BorgWarner is currently seeking a “dynamic, results-driven” individual to join as a Treasury Manager, Capital Markets at our World Headquarters in Auburn Hills, Michigan. The Capital Markets Manager is responsible for cash, debt and overall liquidity management. Responsibilities include, global cash management, cash forecasting and reporting, intercompany funding , supporting capital market transactions and banking relationships. The role also involves analysis and presentation development for management and Board of Directors’ meetings.

Key responsibilities

• Consolidate, monitor and forecast global cash balances and cash flows, including cash flow models to validate forecast submissions

• Coordinate regional cash flow and cash balances (OneStream, forecast and reporting)

• Support capital market transactions, including corporate debt issuances, liability management including debt tenders, corporate dividends and share repurchases

• Monitor compliance with BorgWarner’s corporate credit agreement

• Cash forecast: interest expense/income forecast, capex analysis, regional cashflow forecast review and consolidated cashflow forecast liquidity report. Indirect cash flow forecasting responsibilities.

• Analysis of variances of free cash flow actual performance vs. Budget and vs. Forecast.

• Highlight performance and analysis for balance sheet activity, working capital trends (DPO, DSO and inventory turns), global liquidity fluctuations and debt/EBITA ratios.

• Presentation and analysis for management and BOD on cashflow, capital allocation, financing, analytics explaining competitor performance and treasury updates. Preparing ad hoc analysis, trends and variance reports, researching unusual treasury activity and finding explanations

• Month-end and quarterly reporting: interest expense/income, capitalized interest support and liquidity report review

• Support 10-q and 10-k filings. Debt reporting: footnote, fair value and debt covenant compliance

• Corporate guarantee issuance / updates

• Letters of credit: coordinate renewals and updates

• Intercompany funding management, including IC loan renewals, drawdown/paydown approvals, and reconciliation

• Developing, training and mentoring treasury staff

• Supervision of two financial analysts

What we’re looking for

• Bachelor’s degree in a business discipline required

• MBA or CPA preferred

• Minimum 10 years overall experience in corporate and / or business finance and accounting

• 4+ years of direct experience in Treasury related responsibilities preferred

• Background and knowledge of accounting, tax, internal controls, and financial analysis

• Software skills, including word processing, Excel, PowerPoint, OneStream, SAP and Kyriba cash management software

What we believe

• Inclusion-We value diversity in people, ideas, and experiences.

• Integrity- We believe in transparency, authenticity, and depend on each other to deliver what we promise.

• Excellence- We contribute to our developments by seeking knowledge and sharing information.

• Responsibility- We care about our local communities and the global environment.

• Collaboration- We are one BorgWarner.

Safety

This position will adhere to Global Star Safety Program, including safety rules, practices and training as outlined in the BorgWarner PTC Safety Policy Manual, which includes the use of equipment, protective devices, or clothing that the employer requires. This individual will work in manners that stress the importance of preventing accidents and illnesses. He/she must take every precaution reasonable in the given circumstance for the protection of themselves and coworkers. In addition, he/she is responsible for reporting all injuries and/or possible dangerous situations, incidents, or occurrences to the immediate supervisor.

Equal Employment Opportunity

BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.

Visa Sponsorship

BorgWarner does provide sponsorship for employment visa status based on business need. However, for this role, applicants must be currently authorized to work in the United States on a full-time basis.

No Unauthorized Referrals from Recruiters & Vendors

Please note that BorgWarner and any of its affiliated companies does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to BorgWarner will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.

Join the company that is creating solutions that support a cleaner, more energy-efficient world.

For more information about BorgWarner, please visit www.borgwarner.com

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BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work and amazing technology in a unique environment. At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.

Our Culture

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Career Opportunities

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies and future vision. We offer a strong local presence and interesting global opportunities. Start your future with BorgWarner now!