Company
Large manufacturing company is looking for a Cash Manager to build and maintain relationships with banks, and oversee AP, AR and general financial functions. This is a great opportunity to join a stable organization that has a brand new, beautiful office! If environment and team are important to you, this might be the right place :).
Responsibilities Treasury
Oversee daily management of cash, debt, and financing activities.
Forecast daily cash position and predict cash requirements through financial analysis.
Liaise with banks to address account issues and develop strategies to optimize cash position.
Maintain integrity and accuracy in financial transactions and reports.
Follow standard procedures to improve efficiency in cash collections, disbursements, and reporting.
Develop financial reports to assist management in decision-making and ensure confidentiality of financial records.
Financial Management
Supervise cash management and plan cash flow processes.
Cultivate strong relationships with banks, vendors, customers, and business partners.
Apply forward-looking models and activity-based analyses for financial insights into organizational plans and budgets.
Act as the company's representative to banks, financial partners, auditors, and officials, staying current on audit practices and laws.
Oversee daily treasury operations, including credit, collections, and accounts payable, and authorize significant financial transactions.
Negotiate favorable terms with customers and vendors, and manage bank security administration.
Credit & Collections
Communicate daily with team members and collaborate with the Commercial Group on customer-related issues, ensuring timely collection of funds and minimizing bad debt risks.
Analyze customer information, including third-party reports, to determine appropriate credit levels and provide senior management with updates on aging receivables.
Monitor and report the status of tasks to senior management, ensuring efficient communication and risk management.
AP
Ensure timely entry of invoices and payments to vendors, support business operations, and meet regulatory requirements while communicating daily with team members on task status.
Collaborate with Supply Chain and Procurement to address vendor-related issues efficiently.
Insurance
Ensure adequate insurance coverage to support business needs, provide assistance for insurance-related requests from internal and external parties, and collaborate with Group Insurance on annual renewals.
Contract Review
Conduct financial reviews of contracts for customers and vendors to meet business needs, collaborating closely with Legal, Commercial, and Procurement teams.
Requirements BS in Finance or Accounting - MBA or MA a nice to have
10+ years of experience, including 3-4 managing others
CPA nice to have
Experience using SAP
Analytical, organized and highly communicative and able to prioritize time/tasks