Sr. Manager; Treasury Operations & Risk Management

Solve Industrial Motion Group strives to be the trusted source for engineered bearings and power transmission solutions. Supported by a diverse range of products within Solve’s brand portfolio and our unmatched technical expertise, we have over 100,000 ready-to-ship components. At Solve we innovate with ambition, offering custom solutions in a wide range of applications. We obsess over our customers, leveraging our nationwide network for industry leading product availability, and best-in-class customer service.

Our engaged team leads with integrity, and unites with purpose, driving toward innovation and continuous improvement every day.

Reporting to the VP of FP&A, the Sr Manager, Treasury Operations & Risk Management will be responsible for leading the company’s treasury operations, liquidity management, cash positioning, banking relationships, and corporate risk management activities. The ideal candidate will exercise their strong analytical and problem-solving skills, focusing on optimizing banking infrastructure and cash management processes, maintaining strong treasury controls, managing short-term liquidity and investments and administering debt facilities.

The Sr. Manager;
Treasury Operations & Risk Management will oversee the company’s insurance programs by assessing insurance needs and exposures, maintaining appropriate coverage, and consistently evaluating insurance programs to ensure coverage remains aligned with the company’s evolving risk profile while balancing coverage, cost, and risk retention. The ideal candidate will lean into their strong communication skills, translating financial information into actionable recommendations for senior leadership.

The Sr. Manager;
Treasury Operations & Risk Management will have a demonstrated track record of driving process improvements, implementing treasury technologies and controls, and operating effectively in a fast-paced, evolving environment, including supporting the integration of newly acquired businesses and changing financial requirements.

• Manage banking relationships and support the implementation of treasury technologies, services, and process improvements, with a focus on improving efficiency, strengthening controls, and reducing banking and transaction costs
• Establish and maintain a strong internal control environment over treasury activities, including bank signatories, user access, segregation of duties, payment authorization controls, and related policies and procedures
• Ensure cash disbursements are properly authorized, accurate, appropriately supported, and recorded in accordance with company policies, including reviewing, approving, and releasing payments through banking platforms as part of established pay cycles

• Lead short-term liquidity forecasting and cash positioning activities to ensure adequate liquidity across the organization while optimizing returns on excess cash
• Develop and maintain a rolling 13-week cash flow forecast, analyze forecast-to-actual results, identify emerging liquidity or funding needs, and recommend timely actions to management
• Manage ongoing administration of the company’s debt facilities, including monitoring borrowing availability, interest payments, maturity requirements, and other contractual obligations
• Manage short-term investment activities and available cash balances, evaluating investment alternatives based on liquidity requirements, counter party exposure, market conditions, and risk considerations to ensure funds are appropriately positioned

• Lead insurance renewals in partnership with internal stakeholders, brokers, and…