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BD (Becton, Dickinson and Company) Director of Treasury, Assistant Treasurer in Franklin Lakes, New Jersey

Job Description Summary

Job Description

Becton, Dickinson & Co. – Diabetes Care

Position Title: Director of Treasury, Assistant Treasurer

It is contemplated that within the coming months, BD will spin off Diabetes Care into a new publicly owned corporation, which will be named embecta (“NewCo”).

The Director of Treasury, Assistant Treasurer will assist the VP, Treasurer with all aspects of managing the Treasury function. This position is responsible for oversight of the company's global treasury operations, assisting the Corporate Treasurer with debt/capital markets activity, monitoring and mitigating financial risk, and leading the implementation of international funding, repatriation and capital deployment strategies.

Responsibilities:

  • Manage the company’s cash flows and liquidity positions, ensuring cash is available to fund the company’s growth initiatives and business plan. Oversight of treasury operations including day-to-day cash management operations, short-term investing/borrowing decisions, and bank account administration.

  • Assist the Treasurer and Tax Department in developing and executing cash repatriation strategies. Coordinate across regions and internal departments, such as Tax, Accounting, Legal and Operations to centralize cash.

  • Plan and execute intercompany loans, dividends, settlements, and capital injections to/from or among international entities.

  • Invest surplus liquidity in compliance with the company’s investment policies. Monitor international entity cash levels and cash pooling arrangements. Manage the operations of the inhouse bank structure.

  • Create and maintain the global cash flow forecast. Forecast average and ending cash balances by geography, interest expense and interest income.

  • Assist the Corporate Treasurer in capital market financing transactions.

  • Monitor financial covenants for the Company’s debt portfolio.

  • Manage financial risks, including foreign exchange exposures, interest rate risk, and commodities. Recommend appropriate hedging strategies. Responsible for hedging activities, including pre-trade exposure assessments, hedge execution and post-trade reporting activities.

  • Support M&A activities, including planning, deal funding, and integration of day-to-day treasury activity post-transaction.

  • Support the company’s global insurance program.

  • Ensure adequate internal controls and adherence with audit compliance requirements.

  • Implement efficiency projects in cash management and treasury operations. Recommend and implement new banking services or technology solutions to improve efficiency and daily operations.

  • Manage relationships with financial institutions and other third-party providers.

  • Create, maintain, and update Treasury operational policies/procedures.

Education and Experience

  • Bachelor’s degree in finance or accounting. MBA and CTP preferred.

  • 10+ years of corporate treasury experience with global organizations.

  • Strong understanding of capital markets, credit markets, and derivative instruments.

  • Familiar with cash/bank management systems.

  • Accounting knowledge and understanding of financial analysis.

  • Supervisory experience is required.

  • Highest level of personal integrity and ethics.

  • Strong attention to detail, good communication skills, and solid time management.

For many roles at BD, employment is contingent upon the Company’s receipt of sufficient proof that you are fully vaccinated against COVID-19. In some locations, weekly testing for COVID-19 may be available instead of vaccination. Consistent with BD’s Workplace Accommodations Policy, requests for accommodation will be considered pursuant to applicable law.

Primary Work Location

USA NJ - Franklin Lakes

Additional Locations

Work Shift

Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status.

Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status.

All applicants should complete the on-line application process. BD is committed to working with and providing reasonable accommodations to individuals with disabilities. If you require assistance or an accommodation because of a disability to participate in the application process, please call 855-BD-HELPS (855-234-3577) or email asc.americas@bd.com

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