Treasury Reporting and Control Manager (G31)

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and also provides customized financial services, information technology and truck parts related to its principal business.

Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services — you can develop the career you desire with PACCAR. Get started!

Job Functions and Responsibilities

Treasury Management System

• Primary point of contact with 3rd party systems providers and internal IT department to ensure availability of treasury management systems (Quantum and FXall) and derivatives accounting / management system (Bloomberg).
• Run month-end Treasury accounting process in Bloomberg and Quantum for global PACCAR entities.
• Serve as a key point of contact to ensure market data, static data and user access are complete and accurate in Quantum and Reval systems.
• Serve as a key point of contact for system enhancements and upgrades.

Accounting and Financial Reporting

• Assist with external financial reporting of 10-Qs and 10-K, including preparing/reviewing derivative footnote, market risk disclosures and other footnote disclosures.
• Act as primary contact with internal and external auditors related to derivative accounting and disclosures.
• Review/update derivative policies to ensure completeness, accuracy and compliance with U.S. GAAP and IFRS.
• Review various Treasury transactions and research applicable accounting guidance to determine appropriate accounting treatment under U.S. GAAP and IFRS.
• Partner with Treasury in development of hedging programs and practices.
• Assist with preparation of monthly internal management reports.

Controls and Other

• Review derivative accounting processes and systems to ensure key controls are in place and performing as intended to ensure compliance with internal audit and SOX requirements.
• Conduct quarterly derivative and hedging committee meeting.
• Other projects supporting global Treasury teams as assigned.

Qualifications and Skills

REQUIRED QUALIFICATIONS

• BS / BA in Accounting. Seven to ten years of progressive accounting experience, with a minimum of 3 to 4 years of accounting for derivatives.
• Strong background in hedge accounting requirements under U.S. GAAP and IFRS.
• Knowledge of valuation concepts for various types of financial instruments (interest rate swaps, cross currency swaps, foreign exchange contracts, embedded derivatives, etc.).
• Experience with treasury workstations (Quantum, FXall, Bloomberg).
• Proficiency in Microsoft office software packages including Excel, Word, Access and PowerPoint.
  Strong analytical skills.
• Excellent verbal and written communication skills.
• Ability to work independently as well as part of a team.

DESIRED QUALIFICATIONS

• MBA, CPA and/or CFA strongly preferred.

Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off – minimum of 10 paid vacation days (additional days are provided with additional seniority/years of service), 12 paid holidays, and sick time
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA)
• Paid short-and long-term disability programs
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more
• This position is also eligible for a holiday gift

Additional Job Information

PACCAR is an E-Verify and Equal Opportunity Employer/Protected Veteran/Disability. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors including your education, training, or experience. The salary range for this position is $-$  annually. Additionally, this role is eligible for the full range of benefit options listed above.