Assistant Treasurer- Secaucus, New Jersey in Secaucus, NJ at Quest Diagnostics

Date Posted: 8/1/2019

Job Snapshot

Job Description

Assistant Treasurer- Secaucus, New Jersey - Monday - Friday

Look for more than answers. Patients and Physicians rely on our diagnostic testing, information and services to help them make better healthcare decisions. These are often serious decisions with far reaching consequences, and require sensitivity, tact and a clear dedication to service. It’s about providing clarity and hope. 

You will work for the world leader in the industry, with a career where you can
expand your skills and knowledge. You’ll have a role where you can act with
professionalism, you can inspire colleagues, and you can care about the work we do and the people we serve. 

At Quest, we are on a continuous journey of discovery and development. It’s this attitude that has made us an industry leader and the #1 Diagnostic Lab in the US. For those joining us, we offer exciting and fast moving career opportunities where you can affect change at a rate unheard of in many organizations of our size and scope. While we invest in and develop technology to drive our innovations, our ongoing success relies on our people.

JOB SUMMARY:

Reporting to the Treasurer, the Director/Assistant Treasurer will lead the development, implementation and execution of the Company's capital structure, financial risk management, cash flow forecasting, international funding and repatriation and capital deployment strategies

  • Develop and analyze company’s cash flow and liquidity position, ensuring that capital structure is appropriate to fund company’s business plan and achieve lowest possible overall cost of capital

  • Oversee capital markets and funding activities.  Develop strategy and execution of  capital markets transactions, including bond issuance and redemption  and bank funding; continually monitor capital markets and work with investment banks to identify opportunities to optimize capital structure

  • Develop and execute capital deployment strategies of the company, including managing share repurchase program

  • Manage risk positions, including interest rate and FX exposures, and recommend appropriate hedging strategies.   Supervise all processes in hedging activities, including exposure forecasting, hedge execution, and reporting activities. Investigate opportunities to expand risk management scope 

  • Develop and execute funding and cash repatriation strategies for overseas subsidiaries.  Develop annual funding plan for each overseas entity and recommend tax-efficient strategies that optimize the use of trapped capital overseas. Recommend hedging strategies and monitor currency hedges for intercompany loans or dividends 

  • Develop and maintain relationship with rating agencies

  • Develop and maintain relationship with bank group

  • Develop Treasury personnel

Required Knowledge:

  • Solid understanding of key finance and accounting concepts

  • Experience in capital markets and financing execution

Required Experience: 

  • Minimum of 8+ years of total experience of progressively increasing responsibility and/ or

  • regular promotion in a publicly traded company

  • Broad finance skill with relevant treasury experience

  • Proven track record of recruiting, developing and promoting talent

  • Demonstrated versatility as finance professional

Special Requirement:

MBA required

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