Specialty1 Partners
Manager of Treasury
Specialty1 Partners, Houston, Texas, United States, 77246
Department is Finance
Reports to Senior Vice President of Finance
FLSA Status is exempt
Objective and Purpose:
The Manager of Treasury is responsible for overseeing the company's treasury operations, including cash management, liquidity planning, risk management, and financial forecasting. This role involves developing and implementing strategies to optimize the company's financial performance and ensure sufficient liquidity to meet operational needs. The Manager of Treasury will work closely with senior management to provide financial insights and support decision-making processes.
Responsibilities :
Oversee daily cash flow management and forecasting to ensure adequate liquidity.
Oversee the various banking and credit card accounts for company operations.
Manage banking relationships and negotiate banking services and fees.
Work to develop improved means of providing credit to our customers.
Identify, assess, and manage financial risks, including interest rate, currency, and commodity risks.
Assess and implement fraud prevention and protection plans
Reconcile cash to match the balance sheet
Ensure compliance with internal controls and regulatory requirements.
Collaborate with FP&A on financial forecasts, budgets, and variance reports.
Provide insights and recommendations to senior management based on financial analysis.
Manage treasury systems and ensure accurate and timely reporting.
Develop and maintain treasury policies and procedures.
Continuously improve treasury processes and systems for efficiency and effectiveness.
Lead and develop the treasury team, providing guidance and support.
Foster a collaborative and high-performance work environment.
Ensure the team stays updated on industry best practices and regulatory changes.
Collaborate with the accounting team during the monthly close process
Requirements :
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or CFA preferred.
At least 5-7 years of experience in treasury or a related finance role, with 2-3 years in a managerial position.
Strong understanding of cash management, liquidity planning, and risk management.
Proficient in financial modeling and analysis.
Experience with treasury management systems and financial software.
Excellent analytical, strategic thinking, and problem-solving skills.
Strong leadership and team management abilities.
Effective communication and interpersonal skills.
Ability to work in a fast-paced, dynamic environment.
Benefits:
BCBS High Deductible & PPO Medical insurance Options
VSP Vision Coverage
Principal PPO Dental Insurance
Complimentary Life Insurance Policy
Short-term & Long-Term Disability
Pet Insurance Coverage
401(k) Plan
HSA / FSA Account Access
Identity Theft Protection
Legal Services Package
Hospital/Accident/Critical Care Coverage
Paid Time Off
Diverse and Inclusive Work Environment
Strong culture of honesty and teamwork
Work Conditions:
Candidate must be able to work in office 4 days a week
Candidate must be able to travel as required for business needs.
Candidate must be able to lift up to 25 lbs as needed.
Candidate must be able to sit or stand for extended periods of time.
Salary: $90,000 to $100,000 / annum
Location: 1800 West Loop S., Suite 2000 Houston, TX 77027
Modality: In Person
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Reports to Senior Vice President of Finance
FLSA Status is exempt
Objective and Purpose:
The Manager of Treasury is responsible for overseeing the company's treasury operations, including cash management, liquidity planning, risk management, and financial forecasting. This role involves developing and implementing strategies to optimize the company's financial performance and ensure sufficient liquidity to meet operational needs. The Manager of Treasury will work closely with senior management to provide financial insights and support decision-making processes.
Responsibilities :
Oversee daily cash flow management and forecasting to ensure adequate liquidity.
Oversee the various banking and credit card accounts for company operations.
Manage banking relationships and negotiate banking services and fees.
Work to develop improved means of providing credit to our customers.
Identify, assess, and manage financial risks, including interest rate, currency, and commodity risks.
Assess and implement fraud prevention and protection plans
Reconcile cash to match the balance sheet
Ensure compliance with internal controls and regulatory requirements.
Collaborate with FP&A on financial forecasts, budgets, and variance reports.
Provide insights and recommendations to senior management based on financial analysis.
Manage treasury systems and ensure accurate and timely reporting.
Develop and maintain treasury policies and procedures.
Continuously improve treasury processes and systems for efficiency and effectiveness.
Lead and develop the treasury team, providing guidance and support.
Foster a collaborative and high-performance work environment.
Ensure the team stays updated on industry best practices and regulatory changes.
Collaborate with the accounting team during the monthly close process
Requirements :
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or CFA preferred.
At least 5-7 years of experience in treasury or a related finance role, with 2-3 years in a managerial position.
Strong understanding of cash management, liquidity planning, and risk management.
Proficient in financial modeling and analysis.
Experience with treasury management systems and financial software.
Excellent analytical, strategic thinking, and problem-solving skills.
Strong leadership and team management abilities.
Effective communication and interpersonal skills.
Ability to work in a fast-paced, dynamic environment.
Benefits:
BCBS High Deductible & PPO Medical insurance Options
VSP Vision Coverage
Principal PPO Dental Insurance
Complimentary Life Insurance Policy
Short-term & Long-Term Disability
Pet Insurance Coverage
401(k) Plan
HSA / FSA Account Access
Identity Theft Protection
Legal Services Package
Hospital/Accident/Critical Care Coverage
Paid Time Off
Diverse and Inclusive Work Environment
Strong culture of honesty and teamwork
Work Conditions:
Candidate must be able to work in office 4 days a week
Candidate must be able to travel as required for business needs.
Candidate must be able to lift up to 25 lbs as needed.
Candidate must be able to sit or stand for extended periods of time.
Salary: $90,000 to $100,000 / annum
Location: 1800 West Loop S., Suite 2000 Houston, TX 77027
Modality: In Person
#J-18808-Ljbffr