Nexus Water Group
Treasury Manager
Nexus Water Group, Sugar Land, Texas, United States, 77479
Nexus Water Group is a leading regulated water and wastewater utility serving more than 1.3 million people across 20 U.S. states and 2 Canadian provinces.
“Nexus” means connection. Through the essential water and wastewater services we deliver, we have a very personal connection to the people, businesses, and communities we serve. This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver vital, safe, and reliable service through over 670 water systems and 360 wastewater systems.
Position OverviewReporting to the Vice President of Treasury, the Treasury Manager will assist with the management and coordination of treasury services and day-to-day banking relations for Nexus Water Group and its Subsidiaries. Additionally, the Treasury Manager will help organize and drive various projects to drive efficiency in Treasury Operations. Goals include increased automation, increased depth of data analysis, adding structure where minimal processes exist, and improving overall management reporting. To drive such projects successfully, the Treasury Manager will be expected to have deep fundamental knowledge of Treasury functions. The Treasury Manager will also provide support and backup to the Treasury Analyst in the execution of daily Treasury duties.
What We Offer
401k Company Match:
100% of the first 6% of your eligible compensation contributed to the Plan
Vacation Accrual:
Starting at 3 weeks per year
Holidays:
10 company-paid holidays per year
Floating Time:
16 hours of paid floating time per year
Additional Benefit Plans
include Medical, Dental, Vision, Company-Paid Life Insurance and more
Training, Professional Certifications, and Education Allowance
What You'll DoCASH MANAGEMENT, CASH FORECASTING, BANK ACCOUNT ADMINISTRATIONDaily: Evaluate cash position in four cash pools and prepare revolver borrowing/paydown notices for three revolving credit facilities and three term loans.Daily: manage banking services and banking relations in US and Canada.Daily/Weekly: assist with weekly cash forecasting.Project: assist in drafting, scheduling and organizing a formal RFP process for the selection of a principal cash management bank.Project: assist with implementation of a recently acquired Treasury Management System (GTreasury).Project: develop FBAR reporting process.As needed: work with other departments on merger integration planning and execution.As needed: execute daily cash management tasks in the absence of the Treasury Analyst.
DEBT ADMINISTRATION and COMPLIANCEDaily/Monthly: Maintain all debt tracking and interest accrual reports. First in Excel; later in selected TMS.Monthly/Quarterly: Maintain shareholder reporting of debt activity in Chatham debt database.Execute quarterly debt compliance reporting.Assist with developing presentation decks to lenders.Assist in developing presentation materials and offering circulars to support debt issuances.Future Project: Finalize selection and implementation of a debt compliance software tool.
RATING AGENCY RELATIONSLearn rating agency methods of analysis.Calculate key rating agency credit metrics.Assist with developing presentation decks to rating agencies.
GENERALAssist with other Treasury projects as they arise.
EducationBachelor's Degree in Finance or Accounting
What You'll BringFive to ten years of experience in Corporate Treasury experience in a large company or middle market enterprise.
We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law.
We are an E-Verify participating employer.
Nearest Major Market:
Houston
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“Nexus” means connection. Through the essential water and wastewater services we deliver, we have a very personal connection to the people, businesses, and communities we serve. This is why our operations are locally led and managed. Every day, over 1,300 professionals deliver vital, safe, and reliable service through over 670 water systems and 360 wastewater systems.
Position OverviewReporting to the Vice President of Treasury, the Treasury Manager will assist with the management and coordination of treasury services and day-to-day banking relations for Nexus Water Group and its Subsidiaries. Additionally, the Treasury Manager will help organize and drive various projects to drive efficiency in Treasury Operations. Goals include increased automation, increased depth of data analysis, adding structure where minimal processes exist, and improving overall management reporting. To drive such projects successfully, the Treasury Manager will be expected to have deep fundamental knowledge of Treasury functions. The Treasury Manager will also provide support and backup to the Treasury Analyst in the execution of daily Treasury duties.
What We Offer
401k Company Match:
100% of the first 6% of your eligible compensation contributed to the Plan
Vacation Accrual:
Starting at 3 weeks per year
Holidays:
10 company-paid holidays per year
Floating Time:
16 hours of paid floating time per year
Additional Benefit Plans
include Medical, Dental, Vision, Company-Paid Life Insurance and more
Training, Professional Certifications, and Education Allowance
What You'll DoCASH MANAGEMENT, CASH FORECASTING, BANK ACCOUNT ADMINISTRATIONDaily: Evaluate cash position in four cash pools and prepare revolver borrowing/paydown notices for three revolving credit facilities and three term loans.Daily: manage banking services and banking relations in US and Canada.Daily/Weekly: assist with weekly cash forecasting.Project: assist in drafting, scheduling and organizing a formal RFP process for the selection of a principal cash management bank.Project: assist with implementation of a recently acquired Treasury Management System (GTreasury).Project: develop FBAR reporting process.As needed: work with other departments on merger integration planning and execution.As needed: execute daily cash management tasks in the absence of the Treasury Analyst.
DEBT ADMINISTRATION and COMPLIANCEDaily/Monthly: Maintain all debt tracking and interest accrual reports. First in Excel; later in selected TMS.Monthly/Quarterly: Maintain shareholder reporting of debt activity in Chatham debt database.Execute quarterly debt compliance reporting.Assist with developing presentation decks to lenders.Assist in developing presentation materials and offering circulars to support debt issuances.Future Project: Finalize selection and implementation of a debt compliance software tool.
RATING AGENCY RELATIONSLearn rating agency methods of analysis.Calculate key rating agency credit metrics.Assist with developing presentation decks to rating agencies.
GENERALAssist with other Treasury projects as they arise.
EducationBachelor's Degree in Finance or Accounting
What You'll BringFive to ten years of experience in Corporate Treasury experience in a large company or middle market enterprise.
We are a proud Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any characteristic or condition protected by Federal, state, or local law.
We are an E-Verify participating employer.
Nearest Major Market:
Houston
#J-18808-Ljbffr