Treasury Operations Manager

Treasury Operations Manager

US-NY-Orchard Park

Job :

# of Openings: 1

Category: Finance and Accounting

US-NY-Orchard Park-2389

Reporting to the Treasury Director, the Treasury Manager interacts with Corporate Accounting, Tax, Payables and Receivables, and Audit. The candidate must be a quick learner, have strong communication and analytical skills, and possess strong interpersonal and leadership skills. The candidate must also have experience operating in a Sarbanes-Oxley environment. The candidate should also possess intellectual curiosity, strive toward continuous improvement, not be satisfied with “same as last year” approaches to issues, and be willing to compete in a high-performing corporate culture.

• Monitor daily cash position and ensure adequate liquidity for operational needs.
• Develop and maintain detailed short-term and long-term cash flow forecasts.
• Implement automation tools to streamline cash forecasting and reporting processes.
• Identify and implement strategies to optimize cash balances and minimize idle balances.
• Oversee cash management operations to include daily cash administration and management of bank accounts.
• Oversight of daily treasury operations, including wire transfers, ACH payments, and cash pooling.
• Oversee bank account administration, including account openings/closures, and signatory updates.
• Negotiate and manage bank fees.
• Execute on liquidity needs for working capital and invest short-term excess cash. Manage execution of inter-company netting, inter-company lending, dividends, and capital injections.
• Manage execution of foreign exchange hedging programs, settlements, and reporting.
• Drive continuous improvement of treasury operations to maximize team productivity.
• Ensure adherence to best practices in cash management and treasury operations.
• Ensure compliance with internal controls, policies, and procedures. Develop and monitor treasury operational policies. Manage Sarbanes-Oxley compliance for Treasury operations.
• Support external and internal audits related to cash and treasury operations.
• Supervise and mentor treasury operations team.

• Candidate should possess a CTP and have 5-8 years of overall experience in cash management in a corporate or a banking environment.
• Strong analytical, financial and systems skills are required.
• A self-starter who can identify opportunities and has ability to execute projects.
• Ability to quickly learn new Treasury areas, even if no prior direct experience.
• Not afraid to be part of a high-performing corporate culture that continually seeks to improve.
• Experience working in global business environment a plus.
• Experience with TMS and foreign exchange trading platforms.
• Familiarity with SAP is a plus.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Equal employment opportunity, including veterans and individuals with disabilities.