Alsco External
Treasury Manager
Alsco External, Salt Lake City, Utah, United States, 84193
Classification:
Exempt
Job Summary:
The Alsco Uniforms' Treasury Manager works in the General Office in Salt Lake City, Utah and manages the Company's financial resources. This includes overseeing General Office daily cash functions, supporting decentralized branch cash activity, maintaining banking relationships, and monitoring global cash management policies. The Treasury Manager is responsible for developing, maintaining, enforcing, and improving policies and procedures to meet corporate objectives, needs, and regulatory requirements. This position reports to the Corporate Controller / Treasurer.
About Us:
We are Alsco Uniforms. We've been working hard for our customers since 1889 when we invented the uniform and linen rental industry. Alsco Uniforms has grown into a worldwide leader serving over 350,000 customers in 13 countries. It's our job every day to make every aspect of the customer experience better. Whatever our customers need, Alsco Uniforms finds the answers that work for them.
Our employees are the heart and soul of Alsco Uniforms. As a result, we have a long history of strong financial performance, continuous improvement, and customer service. We're seeking driven professionals with ambition to grow within our company. We'd love to talk to you about how you can fit into our team of diverse individuals and how your hard work will be rewarded with competitive pay and benefits and ongoing career development.
Join our team and build your career with Alsco Uniforms!
Our full-time employees enjoy:
401K Plan with Company MatchMedical, Dental, Vision, FSA/HSALife Insurance, Disability InsuranceVacation, Sick Time, HolidaysChoice of Global Cash Card or Direct DepositCareer AdvancementLearning & Development OpportunitiesInclusive and Diverse Team EnvironmentEssential Functions:
Manage daily functions of treasury, including cash position monitoring, bank account management, managing fraud controls, and preparing wire transactionsMaintain and supervise training to users of banking and card merchant productsUpdate and maintain lists of bank account user access entitlements and manage signing authority for more than 100 accounts and 300 usersPrepare and maintain cash flow forecasts for senior managementManage banking equipment, desktop scanners, and POS devices in North AmericaMaintain and supervise centralized customer payment processes, credit card processing procedures, and surcharge programsSupervise policies and procedures for PCI Compliance standards for merchant card servicesManage debt portfolio, including debt compliance, covenant monitoring, and incremental borrowing activityProvide excellent customer service to local branch teamsRecommend and maintain cash management policies for the General Office and local branchesRecommend and maintain investment policy and manage excess cash in accordance with policySupport Controller/Treasurer in developing and maintaining bank relationships and wallet shareManage working relationships with treasury and banking partners across North AmericaSupervise branch transfers and schedules for intercompany bank transactions, including recommending intercompany borrowing ratesSupervise bank account and fee analysisCoordinate with Controller/Treasurer and Internal Legal with KYC and compliance mattersEvaluate and recommend advanced treasury products and solutions (TMS system)Recommend global treasury management policies and proceduresCoordinate with Controller/Treasurer and IT to maximize security and efficiencyWork with Controller/Treasurer to improve processes and controlsDevelop treasury team members and empower branch personnel to manage local cash activitySupport global treasury teams and lead effort to maximize global collaborationQualifications:
Ability to maintain confidentiality and excellent interpersonal communication skillsKnowledge of accounting software and ability to quickly learn company softwareExperience with online banking systems such as Wells Fargo Vantage and JP Morgan's AccessExcellent organizational skills, ability to multitask, and critically think on mattersGood accounting knowledge, including foreign exchange transactions and investmentsUnderstands banking products, services, concepts and processesProficient in Microsoft Office SuiteAttention to detail and dependable on tasks assignedAbility to delegate tasks frequentlyAdaptability to manage change and embrace technologyTypical Physical Activity:
Sitting, grasping, stooping, lifting up to 25 lbs., standing, walking, writing, speaking, and hearing.Must perform the essential duties and responsibilities with or without reasonable accommodation efficiently and accurately.Typical Environmental Conditions:
Indoor office environment.Travel Requirements:
Up to two weeks per year for branch visits, training, and personal development.Required Education and Experience:
Certified Treasury Professional designation preferredBachelor's (Master's preferred) degree required in finance, accounting, or business administration7 years' experience in related field(s) preferred5 years' supervisory experience preferredExperience in corporate banking, web portals, and fraud control products
For a general description of benefits that are being offered for this position, please visit alsco.com/benefits.
Alsco is an Affirmative Action/Equal Employment Opportunity Employer. At Alsco, diversity is the fabric of our success. As a family-owned and operated company, we prioritize future generations, making our commitment to inclusivity more than just a strategy for growth-it is about creating a workplace where everyone feels valued and empowered. Embracing diversity strengthens our company, enhances customer service, and builds a legacy of inclusivity, aligning with our vision to be the first choice in uniform, healthcare, linen, and facility services.
