Treasury Manager

*"This role will be based in our Norwood, MAoffice and will follow our Hybrid Work Schedule**

💰 Pay Range: $115,000.00 - $140,000.00 annually (based on experience and qualifications)

OVERVIEW OF ROLE:

We are looking for a strong Treasury Manager who will play a critical role in managing the company’s liquidity, cash flow, banking relationships, debt obligations, and treasury-related processes. The ideal candidate will have a strong accounting foundation, excellent attention to detail, and the ability to independently manage complex processes. This individual should be highly organized, technology savvy, and comfortable working with large volumes of financial data across multiple systems. We are looking for a self-motivated professional who takes ownership of responsibilities, identifies issues and opportunities, can effectively manage competing priorities, and collaborates well with internal and external stakeholders in a fast-paced environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Prepare, maintain, and regularly update the company’s 13-week cash flow projection, incorporating expected receipts, disbursements, operating requirements, debt activity, and other significant cash movements.
• Monitor daily cash balances and liquidity across bank accounts and ensure sufficient funds are available to meet the company’s operating and financing obligations.
• Post cash entries, perform cash reconciliations, and investigate and resolve discrepancies between bank activity, cash records, and the general ledger.
• Manage loan repayment and borrowing activities, including coordinating funding requirements, repayments, and related documentation with lenders and internal stakeholders.
• Support the financing and refinancing of term loans, mortgages, and equipment financing for the business and its affiliates, including coordinating with lenders and internal stakeholders and maintaining related documentation.
• Prepare and maintain borrowing base reports and supporting schedules in accordance with lender requirements.
• Prepare monthly or quarterly covenant compliance certificates and supporting schedules in accordance with applicable lender requirements.
• Monitor debt balances, borrowing availability, repayment schedules, and compliance with applicable lending requirements.
• Track interest expense, including actual results, accruals, debt activity, and interest rate changes, and prepare interest expense projections for financial planning and forecasting purposes.
• Maintain accurate schedules for outstanding borrowings, interest expense, and other financing-related activities.
• Partner with Corporate Accounting and FP&A to ensure treasury activity is accurately reflected in the company’s financial reporting, forecasts, and cash flow projections.
• Facilitate state tax return preparation and filing processes in coordination with outside accountants, including gathering information, reviewing supporting schedules, and responding to questions and requests.
• Lead and coordinate business use tax filings and related compliance requirements.
• Maintain organized documentation and supporting schedules for treasury, debt, tax, and cash management activities.
• Identify opportunities to improve treasury processes, reporting, controls, and efficiency through technology and automation.
• Develop and maintain financial models, reports, and analyses to support cash management, liquidity planning, borrowing decisions, and other treasury activities.
• Perform other duties and ad hoc analysis as assigned.

EDUCATION AND/OR EXPERIENCE: 

• Bachelor’s degree in accounting or a related field required; BS in accounting strongly preferred.
• 5+ years of accounting, treasury, finance, or related experience, with experience in cash management, debt, banking, or treasury operations required.
• Strong understanding of accounting principles and financial statement concepts, with the ability to understand how treasury activities flow through the financial statements.
• Demonstrated experience with cash flow forecasting, cash reconciliation, debt management, borrowing, or related financial processes.
• Strong attention to detail and a high level of accuracy when working with financial data, reconciliations, schedules, and reporting.
• Highly organized with the ability to manage complicated, interconnected processes independently and meet deadlines with minimal supervision.
• Self-starter with the ability to take ownership, identify issues, follow through on resolutions, and drive projects forward.
• Technology savvy, with the ability to learn and effectively use financial systems, banking platforms, reporting tools, and other technology.
• Advanced proficiency in Microsoft Excel and Microsoft Office applications.
• Experience with Microsoft Dynamics D365 is a strong plus.
• Strong analytical and problem-solving skills, with the ability to investigate discrepancies and develop practical solutions.
• Excellent communication and collaboration skills, with the ability to work effectively with Finance, Accounting, FP&A, Operations, external accountants, banks, and lenders.
• Ability to manage multiple priorities and work effectively in a fast-paced environment while maintaining a high level of accuracy.
• Demonstrates a strong work ethic, reliability, sound judgment, and consistent follow-through.
• Ability to balance hands-on execution with a broader understanding of the company’s liquidity, financing, and financial objectives.
• Prior experience with borrowing base reporting, lender reporting, state tax compliance, or business use tax is a strong plus.