Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, distributor, and retailer of bedding products worldwide, we know how crucial a good night of sleep is to overall health and wellness. Utilizing over a century of knowledge and industry-leading innovation, we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries. Our highly recognized brands include Tempur-Pedic, Sealy and Stearns & Foster. We hire people who have a passion for helping others find their best night's sleep. No matter what stage of your career, you can build your future at Tempur Sealy!
OUR COMPANY OFFERS GREAT BENEFITS, INCLUDING:
- Generous Paid Time Off
- Competitive Medical, Dental & other wellness programs
- Disability and Life Company Paid
- Retirement Plan Options
- Generous Employee Purchase Discounts
Pay Range: $76,000-$109,000
Job Summary:
The Sr. Treasury Analyst - Capital Markets is responsible for providing critical analysis related to the capital structure of the company and debt instruments; providing support in launching debt deals and share repurchases and managing existing loans. This position also provides important support for cash forecasting and daily cash operations as well as FX execution and risk management / insurance. This role has direct contact with Sr. Management and provides support to add hock strategic initiatives. Excellent communication, analytical and project management skills are imperative.
What You'll Do (Essential Duties and Responsibilities):
Capital structure and other analyses:
- Assist in periodic determination of optimal capital structure including
- Timing to call bonds
- Optimal fix vs floating debt mix
- Explore potential cross currency SWAP interest saving alternatives
- Manage proper execution of share buyback program
- Provide critical support to launch debt deals
- Manage calendars
- Develop PowerPoint presentations
- Provide weekly analysis of bond performance to CFO
- Create investment policy for Captive Insurance company
- Develop internal and external contacts / relationships needed to inform and coordinate capital markets activities, including:
- TPX GFR
- TPX Finance / FP&A
- Various bankers including key leveraged finance contacts at JP Morgan, Bank of American, Wells Fargo, and other relationship banks.
- Internal and external counsel (e.g., Cleary Gotlieb)
Manage existing debt:
- Assist in preparing periodic debt compliance calculations and certificates (mainly quarterly)
- Coordinate daily, weekly and monthly borrowings and pay downs
- Prepare monthly interest accrual
- Manage Accounts Receivable Securitization program and monthly reporting
Other Analytical responsibilities:
- Own WACC calculation
- Create and maintain annual share of wallet analysis
- Overview risk of financial counterparties quarterly
- Provided analysis of public company's stock debt transactions and credit default swaps as needed
- Determine benchmark rates for leases
- Assist with due diligence of companies as needed
Back-up for other Treasury operation including:
- Manage the organization's domestic and global cash position
- Input wire and ach disbursements
- Send positive pay files to banks and manage exception process
- Perform daily reconciliation of cash
- Assist with foreign exchange trades
- Assist with the administration of banking platforms and treasury systems
- Prepare and consolidate cash and debt forecast
- Maintain bank account database
- Ensure timely and accurate delivery of treasury information and services to financial planning, accounting, audit, legal and other departments.
Back-up for Risk management matters including:
- Assist in the administration of the global insurance program
- Assist with assessing and managing corporate risk including purchased and self-insurance
- Coordination and assistance with underwriting and insurance applications submission completion
- Certificate issuance and tracking
- Risk Management information systems (Riskonnect) administrator
- Prepare reports, metrics and presentations for internal use, senior management and external partners (underwriters)
- Perform other duties as assigned.
What You'll Need (Qualifications):
- High School diploma
- College degree preferred with concentration in business, finance or accounting. MBA is a strong preference.
- Preferred Certifications: Certified Treasury Professional (CTP) Certified Public Accountant (CPA)
- Two+ years of work experience preferably in treasury, finance, banking or accounting firm.
Tempur Sealy is proud to be an Equal Employment Opportunity and Affirmative Action employer. We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type based upon race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.