Treasury Manager
About The Position
Manage domestic and international treasury activities, interest and debt management, foreign exchange, cash forecasting, and financial analysis. This role participates in projects involving banks, financial partners, corporate departments, accounting centers, and domestic and international operations. The Treasury Manager will maintain a 13-month cash forecast, assist with banking/asset management relationships, and support liquidity forecasting and controlling with FP&A. This position supervises direct reports on daily cash transactions and plans daily funding and dispositions. Key responsibilities include managing account administration, legal documentation of banking documents, overseeing daily investment of excess cash, and daily cash reporting. The role also involves preparing weekly and month-end cash reports, managing factoring programs, requesting and reconciling letters of credit, and managing the debt sweep schedule. The Treasury Manager must maintain knowledge of company values and strategic plans and perform additional assignments as directed.
Requirements
- Bachelor’s Degree in Accounting, Finance or a related field required.
- 5+ years’ experience in Corporate Treasury required.
- Strong attention to detail required.
- Process oriented and proven time management skills required.
- Advanced knowledge of federal regulations regarding Company financial practice and compliance.
- Able to set clear and consistent expectations over workload, deliverables and people management expectations.
- Able to communicate with senior leaders of the business.
- Able to identify development needs of direct reports and provide growth opportunities for education and career growth.
Responsibilities
- Manage domestic and international treasury activities, interest and debt management, foreign exchange, cash forecasting, and financial analysis.
- Participate in projects involving banks, financial partners, corporate departments, accounting centers, and domestic and international operations.
- Maintain 13-month cash forecast.
- Assist with banking/asset management relationships.
- Support liquidity forecasting and controlling (Actuals vs Budgets, Deviation analysis, etc.) with FP&A.
- Supervise direct report on all daily cash transactions (deposits, checks, wires, and payroll).
- Plan daily funding and dispositions.
- Manage account administration (own, JV, escrow).
- Manage Legal documentation of banking documents.
- Oversee daily investment of excess cash in US/Canada.
- Oversee daily cash reporting of balances and movements.
- Prepare weekly cash report including analysis of cash position.
- Prepare month end reporting to parent company through FINEX (balances and cash flow).
- Manage and administer companywide-factoring program(s).
- Request letter(s) of credit; reconcile quarterly charges from the bank.
- Manage the debt sweep schedule with the accounting group.
- Maintain knowledge of Company’s values and strategic plan.
- Perform additional assignments per management’s direction.
Benefits
- Comprehensive compensation package and paid time off program
- Industry leading 401(k)/RRSP
- Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
- Wellness benefits & Employee Assistance Program
- Tuition Reimbursement Program
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What This Job Offers
Job Type
Full-time
Career Level
Manager
