Treasury Manager
About The Position
The Treasury Manager is responsible for overseeing the company’s cash position, treasury operations, and accounts receivable functions to ensure strong liquidity, effective cash forecasting, and timely collections. This role manages daily cash activity, banking relationships, domestic and foreign payments, and Accounts Receivable performance while supervising teams responsible for billing, collections, and cash application. This position plays a critical role in safeguarding company funds, executing time-sensitive and sensitive corporate payments, and maintaining strong internal controls across all treasury-related activities.
Requirements
- Bachelor’s degree in Finance, Accounting, or related field preferred.
- 7+ years of experience in treasury, cash management, accounts receivable, and collections.
- Demonstrated experience approving wires and ACH payments and acting as a bank administrator.
- Experience with foreign payments and multi-currency transactions (euros preferred).
- Proven experience supervising Accounts R and Collections teams.
- Strong understanding of internal controls, payment authorization, and fraud prevention.
- ERP experience required (NetSuite preferred) and advanced Excel skills.
- High degree of discretion, judgment, and attention to detail.
Responsibilities
- Oversee daily cash positioning, bank balances, and liquidity across all accounts.
- Prepare cash flow forecasts and working capital reporting for the CFO.
- Approve and release wires, ACHs, and other electronic payments in accordance with company controls.
- Act as bank administrator and primary banking liaison, including account setup, user access, authorizations, and fraud prevention.
- Manage foreign payments, including euro-denominated transactions and coordination on FX requirements.
- Ensure timely submission of corporate tax payments and other required statutory payments.
- Execute other corporate payments, including those that are confidential, sensitive, or time-critical.
- Oversee the Accounts Receivable lifecycle, including invoicing, cash application, unapplied cash, and write-offs.
- Lead collections strategy to ensure timely customer payments and minimize Accounts Receivable aging.
- Review Accounts Receivable aging and escalate delinquent accounts as appropriate.
- Partner with Sales and Customer Service to resolve billing disputes, deductions, and short pays.
- Support credit and risk decisions in collaboration with the CFO and Finance leadership.
- Supervise Accounts Receivable, Collections, and Cash Application staff.
- Set expectations, assign workloads, and monitor performance.
- Coach and develop team members to improve effectiveness and accountability.
- Ensure proper segregation of duties and adherence to internal controls.
- Prepare treasury and Accounts Receivable reporting for the CFO and senior leadership.
- Maintain strong internal controls over cash receipts and disbursements.
- Identify process gaps and implement improvements to strengthen controls and efficiency.
- Support audits and internal reviews related to treasury and Accounts Receivable functions.
- Assist with month-end close related to cash and Accounts Receivable reconciliations.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
