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This position has primary responsibility for managing the company’s liquidity and external funding requirements in the Capital Markets and oversight of the company’s pension plans. Additional responsibilities include oversight of short-term cash investments, interest rate risk management, stock repurchase programs, quarterly dividend recommendations, banking relationships, credit rating agency relationships, cash flow forecasting and ad hoc analysis. The Capital Markets Manager will lead a team of 3 – 4 FTEs globally.
Please note this is a hybrid role based at our corporate site in Wilmington, DE. Team members work onsite 3 days a week and remote 2 days a week.
Your Key Responsibilities:
Managing a global team of 3 -4 FTEs
Provide strategic and tactical guidance to the team
Seek development opportunities to broaden skillsets and maintain employee engagement
Be a thought-partner to the team to promote problem solving and process improvement
Financing Plans
Develop financing plans, perform financial analysis on financing structures and make recommendations to the Treasurer and CFO on financing objectives, capital structure and related special projects
Liquidity – Credit Facility and commercial paper
Oversight of the company’s daily liquidity position and requirements for borrowing under the credit facility
Develop strategy for amount and term of borrowings
Manage covenants and collateral requirements
Ensure proper reporting and accounting of short-term borrowings
Long-Term Debt Issuance
Develop strategy and execution plan for long-term debt based on the company’s cash flow needs and financial market conditions
Manage covenants and collateral requirements
Negotiate terms and pricing with the banks
Ensure proper reporting and accounting for long-term borrowings
Develop and execute hedging strategies to manage interest rate risk and debt currency mix
Manage relationships with capital markets banks
Cash Investments
Ensure compliance with Investment Policy and credit limits for financial institutions
Ensure proper reporting and accounting for investments
Stock Repurchase Programs
Develop strategy, structure and execution plan
Negotiate terms and pricing with the banks
Ensure proper reporting and accounting for repurchases
Credit Rating Agency Relationship Support
Lead preparation of materials and participate in annual reviews with credit rating agencies
Provide updates to credit rating agencies as needed
Develop and update credit rating agency financial model
Quarterly Dividend Recommendation and Analysis
Provide quarterly dividend recommendation to CFO with support and analysis for recommendation
Lead annual review of the dividend policy and recommend changes, if appropriate
Cash Flow Forecasting and analysis
Responsible for developing cash flow forecasts
Provide periodic updates of total company cash flow forecast and liquidity to Treasurer
Provide periodic cash flow analysis to the CFO for his/her use with the Board of Directors and investors
Provide in-depth periodic cash flow analysis to IR for their use with investors and one-on-one calls
M&A/Divestitures
Analyze credit rating impact of M&A deals for senior leadership
Develop financing strategies where appropriate
Develop investment strategies for proceeds
Pension Reporting
Oversight of pension reporting including working with third party provider, accounting and HR teams and outside actuaries
Review pension assets, liabilities, funded status, discount rates, settlements, etc. to ensure accurate financial reporting
Other
Responsible for 10Q and 10K disclosures for liquidity, borrowings, investments, interest rate derivatives, stock repurchases and pension
Develop and maintain forecasts for interest income, interest expense and share count
Perform ad hoc Treasury project work
Your Qualification Profile:
Bachelor’s Degree in Finance or Accounting; MBA, CFA, and/or CPA preferred
Treasury experience required; Controllership experience strongly preferred
8+ years of experience working in a similar role
Prior experience managing people
Strong leadership and networking skills across cross-functional teams
Strong financial analysis skills, including financial modeling
Demonstrated strong verbal and written communication skills with all levels internally and externally
Demonstrated ability to work independently and think creatively
Demonstrated ability to work under time pressures and to manage and prioritize multiple activities
Demonstrated expertise in Excel and PowerPoint
Ability to remain calm and effective under pressure
Ethical, with a high level of integrity and professionalism
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We are excited to share that on May 22, 2024, DuPont announced plans to separate(1) into three industry-leading, independent publicly traded companies. This strategic move will create focused businesses with distinct investment profiles. We believe the proposed separations will create opportunities for all three future companies to better serve their customers and unlock long-term value for stakeholders. This process is expected to take 18-24 months from the date of announcement to complete. We are committed to supporting our employees throughout this transition and ensuring a smooth and successful separation process. We look forward to welcoming new talent who are interested in contributing to the continued success and growth of our evolving organization.
(1)The separation transactions are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals, and satisfactory completion of financing. For further discussion of risks, uncertainties and assumptions that could impact the achievement, expected timing and intended benefits of the separation transactions, see DuPont’s announcement.
DuPont is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability or any other protected class. If you need a reasonable accommodation to search or apply for a position, please visit our Accessibility Page for Contact Information.