves disputes.
� Monitor compliance with investment guidelines and proposes improvements to the policy.
� Coordinate the process and documentation required to execute critical treasury payments, manual transactions and implement account services.
� Perform other duties as requested, including assisting with other treasury and credit related activities, research and analysis.
� Maintain dialogue with operating units/subsidiaries and other departments, including, Treasury Operations, Financial Planning, Capital Markets, Payroll, Tax, and Accounting, to ensure the effective monitoring of factors that could impact cash requirements.
� Maintain a dialogue with banks, trustees and other treasury service providers.
� Responsible for implementing the most efficient capital structures for Intel subsidiaries in collaboration with Tax/Legal/Accounting.
� Identify process improvements/enhancement/automation, process refinements, and implement changes as deemed necessary.
� Drive projects related to systems upgrades (FIS Quantum, S4 Hana implementation) and other efficiency initiatives of the group
Work Model for this Role
This role will require an on-site presence.Website: https://www.intel.com/
Headquarter Location: Santa Clara, California, United States
Employee Count: 10001+
Year Founded: 1968
IPO Status: Public
Last Funding Type: Post-IPO Equity
Industries: Artificial Intelligence (AI) ⋅ Information Technology ⋅ Product Design ⋅ Semiconductor ⋅ Software