Treasury Manager POST NUMBER: 419558
Position Overview:
The Treasury Manager will be responsible for managing the company's treasury functions, including accounts payable (AP), accounts receivable (AR), and banking relationships. This role requires a strategic thinker with strong leadership skills to oversee a team of four full-time employees. The ideal candidate will possess deep expertise in treasury management, financial controls, and effective communication skills to work closely with senior management and external banking partners.
Key Responsibilities:
Accounts Payable & Receivable Management:
- Oversee and optimize the accounts payable and receivable functions to ensure timely and accurate processing of invoices and collections.
- Implement and enforce policies and procedures to enhance efficiency, accuracy, and compliance.
- Collaborate with other departments to resolve discrepancies and ensure smooth financial operations.
Banking Relationships:
- Manage and maintain relationships with banking partners, including negotiating terms, fees, and services.
- Monitor and analyze banking transactions and statements to ensure accuracy and compliance with company policies.
- Optimize cash management practices to maximize liquidity and minimize banking costs.
Cash Flow Management:
- Develop and execute cash flow forecasting models to ensure adequate liquidity for operational and strategic needs.
- Monitor cash flow trends and recommend strategies to address any cash flow challenges.
Team Leadership:
- Supervise and mentor a team of four finance professionals, providing guidance, training, and performance evaluations.
- Foster a collaborative and productive work environment, encouraging professional development and continuous improvement.
Financial Reporting & Analysis:
- Prepare and present regular reports on cash flow, banking activities, and treasury performance to senior management.
- Analyze financial data and trends to provide insights and recommendations for optimizing treasury operations.
Compliance & Risk Management:
- Ensure compliance with relevant financial regulations, internal controls, and company policies.
- Identify and manage financial risks associated with treasury operations, including fraud prevention and cybersecurity measures.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. CPA, CMA, or MBA is a plus.
- Minimum of 57 years of experience in treasury management, with a strong background in accounts payable, accounts receivable, and banking relationships.
- Proven experience in leading and managing a team in a corporate finance environment.
- Strong analytical skills with the ability to interpret financial data and make strategic recommendations.
- Excellent communication and interpersonal skills, with the ability to interact effectively with senior management, team members, and external partners.
- Proficiency in financial software and Microsoft Office Suite (Excel, Word, PowerPoint).
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.