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Assistant Treasurer

Tex-Tube Company
Houston, TX Full Time
POSTED ON 11/19/2024 CLOSED ON 11/23/2024

What are the responsibilities and job description for the Assistant Treasurer position at Tex-Tube Company?

Company Summary:

For more than half a century, Tex-Tube has manufactured steel products for customers throughout the world. Our commitment to quality products along with a relentless pursuit of customer satisfaction has made us a leader in the steel industry. Tex-Tube is a leading manufacturer of high-quality ERW steel pipe.

Position Summary:

The Assistant Treasurer complements and strengthens the Treasury Supervisor's responsibilities in overseeing the preparation and maintenance of all financial records and all monetary transactions.

Duties/Responsibilities:

  • Analyze variances in treasury budget.
  • Help establish and maintain internal controls.
  • Monitor and establish company-wide treasury policies/internal controls.
  • Drive/support the initiatives to optimize banking infrastructure and cash management processes.
  • Ensure the company establishes and maintains appropriate insurance policies to address property, casualty and legal liability risks related to its business.
  • Manage all domestic and global banking relationships.
  • Maintain strong communications with banks and other financial service providers.
  • Prepare and present relevant reports to finance risk committee.
  • Develop and deploy investor communication strategy working closely with executive management.
  • Manage cash management functions including cash flow forecasting and analysis, preparation of the daily cash report, daily borrowings and repayments.
  • Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting.
  • Manage foreign exchange and interest-rate risk.
  • Monitor quarterly and annual compliance with loan agreements.
  • Identifying financial risk, developing complex mitigation strategies.
  • Planning and execution of investment and borrowing strategies
  • Oversee corporate debt facilities and ensure adherence to established treasury rules.
  • Monitor income accounting procedures

Supervisory Responsibilities:

  • None

Required Skills/Abilities:

  • Proficient in Microsoft Office Suite. (specifically, MS Excel)
  • Experience with SAP (preferred)
  • Ability to manage multiple deadlines and work in a fast-paced environment.

Education and Experience:

  • Bachelor’s degree in accounting, business, management or finance required.
  • Three years or more of related experience required.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk, hear, sit, climb, balance, stoop, kneel, crouch, and crawl. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

EEO Statement

Tex-Tube Company prohibits discrimination based on the following protected categories: race, creed, color, national origin, nationality, ancestry, age, sex/gender (including pregnancy), marital status, civil status, domestic partnership status, familial status, religion, affectional or sexual orientation, gender identity or expression, atypical hereditary cellular or blood trait, genetic information, liability for service in the Armed Forces of the United States, or disability.

Job Type: Full-time

Benefits:

  • 401(k) 5% Match
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Physical Setting:

  • Office

Schedule:

  • Monday to Friday

Experience:

  • Accounting: 3 years (Required)
  • Borrowing Base Reporting: 3 years (Required)
  • Intercompany Accounting: 3 years (Required)

Language:

  • Spanish (Preferred)

Ability to Commute:

  • Houston, TX 77055 (Required)

Work Location: In person

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