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Sr. Manager, Treasury (FX and Cash Concentration)
Morrisville, North Carolina, United States; San Jose, California, United StatesJob Summary
NetApp is a cloud-led, data-centric software company helping customers build modern hybrid clouds that unify infrastructure so their business can adapt quickly to gain competitive advantage. We at NetApp believe in the transformative power of data—to expand customer touchpoints, foster greater innovation, and optimize operations. We are designed for simplicity, optimized to protect, created to embrace future opportunity, and open to enrich choice.
As Senior Manager, FX and Cash Concentration, reporting to the Senior Director of Treasury, you will help execute the company’s foreign exchange risk management program and lead efforts to optimize international cash availability, and concentration to the parent entity.
This is a hybrid role located in either our San Jose, California headquarters or our Research Triangle Park, North Carolina office, with an expectation to be in the office three days per week. At this time, we are not offering relocation or relocation assistance.
Key Responsibilities
- Execute foreign exchange strategies, including balance sheet and cash flow hedging programs, to mitigate currency risk and support predictable financial outcomes
- Partner with cross-functional teams to identify, forecast, and explain foreign exchange exposures; analyze market trends and hedge performance; and provide clear recommendations and updates to senior leadership
- Identify and execute opportunities to optimize international cash availability, repatriation, and concentration by partnering with Treasury, Tax, Accounting, Legal, and local finance teams
- Lead project management and coordination efforts to ensure effective execution of cash optimization initiatives across NetApp’s legal entities and concentration of funds to the parent level
- Develop analysis that supports FX hedge decisions, cash concentration opportunities, trapped cash assessments, liquidity planning, and recommendations for senior Treasury leadership
- Position will also play a supporting role in Capital Markets and Investment activities
Job Requirements
- Strong organizational and project management skills, with exceptional attention to detail
- Commitment to quality work product and organizational ethics, integrity, and compliance
- Ability to work effectively in a fast-paced, matrixed team environment
- Exceptional communication and stakeholder engagement skills
- Strong decision-making and problem-solving abilities
- Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision
- Strong financial modeling skills
- Strong ability to collaborate cross functionally
- Strong understanding of foreign exchange risk management and international cash concentration in a multinational corporate Treasury setting, including exposure identification, hedge program execution, repatriation, and legal entity liquidity considerations
- Ability to organize and lead cross-functional meetings, drive alignment, and foster engagement across Treasury, Tax, Accounting, Legal, Banking, and regional finance stakeholders
- Self-starter who can take initiative and is highly motivated to drive results
Experience and Education
- Bachelor’s degree in Finance, Economics, or a related field required
- Related professional certifications (e.g. CFA, CTP) are desirable
- 5 or more years of experience in corporate foreign exchange risk management, including exposure analysis, hedge execution, hedge performance review, and interaction with banking counterparties or trading platforms
- Experience managing international legal entity cash optimization, including cash intercompany funding, repatriation planning, local liquidity needs, and coordination with Tax, Legal, Accounting, and banking partners
- Project management experience
- 5 or more years in a corporate Treasury or related banking role
- Advanced technical skills with Bloomberg, Kyriba, FXall, Excel, and PowerPoint are desirable, with an ability to use data, automation, and workflow tools to improve Treasury decision-making and execution
- Mindset to drive automation, improve repeatable processes, and embrace technology, including AI-enabled tools, to increase efficiency, accuracy, and insight across Treasury activities
Compensation:
The target salary range for this position is 170,000 - 253,000 USD. The salary offered will be determined by the candidate's location, qualifications, experience, and education and may be outside of this range. Final compensation packages are competitive and in line with industry standards, reflecting a variety of factors, and include a comprehensive benefits package. This may cover Health Insurance, Life Insurance, Retirement or Pension Plans, Paid Time Off, various Leave options, Performance-Based Incentives, employee stock purchase plan, and/or restricted stocks (RSU’s), with all offerings subject to regional variations and governed by local laws, regulations, and company policies. Benefits may vary by country and region, and further details will be provided as part of the recruitment process.
At NetApp, we embrace a hybrid working environment designed to strengthen connection, collaboration, and culture for all employees. This means that most roles will have some level of in-office and/or in-person expectations, which will be shared during the recruitment process.
Equal Opportunity Employer:
NetApp is firmly committed to Equal Employment Opportunity (EEO) and to compliance with all federal, state and local laws that prohibit employment discrimination based on age, race, color, gender, sexual orientation, gender identity, national origin, religion, disability or genetic information, pregnancy, protected veteran status, and any other protected classification.
Why You'll Thrive at NetApp
At NetApp, you won't wait for the perfect moment—you'll make it. The early planning, the extra thought, the bold idea that turns good into great: That's how our people operate and how we continue to push the boundaries of data infrastructure.
NetApp is the trusted partner for organizations transforming data into opportunity. As the only enterprise-grade storage service natively embedded in Google Cloud, AWS, and Microsoft Azure, we empower customers to run everything from traditional workloads to enterprise AI with unmatched performance, resilience, and security.
