Job Description
Accentuate Staffing is currently recruiting for a Treasury Manager of Cash Management for a global manufacturer in Morrisville, NC. This position will play a critical role in ensuring the company’s liquidity, optimizing cash flow, and managing financial risks related to operations and global markets. This position is hybrid 2-3 days per week in office with one direct report.
Responsibilities:
- Cash Management, debt administration, trade financing administration and banking relationships
- Monitor/review the daily cash management activities to include cash positioning, borrowing decisions, bank spreadsheets, execution of wire and ACH transfers and daily dashboard reporting
- Determine cash borrowing requirements daily/weekly
- Provide weekly support to the cash forecasting team of actual activity to include timely preparation of cash reports and updates to outstanding AR reports
- Ensure there is an up-to-date repository of all bank agreements, including signatory documentation, account analysis and pricing
- Create a treasury database to include all bank accounts, contacts, wire instructions and signatories etc.
- Oversee guarantees required on seasonal lines and/or for securitization programs
- Initiate letters of credit, monitor open LCs and create tracking mechanisms for all outstanding letters of credit as well as ensuring sufficient collateral is maintained
- Administer U.S. ABL, including but not limited to monthly, quarterly, and annual compliance reporting as well as field exam management and documentation
- Develop and implement process improvements/efficiencies as needed
- Primary point of contact for SOX control documentation
- Support Treasury team on cash management relationships, strategy and pricing negotiations/analysis
- Support Global AR and Collections Manager with AR analysis, reporting, securitization back-up and liquidity strategies as needed
- Ad-hoc support to treasury/finance team with respect to financial reporting and other ad-hoc projects
Requirements:
- Bachelor’s degree in Accounting, Business Administration and/or Finance preferred
- 4-6+ years relevant corporate multinational experience
- Previous experience in a global corporate treasury organization with supply chain or securitization experience a plus
- Strong excel and data organization
- Curious and independent, yet team oriented
- Demonstrated attention to detail with high levels of accuracy and timely completion of responsibilities
- Strong process and control design experience
- Strong business acumen, multi-industry experience is a plus
- SAP experience preferred
Job Tags
Seasonal work, Work at office, 2 days per week, 3 days per week,