Manager, Treasury

Porter Airlines Inc.•Toronto, ON

4d•Hybrid

About The Position

This is a 12-month contract role reporting to the Director, Treasury. The role will oversee liquidity management, cash forecasting, managing banking relationships, and ensuring smooth daily treasury operations.

Requirements

Bachelor’s degree in Finance, Accounting, or related field
5+ years of progressive corporate treasury or finance experience
Excellent planning and organizational skills and ability to manage multiple projects
Strong analytical and negotiation skills
Excellent leadership and communication skills
Experience with treasury systems, banking portals and cash forecasting
Able to work under pressure and meet tight deadlines

Nice To Haves

CPA, CTP, or CFA preferred
prior experience in aviation is advantageous

Responsibilities

Manage daily cash positions, short-term and long-term liquidity and board-level cash forecasting
Improve, Develop and Automate existing cash flow model
Ensuring cash flows from merchant providers is reconciled and received in a timely manner in accordance with settlement timelines and address delays when necessary
Working closely with FP&A to ensure cash forecasts are aligned with the long-term model
Oversee the management of bank accounts (opening, closing, compliance etc.) and administer various electronic platforms
Trade foreign exchange and support confirmation process
Liaise with business teams around forecasted cash inflows and outflows
Recommend improvements and implement corrective actions to optimize controls and reduce risks
Support new station treasury setups and cross-functional treasury initiatives
Supervise and support team members when necessary
Work on special projects as required
Drive process improvements and automation initiatives
Active participation in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operation; understand comply and promote the Company Safety Policy
Other duties as assigned