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Senior Director, Global and Corporate Treasury

Location San Rafael, California

Senior Director, Global & Corporate Treasury

San Rafael, CA

BioMarin Finance is growing rapidly with the overall company and is developing into a leading edge global finance organization. BioMarin has over $1.5 billion of annual revenues, over $4 billion of assets and operations in over 40 countries that drive significant global treasury complexity.  BioMarin has ambitious growth plans in the immediate future and has an enthusiastic global finance team that is eager to deliver a world-class accounting and finance function to BioMarin and its stakeholders.


The Senior Director, Global & Corporate Treasury reports to the SVP, Finance & Chief Accounting Officer, and will lead all areas of global and corporate treasury, including corporate treasury and capital structure strategy, treasury operations, insurance and risk management, foreign currency strategy and hedging operations, liquidity management and cash flow forecasting. This role is responsible for managing over $1 billion in corporate financial assets, over $800 million in outstanding convertible debt and over $30 million of FX contracts The Senior Director, Global & Corporate Treasury will need to be a high-performing professional, motivated leader and model member of a strong Finance senior leadership team.

A constant in BioMarin’s culture is how patients continue to drive us. The passion and dedication that our employees bring to work each day is a testament to the inspiration our patients provide, and the knowledge of the impact we can make in their lives.  This role will share and help develop those values within our global finance organization.


  • Treasury Strategy:Develop and maintain the Company’s short and long-term treasury strategy with respect to risk management, business support, capital structure and cash/investment management.Responsible for building and maintaining relationships with commercial lenders, investment bankers and asset managers on capital structure issues.
  • Critical Transaction Execution:  Lead the execution of the treasury aspects for complicated and typically material corporate transactions, including capital market financings, other debt arrangements, and securing and structuring financing for business development transactions (i.e., M&A and license activities).  Includes periodic special projects that have a key treasury or finance component.
  • Global Treasury Operations:  Oversee treasury process transaction cycles, systems, banking relationships and working capital across the 60+ countries where BioMarin conducts its business. Participate in cross-functional process transformation and improvement efforts through lean process design, system implementations and enhancements and Treasury leadership.
  • Insurance, Foreign Currency and Risk Mitigation:  Direct BioMarin’s global insurance strategy and operations and other risk management, including foreign currency and interest rate exposure management. Overseecompany’s foreign exchange hedgingprograms and counterparty relationships.Ensure appropriate governance and compliance with company investment and hedging policies.
  • Organization and Team Leadership:Develop, retain, motivate and cultivate a productive team committed to demonstrating BioMarin’s core values and professional standards.  Team effectiveness is a key goal through relationship building, training, mentoring, professional development and career planning for the team.
  • Accounting Process Support:Lead the treasury function support of BioMarin’s robust financial close cycle, many components of which have heavy treasury dependencies, such as cash and investments, foreign currency hedging and analysis, accounts receivable and credit/collections, insurance, and debt/equity considerations. 
  • Corporate and Global Collaboration:Drive collaboration with cross-functional peers in the corporate office (e.g., Tax, Legal, Procurement, FP&A, Accounting, Investor Relations, IT, Operations) and throughout BioMarin’s global operations.  Meet regularly with members of the Senior Executive Management team.  The ability to develop and maintain productive collegial relationships is a key attribute for this role. 


Required Skills:

  • 10+ years of public company treasury experience including expertise in foreign exchange, risk management and capital market exposure
  • 5+ years of international treasury and operations experience
  • Understanding of GAAP and IFRS implications of treasury activities
  • Knowledge of complex ERP and banking systems (Oracle and Citibank a plus)
  • Dynamic team leadership abilities:  empowering people; developing individual skills to their maximum potential; fostering highly effective team work and culture; attracting and retaining key talent; and organization development including career-pathing, training and employee development.
  • Strong project management skills; history of demonstrating initiative to drive outcomes to closure
  • Demonstrated success collaborating with, influencing and building relationships with senior executives, staff, banks, and other third parties
  • Highly interested in and capable of pursuing and implementing change (process, cultural, organizational, etc.)
  • Excellent analytical and problem-solving capabilities required.
  • Strong negotiation skills
  • High operational savvy – Ability to understand, embrace, and interact heavily with operating business units.
  • Strong communication, intuition and E.Q. abilities, skills and experience in dynamic business situations


  • Bachelor’s degree in Business Administration, Finance or Economics
  • Advanced Finance-related degrees and/or certifications a plus

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San Rafael


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We treat rare diseases, and that gives us rare opportunities. Chris Brodeur, Director, Corporate Compliance
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