Treasury Manager

Westerkirk • Calgary, AB

10d • Onsite

About The Position

De Havilland Aircraft of Canada Limited (DHC) is a storied name in the aerospace industry, recognized worldwide for its pioneering contributions to aviation and its unwavering commitment to quality, innovation, and reliability. Headquartered in Calgary, AB, DHC currently has approximately 2,400 employees across British Columbia, Alberta and Ontario, as well as in markets and distribution hubs world-wide. Established in 1928, De Havilland Canada has a rich history marked by the development of some of the most iconic and versatile aircraft ever built. These aircraft have served a variety of roles—from bush flying to commercial aviation—and are celebrated for their rugged durability, operational versatility, and excellence in performance. Over the decades, De Havilland Canada has evolved to meet the changing needs of the aviation industry. Today, we are more than just an aircraft manufacturer; we are a comprehensive aerospace company with capabilities that span design, production, maintenance, repair, and overhaul (MRO) services. Our operations are supported by a team of skilled engineers, technicians, and industry professionals who are dedicated to upholding the highest standards of craftsmanship and innovation. The Treasury Manager will report directly to the Director, Treasury & Risk Management. This position plays a critical role in safeguarding company assets, optimizing liquidity and strengthening risk governance across the organization.

Requirements

• University Degree in Accounting or Finance.
• CPA or CTP designation required.
• Minimum five (5) years of experience in a Treasury/Cash Management capacity.
• Solid understanding of treasury and risk principles, bank guarantees, letters of credit and surety bonds.
• Demonstrated ability to analyze and interpret financial models and statistical data.
• Strong interpersonal, written, and verbal communications skills required with demonstrated ability to handle highly confidential information in a professional manner.
• Must possess a high level of professionalism and integrity as the position will involve the handling of highly confidential information, monetary transactions and security access.
• Proficiency in MS Office (Word, Excel, Powerpoint, Outlook) and financial systems.
• Ability to interact with internal and external stakeholders at all levels of the organization.
• Self starter with the ability to manage deadlines, competing priorities and a large volume of work.
• Strong quantitative and modeling skills; knowledge of financial instruments and insurance markets.
• A high degree of accuracy is required and analytical thinking and data analysis are required.
• Clearly understands how to assess the importance of tasks and decisions and set priorities, highly organized, focusing time/energy on the most important issues/opportunities.
• Solution oriented, customer service focus, and positive “can do” team attitude.

Nice To Haves

• Experience with aviation insurance products and regulations would be beneficial.

Responsibilities

• Assist with the management of the company’s insurance portfolio including policy renewals, claims coordination, broker engagement and coverage optimization. Understand and analyze premiums and coverage limits to ensure De Havilland is adequately protected. Keep all supporting schedules up to date.
• Coordinate site survey visits with internal and external stakeholders.
• Support the development and execution of the Enterprise Risk Management framework and control initiatives.
• Support and evaluate claims history and compile loss data.
• Compile world-wide aircraft fleet information that is necessary for Aviation General Liability presentations to the London markets.
• Ensure company owned aviation fleet information is accurate and advise the insurance broker of any changes within 24 hours of occurrence.
• Act as the liaison between DHC and the Insurance Broker on the issuance of various Certificates of Insurance as required
• Maintain and actualize the weekly cash forecast and working capital analysis for De Havilland Aviation Training.
• Manage Import and Export Letters of Credit and Bank Guarantees. Liaise with banking, trade finance and underwriting support teams.
• Assist with the Setup of a Surety Bond Facility
• Manage the administration and setup of international and domestic bank accounts including user profiles, permissions, security and access control.
• Evaluate the current bank account setup and create efficiencies.
• Prepare the monthly compliance certificates and review the monthly covenant calculations being prepared by the Corporate Accounting team.
• Perform Forex Hedging Analysis and Make Recommendations
• Evaluate International Banking Partners and make recommendations on best path forward.
• Ensure compliance with internal controls and support audit activities related to Treasury & Risk functions. Evaluate the current treasury controls and make improvement recommendations.
• Support the 515 Rebalancing process with CIBC, CCC and EDC
• Work with the Payroll Manager to evaluate the international payroll processing before additional international bank accounts are established.
• Assist with M&A integration
• Evaluate Treasury Management Systems and make a recommendation
• Investigate payment problems (misapplied payments/returned payments) and resolve discrepancies
• Back up for the treasury team handling global payroll transactions. Enter cash transactions into the various ERP systems. This will include the coding and subsequent posting to general ledger accounts.
• Assist with the establishment of new Lender Relationships
• Perform other duties as required.

Benefits

• Competitive wages
• Paid vacation
• Extended health benefits (medical, dental, vision, paramedical)
• Life insurance
• RRSP/DPSP Plan
• Employee and family assistance program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level