Treasury Manager

Our client located in St Petersburg Florida is seeking a skilled Treasury Manager to oversee the treasury operations, ensuring optimal liquidity, risk management, and financial strategy alignment. The Treasury Manager will be responsible for managing the company’s cash flow, banking relationships, and financial risk management. Reporting directly to the Controller, the selected candidate will play a pivotal role in ensuring that the company’s treasury functions are efficient and aligned with our strategic goals and private equity stakeholders' expectations.

Responsibilities:

Cash Management:

• Oversee daily cash management, including cash flow forecasting and optimization.
• Manage cash positioning to ensure liquidity requirements are met and surplus cash is effectively invested.
• Develop and support improvements to treasury policies, procedures and controls
• Create and route for approval cash disbursements including checks, ACH and wire payments
• Monthly reconciliation of all company bank accounts
• Implement and maintain cash management policies and procedures.
• Effectively work with and support internal business partners including AR, AP, legal, tax and IT
• Oversee day-to-day operations of AP and AR departments

Banking and Financial Relationships:

• Develop and manage relationships with banks and financial institutions.
• Negotiate terms and manage banking arrangements, including credit facilities and services.
• Oversee bank account management, including opening, closing, maintenance and signatory updates.
• Evaluate and recommend banking products, services and platforms as appropriate.
• Responsible for monthly bank compliance and covenant reporting

Risk Management:

• Identify and manage financial risks, including interest rate, foreign exchange, and credit risks.
• Develop and implement hedging strategies to mitigate financial risks.
• Monitor and analyze risk exposure and recommend appropriate risk management strategies.

Treasury Operations:

• Manage the company’s debt portfolio, including debt compliance, covenant monitoring, and refinancing activities.
• Oversee treasury operations and ensure accurate and timely reconciliation of cash transactions.
• Implement and maintain treasury systems and processes for efficiency and accuracy.
• Effectively work with and support internal business partners including AR, AP, legal, tax and IT
• Work with internal and external auditors
• Support special projects and M&A activities

Reporting and Analysis:

• Prepare and present treasury reports to senior management and private equity stakeholders.
• Daily cash positioning and reporting
• Track cash investment activities
• Ensure accuracy of interest expense payments
• Periodic cost review and alignment of bank fees
• Provide analysis and recommendations on liquidity, financial risk, and investment opportunities.
• Support the preparation of financial models related to treasury functions.

Compliance and Controls:

• Ensure compliance with financial regulations, policies, and procedures.
• Develop and maintain internal controls to safeguard company assets and ensure accurate reporting.
• Prepare, review and maintain SOX compliance within the department; ensure proper controls exist over cash receipts, disbursements and general treasury activities

Strategic Planning:

• Contribute to the development and execution of the company’s financial strategy.
• Support strategic initiatives by providing insights into cash flow and financing requirements.

Process Improvement:

• Develop and support improvements to treasury policies, procedures and controls
• Identify and recommend treasury process improvements.
• Ensure best practices are followed in treasury operations.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or professional certifications (e.g., CTP) preferred.
• 5-7 years of experience in treasury management, preferably within the healthcare or manufacturing sectors.
• Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills
• Experience working in a private equity-owned environment is highly desirable.

PLEASE SEND RESUME IN WORD TO RC@RELLOSEARCH.COM

In office position, Local candidates preferred