Treasury Specialist
Summary: This role is responsible for managing the company’s cash flow, liquidity, and financial risks by monitoring bank accounts, making investment decisions, managing debt, forecasting cash needs, and ensuring compliance with banking regulations.
This position requires strong attention to detail, a solid understanding of financial systems, and the ability to work collaboratively across departments to maintain financial stability and optimize capital usage. Key tasks include analyzing financial data, managing foreign exchange exposures, and implementing strategies to mitigate risk across various financial instruments.
Essential Duties and Responsibilities:
• Cash Management: Monitoring daily cash balances, forecasting future cash needs, managing bank accounts, and initiating wire transfers to ensure sufficient liquidity.
• Investment Management: Investing excess cash in appropriate financial instruments, managing investment portfolios, and monitoring market conditions to maximize returns.
• Debt Management: Manage debt obligations, including tracking maturities, and maintaining compliance with debt covenants.
• Foreign Exchange (FX) Risk Management: Identifying and monitoring currency fluctuations and executing foreign exchange (FX) transactions.
• Financial Reporting: Preparing and analyzing financial reports related to treasury activities, cash reporting and projections, including cash flow statements and balance sheet reconciliations for related accounts.
• Banking Relationship Management: Building and maintaining relationships with banks, negotiating banking fees, and ensuring smooth transaction processing.
• Risk Analysis: Identifying and assessing financial risks, including interest rate risk, credit risk, and liquidity risk.
• Compliance: Ensuring adherence to all relevant regulations and compliance requirements related to treasury activities.
Education and Experience:
• Associates or bachelor’s degree in Finance, Accounting, Economics, or related field (preferred), or equivalent industry experience in treasury, banking, or corporate finance.
• Strong understanding of cash management principles and financial instruments.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication skills and attention to detail.
• Knowledge of treasury management systems and software
• Knowledge of accounting principles and financial reporting
• Proficiency in financial modeling and analysis
• Understanding of financial markets and instruments
• Certification in treasury or finance (e.g., CTP, CFA Level I) preferred.
Additional Requirements:
• Company sponsored continuing education may be required.
• Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected.
We offer an excellent benefit package including health, dental, vision, life and disability insurance, 401(k) retirement, ESOP, profit sharing, paid vacation and holidays.
Posted on: April 22, 2025