Job Description:

Position Overview:

The Treasury Manager will be responsible for managing all aspects of treasury operations including processing, oversight and administration, to ensure all are maintained in compliance with policies and controls. The preferred candidate will have 5+ years of treasury related experience, including managing and administering online platforms, and demonstration of strong communication, organizational and analytical skills.

What you will do and achieve:

• Serve as primary administrator on online treasury platforms (including banking, corporate credit card, merchant services) and monitor existing bank account services and signatories


• Monitor daily cash balances and process interbank cash movements to ensure adequate liquidity to meet operational needs, optimize cash utilization and maximize earnings on cash surplus


• Monitor daily cash activity and review/action pay exceptions, returns and other notification activity as needed


• Manage intercompany balances including cash settlement (including Fx impact), non-cash settlement, loans and interest calculation and recording (journal entry)


• Perform daily/monthly cash reconciliations, including research and resolving reconciling items


• Prepare weekly/monthly cash reporting and support the cash forecasting process as needed


• Perform monthly analysis of bank and merchant fee statements, including identifying and resolving discrepancies and service level adjustments


• Process disbursements on Treasury portal (positive pay, ACH, wires) and manage vendor templates, including verifying vendor bank accounting information


• Manage accounts payable team and process payments in accounting system as needed


• Monitor customer auto pay enrollment and merchant service processing; liaise with Contract Accounting team and Accounts Receivable team to resolve any issues or payment failures in a timely manner


• Oversee customer bank deposit and cash application and perform process as needed


• Ensure compliance with state abandoned property requirements, including monitoring unapplied cash receipts and past due amounts owed third parties and preparing filings, as needed


• Maintain credit risk assessment ratings on counterparties and perform credit risk assessments as needed


• Manage debt activity including calculations, recording and payments of debt principal, interest, swaps and preparation of borrowing notices, letter of credit requests and other filings as needed


• Assist with insurance policy renewal application requests as needed


• Support the Senior Vice President, Accounting and Director, Closing and External Reporting in documenting and maintaining policies for Treasury Operations


• Create and maintain Standard Operating Procedures


• Identify and implement process improvements


• Prepare schedules and provide information to support audits


• Ensure compliance with policies and internal controls


• Perform ad hoc projects and analysis

Who you are:

Education

• Bachelor’s degree in finance, accounting, or a related field

Experience

• 5+ years of experience in treasury and/or financial management


• Experience with treasury/banking platforms and related administration


• Experience with multi-currency environments and intercompany settlements

Key Knowledge & Skills

• Advanced Excel skills


• Excellent documentation, communication and analytical skills


• Experience with financial accounting systems (Sage Intacct a plus)


• Experience with journal entry and account reconciliation preparation


• Experience with accounts payable and cash application of receipts

Core Competencies

• Ability to prioritize, multi-task and ensure deadlines are met in a fast-paced, changing environment


• Eagerness to learn and ability work independently and as part of a team


• Ability to think critically and complete tasks with discretion, accuracy and attention to detail

Other Desirable Attributes

• N/A

Physical Requirements

• Lifting up to 10 lbs., sitting for extended, continuous periods of time, communicating via telephone

This job description is a general listing of the required tasks and expectations of the position and in no way implies that the duties listed above are the employee’s only responsibilities. The employee is expected to perform other tasks, responsibilities and training as instructed by their supervisors. Duties and responsibilities may change at any time with or without notice.

This position may require additional hours outside of the standard work schedule including occasional holiday, evening and/or weekend hours in order to meet deadlines or to accommodate customers.

LightBox and all its holding companies are an equal opportunity/affirmative action employer. It is the policy of the LightBox and its holding companies to prohibit discrimination of any type and to afford equal employment opportunities to employees and applicants, without regard to race, color, religion, sex, national origin, age, disability, or veteran status.                

NO TELEPHONE CALLS OR AGENCY SOLICITATION PLEASE.