Job Treasury Manager, 100% REMOTE in Don Mills

Treasury Manager, 100% REMOTE

Don Mills
Job description
About the Company
Our client is an industry leading professional services company in the relocation and move services. They are looking for a Treasury Manager who will be responsible for managing FX risks from legal entities in 11 different functional currencies, and work with banks and bank accounts across the globe in multiple time zones.

Why Work Here
  • Fantastic broad role with exposure to international, US, tax planning, and some analysis/projects
  • Excellent boss
  • Opportunities for growth and learning in this role and beyond.
  • Work from Home
  • Good work/life balance

About the Opportunity
Cash & Liquidity Management (50-75%):
  • Manage approximately 100 bank accounts in over a dozen currencies in different countries
  • Compile, review and forecast daily cash positions and daily cash requirements of the global operations ensuring all necessary funding is achieved in a timely manner
  • Understand the various country banking and regulatory requirements of a global organization with bank accounts in 14 different countries and currencies around the world.
  • Open and close bank accounts around the globe and maintain the signing officer records
  • Bank relationship management
  • Monitor and respond to day-to-day banking service requests and investigations
  • Monitor bank fees
  • Maintaining and track movement of global funds including the management of multi-currency notional pooling system
  • Complete Monthly Transfer Pricing funding of foreign affiliates
  • Support Corporate reporting and quarterly audits
  • Work closely with Operations and Corporate AP approving payments, transfers and immediate funding needs of our customers (the employees of our clients)
Foreign Exchange Trading and Hedging:
  • Convert currencies at the most effective rates to support cash & liquidity needs. Consult the Director of Treasury, Tax and Accounting as necessary to understand FX hedging impacts prior to actioning any FX Spot deal
  • Develop hedging strategies to manage our companies non-functional balance sheet exposures
Debt and Funding:
  • Predict and forecast the cash requirements on a legal entity and on a currency basis and co-ordinate with the Director of Treasury, Tax and Accounting to assess Tax and FX hedging implications prior to actioning any plans
  • Prepare borrowing requests on credit facility when necessary
  • Co-ordinate with Tax on intercompany funding if appropriate
  • Work with Accounting on the appropriate bank covenant reporting
Credit:
  • Oversee the preparation of weekly AR reports and aging analysis and lead weekly AR calls
  • Oversee the preparation of client credit reviews for RFP’s or contract renewals to be discussed with the Director and VP of Treasury and FP&A
  • Oversee the quarterly credit reviews of existing clients
  • Working with Global Sales, Legal, Operations, Tax and Pricing in RFP’s and design billing structures that best meets our clients needs while reducing risk (credit risk, withholding tax risk, FX risk, interest risk) and P&L impacts to
Administration and Controls:
  • Primary online bank administrator
  • Ensure internal controls (SOX) procedures are adhered to
  • Assist in the management of banking related costs and consolidation of banking services, bank accounts and online bank administration
Other:
  • Work with Tax on cash repatriation initiatives from foreign entities with excess cash
  • Working with other functional areas to drive working capital management efficiencies and improvements to the forecast process
People Management:
  • People Management responsibility which includes hiring, setting and monitoring individual performance objectives, performance appraisal process, and providing regular feedback and coaching
Other ad-hoc financial analysis and projects including but not limited to:
  • Assist in preparing month-end and quarter-end management reporting and analysis
  • Support process improvement projects as required
  • Participate in ongoing financing and refinancing activities as required

About You
  • Accounting and/or CTP designated (or near completion)
  • 7+ years of Treasury (Cash Management) experience in a multinational global organization with responsibilities including online bank administration, opening and closing bank accounts in a global setting, cashflow forecasting and funding foreign entities daily operating needs.
  • 3 years of previous People Management experience

Salary Range
$110,000 - $120,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote # 345365.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.


Apply Job
Job Treasury Manager, 100% REMOTE in Don Mills

Vaco Lannick

Don Mills