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Join to apply for the Treasury Director role at BioMarin Pharmaceutical Inc.
BioMarin Pharmaceutical Inc. provided pay range This range is provided by BioMarin Pharmaceutical Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $176,000.00/yr - $242,000.00/yr
Direct message the job poster from BioMarin Pharmaceutical Inc.
Recruiting Consultant at BioMarin Pharmaceutical Who We Are BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health. Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities. Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need . We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options. About Corporate Groups It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin. Treasury Team and Position Summary Vision: Be a strategic and scalable best in class Treasury Organization focused on risk management and value creation. Mission: Act as BioMarin’s trusted financial steward by providing meaningful advice and risk mitigation strategies in support of the development and distribution of patient therapies worldwide Reporting to the Treasurer, the Treasury Director will be primarily responsible for the Foreign Exchange, Insurance and Risk . Additionally, a candidate with experience in Capital Markets, Credit Ratings and Shareholder Return of Capital will be able to leverage that knowledge to support key corporate objectives. This role will require someone with multi-national corporate treasury experience who is highly technical, hands-on, detail oriented , with strong organizational and communication skills . The i deal candidate would be someone interested in developing all aspects of corporate treasury function with natural leadership abilities. This role is based in the San Rafael offices of BioMarin. Responsibilities :
Foreign Exchange: Manage the identification/consolidation of FX exposures, review/propose optimal hedging strategies and execution of FX trades , ensure compliance with FX Policy . Own adherence to the regulatory environment . Prepare FX performance analysis and presentations on a monthly/quarterly basis including preparation of the 10Q and 10K disclosures . Working closely with Corporate Accounting to ensure all hedge strategies and trades are properly setup and documented in CapellaFX .
Corporate Finance : Develop and maintain various Treasury management reports, including monthly/quarterly reporting, Other Income and Expense forecasting and analysis. Review customer credit risk (CECL) and capture bank counterparty exposure.
Capital Markets & Credit Revolver Compliance: Support the Treasurer in maintaining convertible debt schedules and settlements. Own the Credit Revolver quarterly compliance and covenant tracking in close collaboration with Legal Team. Support any engagements with the Credit Ratings Agencies .
SOX & Process Documentation: Maintain all workflows and process documentation for functional ownership areas in Treasury and assist internal and external auditors in walkthroughs and reviews.
Required Skills: Prefer 10+ years of experience in multi-national Corporate Treasury department with exposure across bank products including capital markets , foreign exchange and investments
Self-starter with leadership skills, project management and operations experience
Excellent communication and organizational skills
Strong analytic and financial modelling skills (Excel, Hyperion Planning)
Working knowledge of FX derivative accounting (ASC815, ASC830) , disclosures and regulatory landscape (Dodd-Frank, EMIR)
Experience using treasury workstations (FIS Integrity) , risk management systems ( CapellaFX , Clearwater, FXall , Eikon, Bloomberg) and various bank systems ( CitiDirect, BOA CashPro, WF CEO)
S trong work ethic, attention to details, ability and willingness to work effectively independently as well as part of a team , share knowledge in a collaborative fashion
Have you got what it takes to succeed The following information should be read carefully by all candidates.
Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.
Equal Opportunity Employer/Veterans/Disabled
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Seniority level Seniority levelDirector
Employment type Employment typeFull-time
Job function Job functionFinance
IndustriesBiotechnology Research and Pharmaceutical Manufacturing
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