Manager, Treasury

Heico has a history of success. Since its founding over 40 years ago, The Heico Companies has grown from a single business to over 80 separate companies through a strategic acquisition policy and by reinvesting its earnings into internal growth and new prospects. Historically talented at restoring distressed companies, Heico now strategically targets acquisitions that will complement its ever-growing portfolio of companies in manufacturing, construction, and industrial services.

These four core operations are organized into groups: Metal Processing Group, Construction Solutions Group, Applied Solutions Group, and Industrial Technologies Group. Once acquired, new Heico companies are assigned to a group and run on a stand-alone basis, allowing for great independence as well as the opportunity to share knowledge about markets, production processes, and management practices across other Heico groups and companies. Each Group has its own corporate team.

Heico continues to seek out new opportunities and maintain its standard of success. The Heico Companies has remained a privately held company since its creation and maintains a majority ownership in its operations, generating more than $3 billion in revenues. Many of our businesses are certified Woman-owned Business Enterprises (WBE).

More information about the holding company and overall organization can be found at

This position will play a key role within the Heico Corporate Treasury organization by leading, identifying and creating opportunities and efficiencies that support financial stability and liquidity.  Reporting to the Treasurer, the person will lead a robust FX risk analysis/hedging function, domestic and international cash management operations, evaluate best practices for various foreign cash pooling structures, assist in management of bank relationships, lead debt management programs including intercompany loans, managing the unclaimed property compliance efforts, and overseeing corporate card programs. The role requires strong financial acumen, communication skills and cross functional interaction abilities to perform risk insurance analysis/allocations, data analytics, and drive regular and ad hoc reporting. The role will be responsible for managing a team of two direct reports, continuing their existing development and mentoring the analyst positions.

Job Description

Primary Responsibilities

Capital Structure – Debt & Investments

• Be a critical resource for Treasurer and VP Finance related to debt capital structure decisions
• Assist Treasurer in managing banking, risk and credit relationships throughout Heico
• Develop strategies for deploying equipment financing and real estate mortgages
• Assist in analysis of potential acquisitions as well as banking/insurance integration of acquisitions
• Oversee payment and analysis of private placement note principal and interest
• Oversee and direct intercompany loans and recommend repatriation strategies
• Direct Letter of Credit/Bank Guarantee function
• Oversee investment activity

Working Capital Management and Strategies

• Develop strategies and enhance the virtual card programs throughout Heico
• Oversee travel and procurement card program relationships
• Support Security Administration function amongst all online banking platforms
• Ownership of the unclaimed property compliance including reporting on progress to sr. management

Risk Management - FX

• Maintain exposure data for both FX and Commodities and recommend strategies to mitigate exposures
• Direct team to develop analytics/metrics for FX Hedging Program/FX exposures, utilize workstation and other tools to provide updated exposure and hedging data

Risk Management - Insurance

• Prepare exposure data for risk management related to all insurance program renewals
• Become leader in insurance program working with broker on annual renewals
• Assist in working with Captive Insurance managers related to captive insurance program
• Manage insurance allocation process for insurance premiums to Heico’s various business units

Liquidity, Cash Management and Reporting

• Direct liquidity management for international treasury locations
• Lead the international treasury function from a liquidity and structure perspective
• Develop and organize framework for the reporting treasury data in PowerBI

Financial Analysis Oversight

• Review bank fee, bank account database analysis and recommend improvements/cost savings
• Assist in preparation of daily and monthly treasury reports

Education

• Bachelor’s degree in Finance or Accounting

Skills & Relevant Work Experience

• 5-10 years’ experience in Treasury as a Treasury Manager or Finance Manager
• Some financial analysis background preferred
• Demonstrated ability to manage time and prioritize projects to meet deadlines
• Strong written and verbal communication skills
• Ability to cultivate talent and develop team
• Excellent critical thinking skills to help solve business problems and make decisions
• Proficiency in Microsoft Office Excel and Microsoft Office suite
• Microsoft D365 exposure is a plus
• GTreasury is a plus
• Familiarity with Microsoft Power BI a plus

EOE M/F/D/V