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Treasury Manager

AT Snap
Snap

Treasury Manager

Remote

Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. Our products empower people to express themselves, live in the moment, learn about the world, and have fun together.

The Finance Team includes Finance Business Partnership, Accounting, Finance Operations, Financial Systems, Internal Audit, Tax, Treasury, and Investor Relations teams. Together, the team partners with leadership to provide insights, information, and guidance to make strategic and operational decisions, inform investors about our business model and progress, and ensure the company is financially healthy and consistently meeting our reporting obligations.

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We’re looking for a Treasury Manager to join Snap Inc! As a member of the Treasury team, you’ll play a key role in providing valuable insights that can translate into business recommendations. Working from our Santa Monica, CA office, you’ll collaborate with cross-functional teams to support the company’s operations 

What you'll do:

  • Oversee and manage Snap’s corporate treasury operations

  • Oversee and manage the company’s global cash position and global cash flow forecast, monitoring and building on a consolidated basis as well as an entity basis

  • Build financial models to optimize our working capital metrics and improve forecasting accuracy

  • Manage excess cash and maximize return on investments in compliance with investment policy 

  • Recommend strategies for managing investments including changes in investments policy to address changes in market conditions

  • Partner with Tax, Legal, and Accounting teams to execute capitalizations, intercompany loans, intercompany settlements, and other treasury operations projects

  • Managing intercompany relationships and settlements, maintaining appropriate capital levels for operating needs to support Treasury’s cash liquidity strategies, and ensuring FX exposure is managed appropriately

  • Ensure compliance with Treasury controls and assist in all quarterly and annual review and audit requests

  • Support M&A transactions and integrations 

  • Quantify and analyze the company-wide foreign currency transaction, economic, and translation exposures

Knowledge, Skills & Abilities:

  • Extensive treasury operations experience including banking/cash operations and cash management/forecasting

  • Prior work experience in multiple areas within treasury (Cash Management, Treasury Operations, FX, or Investment Management) 

  • Experience working in a fast-paced environment and handling multiple projects simultaneously

  • Excellent communication skills, written and verbal

  • Effective interpersonal skills with the ability to work cross-functionally and establish strong relationships

  • Strong curiosity and willingness to learn and improve processes

  • Exceptional understanding of GAAP accounting

  • Significant expertise with Microsoft Excel/PowerPoint and Google Docs/Sheets 

  • Very solid experience using various Treasury, banking, and financial reporting systems 

  • Foreign currency risk management experience in cash flow and balance sheet hedging is highly preferred

  • Experience within a publicly traded company treasury function is highly preferred

Minimum qualifications:

  • Bachelor’s degree or Master’s degree in accounting, finance or related field

  • 5+ years of relevant treasury professional experience (including 3+ years of experience managing people and leading a team) 

Preferred qualifications:

  • Experience in tech or digital media industries

  • Master’s degree or MBA

  • Experience in global corporate treasury 

Our Benefits: Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid maternity & paternity leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success

 

At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. If you have a disability or special need that requires accommodation, please don’t be shy and contact us at accommodations-ext@snap.com.

Job ID: bce924f6122d4428513f8e1fa33e991b4a84c1d2aa8d0f0c00117ae27561db4b
Employment Type: Other