Treasury Manager

For over 30 years, Carver Companies' has been a leading provider of construction materials, marine transportation and infrastructure services across the East Coast. With operations in New York, South Carolina, and Canada, our fundamental belief has been to provide unparalleled service to all while maintaining our values of honesty and integrity both on land and sea.

• Monitor daily cash position and forecast short-term and long-term cash flow.
• Ensure adequate liquidity to meet operational and capital expenditure needs.
• Optimize working capital management, including accounts receivable, accounts payable, and inventory financing.
• Manage cash pooling, intercompany transfers, and banking structures.
• Oversee disbursement processes to ensure timely payments to vendors, employees, and stakeholders.

• Maintain relationships with banks, financial institutions, and credit agencies.
• Negotiate and oversee banking agreements, fees, and service contracts.
• Optimize the number of banking partners and accounts to minimize costs and complexity.
• Implement fraud prevention measures such as positive pay and dual authorization.
• Ensure compliance with banking regulations and reporting requirements.

• Manage the organization’s debt portfolio, including term loans, revolving credit facilities, and bond issuances.
• Ensure compliance with debt covenants and reporting requirements.
• Optimize the capital structure by balancing debt and equity financing.
• Evaluate and execute refinancing or restructuring strategies to lower borrowing costs.
• Support negotiations for new credit facilities and debt instruments.

• Oversee short-term investment strategies for surplus cash (e.g., money market funds, treasury securities).
• Manage corporate investments in alignment with risk tolerance and return objectives.
• Ensure adherence to investment policies and liquidity constraints.
• Monitor interest rate environments to optimize returns on excess cash.

• Identify and mitigate financial risks, including interest rate, foreign exchange, and commodity price risks.
• Develop and execute hedging strategies using derivatives (swaps, forwards, options).
• Monitor counter parties' credit risks and ensure compliance with risk management policies.
• Work with procurement teams to hedge exposure to raw material price fluctuations.

• Provide treasury-related inputs for financial forecasts, budgets, and strategic planning.
• Collaborate with FP&A and accounting to ensure accurate cash flow forecasting.
• Analyze financial ratios and leverage metrics to guide decision-making.
• Support mergers, acquisitions, and divestitures by evaluating financial risks and funding strategies.
• Assist in planning and securing funding for capital expenditures.
• Evaluate lease vs. buy decisions for equipment and infrastructure investments.
• Work with operations and finance teams to optimize Cap Ex deployment.
• Ensure Cap Ex financing aligns with overall capital allocation strategy.

• Implement and maintain treasury management systems (TMS) for automation and efficiency.
• Optimize payment processing, electronic funds transfers (EFT), and reconciliation processes.
• Enhance internal controls over cash and treasury functions to prevent fraud.
• Leverage digital tools and analytics for real-time financial decision-making.

• Ensure compliance with financial regulations (e.g., SOX, IFRS, GAAP, Basel III).
• Manage compliance with anti-money laundering (AML) and Know Your Customer (KYC) requirements.
• Prepare treasury-related reports for auditors, regulators, and board members.
• Implement internal controls to safeguard against financial risks and fraud.

• Manage corporate insurance programs, including property, liability, and business interruption insurance.
• Assess and mitigate counter party credit risk from customers and suppliers.
• Negotiate trade credit terms and work with credit agencies to assess customer risk.
• Support…