Treasury Manager

At Valtris, our purpose is simple: we manufacture and provide specialty chemicals that improve our customers’ products and processes; by helping our customers develop innovative and sustainable products. Join our team, and you will be challenged creatively and provided opportunities allowing your career to grow with you.

Reports to the Treasurer and is responsible for managing the Company’s treasury activities, including cash and liquidity management, cash forecasting, banking relationships, payment processes, fraud prevention, and bank account administration. The Treasury Manager works closely with the Company’s Finance Managers, Controllers, Accounts Payable, Accounts Receivable, Sales, and other departments to ensure effective cash management and accurate forecasting of the Company’s liquidity position.

The Treasury Manager is also responsible for global cash and liquidity reporting to the Treasurer and CFO, monitoring bank account activity and balances, coordinating fund transfers, and ensuring treasury transactions are properly authorized and documented. This position supports the Treasurer with treasury-related projects, banking initiatives, financing requirements, and process improvements. This position supervises treasury and/or AP/AR personnel; management duties include selecting and training employees and planning and directing the workload.

• Manage the global cash and liquidity reporting process to the Treasurer and CFO
• Prepare cash flow and liquidity reports and identify and evaluate significant variances
• Work with Finance Managers, Controllers, Accounts Receivable, Accounts Payable, and Sales to accurately forecast the timing and amounts of future cash flows
• Monitor global cash balances and liquidity to ensure financial obligations are met in accordance with Company policies and procedures
• Assist the Treasurer with short- and long-term liquidity planning and cash management strategies
• Establish and maintain banking relationships and will be primary contact for banking partners
• Manage the opening, closing, and maintenance of Company bank accounts and related documentation
• Complete all cash management and bank account set-up documentation for new and existing treasury processes; prepare correspondence and proposals related to cash management and banking activities
• Work with the Treasurer on the implementation and maintenance of electronic banking services and payment methods
• Review and monitor bank account activity to ensure balances are appropriate and unusual or unexpected transactions are investigated
• Confer with bank personnel to effect fund transfers to and from the line of credit and/or other Company bank accounts
• Review and approve all non-repetitive wire transfers; ensure transactions have appropriate documentation and authorization
• Oversee treasury payment activities, including wires, ACH, intercompany transfers, and other electronic payment methods
• Monitor payment activity for potential fraud and ensure suspected fraudulent or unusual transactions are addressed in an urgent manner
• Review bank fees, merchant card fees, and other banking costs and provide monthly or quarterly reporting
• Oversee the Accounts Payable function, including invoice processing, payment runs, vendor payments, and payment prioritization in accordance with available liquidity and Company policies
• Review and monitor AP aging, vendor balances, and payment requirements to support effective cash flow management and ensure critical financial obligations are appropriately prioritized
• Coordinate with Procurement, Operations, Finance, and AP personnel to resolve invoice, purchase order, vendor, and payment issues that may impact cash flow or vendor relationships
• Ensure appropriate…