Treasury Manager

DSV • Woodbridge Township, NJ

3d • $110,000 - $135,000

About The Position

The Treasury Manager will be responsible for all treasury related tasks for the region, including facility management with financial institutions, FX management and supporting the team responsible for day to day cash management tasks.

Requirements

• Excellent communication skills
• Highly organized and good time management skills
• High level of problem solving skills – analytical ability
• Attention to detail
• Ability to work in a diverse team as well as be self-driven
• The ability to explain transactions using T-Accounts
• Extensive knowledge of accounts payable, cash management & treasury functions
• Understand and explain accounting principles and concepts
• SAP
• Excel (Advanced)
• Minimum of 2 years people management skills and
• Experience in Cash Management/Treasury and
• Financial Qualification (diploma, degree) and/or
• 3 years creditors experience and/or
• 3 years experience in an operation finance role and/or
• 3 years experience in a treasury/cash management role
• Excellent in Speaking, Writing and Reading English
• Must have strong financial acumen

Responsibilities

• Point of Contact between RSSC and Group Treasury
• Managing and developing all banking relationships for the region
• Ensure product development with JP Morgan to drive efficiencies in the cash management and cash application processes
• Reviewing of cashflow forecasts and facility requirements and ensuring facilities in place is adequate for the next 12 months
• Maintain signatories across all DSV Accounts with the various banking institutes and updating of Board Resolutions when needed
• Reviewing of FX needs and arranging contracts, where needed, as per Group Policy
• Ensure that SARB approvals are in place as per legal requirements and renewed as and when required
• Reviewal of guarantees prior to issuance and annual review of existing guarantees to ensure adequate facilities are in place
• Ensuring that excess cash, where applicable, is managed effectively, and trapped cash minimized
• Annual review of Bank Accounts and ensuring that minimal accounts remain active and in use (based on operational requirements)
• Reviewing of all bank costs and/or interest earnings, and ensure this is as per the signed pricing agreements
• Ensure controls, within RSSC, is in place to mitigate risk and prevent fraud by means of quarterly reviews of bank access, active cards etc.
• Process improvements to drive efficiency in treasury and cash functions
• Quarterly Key Controls (Guarantees, TEA, Credit Cards)
• System access – creation, modification, deactivation
• Audit Requests
• Escalate queries or areas of concerns where needed

Benefits

• Benefits include medical, prescription, dental, vision, and life insurance, as well as flexible spending accounts (FSAs), health savings accounts (HSAs) (for eligible plans), and short- and long-term disability coverage.
• Employees also have access to wellness resources, Employee Assistance Program (EAP) services, and other support benefits.
• Financial benefits include participation in the DSV 401(k) plan, which provides company matching contributions of up to 5%.
• To support work-life balance, DSV offers various paid time off programs and paid company holidays.
• Specific PTO and leave programs may vary by location and division in accordance with state or local laws

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees