Treasury Manager

JOB DESCRIPTION

Job Title: Treasury Manager
Location: Minneapolis, Minnesota
Salary: $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.
Requirements
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.