Treasury Manager

Job Summary:

We are seeking a results-driven Treasury Manager to oversee the financial health and liquidity of a multi-entity organization with complex inventory and financing needs. The ideal candidate will manage day-to-day cash flow, banking relationships, floor plan financing, investment strategies, and risk management across diverse business units. This role is key in ensuring optimal use of cash, funding for inventory, and compliance with financial covenants.

Key Responsibilities:

Cash and Liquidity Management

Monitor daily cash positions across multiple bank accounts and legal entities.

Forecast short- and long-term cash needs to maintain adequate liquidity.

Manage intercompany cash transfers and optimize cash pooling strategies.

Banking and Treasury Operations

Review/Approve daily ACHs, wires, intercompany transfers, and Positive Pay activity.

Administer company’s credit card program.

Ensure accuracy of payment templates in banking platforms and/or ERP.

Maintain appropriate internal controls around cash handling and treasury activities.

Maintain strong relationships with banks, lenders, and financial institutions.

Manage bank account structures, signatories, and KYC documentation.

Evaluate and implement treasury systems and process improvements.

Floor Plan and Inventory Financing

Manage asset-based lending and floor plan financing arrangements with lenders to maintain compliance with financing terms.

Liaise with floor plan providers to manage drawdowns and repayments.

Risk Management

Identify and mitigate financial risks related to interest rates, liquidity, and credit exposure.

Assist in managing insurance policies and compliance for asset protection.

Reporting and Compliance

Prepare regular treasury reports for senior management.

Monitor covenant compliance on loans, credit facilities, and floor plan arrangements.

Remain compliant with all financial regulations and company policies.

Laise with accounting during year-end audit to provide all treasury related PBCs.

Strategic Planning

Provide treasury input into business planning, acquisitions, and capital investments.

Collaborate with accounting, sales, and operations teams to align financial goals with cash flow.

Accounts Payable Oversight

Coordinate closely with the accounts payable team to manage payment timing in alignment with cash flow forecasts.

Support month-end and year-end closing processes related to payables and cash disbursements.

Partner with procurement and operations to optimize vendor payment terms and working capital efficiency.

Qualifications:

Bachelor’s degree in Finance, Accounting, or related field (CPA a plus)

5+ years of treasury, finance, or accounting experience

Strong understanding of cash management and banking operations

Preferably, experience with floor plan financing arrangements

Strong analytical, communication, and leadership skills

Ability to work independently and collaboratively in a fast-paced environment

Ability to work with data and create reports from data being analyzed

Experience working in accounting systems (ERP) a plus

Proficiency in Excel and treasury management systems