Beacon Resources, in partnership with a company specializing in architectural design products, seeks a Treasury Manager to join an exciting company near Beverly Hills on a direct hire basis.
Job – The hired Treasury Manager will be a point person for all treasury and cash management matters for the company’s operations. This is a sole contributor role. You will report to a Sr. VP of Accounting.
Job Site Status (remote/hybrid/onsite) – Our client allows 100% remote work but does want the hired professional to be available to travel to southern California for corporate meetings. The hired Treasury Manager must be vaccinated against COVID.
Culture/Environment – Strong, rooted core values in a company that treats employees like family. They have received numerous accolades for excellence in corporate culture. You will also enjoy fabulous discounts on their products.
Compensation/Benefits – Salary range starts at $130,000/year and increases depending on qualifications. You will be offered standard health insurance plans and 401(k) matching.
TREASURY MANAGER TASKS
Treasury – Transactional
- Manage all banking and lending relationships, including working with banks and other financial institutions to secure securitized loans and credit lines, and opening bank accounts
- Become the point person to represent the company before the company’s financial lenders
- Monitor cash balance daily
- Monitor Automated Clearing House (ACH) payments daily
- Approve all bank transfers and Accounts Payable (A/P) payments
· Forecast short and long-term cash flows
- Provide cash availability report to Senior Management
- Analyze all securitized loans and lines of credit to ensure timely payment of all required transactions
- Assist with tracking bond and equity offerings to better recommend to management on how to finance these offerings
- Work with banks and other financial institutions to secure securitized loans and credit lines
- Monitor credit lines and commercial paper programs to analyze borrowing patterns, repayments, and interest rate reset requests
- Negotiate all letters of credits to support all business units
- Issue all reports to signify company’s liquidity level
- Issue all reports to signify company’s interest payments and projected payments
Treasury – Compliance
- Work with internal and external auditors to provide accurate data for financial statements and to meet all relevant SOX 404 regulations
- Prepare compliance documents as required by debt agreements
- Ensure all treasury accounting functions are compliant with the company’s internal controls framework
Treasury – Operational
- Manage a team of accounting professionals in their daily cash management activities (processing wire transfers, monitor daily cash activities, and fund transfers)
General Ledger (G/L) Accounting
- Perform account reconciliations
- Input journal entries
- Assist in Month-End Closes
Miscellaneous
- Manage insurance renewals
- Manage business license registrations and renewals
- Accept any other ad-hoc duties
TREASURY MANAGER QUALIFICATIONS
Required
- At least six (6) years of work experience in corporate treasury experience
- Bachelor’s degree in Accounting, Finance, Business Administration, or another related field, or equivalent work experience
- Demonstrated ability to create cash management processes
- Intimate knowledge of banking cash management pro
- Cash management experience in a mid to large sized company with multi-site operations
Preferred
- A CPA
- Mix of public accounting and corporate accounting experience
- A Certified Treasury Professional (CTP) or Certified Cash Manager (CCM) designation
TREASURY MANAGER SKILLS
Required
Technical
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Proficient in Microsoft Excel (MS Excel)
- Proficient with a major ERP system
Interpersonal
- “Hands-on” mentality
- Strong organizational skills
- Impeccable ability to prioritize projects to meet tight deadlines
- Teamwork oriented
- Superb communication skills to present ideas before upper management
Preferred
Technical
- JD Edwards
For all inquiries, submit your resume in MS Word format to me. I will hold all inquiries in the strictest confidence.