Treasury Manager
Company: Justrite Safety Group
Location: Deerfield
Posted on: May 11, 2022
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Job Description:
Position Summary The Manager of Treasury is a newly created
strategic role within the organization that will report directly to
the Vice President of FP&A and Treasury. This person will take
the lead in developing and executing the vision for the treasury
operations and strategy of a high growth, acquisitive,
decentralized organization. This position will be responsible for
performing global treasury management transactions, analyses,
forecasting and financial & management reporting. This position
will also drive process improvement and automation in these areas
and manage the relationship with our primary banking partner. This
is a new role created due to business growth and companywide
strategic initiatives. This position will not have direct
supervisory responsibilities. However, this person will work
closely with the CFO and the controller groups at each of the
Company---s operating units. Principle Responsibilities Develop and
execute a vision for the Treasury Department Establish departmental
goals, objectives, policies, and operating procedures Drive process
improvement and automation initiatives Maintain strong bank
relationships, including fee negotiations, contracts, pricing, and
cash management interfaces Evaluate and implement optimal banking
structure and bank services Establish centralized control over the
movement of global cash balances to optimize cash Assess the
possibility of implementing a Treasury Management System (TMS) to
help with standardization, automation, safeguarding of cash and
working capital improvement Implement process management by
developing standardized key performance indicators (KPIs) Advise
management on the liquidity aspects of its short- and long-range
planning Manage daily cash requirements, related borrowing needs
and available funds Manage 13-week cash flow forecast model Manage
the company---s debt, including coordination of covenant
compliance, interest payments, principal amortization and letters
of credit Coordinate with Tax Manager and external advisors to
identify structures to effectively pool excess cash held by
international entities Support the smooth operation of A/R and A/P
processing and other banking services and take the lead to resolve
business critical issues in a timely manner Manage the company---s
corporate insurance program Assist management with overseeing the
Company---s levels and timing of capital expenditures Responsible
for monitoring global interest rate and foreign exchange exposures
Provide general treasury support relating to M&A activities
Implement and manage corporate procurement and T&E card
programs and other banking products and services Maintain a system
of policies and procedures that impose an adequate level of control
over treasury activities Assist Finance Team with cash
planning/budgeting issues as required Requirements Bachelor---s
degree in Finance, Accounting or related field 7 years of overall
experience in treasury A passionate and ambitious professional
Ability to work effectively with all levels of the organization and
across departments Strong analytical, problem-solving skills Strong
organizational skills, attention to detail and continuous process
improvement mindset Strong interpersonal and communication skills
(written and verbal) Assertive, action oriented, hands-on, "roll up
your sleeves"-type approach Energetic, strong work ethic,
resilient, collaborative, ability to juggle multiple projects at
once and personally committed to achieving success Desired Skills
And Experience Certified Treasury Professional (CTP) designation
Experience with decentralized multinational organizations Effective
negotiation skills and ability to manage outside service providers
Familiar with international Tax concepts M&A post acquisition
treasury process integration Demonstrated strong project management
skills, including ability to prioritize and meet deadlines
Experience working in a private equity backed middle-market
manufacturing company (preferred but not required) Experience with
financial modeling (preferred but not required) Experience with a
Treasury Management System (preferred but not required) Experience
working in a private equity backed middle-market manufacturing
company (preferred but not required)
Keywords: Justrite Safety Group, Arlington Heights , Treasury Manager, Executive , Deerfield, Illinois
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