Treasury Manager

2 months ago

Detroit, United States Hire Road, Inc. Full time

Treasury Manager

Metro Detroit, MI


Summary:

Our client is a leader in the food and beverage industry and is looking to add an experienced Treasury Manager to their growing team. This role will be responsible for forecasting cash flow and assessing the company’s short-term and long-term liquidity profile. The position will be highly visible and able to have an immediate impact on the department and company.


The Treasury Manger must have five to seven years of finance and treasury experience in a multinational company


Treasury Manager Requirements:

  • Bachelor’s degree in accounting, Business, or Finance required
  • Five to seven years of finance and treasury experience in multinational company required
  • An MBA, CPA or CFA designation is preferred
  • Domestic and international finance experience with extensive knowledge of international treasury operations, cash management, financial risk management, debt compliance, and cashflow forecasting
  • Attention to detail and a high degree of accuracy
  • High level of integrity, confidentially, and accountability
  • Strong work ethic and positive team attitude
  • Sound analytical thinking, planning, prioritization, and execution skills
  • Ability to respond appropriately in pressure situations with a calm and steady demeanor
  • A well-defined sense of diplomacy, including solid negotiation, conflict resolution, and people management skills
  • Excellent teamwork and team building skills
  • Articulate and confident presenter and communicator
  • Able to build and maintain lasting relationships with other departments and key business partners


Treasury Manager Description:

  • Forecast cash flow and assess the Company’s short-term and long-term liquidity profile, related borrowing needs, and sources of funding
  • Maintain ongoing compliance with credit agreement obligations and debt covenants, ensuring monthly, quarterly and periodic reporting requirements are consistently maintained
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Monitor and assess the Company’s short-term and long-term exposure to foreign currency and interest rate risk and develop recommendations to mitigate risk.
  • Oversee the implementation of risk management strategies, monitor and report effectiveness and refine strategies to respond to changing business and economic conditions
  • Manage the Company’s currency hedging program, including initiation, monitoring and settlement of spot and forward contracts for foreign currency conversion swaps
  • Maintain a system of internal controls, guidelines and procedures for activities related to cash and credit management
  • Responsible for working capital and cash flow forecasting and liquidity planning, and management, including ensuring that surplus cash is effectively identified and available for efficient usage (e.g., investment, external debt servicing, intercompany funding)
  • Responsible for the constant improvement of the cash flow forecasting processes including regular variance analysis appropriate remedial actions required to improve forecast accuracy
  • Oversee production of reports, including weekly cash report, reporting under the Company’s credit facilities, cashflow forecasts, credit exposure report, monthly borrowing base reporting
  • Maintain banking and commercial insurance relationships. Oversee maintenance of all company bank accounts; open/close, authorized signatures, etc.; Maintain User Access controls and credentials for online banking user access
  • Advise management on the liquidity implications of its short- and long-range planning
  • Responsible for ensuring achievement of DSO and DPO targets
  • Maintain relationships with credit rating agencies (Moody’s and S&P) relative to company’s credit rating
  • Oversee the issuance of Letters of Credit and Bank Guarantees


WHO WE ARE

Choosing the Hire Road is about shared success, active and committed partnerships and relationships that last. Hire Road is solely focused on connecting highly skilled professionals with leading organizations. We are a solutions-based, results-oriented staffing company specializing in a wide range of industry specific practices. To put it simply, we recruit, screen and hire talented people for temporary and full-time positions.


This classification description is intended to indicate the general kinds of tasks and levels of work difficulty that are required of positions given this title and should not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of the employees under her/his supervision. The use of a particular expression or illustration describing duties shall not exclude other duties not mentioned that are of a similar kind or level of difficulty.

Equal Opportunity Employer

  • Treasury Manager

    2 months ago

    Detroit, United States Hire Road, Inc. Full time

    Treasury ManagerMetro Detroit, MISummary:Our client is a leader in the food and beverage industry and is looking to add an experienced Treasury Manager to their growing team. This role will be responsible for forecasting cash flow and assessing the company’s short-term and long-term liquidity profile. The position will be highly visible and able to have an...

  • Treasury Manager

    4 weeks ago

    Detroit, United States Hire Road, Inc. Full time

    Treasury ManagerLivonia, MISummary:Our client is a leader in the food and beverage industry and is looking to add an experienced Treasury Manager to their growing team. This role will be responsible for forecasting cash flow and assessing the company’s short-term and long-term liquidity profile. The position will be highly visible and able to have an...

  • Treasury Analyst

    4 weeks ago

    Detroit, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Description:As a Treasury Analyst, you will play a critical role in managing the financial assets and liabilities of our organization. You will be responsible for monitoring cash flow, analyzing financial data, and executing strategies to optimize liquidity, mitigate financial risks, and maximize returns on investments....

