What are the responsibilities and job description for the Treasury Manager position at GoFundMe?
Want to help us, help others? We’re hiring!
GoFundMe is a global community of over 150 million people who come together every day with the common purpose of helping one another. Our mission is to help people help each other through our best in class technology. In 2022, GoFundMe joined together with Classy, a leading nonprofit fundraising software company that enables nonprofits to connect supporters with the causes they care about. Together, we have empowered people and organizations to raise more than $30 billion since 2010. Our vision is to become the most helpful place in the world.
Join us! GoFundMe is seeking a Treasury Manager to work with the Treasurer and oversee daily treasury operations. You will drive process improvements and collaborate cross-functionally with various teams, subsidiaries, and two non-profit partner entities. You will manage critical treasury functions to support global operations while focusing on cash forecasting, investments, currencies and banking relationships.
The Job…
- Assist with day to day liquidity and cash management operations for the company, and its two partner non-profit organizations.
- Assist with preparation and presentation of materials for Investment and Audit Committee meetings, track key performance for invested assets.
- Ensure the investments stay in compliance with the investment policies for each entity.
- Assist with managing relationships with broker dealers, financial advisors, and disbursement partners.
- Initiate and oversee electronic payments with accuracy and timeliness.
- Prepare regular reports on cash flow, liquidity, debt, and other treasury-related activities for senior management and the board of directors.
- Handle day to day payment discrepancies and investment issues.
- Assist with managing banking relationships, opening and closing accounts to support our global operations in 20 countries.
- Rationalize bank account structure and valuate banking products and services.
- Partner cross functionally on international business expansion related tasks, including entity formation, and evaluate funding needs.
- Partner with tax and accounting teams on cash repatriation strategies.
- Monitor bank fees and make recommendations to optimize fees and banking products.
- Develop and maintain bank account matrix.
- Develop a 13-week and rolling annual cash forecasting model, monitor daily cash needs for the company, its subsidiaries and two partner organizations.
- Assist in the evaluation and execution of financing options to support the company’s strategic objectives.
- Manage banking portal user access.
- Ensure processes and activities are in compliance with the internal controls and Treasury policies.
- Support with addressing periodic due diligence and KYC requests from banks.
- Support FBAR reporting for the company and individual bank account signers.
- Evaluate currency risk exposure from cash flow and balance sheet perspective and make recommendations for currency risk mitigation strategies.
- Maintain an accurate record and reporting for FX trades.
- Drive continuous improvement in treasury processes through innovative solutions and technologies.
You…
Why you’ll love it here...
GoFundMe is proud to be an equal opportunity employer that actively pursues candidates of diverse backgrounds and experiences. We are committed to providing diversity, equity, and inclusion training to all employees, and we do not discriminate on the basis of race, color, religion, ethnicity, nationality or national origin, sex, sexual orientation, gender, gender identity or expression, pregnancy status, marital status, age, medical condition, mental or physical disability, or military or veteran status.
The total annual salary for this full-time position is $110,000 - $165,000 equity benefits. As this is a remote position, the salary range was determined by role, level, and possible location across the US. Individual pay is determined by work location and additional factors including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range based on your location during the hiring process.
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Salary : $110,000 - $165,000