Cash Manager POST NUMBER: 418784
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.
- 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
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.