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Manager, Treasury Operations

4 months ago

Stamford, United States Alcority Full time
Manager, Treasury Operations:

We are seeking a highly skilled and detail-oriented Manager, Treasury to join our growing team in Stamford, CT.

Reporting into the SVP, Treasury, the Manager is responsible for overseeing all aspects of treasury operations and ensuring effective cash management practices across the organization. You will play a crucial role in maintaining accurate financial records, managing banking relationships, and implementing cash management systems.

The ideal candidate will possess excellent analytical and communication skills, with a strong understanding of treasury operations and financial management principles.

Responsibilities:
  • Oversee and monitor the input of payments into the financial system to ensure accuracy.
  • Implement efficient cash management practices to optimize the company's liquidity position.
  • Review cash flow forecasts, monitoring daily cash balances.
  • Work cross-functionally with the AP team to review payment requests and ensure compliance with company policies and procedures.
  • Conduct periodic reviews of AP processes to identify opportunities for improvement and streamline operations.
  • Oversee the process of opening and closing bank accounts, ensuring compliance with applicable regulations.
  • Monitor the overall status of bank account balances, reviewing fund transfers, and reconciliation of bank statement.
  • Manage signature authorities and ensure proper documentation for authorized signatories.
  • Oversee the KYC process for new and existing banking relationships.
  • Coordinate with internal stakeholders and external parties to obtain necessary documentation for KYC compliance.
  • Oversee online banking requests: including adding or removing users, setting up payment templates, and managing access controls.
  • Manage the opening of escrow accounts in accordance with legal and contractual requirements.
  • Supervise the issuance and management of letters of credit, including tracking and reviewing related documentation.
  • Review banking-related expenses for ongoing projects and provide necessary financial information to project teams.
  • Research, identify and implement the appropriate cash management system
  • Collaborate with cross-functional teams to define system requirements, evaluate vendor proposals, and oversee the implementation process.
Requirements:
  • Bachelor's degree in finance, accounting, or a related field (MBA or CTP certification is a plus).
  • 7+ years of experience in treasury management or a similar role is required
  • Strong knowledge of financial management principles and cash management practices.
  • Proficiency in using treasury management systems and online banking platforms.
  • Excellent analytical skills with the ability to identify and resolve complex financial issues.
  • Strong attention to detail and accuracy in financial record-keeping.
  • Effective communication and interpersonal skills to collaborate with internal and external stakeholders.
  • Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
  • Knowledge of regulatory requirements related to banking and treasury operations.
It is impossible to list every requirement for, or responsibility of, any position. Similarly, we cannot identify all the skills a position may require since job responsibilities and the Company's needs may change over time. Therefore, the above job description is not comprehensive or exhaustive. The Company reserves the right to adjust, add to or eliminate any aspect of the above description. The Company also retains the right to require all employees to undertake additional or different job responsibilities when necessary to meet business needs.

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Benefits & Perks:
  • Time Off: 20 days of PTO for full-time employees and 12 company holidays.
  • Summer Fridays: July 4th through Labor Day, the office is completely closed/offline every other Friday.
  • Company Paid Benefits: Life insurance, Short-term disability, Long-term disability, Paid parental leave, Employee Assistance Program, and medical insurance in our high deductible health plan.
  • Optional Employee Paid Benefits:Medical insurance in our EPO plan, Dental benefits, and Vision benefits. We also offer Health Savings Accounts, Flexible Spending Accounts, Supplemental Life insurance, and more.
  • 401(k): Eligible after 60 days. Discretionary company match of 50% up to the first 6% of contributions.


EQUAL OPPORTUNITY EMPLOYER

DORILTON IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER. THE COMPANY'S POLICY IS NOT TO DISCRIMINATE AGAINST ANY APPLICANT OR EMPLOYEE BASED ON RACE, COLOR, RELIGION, NATIONAL ORIGIN, GENDER, AGE, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, MENTAL OR PHYSICAL DISABILITY, AND GENETIC INFORMATION, OR ANY OTHER BASIS PROTECTED BY APPLICABLE LAW. THE FIRM ALSO PROHIBITS HARASSMENT OF APPLICANTS OR EMPLOYEES BASED ON ANY OF THESE PROTECTED CATEGORIES.