A Day in the Life:

This role is known for management and oversight of the company’s banking, cash management, hedging (FX and interest rate), corporate debt administration and pension plan (asset/funding) oversight. This role has an impact on our financial performance, Hertz leadership and financial related aspects of the business. 

What You’ll Do:

Directs the overall management of Treasury Operations globally. A critical component of the role is to effectively partner with key internal customers (e.g., Billing, Accounts Payable, etc.) to identify needs and develop solutions to improve financial and process performance.  The position is responsible for ensuring that the company’s network of financial institutions provides accurate and dependable information and services across the organization in a cost-effective manner. Direct oversight of the daily liquidity and funding of US/Canada operations.  Responsible for the management of subsidiary funding through inter-company loans and capital, analysis of debt/equity, management of intercompany loan limits and loan agreements. Ensures an appropriate authorization process is followed for subsidiary capitalizations and dividends. Develops and executes global foreign exchange hedging and interest rate strategy and seeks to identify and mitigate FX risk to the corporation, typically through derivatives including forwards and options. Responsible for the coordination of option hedging the “Guaranteed Rate Tour Programs” with the Pricing/Marketing group. Manage the overall cost of the banking infrastructure supporting the company’s activities, measured on a per transaction basis. Manage existing and develop new relationships with appropriate financial services organizations.  Negotiate documentation and service fees. Responsible for overseeing the Corporation’s Defined Benefit and Defined Contribution Plans (401K) assets, including quarterly performance reports with presentation to Senior Management. Selection and monitoring of investment managers and reporting to the Hertz Benefits Committee. Provides oversight and guidance to subsidiaries on certain international plans. Responsible for the management and maintenance of treasury systems as it relates to intercompany loans, foreign exchange transactions, tracking of company foreign exchange rates and for all ERP/technology systems initiatives. Responsible for short-term liquidity forecasting, 13 week rolling cash forecast and reporting to senior management. Administer corporate debt facilities (bank loans/high yield bonds) including borrowing/repayment and timely payment of interest and fees. Manage Letter of Credit facilities, issuance and maintenance process Maintain strong financial controls by integrating cash collection and payment controls into the overall control framework of the organization (both financial and operational).  Develop appropriate policies and effectively communicate requirements to users.

What We’re Looking For:

At least 10 years in treasury, banking, related financial management  Bachelors degree in Accounting or Finance required, MBA in Finance, Accounting or Economics preferred Certified Treasury Professional certification preferred Strong financial modeling and analytical abilities  Proficient in Excel, PowerPoint 

What’s In It For You: 

Up to 40% off the base rate of any standard Hertz Rental    Paid Time Off Medical, Dental & Vision plan options Retirement programs, including 401(k) employer matching Paid Parental Leave & Adoption Assistance Employee Assistance Program for employees & family Educational Reimbursement & Discounts Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness Perks & Discounts –Theme Park Tickets, Gym Discounts & more