Our culture
We celebrate mold breakers, bold thinkers, and problem solvers. We reward initiative, impact, and ownership. We provide flexibility so you can balance professional ambition with your personal life. Here, differences are not just welcomed—they drive everything we do.
If you're ready to innovate, rise to the challenge, and own every moment - make your next move your best one. Apply now.
Submitting an Application
To ensure a streamlined and fair hiring process for all candidates, our team only reviews applications submitted through our company website. This practice allows us to track, assess, and respond to applicants efficiently. Emailing our employees, recruiters, or Human Resources personnel directly will not influence your application.
AI Disclosure
For select roles, some stages of our hiring process may use artificial intelligence tools to help evaluate applications and candidate selection. These tools support—rather than replace—human decision-making.
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Equal Opportunity Employer*
NetApp is firmly committed to Equal Employment Opportunity (EEO) and to compliance with all federal, state and local laws that prohibit employment discrimination based on age, race, color, gender, sexual orientation, gender identity, national origin, religion, disability or genetic information, pregnancy, protected veteran status and any other protected classification. We pledge to take every reasonable step to ensure that our applicants and employees are respected, treated fairly and with dignity. See the EEO poster, Know your rights poster, and NetApp EEO policy. NetApp makes reasonable accommodations, consistent with applicable laws, for religious purposes and for the known physical or mental limitations of an otherwise qualified applicant or employee with a disability, who can perform the essential job functions unless undue hardship would result.
State-specific postings/notices to applicants regarding contract compliance can be found here in English and here in Spanish, and fair employment practice information can be found here.
Reasonable Accommodations
At NetApp, we are committed to fostering an inclusive and accessible workplace where individuals with disabilities can thrive. In alignment with our values, NetApp provides reasonable accommodations and adjustments where possible to qualified applicants and employees with disabilities, in accordance with employment rights and regulations relevant to their country of employment, to ensure equal access to employment opportunities and job performance.
Applicants who would like to request an accommodation or adjustment are encouraged to Contact Us. Each request will be assessed on a case-by-case basis, in accordance with applicable laws and our commitment to equity and belonging within our culture, values and business practices. Requests will be handled confidentially and respectfully, and we will work collaboratively to identify effective solutions.
- For reasonable accommodations in Germany, click here.
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- For reasonable accommodations in The Netherlands, click here.
Please note that we do not accept unsolicited resumes to the above email address.
Data privacy
We care about your privacy and, therefore, ask that you read our Candidate Privacy Notice before you submit any personal information to us.
NetApp does not carry out any solely automated decision making (i.e. the process of making a decision by automated means without any human involvement) in determining your suitability or eligibility for specific roles.
However, the processing of your personal information is carried out with the aid of manual and automated tools. In particular, NetApp may use an automated employment evaluation tool or similar tool as one of several tools, actions, and/or steps to assist with NetApp’s review of candidate applications for various hiring needs.
Currently, when addressing certain hiring needs, NetApp uses the following tools:
- Eightfold (eightfold.ai): This tool can provide an initial ranking of a candidate’s skills and experience, based on information provided by the applicant in the application and/or supporting documentation, in comparison to the NetApp designated key requirements of a specific role. Additionally, the tool may be used to help review and/or rank internal employees seeking promotion or other internal mobility. An independent audit of the Eightfold Matching Model tool can be found at https://eightfold.ai/nyc-eightfoldmatching-model.
- Findem (findem.ai): This tool is used to help identify candidates whose skills and experience may be relevant to open roles at NetApp, using publicly available professional information. Findem may also be used to assist with candidate matching, AI-assisted screening, and recruitment communications.
Our talent acquisition team or our recruiters will ultimately select the candidates for further consideration, following human review of any automated evaluation results and associated underlying documentation (or lack thereof) submitted with the candidates’ application.
Candidates may request an alternative selection process which will not be subject to the Eightfold matching tool or to any electronic automated employment evaluation by contacting NetApp at careers@netapp.com. To bypass the Eightfold matching tool or any electronic automated employment evaluation, you must include a resume and job ID with your email to careers@netapp.com and you must include in the subject line of your email: Data Privacy Request. Candidates who have questions or want to request additional information on the source of data, type of data, and/or collection of data related to the candidate review process should contact NetApp at careers@netapp.com
Note: Eightfold is not applicable to temporary hiring opportunities. If you are interested in temporary roles, you can apply via a third-party site managed by our preferred supplier, Magnit Global. Magnit Global will provide its own privacy disclosures for your review as part of the application process.
Submitting an application
To ensure a streamlined and fair hiring process for all candidates, our team reviews apcplications submitted through our company website only. This practice allows us to track, assess, and respond to applicants efficiently. Emailing our employees, recruiters, or Human Resources personnel directly will not influence your application.
AI Disclosure
For select roles, some stages of our hiring process may use AI-powered tools to assist with tasks such as identifying relevant candidates, matching skills and experience to role requirements, and conducting initial screenings. These tools support - rather than replace - human decision-making. To learn more, please see our AI Transparency Statement. If you would prefer not to engage with an AI-assisted process, you can request an alternative by contacting careers@netapp.com. Choosing an alternative process will not impact your candidacy in any way.