Manager, Treasury Operations

Overview :

Key member of the treasury function. Manages cash and treasury functions, including cash positioning and reporting, short-term investing and borrowing, debt and interest payments, debt covenant compliance, bank and lender relationship management, wire payments, fraud prevention, and bank account setup and maintenance.

Responsibilities :

• Responsible for preparing debt covenant calculations and other bank and lender reporting requirements, including managing letters of credit
• Manages, maintains, and administers bank relationships and reports
• Manages interest and principal payments related to outstanding debt
• Performs daily corporate cash management activities
• Monitors and manages company’s daily cash position
• Ensures compliance with internal controls, policies and procedures in day-to-day conduct and supervision of cash and treasury management activities
• Recommends and implements improvements to current cash management processes
• Anticipates short-term borrowing needs, communicates them to executive-level personnel, and submits request to the bank
• Assists in managing and maintaining the company’s banking infrastructure
• Implements cash and treasury management systems and trains staff on those systems
• Acts as an expert advisor on banking issues
• Ensures compliance with SOX controls, and other rules governing cash transactions and banking
• Interfaces with Accounting for bank general ledger upload, journal entry differences and general troubleshooting
• Maintains debt amortization schedules and prepares monthly journal entries to record debt activity
• Conducts research into cash actual vs forecast variances and documents explanations
• Understands and manages appropriate procedures and processes around month-end and quarter-close activity
• Participates in debt refinance activities and capital structure assessments, as needed
• Responsible for drafting and maintaining treasury and cash related policies
• Reviews debt-related disclosures included in the Company’s SEC filings

Qualifications :

• Knowledge of MS Office including Excel, Word and PowerPoint
• Knowledge of appropriate accounting and financial software packages
• Familiarity with Generally Accepted Accounting Principles (GAAP), treasury workstation and technology experience
• Ability to work independently
• Analytical skills
• Detail-oriented
• Presentation skills
• Organization skills
• Troubleshooting skills
• Verbal and written communication skills
• BA in Accounting, Finance or related field, CPA or MBA preferred
• Retail experience preferred
• 6+ years of relevant experience in Corporate Finance and Treasury Operations
• Accounting or financial analysis
• Supervisory experience preferred