Manager of Treasury; Hybrid - Draper, UT

Overview

Progressive Leasing is a leading provider of in-store and e-commerce lease-to-own solutions. With more than 20 years in Fin Tech, we have grown from a start-up to an industry leader by innovating, simplifying, and valuing people. We are a subsidiary of PROG Holdings (NYSE: PRG), a Fin Tech holding company that includes three business segments:
Progressive Leasing, Purchasing Power – an employee purchase program that uses payroll deduction, and Four – a Buy Now Pay Later platform.

We are currently hiring a Manager of Treasury to lead treasury operations with a strong focus on payments, systems integration, and process automation. This role owns the execution and optimization of treasury and payment processes across PROG Holdings and serves as a key partner in enterprise initiatives including acquisitions, Workday implementation, and company-wide cash flow forecasting. The Manager of Treasury will operate as both an operational leader and a strategic enabler-driving scalable, secure, and automated treasury solutions across the organization.

Employee Value Proposition: PROG is dedicated to providing people with opportunities for inclusive collaboration, innovation, and development.

We are an enterprise-focused financial organization supporting complex payment ecosystems and multi-entity operations. We value strong internal controls, operational excellence, and continuous improvement. Our teams partner cross-functionally across Finance, Accounting, FP&A, IT, and external vendors to deliver scalable treasury solutions that support business growth, system modernization, and acquisition integration. We are committed to automation, risk mitigation, and best-in-class treasury operations.

Candidate profile: A hands-on treasury leader who thrives in complex, fast-paced environments and enjoys owning both strategy and execution. You bring deep payments and banking expertise, are highly detail-oriented, and are comfortable leading large-scale system implementations and integrations. You are a problem solver who values automation, strong controls, and cross-functional collaboration, and you operate confidently as a trusted partner to senior stakeholders.

• Lead daily treasury operations including cash positioning, liquidity management, and bank account administration.
• Oversee payment processing across ACH, wire transfers, lockbox, retail payments, and online bill payment platforms.
• Supervise remittance processing workflows to ensure accuracy, completeness, and strong internal controls.
• Prepare, review, and release ACH batches and wire transfers in accordance with approval matrices.
• Manage positive pay decisioning, exception resolution, and fraud mitigation efforts.
• Promote adoption of electronic payment strategies, including ACH direct deposit.

• Serve as the treasury lead for the implementation, configuration, and ongoing optimization of Workday, including treasury workflows, bank connectivity, payment processing, and user access controls.
• Lead treasury integration activities for acquisitions, including onboarding new legal entities, establishing bank accounts, and migrating payment processes.
• Partner with Accounting, Finance Transformation, IT, and external vendors to ensure seamless system transitions and post-close stabilization.
• Support testing, validation, and deployment of treasury and payment functionality during system changes.

• Assist in preparing and maintaining short-term and medium-term cash flow forecasts across PROG Holdings.
• Partner with FP&A, Accounting, Finance, and business teams to gather inputs, validate assumptions, and improve forecast accuracy.
• Provide visibility into liquidity trends, payment timing, and cash risks to support informed decision-making.

• Identify and implement automation opportunities across treasury and finance, including payments, reconciliations, reporting, and bank integrations.
• Drive initiatives to replace manual and spreadsheet-driven processes with scalable, system-based solutions.
• Lead continuous improvement efforts that reduce operational risk and strengthen internal controls.

• Manage relationships with large national U.S. banking partners, overseeing account structures, services, and issue resolution.
• Maintain experience with complex account types, including loan-related accounts and lockbox arrangements.
• Ensure compliance with NACHA rules, banking regulations, SOX requirements, and internal treasury policies.
• Support audits and internal control documentation related to treasury activities.

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• 10+ years of experience in treasury management, payments, or cash operations.
• Strong hands-on exper