Torchora
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Key Responsibilities and Required Skills for Treasury Manager

💰 $110,000 - $165,000

FinanceTreasuryCorporate FinanceAccounting

🎯 Role Definition

The Treasury Manager is the central steward of the organization's financial liquidity and risk profile. This role is fundamentally responsible for safeguarding corporate assets by managing cash flow, debt, and investments, while mitigating financial risks such as interest rate and foreign currency fluctuations. Functioning as a strategic partner to senior leadership, the Treasury Manager ensures the company has the necessary capital to fund operations, meet obligations, and execute its long-term growth strategy, all while optimizing banking relationships and leveraging financial technology.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Senior Treasury Analyst
  • Corporate Financial Analyst (FP&A)
  • Senior Accountant with treasury exposure

Advancement To:

  • Director of Treasury
  • Assistant Treasurer
  • Vice President (VP) of Finance

Lateral Moves:

  • Controller
  • FP&A Manager
  • Risk Manager

Core Responsibilities

Primary Functions

  • Oversee daily corporate cash management and forecasting activities to ensure optimal liquidity and efficient utilization of cash across all domestic and international entities.
  • Develop and maintain a rolling 13-week cash flow forecast, collaborating with FP&A, Accounts Payable, and Accounts Receivable to gather inputs and refine model accuracy.
  • Manage the company's debt portfolio, including monitoring compliance with debt covenants, processing interest and principal payments, and preparing related reporting packages for lenders and internal stakeholders.
  • Execute foreign exchange (FX) spot and hedging transactions to mitigate currency risk associated with international operations and transactions, in line with corporate policy.
  • Administer corporate investment programs, ensuring adherence to the investment policy, evaluating investment performance, and recommending strategy adjustments based on market conditions.
  • Cultivate and manage strategic relationships with commercial and investment banking partners, leading regular reviews, negotiating fees, and resolving service issues.
  • Lead the evaluation, selection, and implementation of Treasury Management Systems (TMS) and other financial technologies to drive automation, improve controls, and enhance reporting capabilities.
  • Develop and implement comprehensive financial risk management policies and procedures, particularly concerning interest rate, foreign exchange, and counterparty credit risk.
  • Manage intercompany funding and cash repatriation processes, working closely with tax and legal departments to ensure tax-efficient and compliant movement of funds globally.
  • Oversee the administration of all corporate bank accounts, including opening, closing, and modifying accounts, as well as managing signatory rights and online banking user access.
  • Support capital markets activities, including debt financing, refinancing, and equity transactions, by preparing analysis, supporting due diligence, and coordinating with external partners.
  • Analyze and manage bank fees across the global banking structure, identifying opportunities for cost savings and service optimization through regular analysis and negotiation.
  • Develop and maintain robust internal controls for all treasury processes to ensure compliance with Sarbanes-Oxley (SOX) requirements and internal audit standards.
  • Prepare and present detailed treasury reports and dashboards for senior management and the Board of Directors, providing insights into cash position, debt, investments, and risk exposures.
  • Act as the primary administrator for letters of credit, bank guarantees, and other trade finance instruments, managing their issuance, amendment, and expiration.
  • Monitor global financial markets and economic trends to assess their potential impact on the company's liquidity, investments, and risk profile, providing proactive recommendations.
  • Manage the corporate credit card and commercial card programs, overseeing provider relationships, optimizing program benefits, and ensuring policy compliance.
  • Partner with the accounting team to ensure all treasury-related transactions are recorded accurately and in a timely manner for month-end close.
  • Lead and mentor a team of treasury analysts, fostering their professional development and ensuring high performance in daily treasury operations.
  • Drive continuous process improvement initiatives within the treasury function to increase efficiency, reduce costs, and enhance the control environment.
  • Support merger and acquisition (M&A) activities by performing treasury due diligence on target companies and leading the integration of their treasury functions post-acquisition.

Secondary Functions

  • Support the annual insurance renewal process by providing necessary financial data and exposure analysis.
  • Collaborate with the FP&A team on long-range financial planning and budgeting, providing key inputs on interest expense, interest income, and other treasury-related items.
  • Assist in the preparation of financial disclosures for SEC filings (10-K, 10-Q) related to debt, investments, derivatives, and fair value.
  • Serve as a subject matter expert on treasury topics for special projects and cross-functional initiatives across the organization.

Required Skills & Competencies

Hard Skills (Technical)

  • Proficiency with Treasury Management Systems (TMS) like Kyriba, SAP S/4HANA Treasury, or FIS.
  • Advanced financial modeling, including the development of complex, multi-entity cash flow forecasting models.
  • Expertise in managing financial risks, including foreign exchange (FX) and interest rate hedging strategies and instruments.
  • In-depth knowledge of debt instruments, capital markets, and covenant compliance analysis.
  • Strong understanding of global payment systems (e.g., SWIFT, Fedwire, ACH) and banking products.
  • Bank relationship management and negotiation of banking services and fee structures.
  • Knowledge of U.S. GAAP and IFRS accounting standards related to financial instruments, derivatives, and hedging.
  • Advanced proficiency in Microsoft Excel (including Power Query, complex formulas, and macros) and PowerPoint.
  • Experience with financial information platforms such as Bloomberg Terminal, Reuters Eikon, or FactSet.
  • Understanding of internal controls frameworks (e.g., SOX) as they apply to treasury operations.

Soft Skills

  • Exceptional analytical and quantitative problem-solving skills.
  • Strong strategic thinking with the ability to see the bigger picture and its financial implications.
  • Meticulous attention to detail and a high degree of accuracy.
  • Excellent written and verbal communication skills, with the ability to present complex financial information clearly to senior leadership.
  • Proven negotiation and influencing skills, particularly with external banking partners.
  • Leadership capabilities with experience in mentoring and developing team members.
  • High level of integrity, ethics, and dependability with a strong sense of urgency.
  • Effective stakeholder management and ability to collaborate across different functions and levels of the organization.

Education & Experience

Educational Background

Minimum Education:

  • Bachelor's Degree

Preferred Education:

  • Master's in Business Administration (MBA) or a related field.

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics

Experience Requirements

Typical Experience Range:

  • 7-10 years of progressive experience within a corporate treasury function, financial services, or related banking role.

Preferred:

  • Certified Treasury Professional (CTP) designation is highly valued. Experience within a complex, multinational public company environment is strongly preferred.
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