Senior Manager, Foreign Exchange at Wish

| San Francisco
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The Senior Manager of Foreign Exchange is the first FX dedicated treasury position at Wish, and will be responsible for overseeing all aspects of the FX hedging program. This position is best suited for an individual who has significant functional knowledge of accounting, treasury and foreign exchange as well as someone who will embrace change and identify ways to add value. This position will be located at our headquarters in San Francisco, CA and report to the Treasurer.
This position is responsible for the global foreign exchange function for the Corporation. The position also has other Treasury related responsibilities.
#LI-EL1

What you'll do:


  • Foreign Exchange
  • Lead the implementation and ongoing management of a global cash flow and balance sheet hedging program consistent with the FX policy
  • Identify, quantify and forecast company economic and transactional exposures
  • Coordinate exposure forecast efforts with FP&A, Finance and other departments as needed
  • Regularly prepare presentations for management to obtain approval of proposed quarterly hedging strategy and to review previous period hedging activities, recommending adjustments to the amount / timing of hedge positions, settlement of old contracts and entering of new contracts as necessary
  • Review documentation for monthly accounting entries and quarterly effectiveness testing to achieve hedge accounting designation
  • Place hedges in accordance with FX Hedging policy and monitor all trading activity, maintaining proper controls at all times
  • Confirm hedge contracts with our counterparties and maintain documentation for Treasury, Accounting and Audit purposes
  • Work with accounting to reconcile hedges with the G/L regularly
  • Support proper disclosure of hedging activities in financial reports
  • Use of Capella, FXAll and NetSuite a plus
  • Cash Management
  • Provide backup support for all cash management activities
  • Assist as needed, with the month-end close process, including accruals and general ledger account reconciliations
  • Provide input into the design and maintenance of the banking infrastructure, including opening and closing accounts, updating signatories and responding to bank compliance requests
  • Provide backup support of the settlement of inter-company accounts
  • Provide backup support for Treasury automation activities (knowledge of Kyriba a plus) 
  • Risk Management
  • Provide support for gathering renewal information for the corporate insurance program
  • Other Treasury Activities
  • Experience in developing finance programs for payment service providers a plus
  • Experience in capital market activities a plus
  • Ability to develop and provide regular cash flow forecasting a plus

Who you are:

  • Bachelor’s Degree in Finance, Economics, Accounting or a related field
  • 10+ years of treasury experience with 5+ years in foreign exchange role
  • Certified Treasury Professional (CTP) a plus
  • Strong analytical and problem-solving skills
  • Candidate must be detail-oriented, work well in a dynamic environment, work independently, handle multiple projects simultaneously, meet deadlines and have excellent organizational skills 
  • Strong written and verbal communication skills
  • Ability to speak and/or write in Mandarin a plus

Wish values diversity and is committed to creating an inclusive work environment. We provide equal employment opportunity for all applicants and employees. We do not discriminate based on any legally-protected class or characteristic. Employment decisions are made based on qualifications, merit, and business needs. If you need assistance or accommodation due to a disability, please let your recruiter know. For job positions in San Francisco, CA, and other locations where required, we will consider for employment qualified applicants with arrest and conviction records.
Individuals applying for positions at Wish, including California residents, can see our privacy policy here.

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Technology we use

  • Engineering
    • GolangLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • SqlLanguages
    • SwiftLanguages
    • ReactLibraries
    • ReduxLibraries
    • HadoopFrameworks
    • HiveDatabases
    • MongoDBDatabases
    • RedisDatabases

Location

Our San Francisco office is located in the Citigroup Center with direct access to BART and surrounded by amazing restaurants and coffee shops.

An Insider's view of Wish

How do you collaborate with other teams in the company?

As a designer at Wish, we primarily work cross-functionally with product managers and engineers to deliver creative solutions. However, it’s also important to include other teams to get better feedback and perspective. For example, I work with our customer support teams to gather user feedback and apply that directly to my design solutions.

Lorna

Product Design Lead

How has your career grown since starting at the company?

My goal coming out of university was to learn how to scale the infrastructure of a growing company. Larger tech companies have mostly solved these scalability problems and Wish gave me the opportunity to solve tough problems hands on. Wish is now handling 100x the traffic since I joined and I'm still learning new things everyday.

Vitaliy

Manager, Software Engineering

What are Wish Perks + Benefits

Culture
Friends outside of work
Eat lunch together
Open door policy
Group brainstorming sessions
Open office floor plan
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Wish covers 100% of medical, dental & vision monthly premium costs for employees and their dependents.
Life Insurance
Pet Insurance
Wellness Programs
Wish offers a fitness allowance.
Retirement & Stock Options Benefits
401(K)
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Our game room includes Ping Pong, Pool Table, Shuffle Board.
Stocked Kitchen
Fitness Subsidies
Wish offers a fitness allowance.
Professional Development Benefits
Job Training & Conferences
Wish offers "Wish for Leaders" management training program as well as other Learning & Development workshops.
Promote from within
Mentorship program
Continuing Education stipend
Wish offers up to $500 per year for job related professional development activities.
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