Senior Director Treasury Operations

Senior Director Treasury Operations

At Tenneco, we don't follow industry standards; we set them, and we don't settle for being best-in-class because we hustle to be better than best-in-class. Whether it's our Core Values – radical candor, simplify, organizational velocity, tenacious execution and win – or our Get Stuff Done (GSD) mindset, we're determined to become the most trusted partner and best manufacturer and distributor to the transportation industry. With a product portfolio as expansive as it is innovative, an obsessive commitment to quality and excellence, and a global presence, we're all about getting stuff done, so we can win. How do we make it happen? Through the Tenneco Way. Fueled by our Core Values, a winning mindset and a relentless commitment to excellence, the Tenneco Way is how we win. It's what keeps Team Tenneco bold, driven, and unapologetically focused on pushing past limits and redefining success. Here, you'll work alongside a team of relentless problem-solvers who are committed to making a tangible impact. If you're ready to break boundaries, deliver results, and enjoy the ride along the way, you'll thrive here. Want to learn more about who we are? Check out our website to discover the Tenneco Way.

ABOUT THE ROLE

Senior Director of Treasury Operations

Treasury Operations leads day-to-day global treasury execution for ensuring strong liquidity, disciplined cash forecasting, efficient payment operations, effective bank relationship management, and robust treasury controls. This role partners closely with Accounting, FP&A, Tax, Procurement, Shared Services, and business unit finance to optimize working capital and support strategic initiatives across plants and commercial operations and leadership team.

KEY RESPONSIBILITIES

• Liquidity, Capital planning, Cash Management & Forecasting
• Own daily cash positioning for domestic and international entities; ensure sufficient liquidity across operating units.
• Lead short-term and medium-term cash forecasting (e.g., daily/weekly/13-week) and variance analysis; drive continuous improvement in forecast accuracy.
• Manage intercompany funding, cash concentration/zero balancing, and cash repatriation
• Manage working capital facilities, factoring, supply chain financing
• Oversee treasury operational workflows
• Drive standardization and automation of payment processes
• Manage balance sheet optimization, including working capital management, leveraging financial metrics to ensure efficient use of assets and liabilities.
• Develop strategies to manage and maintain adequate liquidity levels, ensuring that the business can meet its operational and financial obligations while maximizing return on capital
• Support M&A activity related to treasury functions and manage treasury integration with business units.
• Oversee operational execution of FX hedging program and interest rate risk management
• Treasury Systems & Controls (TMS/ERP/Bank Connectivity)
• Own treasury operations configuration and data integrity within ERP/TMS (e.g., bank statement integration, payment connectivity, interfaces).
• Partner with IT and Shared Services to improve bank connectivity (SWIFT, host-to-host, APIs) and reduce manual processing.
• Maintain treasury policies, procedures, and desk manuals; ensure SOX compliance and audit readiness.
• Support compliance requirements related to sanctions screening processes, payment approvals, and banking regulations.
• Coordinate responses to internal/external audit requests related to cash, payments, and bank controls.
• Team Leadership & Cross-Functional Partnership
• Lead/mentor treasury operations team and/or shared service teams; set priorities and performance expectations.
• Partner with Tax on repatriation, withholding tax considerations, and cross-border funding support.
• Collaborate with Procurement and Supply Chain on supplier programs (e.g., supply chain finance, dynamic discounting) where relevant.

JOB REQUIREMENTS

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 15+ years of progressive treasury experience, with significant focus on treasury operations/cash management.
• 10+ years of leadership experience in multinational environment
• Strong knowledge of payment methods and bank platforms; practical experience with bank account management and controls.
• Experience in a SOX-controlled environment; strong understanding of segregation of duties and audit requirements.
• Advanced Excel skills; ability to analyze large datasets and build forecasting models.
• Proven ability to manage multiple priorities in a deadline-driven environment.
• Expertise in working capital programs and structured finance
• Preferred Automotive, manufacturing, or multi-site industrial experience (plants, complex supplier base, high-volume payments).
• Experience with a Treasury Management System (e.g., Kyriba) and ERP payment integrations (SAP).
• Exposure to global cash management structures, FX execution support, or intercompany funding.

We don't want average. We want exceptional. We want someone who's hungry to build, unafraid to challenge, and bold enough to lead with empathy, speed, and precision. Sound like you? Let us know.

Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities