Job Description:
• Monitor daily cash balances and ensure adequate liquidity to meet the company’s operational needs across all business pillars.
• Forecast daily, weekly, and monthly cash requirements feeding into 13 week cash flow forecasting, working capital, and other liquidity needs.
• Analyze cash flow patterns and work closely with other departments to anticipate cash needs and optimize working capital.
• Process cash transfers and monitor short-term borrowings, managing intercompany funding between the parent company and subsidiaries.
• Review bank statements and perform daily cash reconciliation.
• Support in preparing and reviewing monthly and quarterly liquidity reports for senior leadership and the Board.
• Liaise with banks to manage and optimize the company’s banking relationships, serving as the primary point of contact.
• Negotiate terms for banking services and credit facilities to ensure cost-effectiveness and operational efficiency.
• Coordinate the setup of new bank accounts or other related banking services.
• Lead the strategic integration and rationalization of banking partners and account structures following the merger of our diverse portfolio of acquired companies.
• Help identify and mitigate financial risks, including currency exposure, interest rate risk, and counterparty risk.
• Assist in managing the company’s short-term borrowing and investment strategies.
• Assist in implementing and maintaining risk management policies and procedures (e.g., FX hedging, Investment Policy).
• Ensure compliance with company policies, internal controls, monthly banking covenants and regulatory requirements.
• Prepare cash flow forecasts, liquidity reports, and other treasury-related reports for senior management.
• Monitor and maintain key performance indicators (KPIs) for treasury operations.
• Contribute to the development and enhancement of treasury processes and systems, specifically driving the consolidation of treasury operations post-merger.
• Support the integration of treasury management software and other financial systems (e.g., TMS implementation).
• Participate in automation initiatives and improve data accuracy and reporting efficiency.
Requirements:
• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Minimum of 5 - 10 years of experience in treasury, finance, or accounting.
• Minimum 5 years recent experience in Treasury.
• Experience in cash management, bank relationship management, or financial analysis is preferred.
• A professional certification (e.g., ACT, CFA, or CTP) is a plus but not required.
• Strong understanding of financial analysis, cash flow management, and treasury operations.
• Proficiency in Microsoft Excel and financial modeling.
• Experience with treasury management systems (e.g SAP or others).
• Proven track record of integrating banking structures or treasury processes following a merger or acquisition (M&A experience) is highly desirable.
• Strong communication skills and ability to work cross-functionally.
• Ability to work under pressure and meet deadlines.
Benefits:
• Health, dental & vision insurance
• 401k Matching contribution
• Flexible PTO plan
• Wellness/lifestyle account.
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