Manager of Payments and Treasury

Casino and•Providence, RI

About The Position

The Manager of Payments and Treasury will supervise two teams: the treasury team responsible for daily cash management, forecasting, and debt/derivatives management, and the payments team overseeing global payment operations. This role involves ensuring compliance, preparing financial reports, analyzing trends, and driving process improvements. The manager will also lead, train, and motivate the teams, and participate in audits.

Requirements

Excellent analytical and problem-solving skills.
Advanced Excel skills (ability to maintain and analyze complex models).
Strong understanding of interest calculations, amortization schedules, and debt roll forwards.
Experience supporting treasury operations and cash management.
Strong communication and interpersonal skills.
Detail-oriented with a focus on accuracy and process improvement.
Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.

Responsibilities

Supervise the treasury team overseeing daily cash management activities, including monitoring cash balances and ensuring adequate liquidity.
Manage short-term cash forecasting to ensure timely payments and cover operating expenses.
Assist in executing standby letters of credit, performance bonds, or similar instruments.
Maintain and update debt schedules, including revolvers, term loans, letters of credit, and senior notes.
Prepare monthly debt roll forwards and interest expense calculations.
Assist with quarterly debt disclosures and financial reporting footnotes.
Maintain and update derivatives schedules, including cross-currency swaps.
Validate calculations related to derivative activity and settlements.
Support execution and tracking of FX trades.
Coordinate with internal teams and banking partners on settlements and confirmations.
Develop and implement cash management policies and procedures to improve cash flow efficiency.
Assist with intercompany funding and liquidity management.
Supervise and manage the payments team, which will oversee global payments including ACH, wire transfers, credit card payments, checks, and international transactions.
Ensure compliance with internal and external financial policies and regulations.
Prepare regular cash flow reports and accounts receivable aging reports for senior management.
Provide analysis of cash flow trends and accounts receivable performance.
Assist in the preparation of month-end and year-end financial reports, including reconciliations.
Provide recommendations for process improvements based on reporting and analysis.
Lead, train, and motivate the payments and treasury teams.
Ensure compliance with company policies, accounting standards, and relevant regulations.
Participate in audits and provide necessary documentation to auditors.
Assist in treasury management and funding decisions as required.
Other duties as assigned.