LeMans Corporation
Treasury Manager
LeMans Corporation, Janesville, Wisconsin, United States, 53546
Who We Are
LeMans Corporation, the leading global distributor of motorcycle, snowmobile, ATV/UTV and personal watercraft parts and accessories headquartered in Janesville, Wisconsin has an immediate opening for a Treasury Manager.
LeMans Corporation promotes racing through its campaign WE SUPPORT THE SPORT, helping to drive consumers to dealerships, while entertaining its dealers through hospitalities at the events it sponsors. LeMans Corporation d/b/a Parts Unlimited and Drag Specialties sells to over 20,000 dealerships worldwide. We continue to expand our service territory with our sister companies, Parts Canada, and Parts Europe.
Overview
The Treasury Manager is responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the company’s cash flow forecast, identifying cost-saving and profit maximizing opportunities and ensuring compliance with company and audit standards to maximize the protection of the company’s cash assets. Manages all banking needs, including reconciliations, foreign currency positions, short-term borrowings and intercompany notes. This position will assist with capital structure, cash, debt, liquidity, financial risk management, and corporate banking relationships.
Essential Functions
Develops and supports treasury policies, procedures and controls
Designs and implements corporate finance strategies focused on capital structure and researches opportunities to lower weighted average cost of capital
Leads the treasury month-end close process including the review and accurate recording of weekly cash activity to the general ledger
Supervises maintenance and updates signatories on every global bank account
Oversees the monthly reconciliation of all company bank accounts
Daily cash positioning and reporting
Manages global cash management activities, including coordinating and troubleshooting day-to-day cash movements between accounts
Identifies opportunities and implements treasury-related business process improvements including multi-lateral netting and cash pool structures via in-house banking
Prepares, reviews and maintains compliance within the department; ensuring proper controls exist over cash receipts, disbursements and general treasury activities
Identifies opportunities for and supports global cash movements including documentation of intercompany loans
Maintains strong bank relationships while managing global banking structure
Monitors and oversees existing bank account services and signatories including bank account administration for opening, migrating and closing accounts
Serves as primary administrator on online banking platforms, FX, and other treasury platforms
Monitors FX exposures and develops recommendations to create natural currency hedges
Assists with development, maintenance and operations of other hedging activities including exposure gathering
Effectively works with and supports internal business partners including AR, AP, legal, tax and IT
Maintains strict confidentiality
Performs other duties and/or tasks as assigned
Required Qualifications and Education
Bachelor’s degree required
5-7 years of relevant experience in treasury, finance, accounting, or international banking is required
Advanced spreadsheet and modeling skills with the ability to analyze, interpret, and organize large quantities of data
Strong decision-making and problem-solving skills
Strong experience with bank reconciliations
Proven ability to turn through leadership and strategy into execution plans and results
Excellent written and verbal communication
Must be able to work with diverse, cross-functional teams across multiple geographies
CTP Preferred
Knowledge of banking systems and experience with wire and ACH templates are a plus
Physical Demands
Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions.
Must be able to sit for 7+ hours
Must be mobile within an office space to access file cabinets, office and/or computer equipment
Must be able to communicate verbally and written
Must be able to read from a screen
Benefits
Health Insurance
Vision Insurance
Dental Insurance
401(k)
Life Insurance
AD&D Insurance
Disability Insurance
Flexible Spending Account
Employee Assistance Program
Employee Discount
Paid Sick/Personal Time
Paid Vacation Time
Disclaimer
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
LeMans Corporation is an equal opportunity employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. LeMans Corporation will only employ those who are legally authorized to work in the United States for this opening.
This company participates in E-Verify
Notice to California Employees and Prospective Employeeshttps://downloads.lemansnet.com/docs/LeMans_CA_employee_privacy_policy.pdf
Job Type: Full-time
Pay: $90,000.00 - $120,000.00 per year
Work Location: In person
#J-18808-Ljbffr
LeMans Corporation, the leading global distributor of motorcycle, snowmobile, ATV/UTV and personal watercraft parts and accessories headquartered in Janesville, Wisconsin has an immediate opening for a Treasury Manager.
LeMans Corporation promotes racing through its campaign WE SUPPORT THE SPORT, helping to drive consumers to dealerships, while entertaining its dealers through hospitalities at the events it sponsors. LeMans Corporation d/b/a Parts Unlimited and Drag Specialties sells to over 20,000 dealerships worldwide. We continue to expand our service territory with our sister companies, Parts Canada, and Parts Europe.
Overview
The Treasury Manager is responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the company’s cash flow forecast, identifying cost-saving and profit maximizing opportunities and ensuring compliance with company and audit standards to maximize the protection of the company’s cash assets. Manages all banking needs, including reconciliations, foreign currency positions, short-term borrowings and intercompany notes. This position will assist with capital structure, cash, debt, liquidity, financial risk management, and corporate banking relationships.
Essential Functions
Develops and supports treasury policies, procedures and controls
Designs and implements corporate finance strategies focused on capital structure and researches opportunities to lower weighted average cost of capital
Leads the treasury month-end close process including the review and accurate recording of weekly cash activity to the general ledger
Supervises maintenance and updates signatories on every global bank account
Oversees the monthly reconciliation of all company bank accounts
Daily cash positioning and reporting
Manages global cash management activities, including coordinating and troubleshooting day-to-day cash movements between accounts
Identifies opportunities and implements treasury-related business process improvements including multi-lateral netting and cash pool structures via in-house banking
Prepares, reviews and maintains compliance within the department; ensuring proper controls exist over cash receipts, disbursements and general treasury activities
Identifies opportunities for and supports global cash movements including documentation of intercompany loans
Maintains strong bank relationships while managing global banking structure
Monitors and oversees existing bank account services and signatories including bank account administration for opening, migrating and closing accounts
Serves as primary administrator on online banking platforms, FX, and other treasury platforms
Monitors FX exposures and develops recommendations to create natural currency hedges
Assists with development, maintenance and operations of other hedging activities including exposure gathering
Effectively works with and supports internal business partners including AR, AP, legal, tax and IT
Maintains strict confidentiality
Performs other duties and/or tasks as assigned
Required Qualifications and Education
Bachelor’s degree required
5-7 years of relevant experience in treasury, finance, accounting, or international banking is required
Advanced spreadsheet and modeling skills with the ability to analyze, interpret, and organize large quantities of data
Strong decision-making and problem-solving skills
Strong experience with bank reconciliations
Proven ability to turn through leadership and strategy into execution plans and results
Excellent written and verbal communication
Must be able to work with diverse, cross-functional teams across multiple geographies
CTP Preferred
Knowledge of banking systems and experience with wire and ACH templates are a plus
Physical Demands
Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions.
Must be able to sit for 7+ hours
Must be mobile within an office space to access file cabinets, office and/or computer equipment
Must be able to communicate verbally and written
Must be able to read from a screen
Benefits
Health Insurance
Vision Insurance
Dental Insurance
401(k)
Life Insurance
AD&D Insurance
Disability Insurance
Flexible Spending Account
Employee Assistance Program
Employee Discount
Paid Sick/Personal Time
Paid Vacation Time
Disclaimer
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
LeMans Corporation is an equal opportunity employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. LeMans Corporation will only employ those who are legally authorized to work in the United States for this opening.
This company participates in E-Verify
Notice to California Employees and Prospective Employeeshttps://downloads.lemansnet.com/docs/LeMans_CA_employee_privacy_policy.pdf
Job Type: Full-time
Pay: $90,000.00 - $120,000.00 per year
Work Location: In person
#J-18808-Ljbffr