Treasury Manager

Position Overview

Greater Purpose and Core Values: Athletico’s Greater Purpose is to empower people, inspire hope and transform lives. We accomplish this by providing exceptional, progressive, and cost-effective fitness, performance and rehabilitative services through personalized care that emphasizes education and prevention of future injury. This is accomplished through building on our Core Values of one team, understanding our business, recognition, people-focused, accountability, continuous innovation and trust and integrity, which are the foundation for our unique culture.

Position Summary:

The Treasury Manager is responsible for overseeing the company’s daily cash-management activities and special cash-management projects, ensuring sufficient liquidity to meet operational and financial obligations while optimizing available cash.

This role manages daily cash positioning, cash-flow forecasting, banking activities, payments, debt management, short-term investments and borrowing, bank relationships, and other cash-management analysis. The Treasury Manager will collaborate with Accounting, Accounts Payable, Accounts Receivable, FP&A, Tax, and business leaders to improve cash visibility, maintain accurate financial records, and support liquidity decisions. to optimize liquidity and support the financial health of the business.

The Treasury Manager will report to the Vice President – Treasury.

Essential Duties and Responsibilities:

• Manage daily cash positioning across the firm’s bank accounts and legal entities
• Monitor cash balances, inflows, outflows, and upcoming funding requirements
• Ensure sufficient liquidity is available to meet payroll, vendor payments, tax payments, debt obligations, and other operational requirements
• Initiate or coordinate intercompany and interbank transfers to efficiently concentrate and deploy cash
• Optimize the use of excess cash, including short-term investments or debt repayment, in accordance with the firm’s policy
• Monitor available credit facilities and coordinate short-term borrowings when necessary
• Identify opportunities to reduce idle cash, avoid unnecessary borrowing, and improve working-capital efficiency
• Oversee daily banking activities, including cash administration, payments, collections, funding, and account management
• Review and approve wire transfers, ACH payments, and other non-routine transactions in accordance with delegated authority
• Manage bank accounts, authorized signers, account documentation, and online banking access
• Forecast and prepare debt covenant calculations
• Maintain up-to-date Treasury procedures documentation

Cash-Flow Forecasting and Reporting

• Prepare and maintain short- and medium-term cash-flow forecasts including daily, weekly, monthly, and quarterly liquidity projections
• Partner with FP&A, Accounting, Accounts Payable, Accounts Receivable, Tax, Payroll to collect and validate forecast inputs
• Analyze actual cash flows against forecasts and explain material variances
• Identify potential liquidity surpluses or shortfalls and recommend appropriate actions

Special Projects

• Prepare financial analysis of special projects impacting cash as requested
• Participate in and lead multi-disciplinary teams
• Prepare and present findings and recommendations to senior management

Qualifications:

• Education:
  • Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
  • 5+ years of progressive experience in corporate finance, treasury, cash management, or a related finance function.
  • At least 3 years in a leadership role with a track record of building and managing high-performing teams.
• Certification/Licensure:
• • Certified Treasury Professional (CTP), Certified Public Accountant (CPA), or progress toward a relevant professional…