Job Title: Treasury ManagerLocation: Minneapolis, MinnesotaSalary: $100-135K
Job Summary of the Treasury Manager: We are seeking an experienced Treasury Manager to oversee the organization’s cash position and ensure compliance with generally accepted accounting principles (GAAP) and any applicable debt covenants. The Treasury Manager is a critical role in the company. The Treasury Manager will report directly to the CFO, manage cash flows, and provide senior management with up-to-date reports on the organization’s financial position. This position will be instrumental in ensuring the company's liquidity and risk management strategies are executed effectively.
Job Responsibilities of the Treasury Manager: • Manage the receipt, banking, and safeguarding of company funds.• Determine the setup and maintenance requirements for bank accounts.• Maintain an in-depth understanding of and ensure compliance with all debt agreements.• Advise senior management on risk assessments, including company loans and liquidity.• Anticipate the company’s borrowing needs through regular preparation of estimated cash flows.• Oversee and maintain the financial systems and policies that govern the company's treasury activities, ensuring adequate and accurate record-keeping.• Establish a system to efficiently transfer funds both domestically and internationally in a tax-efficient manner.
Education & Experience of the Treasury Manager:• Bachelor’s degree in accounting or finance required.• 10+ years of finance-related experience, with at least 5 years specializing in Treasury functions.• Exceptional organizational skills for documentation and record-keeping.• Strong time management and prioritization skills.• Excellent understanding of finance with the ability to clearly communicate complex financial concepts.• High ethical standards with a proven track record of trustworthy operations.