  • Senior Treasury Analyst, Cash Management

    4 weeks ago

    Detroit, United States Wayne State University Full time

    Senior Treasury Analyst, Cash Management Wayne State University is searching for an experiencedSenior Treasury Analyst, Cash Managementat its Detroit campus location. Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education. Our...

  • Senior Treasury Analyst, Cash Management

    4 weeks ago

    Detroit, Michigan, United States Wayne State University Full time

    Senior Treasury Analyst, Cash ManagementWayne State University is searching for an experiencedSenior Treasury Analyst, Cash Managementat its Detroit campus location.Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education. Our...

  • Financial Treasury Specialist

    7 days ago

    Detroit, Michigan, United States augmentjobs Full time

    Job OverviewPosition Summary:As a Financial Treasury Specialist at AugmentJobs, you will be instrumental in overseeing the organization's financial resources and obligations. Your role will involve tracking cash flow, evaluating financial metrics, and implementing strategies to enhance liquidity, reduce financial exposure, and optimize investment returns....

  • Senior Treasury Operations Analyst

    4 weeks ago

    Detroit, Michigan, United States Rock Family of Companies Full time

    The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We're united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard...

  • Treasury Operations Analyst

    3 weeks ago

    Detroit, Michigan, United States Rock Family of Companies Full time

    The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We're united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard...

  • Sr Analyst Cash Management

    1 month ago

    Detroit, United States Blue Cross Blue Shield of Michigan Full time

    Responsible for daily cash position functions for BCBSM and subsidiary companies. Responsible for assuring efficient cash management techniques and technology are utilized to maximize balances for investments, ensure adequate liquidity and optimal returns on excess cash. Support leadership on various projects as assigned. Consolidate cash flow information to...

  • Sr Analyst Cash Management

    1 month ago

    Detroit, Michigan, United States Blue Cross Blue Shield of Michigan Full time

    Responsible for daily cash position functions for BCBSM and subsidiary companies. Responsible for assuring efficient cash management techniques and technology are utilized to maximize balances for investments, ensure adequate liquidity and optimal returns on excess cash. Support leadership on various projects as assigned. Consolidate cash flow information to...

  • Sr Analyst Cash Management

    4 weeks ago

    Detroit, United States The Ladders Full time

    Job Description Responsible for daily cash position functions for BCBSM and subsidiary companies. Responsible for assuring efficient cash management techniques and technology are utilized to maximize balances for investments, ensure adequate liquidity and optimal returns on excess cash. Support leadership on various projects as assigned. Consolidate cash...

  • Senior Treasury Operations Analyst

    1 month ago

    Detroit, United States Rocket Companies Full time

    The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard...

  • Senior Treasury Operations Analyst

    2 months ago

    Detroit, United States Rock Central Inc Full time

    RKT Holdings is a centralized hub that delivers thoughtful and innovative solutions for Rocket Companies . We are the center of operations, technology, marketing, HR, legal, strategy and more that propels our companies forward. Here, we’ll give you the opportunity to launch your career and work with various companies, spanning multiple industries from...

  • Relationship Manager 3

    3 weeks ago

    Detroit, Michigan, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development as well as monitoring the quality of an extensive existing portfolio of companies with annual gross sales of at least $10...

  • Relationship Manager 3

    3 weeks ago

    Detroit, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development as well as monitoring the quality of an extensive existing portfolio of companies with annual gross sales of at...

  • Senior Financial Manager, ADME

    2 days ago

    Detroit, Michigan, United States BioIVT Full time

    Job OverviewPosition: Senior Financial Manager, ADMECompany Overview: BioIVT stands as a premier global provider of research models and enhanced research services tailored for drug discovery and development. Our expertise lies in the provision of control and disease-state biospecimens, which encompass human and animal tissues, cellular products, blood, and...

  • Commercial RM II

    3 weeks ago

    Detroit, Michigan, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third betterWe connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development and monitor the quality of an existing portfolio of companies with annual gross sales of at least $10 Million within a...

  • Commercial RM II

    3 weeks ago

    Detroit, United States Fifth Third Bank, N.A. Full time

    Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for profitable business development and monitor the quality of an existing portfolio of companies with annual gross sales of at least $10 Million...

  • Captive Portfolio Administrator

    6 days ago

    Detroit, United States Comerica Full time

    Captive Portfolio Administrator Position Summary Handle all daily requests from customers including L/C and loan processing, opening deposit accounts, performing all required due diligence, documentation, fee collection, statements, reporting and account transfers. Monitor collateral daily including running reports, mitigating out of compliance situations,...

  • Sr Commercial Portfolio Manager – Technology Finance

    3 months ago

    Detroit, United States Huntington National Bank Full time

    Description The Senior Commercial Portfolio Manager – Technology Finance underwrites credit exposure for large, complex customer relationships and circumstances and actively manages a portfolio. Includes day-to-day interaction with assigned Sales Reps, managing portfolio risk, and adheres to all regulatory and compliance guidelines. A critical...