Senior Manager, Treasury

• Location: Irving, Texas
• Type: Dallas:Fin/Acct/HR:Direct Hire
• Job #9976

Senior Manager, Treasury 9976
Role:
Our client is looking for a dynamic, action-oriented Senior Treasury Manager to partner with the treasurer and CFO to own and significantly elevate several critical aspects of our treasury organization. This leader will own all aspects of our debt compliance and monitoring program, and will also play a critical role in planning, forecasting, analyzing and managing the cash resources and liquidity of the North America business. While this role is a critical leader on the North America finance team, due to the size of the North America business, this role is also a critical component to the global treasury function and will have significant exposure to our PE sponsor and global treasury team. This position reports to the Senior Director of Treasury, will partner closely with and influence multiple departments across the business, and importantly, will be a key influencer and decision maker when it comes to managing and preserving the company’s cash and liquidity.
Responsibilities:

• Formalize and professionalize the company’s debt compliance and monitoring processes, including formalizing and documenting processes, timelines and responsibilities, preparing and delivering compliance reporting to financing partners, forecasting the company’s compliance with financial covenants, and addressing questions and follow ups from financing partners
• Own the daily delivery of obligations on the company’s debt including payment of interest and fees, lease payments on the company’s fleet lease facility, addition of new fleet assets on the company’s fleet lease facility, etc.
• Oversee and own the rolling 13-week cash flow forecast process and the daily cash flow forecast process connected to it, leveraging the team and process already in place to further elevate and improve the process itself and our collective understanding and command of assumptions and deviations from forecast
• Actively forecast and manage the company’s cash and liquidity, including advising the treasurer and CFO on significant, impactful decisions regarding availability of cash and management of working capital which impact both the North America business and the global business as a whole.
• Other ad hoc duties as needed, such as:
  • Assist other members of the treasury team and other departments with managing the company’s portfolio of letters of credit as needed
  • Support the execution of financing and working capital improvement plans
  • Prepare presentations for executives, lenders, relevant 3rd parties, etc., for special topics and events
  • Support special projects and other duties as assigned

Requirements:

• Bachelor’s degree in Finance, Accounting, or equivalent quantitative business discipline required, MBA or similar quantitative business discipline preferred
• Certified Treasury Professional (CTP) or other similar quantitative business certification preferred
• 5 plus years of experience in Corporate Treasury, with strong experience in cash forecasting and debt financial covenant compliance reporting
• Demonstrated experience owning and delivering debt financial covenant reporting and forecasting including EBITDA and coverage ratios; experience with ABL compliance is a strong plus
• Demonstrated experience owning, building, improving, delivering, and presenting 13-week and daily cash forecast models
• Strong orientation toward being in the details of financial models, bank activity, financial statements, etc., with the ability to come up and summarize the key messages.
• Experience in a company with multiple legal entities required; multinational company preferred; experience in a PE-backed company preferred
• Strong analytical skills with attention to detail, focus on accuracy, and advanced spreadsheet and financial modeling capabilities required
• Strong orientation to action, driver of change, and eagerness to learn and continuously improve processes
• Excellent communication and presentation skills, including the ability to translate complex assumptions and analytics into executive-level messages

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