Treasury Manager at ModivCare in Denver, Colorado

Posted in Banking 3 days ago.

Job Description:

Treasury Manager

The Treasury Manger 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, department, and audit standards to maximize the protection of the company's cash assets. Partners with the Director of Treasury to create the vision, strategy, and standards by which the Treasury department provides leadership and value to the organization. Manages all banking and card program needs.

Position(s) supervised: Treasury Analyst and Senior Treasury Analyst

Position reports to: Director of Treasury


  • Monitor and analyze the Company's daily cash position to cover cash commitments and coordinate/optimize the short-term borrowing or investments

  • Administer the ACH, ETF, and Card programs

  • Oversees preparation of daily, weekly, and monthly reports on the company cash position

  • Provides information in connection with the external and internal audits and monitors cash management activities to ensure compliance

  • Approve wire transactions and facilitate other credit line transactions

  • Develop, monitor and analyze bank fees including credit card and cash management expenses

  • Identify and recommend process improvements

  • Maintain positive banking relationships with depository banks

  • Work with Treasury management to maintain and rationalize the company's choice of key banks including the analysis of bank fee structures, services, relationships, credit levels and counterparty credit quality/exposure

  • Assist other departments (e.g., Audit, Accounting, finance with quarter-end and ad hoc information requests as needed)

  • Act as a Treasury liaison with the company's business units in setting up new banking accounts, services, and handling bank inquiries and related matters

  • Work with company's business units to prepare weekly cash forecasts and other cash and borrowing projection models; coordinates with teams to identify and mitigate forecasting variances

  • Support corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to Treasury transactions and entity structures

  • Work with FP&A on developing operating cash flow forecasts, enhance visibility into cash balances, optimize working capital and establish metrics/key performance indicators

  • Support special projects and acquisitions as assigned


  • Knowledge of the banking industry and technical knowledge of bank products

  • Ability to apply accounting, finance and treasury principles

  • Strong Excel skills required

  • Strong analytical and problem-solving skills

  • Attention to detail, demonstrated integrity and professionalism.

  • Ability to quickly understand complex transactions

  • Ability to multitask in fast paced environment

  • Effective planning and priority setting

  • Must be well-organized and detail oriented

  • Team work

  • Communication skills and interpersonal skills

  • Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements

  • Experience with financial and accounting reporting systems


  • Bachelor's degree in finance, accounting, economics or related field required

  • 5-8 years of corporate treasury experience

  • CTP preferred, but not required

  • CPA is a plus

We value our team members and realize the importance of benefits for you and your family.

ModivCare offers a comprehensive benefits package to include the following:

  • Medical, Dental, and Vision insurance

  • Employer Paid Basic Life Insurance and AD&D

  • Voluntary Life Insurance (Employee/Spouse/Child)

  • Health Care and Dependent Care Flexible Spending Accounts

  • Pre-Tax and Post --Tax Commuter and Parking Benefits

  • 401(k) Retirement Savings Plan with Company Match

  • Paid Time Off

  • Paid Parental Leave

  • Short-Term and Long-Term Disability

  • Tuition Reimbursement

  • Employee Discounts (retail, hotel, food, restaurants, car rental and much more!!)

Salary: $92,813 - 136,865/annually

Bonus eligible based upon individual and company performance.