Sumitomo Pharma
Director, Treasury & Corporate Insurance
Sumitomo Pharma, Nashville, Tennessee, United States, 37247
Overview
Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With marketed products in the U.S., Canada, and Europe and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Director, Treasury & Corporate Insurance. The Director will manage global cash operational activities & forecasting, manage bank and broker relationships, and lead a team of two direct reports. This role reports to the VP, Financial Operations & Facilities and will collaborate with colleagues across Finance, Market Access, Legal, HR, and Supply Chain as well as the Treasury Department in Japan. Responsibilities
Oversee and manage treasury operations including cash management, banking structure, and funding operations. Oversee cash forecasting short-term and long-term forecasting using direct and indirect methodologies. Support funding needs and excess cash flow understanding. Develop (with the VP) and execute treasury strategy to reduce working capital globally across group entities and reduce excess cash levels. Direct corporate insurance programs in alignment with business risk profile, including property, casualty, marine, cargo, product liability, foreign clinical trials, management liability, umbrella, and specialty lines. Manage banker and broker relationships. Oversee and manage cash pooling across SMPA group entities and the parent entity in Japan. Design, research, recommend, and implement treasury systems to support operations. Manage short and long-term debt arrangements, including Accounts Receivable Factoring. Support and utilize inter-company payments and arrangements to optimize cash flow while maintaining compliance and tax strategy. Develop and support two direct reports. Key Core Competencies
Ability to work in a fast paced, deadline-driven environment. Attention to detail, organized, analytical, and strategic. Strong problem-solving skills – forward thinker. Strong business acumen and business partnership skill sets. Strong organizational skills – ability to manage competing tasks. Self-starter with executive presence. Understand cultural differences between US and Japan and ability to work across them. Committed to professional development and training to stay current with industry trends and laws. Ability to mentor and train team members. Education and Experience
Bachelor’s degree in finance, accounting, or general business. 10+ years in progressive finance-related roles. Basic knowledge of legal entity jurisdiction and accounting principles. Proficient in advanced Excel (XLOOKUPs, Pivot Tables, complex formulas). Experience with planning software and treasury management software (e.g., Kyriba). Proficient in Microsoft Office Applications. The base salary range for this role is $182,100 to $227,600. Base salary is part of our total rewards package which includes merit-based salary increases, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves provided in line with your work state. Our time-off policy includes flexible paid time off, 11 paid holidays, additional time off during the December shutdown, and 80 hours of paid sick time each year. Total compensation will depend on candidate experience, skills, education, and other factors permitted by law. Disclaimer: The above statements describe the general nature and level of work and are not exhaustive. All personnel may be required to perform duties outside of their normal responsibilities from time to time. Confidential Data : All information encountered is considered confidential. Compliance : Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures for SMPA and affiliates, following best industry practices and high ethical standards. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. Violations may be subject to penalties and liability. Mental/Physical Requirements : Fast-paced environment with multiple demands. Requires initiative, independence, and excellent written and oral communication skills. Requires prolonged use of a computer. Sumitomo Pharma America (SMPA)
is an Equal Employment Opportunity (EEO) employer. Qualified applicants will be considered without regard to race, color, creed, religion, national origin, age, ancestry, nationality, marital or civil union status, sex, gender, sexual orientation, disability, veteran or military status, or any other protected characteristic. Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with operations in the U.S., Canada, and Europe, focused on oncology, urology, women’s health, rare diseases, psychiatry & neurology, and cell & gene therapies. For more information on SMPA, visit our website and follow us on LinkedIn.
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Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With marketed products in the U.S., Canada, and Europe and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Director, Treasury & Corporate Insurance. The Director will manage global cash operational activities & forecasting, manage bank and broker relationships, and lead a team of two direct reports. This role reports to the VP, Financial Operations & Facilities and will collaborate with colleagues across Finance, Market Access, Legal, HR, and Supply Chain as well as the Treasury Department in Japan. Responsibilities
Oversee and manage treasury operations including cash management, banking structure, and funding operations. Oversee cash forecasting short-term and long-term forecasting using direct and indirect methodologies. Support funding needs and excess cash flow understanding. Develop (with the VP) and execute treasury strategy to reduce working capital globally across group entities and reduce excess cash levels. Direct corporate insurance programs in alignment with business risk profile, including property, casualty, marine, cargo, product liability, foreign clinical trials, management liability, umbrella, and specialty lines. Manage banker and broker relationships. Oversee and manage cash pooling across SMPA group entities and the parent entity in Japan. Design, research, recommend, and implement treasury systems to support operations. Manage short and long-term debt arrangements, including Accounts Receivable Factoring. Support and utilize inter-company payments and arrangements to optimize cash flow while maintaining compliance and tax strategy. Develop and support two direct reports. Key Core Competencies
Ability to work in a fast paced, deadline-driven environment. Attention to detail, organized, analytical, and strategic. Strong problem-solving skills – forward thinker. Strong business acumen and business partnership skill sets. Strong organizational skills – ability to manage competing tasks. Self-starter with executive presence. Understand cultural differences between US and Japan and ability to work across them. Committed to professional development and training to stay current with industry trends and laws. Ability to mentor and train team members. Education and Experience
Bachelor’s degree in finance, accounting, or general business. 10+ years in progressive finance-related roles. Basic knowledge of legal entity jurisdiction and accounting principles. Proficient in advanced Excel (XLOOKUPs, Pivot Tables, complex formulas). Experience with planning software and treasury management software (e.g., Kyriba). Proficient in Microsoft Office Applications. The base salary range for this role is $182,100 to $227,600. Base salary is part of our total rewards package which includes merit-based salary increases, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves provided in line with your work state. Our time-off policy includes flexible paid time off, 11 paid holidays, additional time off during the December shutdown, and 80 hours of paid sick time each year. Total compensation will depend on candidate experience, skills, education, and other factors permitted by law. Disclaimer: The above statements describe the general nature and level of work and are not exhaustive. All personnel may be required to perform duties outside of their normal responsibilities from time to time. Confidential Data : All information encountered is considered confidential. Compliance : Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures for SMPA and affiliates, following best industry practices and high ethical standards. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. Violations may be subject to penalties and liability. Mental/Physical Requirements : Fast-paced environment with multiple demands. Requires initiative, independence, and excellent written and oral communication skills. Requires prolonged use of a computer. Sumitomo Pharma America (SMPA)
is an Equal Employment Opportunity (EEO) employer. Qualified applicants will be considered without regard to race, color, creed, religion, national origin, age, ancestry, nationality, marital or civil union status, sex, gender, sexual orientation, disability, veteran or military status, or any other protected characteristic. Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with operations in the U.S., Canada, and Europe, focused on oncology, urology, women’s health, rare diseases, psychiatry & neurology, and cell & gene therapies. For more information on SMPA, visit our website and follow us on LinkedIn.
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