Treasury Manager

Company: Justrite Safety Group
Location: Deerfield
Posted on: May 11, 2022

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