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
ESSENTIAL FUNCTIONS
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, SKILLS & ABILITIES
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
Qualifications
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.