Job Summary: The Treasury Manager is responsible for overseeing the organization's treasury functions, including treasury operations, derivatives, risk management, and merchant processing. This role ensures effective management of the company's cash flow, investments, and financial risk to optimize financial performance and liquidity. The Treasury Manager will work closely with various departments to align financial strategies with corporate objectives.
Key Responsibilities:
Treasury Operations:
Manage daily treasury operations, including cash flow forecasting, liquidity management, and banking relationships.
Oversee cash positioning and movement, ensuring adequate funds are available for operational needs and strategic initiatives.
Monitor and manage the company's bank accounts and ensure optimal use of banking services.
Derivatives:
Develop and implement strategies for using derivatives to hedge financial risks related to interest rates, foreign exchange, and commodities.
Monitor and evaluate the performance of derivative instruments and their impact on the company's financial position.
Ensure compliance with regulatory requirements and internal policies related to derivative transactions.
Risk Management:
Identify, assess, and mitigate financial risks associated with the company's operations and strategic initiatives.
Develop and maintain risk management policies and procedures.
Conduct regular risk assessments and scenario analyses to support decision-making processes.
Merchant Processing:
Oversee the company's merchant processing activities, including the selection and management of payment processors.
Ensure efficient and secure processing of customer payments and settlements.
Monitor transaction costs and implement strategies to optimize merchant processing fees.
Qualifications:
Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or CPA preferred.
Minimum of 7 years of experience in treasury management, with a focus on treasury operations, derivatives, risk management, and merchant processing.
Strong understanding of financial markets, instruments, and regulatory requirements.
Proficiency in treasury management systems and financial modeling software.
Excellent analytical, problem-solving, and decision-making skills.
Strong communication and interpersonal skills to interact effectively with internal and external stakeholders.
Skills and Competencies:
In-depth knowledge of treasury functions and financial risk management.
Experience with cash management, banking relationships, and investment strategies.
Ability to develop and implement effective hedging strategies using derivatives.
Strong understanding of payment processing systems and merchant services.
Proficiency in financial analysis and reporting.
Detail-oriented with strong organizational and time management skills.