Revised: 11/8/2024
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Exempt
Job Summary:
The Alsco Uniforms' Treasury Manager works in the General Office in Salt Lake City, Utah and manages the Company's financial resources. This includes overseeing General Office daily cash functions, supporting decentralized branch cash activity, maintaining banking relationships, and monitoring global cash management policies. The Treasury Manager is responsible for developing, maintaining, enforcing, and improving policies and procedures to meet corporate objectives, needs, and regulatory requirements. This position reports to the Corporate Controller / Treasurer.
About Us:
We are Alsco Uniforms. We've been working hard for our customers since 1889 when we invented the uniform and linen rental industry. Alsco Uniforms has grown into a worldwide leader serving over 350,000 customers in 13 countries. It's our job every day to make every aspect of the customer experience better. Whatever our customers need, Alsco Uniforms finds the answers that work for them.
Our employees are the heart and soul of Alsco Uniforms. As a result, we have a long history of strong financial performance, continuous improvement, and customer service. We're seeking driven professionals with ambition to grow within our company. We'd love to talk to you about how you can fit into our team of diverse individuals and how your hard work will be rewarded with competitive pay and benefits and ongoing career development.
Join our team and build your career with Alsco Uniforms!
Our full-time employees enjoy:
401K Plan with Company MatchMedical, Dental, Vision, FSA/HSALife Insurance, Disability InsuranceVacation, Sick Time, HolidaysChoice of Global Cash Card or Direct DepositCareer AdvancementLearning & Development OpportunitiesInclusive and Diverse Team EnvironmentEssential Functions:
Manage daily functions of treasury, including cash position monitoring, bank account management, managing fraud controls, and preparing wire transactionsMaintain and supervise training to users of banking and card merchant productsUpdate and maintain lists of bank account user access entitlements and manage signing authority for more than 100 accounts and 300 usersPrepare and maintain cash flow forecasts for senior managementManage banking equipment, desktop scanners, and POS devices in North AmericaMaintain and supervise centralized customer payment processes, credit card processing procedures, and surcharge programsSupervise policies and procedures for PCI Compliance standards for merchant card servicesManage debt portfolio, including debt compliance, covenant monitoring, and incremental borrowing activityProvide excellent customer service to local branch teamsRecommend and maintain cash management policies for the General Office and local branchesRecommend and maintain investment policy and manage excess cash in accordance with policySupport Controller/Treasurer in developing and maintaining bank relationships and wallet shareManage working relationships with treasury and banking partners across North AmericaSupervise branch transfers and schedules for intercompany bank transactions, including recommending intercompany borrowing ratesSupervise bank account and fee analysisCoordinate with Controller/Treasurer and Internal Legal with KYC and compliance mattersEvaluate and recommend advanced treasury products and solutions (TMS system)Recommend global treasury management policies and proceduresCoordinate with Controller/Treasurer and IT to maximize security and efficiencyWork with Controller/Treasurer to improve processes and controlsDevelop treasury team members and empower branch personnel to manage local cash activitySupport global treasury teams and lead effort to maximize global collaborationQualifications:
Ability to maintain confidentiality and excellent interpersonal communication skillsKnowledge of accounting software and ability to quickly learn company softwareExperience with online banking systems such as Wells Fargo Vantage and JP Morgan's AccessExcellent organizational skills, ability to multitask, and critically think on mattersGood accounting knowledge, including foreign exchange transactions and investmentsUnderstands banking products, services, concepts and processesProficient in Microsoft Office SuiteAttention to detail and dependable on tasks assignedAbility to delegate tasks frequentlyAdaptability to manage change and embrace technologyTypical Physical Activity:
Sitting, grasping, stooping, lifting up to 25 lbs., standing, walking, writing, speaking, and hearing.Must perform the essential duties and responsibilities with or without reasonable accommodation efficiently and accurately.Typical Environmental Conditions:
Indoor office environment.Travel Requirements:
Up to two weeks per year for branch visits, training, and personal development.Required Education and Experience:
Certified Treasury Professional designation preferredBachelor's (Master's preferred) degree required in finance, accounting, or business administration7 years' experience in related field(s) preferred5 years' supervisory experience preferredExperience in corporate banking, web portals, and fraud control products
For a general description of benefits that are being offered for this position, please visit alsco.com/benefits.
Alsco is an Affirmative Action/Equal Employment Opportunity Employer. At Alsco, diversity is the fabric of our success. As a family-owned and operated company, we prioritize future generations, making our commitment to inclusivity more than just a strategy for growth-it is about creating a workplace where everyone feels valued and empowered. Embracing diversity strengthens our company, enhances customer service, and builds a legacy of inclusivity, aligning with our vision to be the first choice in uniform, healthcare, linen, and facility services.
Revised: 11/8/2024
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)