Treasury Manager

Job Summary:

The Treasury Manager will be a key contributor to the financial health and stability of the company by supporting the Treasurer with policies, procedures, and implementation of effective controls for all treasury functions, daily liquidity and cash management, T&E corporate card administration, risk management, and treasury accounting for the organization.

Job Duties:

• Oversees daily cash blow and liquidity to ensure the company meets its operational and strategic obligations
• Develops and maintains short-term and long-term cash flow forecasts
• Manages cost concentration and Treasury disbursements
• Maintains and strengthens relationships with cash management banks
• Negotiates cash management banking arrangements and manage bank fees
• Oversees bank account administration, including bank accounts opening and closings, KYC, and signatory updates 
• Identifies and mitigates risks related to foreign exchange and interest ranges, monitor ongoing hedging strategies as needed
• Supervises Letter of Credit production
• Manages process of corporate insurance liability coverages
• Prepares/Reviews regular treasury reports including cash position, metrics and performance
• Supports additional treasury technology and process optimization 
• Administers Corporate T&E card program
• Identifies and implements Treasury-related business process improvements
• Supports Treasurer with post-acquisition integration of banking and treasury items
• Other duties as required

Supervisory Responsibilities:

• Supervises and mentors treasury analyst(s), fostering professional development
• Ensures team members are effectively trained on systems and processes related to the Finance Department
• Provides guidance to the team and delegate tasks effectively to ensure timely completion of responsibilities

Qualifications, Knowledge, Skills, And Abilities:

Education:

• Bachelor’s degree required; with a focus in Accounting or Finance, preferred

Experience:

• Five (5) or more years of experience in treasury operations, required
• Strong understanding and experience with banking systems, cash forecasting and debt management, required
• Prior supervisory experience, preferred 

License/Certifications:

• CTP, preferred

Software:

• Proficient in use of Microsoft Office Suite, required 
• Advanced experience with Microsoft Excel, preferred

Other Knowledge, Skills & Abilities:

• Superior verbal and written communication skills
• Capable of working and communicating effectively with professionals at all levels
• Capacity to work in a deadline-driven environment and handle multiple projects / tasks with an attention to detail
• Ability to successfully multi-task while working independently or within a group environment
• Capable of developing and maintaining relationships with banking contacts
• Solid decision making skills

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

• National Range: $110,000 - $140,000
• Maryland Range: $110,000 - $140,000
• NYC/Long Island/Westchester Range: $110,000 - $140,000

Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. 

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team.  BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. 

We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:

• Welcoming diverse perspectives and understanding the experience of our professionals and clients
• Empowering team members to explore their full potential
• Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
• Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
• Focus on resilience and sustainability to positively impact our people, clients, and communities
• BDO Total Rewards that encompass so much more than traditional “benefits.”  Click here to find out more!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

Click here to find out more!