Job Details
Treasury Director
2025-08-01 Biomarin San Rafael,CAWho We Are
BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.
Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.
Using our unparalleled
expertise
in genetics and molecular biology, we develop medicines for patients with significant unmet medical
need
. We enlist the best of the best – people with the right technical
expertise
and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery,
we've
produced a diverse pipeline of commercial,
clinical
and preclinical candidates that have well-understood biology and
provide
an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.
About Corporate Groups
It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support
of
all areas of operation at BioMarin.
Treasury Team and Position Summary
Vision: Be a strategic and scalable best in class Treasury Organization focused on risk management and value creation.
Mission: Act as BioMarin's trusted financial steward by providing meaningful advice and risk mitigation strategies in support of the development and distribution of patient therapies worldwide
Reporting to the Treasurer, the Treasury Director will be
primarily
responsible for the Foreign Exchange, Insurance and Risk
Additionally, a candidate with experience in
Capital Markets,
Credit Ratings
and Shareholder Return of Capital will be able to leverage that knowledge to support key
corporate objectives.
This role will require someone with
multi-national
corporate treasury experience who is highly technical, hands-on, detail oriented
, with
strong organizational and communication skills
The i
deal candidate would be someone interested in developing all aspects of corporate treasury function with natural leadership abilities.
This role is based in the San Rafael offices of BioMarin.
Responsibilities
Foreign Exchange:
Manage the identification/consolidation of FX exposures,
review/propose
optimal
hedging strategies and
execution of FX trades
ensure
compliance with FX Policy
Own adherence to
the regulatory environment
Prepare FX performance analysis
and
presentations
on a monthly/quarterly basis
including
preparation of the 10Q and 10K disclosures
Working closely with Corporate Accounting to ensure all hedge strategies and trades are properly
setup
and documented in
CapellaFX
Corporate Finance
Develop and
maintain
various Treasury management reports, including
monthly/quarterly reporting, Other Income and Expense forecasting
and analysis. Review customer
credit risk
(CECL)
and
capture
bank counterparty
exposure.
Capital Markets
& Credit Revolver Compliance:
Support the Treasurer in
maintaining
convertible debt schedules
and settlements. Own the Credit Revolver quarterly compliance and covenant tracking in close collaboration with Legal Team.
Support any engagements with the Credit Ratings Agencies
SOX & Process Documentation:
Maintain
all workflows and process documentation for functional ownership areas in Treasury
and
assist
internal and external auditors in walkthroughs and reviews.
Required Skills:
Prefer 10+ years of experience in multi-national Corporate Treasury department with exposure across bank products including capital markets
foreign
exchange
and investments
Self-starter with leadership skills, project management and operations
experience
Excellent communication and organizational skills
Strong analytic
and
financial modelling
skills
(Excel, Hyperion Planning)
Working knowledge of
FX
derivative
accounting
(ASC815, ASC830)
, disclosures and regulatory landscape (Dodd-Frank, EMIR)
Experience using
treasury workstations (FIS Integrity)
, risk management systems (
CapellaFX
Clearwater,
FXall
, Eikon, Bloomberg)
and
various bank systems (
CitiDirect, BOA
CashPro,
WF
CEO)
S
trong work ethic, attention to details,
ability
and willingness to work effectively independently as well as part of a team
, share knowledge in a collaborative fashion
Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned. Equal Opportunity Employer/Veterans/Disabled An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
The salary range for this position is: $176,000 to $242,000. BioMarin considers a variety of factors when determining base compensation, including experience, qualifications, and geographic location. These considerations mean actual compensation will vary. This position may also be eligible for a discretionary annual bonus, discretionary stock-based long-term incentives (eligibility may vary based on role), paid time off, and a benefits package. Benefits include company-sponsored medical, dental, vision, and life insurance plans.
For additional benefits information, visit:- Eligible employees may participate in benefit plans, subject to the terms and conditions of the applicable plans.