Philips Global Treasury Manager – Emergency Care Business 

United States, Washington, Bothell 

81580951

Reporting to:Head of Finance

This is an exciting opportunity to build and lead the treasury function for BU Emergency Care, which will be carved out from Philips at the end of 2025. The NewCo will have eight legal entities across the US, Europe, and Asia. This role requires a combination of strategic mindset with hands-on approach in order to deliver excellence in the areas of financial risk management, funding, cash & liquidity management, working capital improvements, and customer financing solutions.

In this leadership and hands-on role, you will be at the forefront of managing cash, liquidity, working capital, and customer financing solutions. As the dedicated treasury expert, you will take full ownership of cash management, forecasting, working capital strategy, and customer financing programs. Collaborating closely with sales, finance, and banking partners, you will play a pivotal role in driving the business forward and supporting its ambitious growth objectives.

Your role:

• Treasury strategy & Governance

Develop the treasury strategy around all topics in scope

Develop, execute and monitor treasury policy

Establish governance and control framework for Treasury

Determine and execute treasury technology strategy

• Banking & Financial Operations

Serve as the primary contact for banks, managing relationships, negotiating fees, and optimizing banking structures.

Oversee bank account administration, ensuring proper controls and visibility across global operations.

Leading system administrator for online banking platform, strong preference experience with CitiDirect

Streamline and standardize payment and cash transfer processes, reducing manual inefficiencies where feasible

Familiar with payment clearing channels and able to lead development changes when required

Experience with ad-hoc audit related treasury topics

Manage new and existing financing structures.

Manage intercompany funding, ensuring efficient movement of cash across regions.

• Cash & Liquidity Management

Develop and maintain group cash management strategies and structures.

Oversee daily cash management across eight legal entities, ensuring adequate liquidity for operational needs.

Develop and maintain cash forecasting models, identifying potential shortfalls and optimizing cash utilization.

• Risk Management, Insurance & Compliance

Monitor foreign exchange (FX) exposures

Lead the procurement and renewal of corporate insurance policies, including property, liability, D&O, cyber, trade credit, and other relevant lines

Ensure compliance with banking regulations, tax considerations, and corporate treasury policies across jurisdictions

• Working Capital Management

Implement best practices for credit management and supplier negotiations to enhance liquidity.

Evaluate and implement trade finance solutions, such as letters of credit, factoring, supply chain financing, and structured payment plans.

• Customer Financing Solutions & Trade Finance

Evaluate and implement trade finance solutions, such as letters of credit, factoring, supply chain financing, and structured payment plans.

• Disentanglement & Transition to NewCo

You’re the right fit if:

• You have a Bachelor’s degree in Finance, Accounting, Economics, or a related field and advanced Excel skills

• You’ve acquired 10+ years of treasury experience, preferably in a mid-sized multinational company or a hands-on treasury role.

• You’re experienced in cash management, liquidity forecasting, working capital optimization, and trade finance solutions. Experience managing customer financing programs and credit risk assessment. Strong relationships with banks and financial institutions to negotiate and implement customer financing solutions.

• You’re a strong team player who collaborates effectively across finance, sales, and operations to drive treasury initiatives. Comfortable navigating uncertainty—thrives in an evolving environment where processes, structures, and strategies are still being developed. Hands-on and pragmatic, comfortable operating in an environment with manual processes and limited treasury systems. Strong analytical and problem-solving skills, with the ability to structure financing solutions that support business growth.

How we work together

This is an office role.

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

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The pay range for this position is:

$123.564 to $197.702 (Bothell (WA), CA, CT, MA, NJ, NY & Washington D.C.)

$104.809 to $167.694 (AZ, AR, ID, IA, KS, KY, LA, ME, MS, MO, MT, NE, NM, OK, SC, SD, TN & WV)

$110.325 to $176.520 (AL, CO, FL, GA, IL, IN, MI, MN, NV, NH, NC, ND, OH, OR, PA, TX, VT, VA, WI & WY)

$115.841 to $185.346 (AK, DE, HI, MD & RI)

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.