Finance Specialist in Global Treasury - Treasury Operations North America

We help the world run better

At SAP, we enable you to bring out your best. Our company culture is focused on collaboration and a shared passion to help the world run better. How? We focus every day on building the foundation for tomorrow and creating a workplace that embraces differences, values flexibility, and is aligned to our purpose-driven and future-focused work. We offer a highly collaborative, caring team environment with a strong focus on learning and development, recognition for your individual contributions, and a variety of benefit options for you to choose from.

Purpose & Objective

SAP’s Global Treasury department is primarily responsible for global cash management, cash flow planning, asset management, internal and external financing, stakeholder management (banks, debt investor, rating agencies), and all areas of financial risk management, e.g., foreign currency, interest rate, and counterparty risk. Furthermore, Global Treasury supports SAP’s overall value chain by engaging in co-innovation projects as well as pre-sales and sales support (“SAP runs SAP”) regarding our Treasury and Cash Management solutions. In addition, Global Treasury acts as a strategic advisor to the Executive Board and closely supports the SAP growth strategy via its expertise in M&A Finance, capital structure and capital allocation policy.

In order to fulfill these tasks, Global Treasury is in close contact with several internal partners, e.g., Global Controlling, Global Tax, Global Legal, Corporate Financial Reporting, and Investor Relations.

The North America Treasury Operations and Processes Team is part of Global Treasury. It is responsible for managing North America Business, managing SAP’s Cash Hub and overseeing operational activities around Cash Management, Financial Risk Management, Bank Account Management and making investment decisions.

In addition, the team is involved in cross-functional Treasury and Finance projects, digitalization and standardization projects. The team works very closely with a variety of internal and external stakeholders such as banks, auditors, CFOs, chief accountants, and tax managers.

Key Duties and Responsibilities

• North American Treasury and Cash Management: Liquidity Management and Forecasting of centralized liquidity, oversight of US cash pools, management of SAP’s global bank accounts.
• Digitalization Projects: Drive digital transformation initiatives by implementing cutting-edge technologies to enhance efficiency, streamline processes, and optimize financial operations.
• Global Treasury Projects: Lead and participate in cross Finance projects, including payment processing, and process automations, Legal Entity Consolidations, etc.
• End-to-End Treasury Processing: Champion comprehensive treasury processes, striving for automation and optimization using SAP Standard Solutions.
• Cross-Functional Collaboration: Collaboration and coordination with various SAP internal stakeholders, such as Accounting, Tax, Payroll, Shared Service Centers and external stakeholders, such as banks and financial service providers.
• Risk Management: Identify, assess, and mitigate financial risks such as liquidity risk, interest rate risk, and foreign exchange risk in order to protect the company's financial stability.
• Analysis and Reporting: Perform global Treasury related analysis and reporting; ensure compliance with Global Treasury Guidelines.
• Regulatory Compliance: Provide support to comply with US regulated topics like Unclaimed Property and Dodd Frank Reporting, as well as periodic SOX related reporting and SOX and financial audit support.
• Integration of New Entities: Integration of newly acquired or merged entities from a system and process perspective including training, system testing, and implementation of Treasury best practices.
• Bank Relationship Management: Manage regional bank relationship with our core and non-core banks.

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting, and/or Banking, or related field.
• 3-5 years of experience in a Treasury, Treasury Consulting, or related role.
• Good experience with treasury management systems (SAP TRM), SAP Cash Management and SAP S/4HANA.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Proficiency in Microsoft Excel and financial modeling.
• Strong knowledge of financial markets, instruments and Treasury management practices.
• Ability to work independently as well as part of a team.
• Result and self-driven personality.
• Project management experience is an advantage.

We win with inclusion

SAP’s culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone – regardless of background – feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better world.

SAP is committed to the values of Equal Employment Opportunity and provides accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: [email protected].

For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program, according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.

Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability, in compliance with applicable federal, state, and local legal requirements.

Compensation Range Transparency : SAP believes the value of pay transparency contributes towards an honest and supportive culture and is a significant step toward demonstrating SAP’s commitment to pay equity. SAP provides the annualized compensation range inclusive of base salary and variable incentive target for the career level applicable to the posted role. The targeted combined range for this position is 79,100 - 170,000 USD. The actual amount to be offered to the successful candidate will be within that range, dependent upon the key aspects of each case which may include education, skills, experience, scope of the role, location, etc. as determined through the selection process. Any SAP variable incentive includes a targeted dollar amount and any actual payout amount is dependent on company and personal performance. Please reference this link for a summary of SAP benefits and eligibility requirements: SAP North America Benefits .

Requisition ID: 425011 | Work Area:Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid