Treasury Supervisor

Littelfuse is one of America’s Best Mid-Sized Companies (Forbes) and has been named one of the Best Places to Work in Illinois (Best Companies Group) for 11 consecutive years. With its global headquarters in Chicago, Illinois, USA, Littelfuse is a leading, global manufacturer of electronic components serving more than 100,000 end customers across industrial, transportation, and electronics end markets. We have more than 17,000 employees with operations in 15 countries. From semiconductors to sensors… switches to fuses and more… we produce billions of electronic components that help our customers empower a sustainable, connected, and safer world. In 2021, Littelfuse had net sales of $2.1 billion.

Reporting to the Shared Service Manager, you as a Treasury Supervisor for Littelfuse Mexico will be responsible for managing and overseeing Cash flow forecasting for all Littelfuse Mexico Entities, liquidity, funding, and relationships with Mexico Financial Institutes.

About the job:

Administer all bank accounts, US, Maquiladora & Non – Maquiladora Entities. including new accounts, new signers and maintain clear records internally.

Monitoring & Managing Bank Reconciliations and liquidity managements for US and Mexican Bank accounts.

Cash Management for Maquiladora and Non – Maquiladora legal entities.

Working closely with the business to minimize financial risk.

Reviewing funding needs, monthly reporting of all treasury activities to senior management

Analyzing and performing appropriate hedging and funding activities

Managing treasury operations and controls (cash pooling)

Managing banking relationships and managing KYC process.

Driving treasury-specific projects/initiatives across the region

Monitoring compliance with financial regulations and reporting requirement

Control of Intercompany transactions within US & Mexican Entities.

Daily Cash Management.

Support Month end Closing with Banks & Accounts Reconciliations

Review & Maintain Kyriba and other data compliances information.

Managing Payable Cash flow for different Legal entities.

Location: Hybrid, Matehuala SLP, Piedras Negras Coahuila, Matamoros Tamaulipas.

About you:

Bachelor’s degree in accounting, finance or equivalent.

Bilingual

Experience in managing the treasury function as well as experience in treasury accounting including FX, liquidity, cash flow and various financial instruments.

Knowledge of the Accounting Principles and Procedures.

Experience with General Ledger Functions and the month end / Year end close process.

3+ experience with manufacturing companies in positions with responsibility in areas such as Accounting, Accounts Payable, Treasury & Accounts Receivable.

Well Understanding of the Mexico Tax Law and Cash Regulations. Local Compliances.

Advanced business degree

SAP CO, MM and PP Experience

Strategic acumen - ability to consider the big picture and understand business on global scale

Analytical skills and critical decision skills

Teamwork – ability to collaborate with global, cross-functional teams

Effective communication skills

Littelfuse strives to empower associate growth and development in a culture of ongoing collaboration and respect for diverse global perspectives and expertise. Our Core Values – Customer Focus, Integrity, Innovation, Teamwork and Results Driven – support us on our mission to improve the safety, reliability, efficiency, and performance of our customers’ products and systems.

We are an equal opportunity employer that takes pride in giving every associate the means and courage to make a difference – everywhere, every day.

We offer a competitive salary package and a variety of benefits, including Medical Insurance, Grocery Bonus, Life Insurance, Dental Care plan as well as development opportunities like internal Lean Six Sigma Certification.

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