Finance Manager, Treasury at LOTTE Biologics

Job Locations US-NY-East Syracuse
ID
2023-3079
Category
Accounting/Finance
Position Type
Regular Full-Time

Overview

Lotte Biologics Company Logo

LOTTE BIOLOGICS located in East Syracuse, NY is seeking a Finance Manager, Treasury to join our team who entered the biologics Contract Development Manufacturing Organization (CDMO) business after acquiring Bristol Myers Squibb’s Syracuse biologics drug substance manufacturing site, on January 1, 2023!

Responsibilities

We are searching for a Finance Manager, Treasury to manager and oversee overall treasury functions.  This is a managerial role and will be reporting to the Director of Finance. This role is a meaningful role in supporting overall treasury tasks that include management of the cash, cash pool banking structure, liquidity, and debt portfolio. This role also conducts accounting of debt instruments, derivatives, cash forecast and various types of treasury functions.  This role is expected to require strong understanding of tasks related to deposit, withdrawal, funding, AP and AR. 

 

  • Responsible for forecasting, scenario generation, stress testing and managing cash balances
  • Enter and approve wire transfer requests and ad-hoc payments while staying in compliance with policies and guidelines
  • Coordinate daily liquidity needs to maximize investment returns
  • Work with necessary third parties to ensure accurate cash flow forecasting and manage loan/deposit
  • Respond to documentation requests from banking partners which required liasing with Legal or Tax, including KYC, AML, FATCA requests.
  • Responsible for the development and improvement of treasury systems and reporting
  • Develop effective controls and a formal compliance program for the Syracuse, NY site
  • Support special projects
  • Performs other duties as assigned.

Qualifications

  • Certified Treasury Professional (CTP) is preferred, but not mandatory
  • Bachelors degree in Accounting, Business Administration, Economics, Finance or related discipline.  In the absence of a degree, directly related job experience serving in a treasury role, where a number of years have proven knowledge may offset the degree requirement.
  • 5+ years of experience in financial services, cash management, wire transfer operations, bank operations or related fields
  • Ability to work collaboratively with finance and accounting
  • Ability to work with external counterparts which includes a strong understanding of treasury workstations and banking platforms
  • Maintain cash flow by managing cash forecasting models and monitoring bank balances and cash requirements
  • Excellent analytical skills and accuracy, attention to detail is a must
  • Prior experience with contracts, PO, AR and AP is a plus
  • Experience in the manufacturing or biopharma industry (CDMO) is a plus
  • Experience in managing others is a plus

What Qualities Are We Looking For?

  • Highly motivated manager who can drive and coach finance staff in the team
  • Passionate about the biopharma sector and innovation in healthcare.
  • Strong financial acumen and knowledge of financial processes; focus on details/accuracy and analytical skills
  • Energetic, collaborative and dedicated
  • Excellent communication and presentation skills
  • Ability to work in a team setting with a diverse group of employees and managers
  • Excellent time management skills with the ability to plan, organize and execute priorities
  • Proficient in Microsoft Office Suite
  • SAP experience a plus

Physical Requirements:

  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to or greater than 15 pounds at times.

Work Location:

East Syracuse, NY

Company Website

Company Profile

LOTTE BIOLOGICS was established in 2022, and is headquartered in Seoul, South Korea. LOTTE BIOLOGICS entered the biologics CDMO business after acquiring Bristol Myers Squibb’s Syracuse biologics drug substance manufacturing site, as of January 1, 2023!

 

The newly established organization aims to become a Global Top 10 CDMO company in the biopharmaceutical industry.  With initial operations in 1948 in Japan, LOTTE has grown to become the fifth-largest conglomerate corporation in South Korea. LOTTE has various business units, including petro/fine chemicals, food, retail, hotels, electronics, construction, and IT. LOTTE has 30+ global locations across the US, Europe, and Asia.

 

An Equal Opportunity Employer

We do not discriminate based on race, color, religion, national origin, sex, age, disability, genetic information, or any other status protected by law or regulation. It is our intention that all qualified applicants are given equal opportunity and that selection decisions be based on job-related factors.

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