Treasury Manager

Recurrent Energy•Austin, TX

5d•Onsite

About The Position

Recurrent Energy is a leader in solar and battery storage project development, with a strong track record across six continents. The Treasury Manager will be a key member of the Corporate Finance team, reporting to the Financial Controller. This role is crucial for managing bank administration, relationships, loan draw packages, cash accounting, and all other cash-related duties. The position operates within a dynamic, entrepreneurial, and transaction-based environment, requiring adaptability to deal flow and deadlines.

Requirements

Treasury experience, cash management, and payment processing.
U.S. GAAP working knowledge required.
Proficient with Microsoft Office suite of products and Banking portals.
Working knowledge of ERP systems (SAP experience a plus).
Detail-oriented with a strong sense of process ownership.
Ability to deal effectively with a diversity of individuals at all organizational levels.
Comfortable working in an unstructured, entrepreneurial environment; this is a transaction-based environment where requirements and deadlines are dictated by deal flow.

Nice To Haves

Experience with loan draw process a plus.
CTP preferred (Certified Treasury Professional).
Knowledge of renewable energy and construction loan draws desirable.

Responsibilities

Manage bank administration, including new bank account and user setup, maintenance, and access control.
Oversee bank relationship management, interfacing with banking partners to resolve issues and implement new products.
Approve wire transfers, checks, and ACH payments, and execute internal bank transfers.
Create journal entries for internal bank transfers, interest accruals, and amortization of financing costs.
Prepare bank account reconciliations and manage outstanding items.
Approve new vendor setups and verify payment details.
Support weekly cash positioning and forecasting.
Prepare new letters of credit and maintain forecast and capacity reports.
Prepare and coordinate monthly loan draw packages and loan term conversions.
Review new credit and depositary agreements to identify treasury-related obligations.
Ensure adherence to SOX controls, including record keeping and data testing.
Recommend process and controls improvements and identify cost-saving opportunities in Treasury.
Assist with inquiries from Accounting, Tax, Project Finance, and other business units.
Lead or assist with special projects such as outsourced checks, payment automation, and electronic bank statements.
Collaborate with various internal teams including AP, Accounting, FP&A, Project Finance, and Legal.
Engage significantly with external parties including lenders, bank officers, and auditors.