What are the responsibilities and job description for the Sr. Manager of Treasury & Payments position at Isagenix?
Position Summary:
This position will oversee the global Treasury operations including banking relationships, adherence to covenants, revenue recognition, credit card and alternative payment processing, cash reporting, corporate card administration and reporting, commission payouts and related accounting activities. The role requires proficient knowledge and experience of accounting theory, principles, and procedures. The position demands an analytical skill set and an ability to hit deadlines while maintaining accuracy. The Sr. Manager of Treasury and Payments makes strategic decisions to improve payment solutions and cash reporting, maintain a low-cost fee structure for the organization, reviews current processes and improves efficiency.
Work Schedule: This position currently follows a hybrid work model. Employees are required to work from the office at least four days per week (Monday - Thursday), with Friday available for remote work, offering a blend of in-person collaboration and flexibility.
Essential Duties & Responsibilities (Other duties may be assigned):
- Direct and oversee the work of payment solution and treasury teams, including training, mentoring and performance appraisals.
- Serve as a subject matter expert and assist in the establishment and maintenance of policies, procedures, security requirements, and government laws/regulations.
- Work with current processors and assess new vendors to develop processing strategies for providing payment solutions in existing and new markets.
- Manage cash redeployment and repatriation strategies. Work with the Tax Department to maximize strategy and minimize tax implications.
- Manage global foreign currency hedging program. Review foreign exchange practices and make recommendations.
- Streamline processes by working with partners to increase efficiency and reduce redundancy for, commissions’ payment process, and manual credit processes.
- Periodically audit subsidiary ledgers and Balance Sheet Reconciliations created during month-end close and for external auditor analysis.
- Ensure completion of monthly account reconciliations in a timely manner, reviewing for completeness and accuracy in recording.
- Oversee the development of dashboard reporting on various areas, such as processing, merchant fees, declines, chargebacks, refunds, cash balances, etc.
- Manage and maximize interest obtained on investments of excess cash.
- Manage the company’s Corporate / Purchasing Card Program.
- Support external auditor requests, including the preparation of audit related schedules and supporting documents.
- Work closely with other sections or departments (e.g., IT) as needed to identify and introduce improvements in sales reporting and processing, particularly with respect to reduced manual activities and increased accuracy of transaction processing.
- Partner with team leaders to implement and enforce internal controls, such as journal entries review, documentation retention, checklists, procedures and balance sheet reconciliations.
- Train team on any new system upgrades/enhancements and establish streamlined processes when doing so.
- Build and maintain effective relationships to share information, establish partnerships, and leverage expertise to accomplish the organization’s goals.
- Other tasks as assigned.
- Bachelor’s degree from an accredited institution.
- 7 years of experience in performing accounting and treasury responsibilities.
- 5 years of proven experience in a management level role leading a team.
- Skilled in the use of Microsoft office software to include Word, Excel, PowerPoint, and Outlook. Advanced skills in Excel modeling.
- Strong interpersonal skills, detail oriented and able to coordinate/manage multiple tasks simultaneously.
- Working knowledge of e-commerce credit card processes, terminology and software.
- Working knowledge of banking software and automated accounting processes and software.
- Experience interfacing with internal and external customers and colleagues.
- Ability to think strategically and make sound decisions.
- Proven Analytical skills.
- Degree from an accredited institution in Accounting, Business or Treasury.
- Professional experience in network marketing or health and wellness industry.
- Professionally licensed in Accounting or Treasury field; i.e. CPA, CMA and/or CTP (or pursuing).
Established in 2002, Isagenix International has created simple, proven products that optimize what your body is capable of—helping you protect your greatest asset, your health. For more than twenty years, Isagenix has made holistic science an art with transparency and integrity—creating products and systems that address nutrition, stress, fitness, energy, natural beauty, focus, and financial wellbeing. The global wellbeing company, based in Gilbert, Arizona, markets its products through a network of independent distributors in 22 key markets: the United States, Canada, Puerto Rico, Australia, New Zealand, Mexico, the United Kingdom, Ireland, the Netherlands, Belgium, Spain, Austria, Denmark, Finland, France, Germany, Italy, Norway, Poland, Portugal, Sweden, and Switzerland. For more information, visit Isagenix.com.
Location : EEO:
Isagenix International, LLC is an equal opportunity employer and affords equal opportunity to all applicants for all positions without regard to race, color, religion, sex, national origin, age, disability, veteran status or any other status protected by law.
