The Estee Lauder Companies Manager, Capital Markets in Melville, New York
Manager, Capital Markets
Brand: Estée Lauder Companies Corporate Departments
Identify and measure global currency exposures by working closely with finance personnel throughout the company. Formulate foreign exchange hedging strategies including risk assessment, performance reporting, and the evaluation of various hedging tools and techniques. Develop quantitative models to measure, monitor and mitigate currency risk.
Actively monitor capital markets and economic data and provide senior management with regular analysis and interpretation of emerging trends.
Execute foreign exchange transactions with commercial/investment banks and provide administration over hedging programs.
Execute various other capital market transactions including commercial paper issuance, interest rate derivatives, stock buybacks, etc.
Ensure the appropriate accounting is applied to all debt, FX, and interest rate swap transactions. Determine accounting impact of any new strategies/instruments. Keep abreast of all accounting/regulatory changes and advise management of the potential impact to the company’s financials.
Work with affiliates to issue bank guarantees and letters of credit, as well as evaluating the use of third party revolving credit facilities vs. intercompany loans
Provide analytical support for special projects including capital structure analysis, capital and/or derivative markets, lease vs. buy analysis and major capital expenditures
Manage process of developing annual and monthly foreign currency rate forecasts utilized in the financial planning process
Recommend and implement improvements to current processes to maximize productivity. Work closely with Treasury Operations to ensure optimal use of current treasury systems and recommend additional software solutions as required.
Assist in the development of treasury policies, procedures and operational controls.
Bachelor’s degree in Finance or Accounting, MBA a plus.
5-8 years of combined experience in corporate treasury, financial analysis, or accounting in a large multinational
Detailed understanding of accounting (in particular FAS 133) and tax issues as they relate to foreign exchange transactions, derivative financial instruments, and other capital market transactions.
Strong quantitative abilities, an analytical and effective problem solver who can effectively distill complex issues into component parts.
Excellent interpersonal, people management and communication skills. Ability to deal effectively with all levels of the organization. Global perspective – comfortable dealing with other cultures.
Understands the interdependence of all treasury functions and places a high value on what is best for the team versus own area.
High energy level, achievement oriented, customer driven attitude, and works with a sense of urgency.
Job: Finance & Accounting
Primary Location: Americas-US-NY-Melville
Job Type: Standard
Shift: 1st (Day) Shift
We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. Job Number: 186107