Full Job Description
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing. The refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.
The logistics operations primarily consist of Delek Logistics Partners, LP. Delek US Holdings, Inc.and its affiliates own approximately 63% (including the 2 percent general partner interest) of Delek Logistics Partners, LP. Delek Logistics Partners, LP (NYSE:DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets.
The convenience store retail business is the largest 7-Eleven licensee in the United States and operates approximately 300 convenience stores in central and west Texas and New Mexico.
Lead Cash Manager
The Delek Treasury team has an immediate opening for a highly qualified and motivated candidate for a great opportunity. Along with two experienced treasury analysts, the candidate will lead all cash management activities for the company and will manage workflow tools and processes to ensure seamless execution of treasury strategies. The candidate will have multinational experience using a large scale ERP platform and will need to develop strong relationships across the company, including finance, tax and legal teams to ensure delivery of the Treasury strategy as well as provide support for business decisions.
Description & Responsibilities:
Supervisory responsibilities include leading a team of two treasury analysts
Analyzes and manages incoming and outgoing cash effectively on a daily basis
Ensures adequate liquidity across the company and manages working capital
Executes funds transfer and transfers to/from investments
Performs daily cash reconciliations and monitors bank accounts for unusual items
Administers short-term investments
Help implement investment strategy through ongoing portfolio management, asset allocation, and duration studies
Leads the development of KPI reports for liquidity and cash operations
Works closely with the cash forecasting team to report cash and other financial data
Develops and maintains treasury policies and procedures for cash management and payments to ensure compliance with Delek’s internal control framework
Compiles and analyzes treasury information to meet monthly, quarterly, fiscal year end management reporting, and external auditor requirements
Identifies and leads the implementation of treasury best practices
Reviews bank account structures and makes recommendations to optimize and simplify cash transfers and reduce the number of bank accounts
Along with the banking manager, liaises with banks to address any account issues and queries
Assists with the design and implementation of the SAP treasury management platform
Leads deployment of TMS functionality and organizational process change to facilitate automation and adoption of best practices for cash management and payment processing
5+ years of multinational treasury experience with at least 3 years in a leadership position
Track record of improving processes, leading projects and influencing decision-makers
Experience implementing a large scale ERP treasury platform
Ability to work effectively on multiple projects and tasks
Proficiency in Excel and PowerPoint
Certified Treasury Professional (CTP)
Excellent interpersonal skills; adeptly interact across departments and management levels
Curious, energetic, motivated and team-oriented
Bachelor’s degree in finance, accounting or economics
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin, disability status, protected veteran status, or any other characteristic protected by law. Equal Opportunity Employer/Disabled/Veterans.