Treasury Manager

Great vacations begin with great employees! 

Combine your experience and sense of adventure by joining our exciting team of employees in Miami, Fl.  Royal Caribbean Cruises Ltd. is pleased to offer a competitive compensation & benefits package, and excellent career development opportunities, each offering unique ways to explore the world.  

Position Summary:

This position is responsible for the oversight of the daily Treasury operational activities which include management of cash, short term investment of excess cash, processing of Treasury payments, spot trading of foreign currencies and short term liquidity forecasting.  Other responsibilities include coordinating with Corporate Accounting to ensure Treasury initiated transactions are accurately accounted for in the general ledger, the approval of transactional data in the banking systems or Treasury workstation and the maintenance of bank accounts within the bank account relationship databases. This position interacts extensively with our external banking partners and internally with various departments across the company.

Career Snapshot:

• Daily Cash Management: Manage the reconciliation of the daily cash position to ensure bank accounts are not overdrawn and the transactions are accurately accounted for in the financial systems. Liaise with finance department leaders across the organization to ensure cash is being concentrated in the most efficient manner and payment terms are being adhered to. Manage the daily, weekly and monthly reporting and ad hoc analyses of the global cash position of the parent.
• Short-Term Investments: Manage the investment of excess cash in accordance with the approved corporate policy guidelines.  Monitor existing investments, as well as new investment opportunities and present proactive recommendations.
• Interest Income/Bank Fees: Prepare monthly, quarterly and annual forecast for interest income and bank fees. Provide a monthly variance analysis of the same and monitor transaction activity to ensure bank transactional costs are at the optimal levels.
• Treasury Payments: Process Treasury payments including those related to debt and equity financings, derivatives and spot foreign currency trades, and intercompany transactions.  In coordination with Legal, manage the process to pay new ship construction installments.
• Foreign Currency Exchange: Prepare recommendations for spot foreign currency exchange transactions in coordination with other Treasury functions.  Perform spot foreign currency exchange transactions via electronic platform.
• Liquidity Forecasts: Manage the preparation of rolling and short-term liquidity forecasts.  Recommend short-term debt borrowings and repayments. Provide analytical support to the Director of Treasury Operations' rolling twelve month liquidity forecasts. 
• Back Office: Coordinate with Corporate Accounting the recording of Treasury transactions.  Handle a variety of requests for data, such as audits, 10Q/10K  reconciliation, New York Fed CQ-1 Report of Financial Liabilities to Foreign Residents and IRS' Report of Foreign Bank and Financial Accounts (FBAR).  Manage recordkeeping, including electronic storage of Treasury activity.
• Treasury/Bank Systems: Oversee banking and custodian systems and the Treasury workstation to ensure these properly support the other finance and accounting areas.  Liaise with the banks and IT as required.  Coordinate the entry of transactions into the Treasury workstation such as investments, borrowings and derivatives.  Pursue continuous improvement of Treasury workstation capabilities.
• Bank Account Management: Manage the opening and closing of bank accounts in coordination with Legal.  Proactively update signatories in coordination with Internal Audit.  Monitor and maintain bank accounts records in Treasury workstation.  Liaise with the banks on behalf of the various areas of the company such as Accounts Payable and Accounts Receivable.  Recommend opportunities to save on banking fees.
• Trade Finance: Manage the issuance of letters of credit, bank and insurance guarantees, surety bonds and parent guarantees.
• Ship Cash: Assists with the coordination of cash deliveries to and deposits from the ships in the fleet.

Requirements:

• BA/BS degree in Finance, Accounting, Economics, Business or related field.
• 5-8 years corporate finance, accounting and/or banking experience
• Experience with Treasury workstations, such as SunGard Integrity, and Bloomberg
• Understanding of financial and credit markets
• Highly proficient in Microsoft Excel

Preferred:

• Certified Treasury Professional (CTP) preferred

Thank you for your interest in this role. Royal Caribbean Cruises Ltd. is the world's second largest cruise company, operating under Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises brands. These brands offer an array of onboard activities, services and amenities, including simulated surfing, swimming pools, sun decks, beauty salons, exercise and spa facilities, ice skating rinks, in-line skating, basketball courts, rock climbing walls, miniature golf courses, gaming facilities, lounges, bars, Las Vegas-style entertainment, cinemas and Royal Promenades, which include interior shopping, dining and an entertainment boulevard.

Join our team as our Manager, Treasury.  Once you click to apply below, it will take you 10-15 mins to complete our application, which will help us better qualify your candidacy.   If you are being considered for this position you will hear back from us within the next 30-60 days.  During this time, you can view your application status on our career site.  

Join us at Royal Caribbean Cruises Ltd., where great vacations begin with great employees!

RCL is an Equal Employment Opportunity employer.

Job: Treasury
Primary Location: United States-Florida-Miami
Schedule: Full-time
Shift: Day Job
Employee Status: Regular