Manager of Treasury

Accuray; Madison (WI); On-site; USD 120,000 - 160,000; Full time

Job summary

Accuray in Madison, WI seeks a Senior Treasury professional to own cash management, forecasting, intercompany settlements, and hedging strategies, ensuring efficient liquidity and debt compliance.

You will partner with finance, tax and legal, optimize banking relationships, participate in debt restructuring, and lead SOX controls while mentoring teams to drive continuous improvement. CPA or public accounting background preferred; SAP experience required.

Qualifications

• Requires a BA or advanced degree in Accounting, Finance or equivalent.
• 7+ years’ treasury experience in a corporate environment.
• Strong U.S. GAAP experience and knowledge.
• Ability to lead and communicate with executives on banking negotiations and arrangements.

Responsibilities

• Be the primary treasury SME including cash management, forecasting, intercompany settlements, and hedging.
• Manage global cash movements and intercompany settlements for efficient cash allocation.
• Refine cash forecast process to identify trends.
• Enhance hedging programs to reduce FX exposure and fees.
• Partner with global teams to meet funding needs.
• Collaborate with Sourcing, Operations, A/P, A/R to maximize working capital.
• Coordinate with accounting, tax and legal to ensure cash optimization and proper hedging records under GAAP.
• Manage US bank accounts and optimize global banking relationships.
• Review high-value cash movements to minimize fees.
• Participate in debt restructuring when needed.
• Oversee insurance renewal process with brokers; negotiate premiums and maintain policies.
• Ensure SOX compliance and robust controls.
• Build strong relationships with bankers and brokers.

Skills

Treasury

Cash forecasting

Intercompany settlements

FX hedging

SOX compliance

GAAP knowledge

CPA certification

Finance leadership

Bank negotiations

US GAAP

Education

BA or advanced degree in Accounting or Finance

Tools

SAP

Job description

Give hope. Give health. Make your mark in the fight against cancer.At Accuray, we make a direct and powerful impact on the lives of cancer patients every day — helping them live longer, better lives. But our commitment to innovation offers a truly unique opportunity: the chance to change the fight against cancer — helping to develop, introduce and support new treatment delivery systems and software that will give new hope and new health to cancer patients and cancer survivors around the world.Accuray develops, manufactures and sells radiotherapy systems for alternative cancer treatments. Our radiation therapy for cancer makes treatment shorter, safer, personalized and more effective, ultimately enabling patients to live longer, better lives.Job DescriptionESSENTIAL DUTIES AND RESPONSIBILITIES:Be the primary subject matter expert on Treasury within the company including cash management, cash forecasting, intercompany settlements, hedging our monetary positions and managing our debt payments plus covenants.Manage global cash movements and intercompany settlements to ensure an efficient and effective cash allocation process.Maintain and consistently refine a cash forecast process to identify trends.Enhance the Company’s hedging program to reduce FX exposure and FX fees, which includes collaborating with third party experts to implement hedging strategies (including both balance sheet and cash flow hedges) that reduce financial risk related to fluctuations in FX rates.Partner with global teams to ensure their funding needs are met.Work cross-functionally with Sourcing, Operations, Accounts Payable, Accounts Receivable to implement strategies to maximize working capital.Partner closely with accounting, tax and legal teams to ensure that cash is optimized, debt is maintained, and hedging arrangements are recorded in accordance with regulatory and US GAAP guidelines.Manage US bank accounts and fees, while optimizing the global banking counterparties to scale and enhance the efficiency of cash movements.Review high value cash movements to ensure reduced fees when converted.Participate in debt restructuring, when needed.Manage the Insurance renewal process with the Company’s broker including preparation of applications and necessary data; negotiate premiums, and maintain insurance policies.Manage insurance claims and correspondence with insurance broker.Ensure compliance with all SOX controls and requirements.Develop a strong working relationship with bankers and insurance brokers.QUALIFICATIONSPreferred or Desired:· Working knowledge of banking structures and hedging programs.· Public accounting experience· SAP experience· CPA certificationRequired:Requires BA or advanced degree in Accounting, Finance or equivalent degree7+ years’ experience in treasuryStrong U.S. GAAP experience and knowledgeSignificant industry experience in actual application of Treasury.Ability to work and communicate effectively with peers and management up to the Executive level, particularly with regard to complex banking negotiations and arrangements.Significant experience working with the accounting and tax organization in a fast-paced environment.Able to motivate, communicate and drive continuous improvement – including departments outside of finance.Understanding of the requirements of SOX in a public company environment.Solid planning, leadership, and administration skills.High energy; demonstrates urgency, fast pace and ability to multi-task.Strong written and verbal communications skills.To qualify for this position, candidates must be able to furnish proof that they are authorized to work in the country they are applying on a permanent basis without sponsorship.EEO StatementAt Accuray, our commitment to patient-first outcomes drives an inclusive and collaborative work environment where the best ideas rise to the top — and everyone works to push them further. We value diversity in both the professional and personal backgrounds of our employees, as this variety adds rich energy to every team, every project and every work day. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin – including individuals with disabilities and veterans.