What are the responsibilities and job description for the Treasury Manager position at Big4Advisor?
Job Summary :
The Treasury Manager will oversee cash flow forecasting, debt compliance, and liquidity management within a centralized structure for a multi-location business. This role requires strong expertise in shared services operations to ensure efficient treasury functions across various business units and locations. The Treasury Manager will develop and implement strategies to optimize cash management, manage banking relationships, ensure regulatory compliance, and support financial risk management.
Key Responsibilities :
- Develop and maintain accurate short-term and long-term cash flow forecasts to optimize working capital (13-week Cash Flow Forecast).
- Ensure liquidity requirements are met across all business units while optimizing cash deployment.
- Monitor and analyze cash positions, ensuring funds are effectively allocated in alignment with business needs.
- Implement and manage cash pooling or centralized cash management solutions where applicable.
- Manage debt covenant compliance, ensuring adherence to lender agreements and reporting requirements.
- Calculate, confirm, and process debt payments accurately and on time, ensuring compliance with lender agreements.
- Maintain treasury policies and controls to mitigate financial risk.
- Oversee intercompany transactions and manage movement of cash via intercompany transactions.
- Implement best practices in a shared services environment to enhance efficiency and accuracy in treasury operations.
- Collaborate across multiple locations to ensure standardized treasury processes.
- Leverage technology solutions to automate and improve treasury reporting, reconciliations, and cash management.
- Drive process improvements in cash application, bank reconciliations, and payment processing.
- Maintain strong relationships with banks and financial institutions to optimize banking services and costs.
- Ensure efficient bank account management, including opening, closing, and rationalizing accounts as needed.
- Ensure compliance with treasury policies, regulatory requirements, and internal controls.
- Support internal and external audits related to treasury activities.
Qualifications & Experience :
