Hybrid Senior Manager, Treasury

at Plusgrade

• Job title: Senior Manager, Treasury
• Job type: Full Time
• Experience level: Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Montreal, Canada

About the role

• Senior Manager of Treasury responsible for global cash management and team leadership at a travel technology company.

Responsibilities

• Assist the VP, Tax and Treasury in overseeing the day-to-day global cash function, including investing, cash concentration, disbursements, account setup and funding, and analysis/reporting on Treasury KPIs
• Manage excess cash and maximize ROI in compliance with the Board-approved investment policy; recommend changes to investments and policies in response to market conditions
• Lead operational improvement projects and develop procedures for payment operations, bank account openings and maintenance, and other treasury activities
• Collaborate with team members and FP&A to accurately forecast cash balances
• Identify and help implement treasury best practices
• Manage intercompany funding, ensuring timely settlement of intercompany balances
• Manage short- and long-term subsidiary funding needs while monitoring economic and regulatory conditions for foreign currency exposure
• Lead and manage a team of 3 Treasury Analysts
• Monitor and ensure compliance with banking covenants, including forecasting cash requirements and their impact on covenants
• Execute the Corporation’s FX hedging program, recommend appropriate hedge levels, and identify FX risk areas for senior management
• Monitor currency rates to forecast unrealized gains (losses) on the income statement and balance sheet
• Maintain daily banking relationships, including bank system reporting, account balances, fees, letters of credit, and corporate guarantees
• Manage employee access to global banking systems
• Ensure accurate and complete account maintenance, including authorized signatories and approvers, opening and closing accounts, and adding services
• Review financial ratios required for credit facility compliance and prepare the compliance package for submission to lenders
• Compile and analyze treasury information for monthly, quarterly and fiscal year-end management reporting and external audit requirements
• Assist in drafting Audit Committee/Board slides related to treasury operations and initiatives
• Work with Risk & ePayments teams to ensure cash processing aligns with corporate legal entity structure objectives
• Work with IT and banking partners to automate workflows for more efficient, auditable compliance and internal controls
• Review and approve month-end journal entries and accruals for loans, foreign exchange and bank transactions
• Ensure accuracy and completeness of related general ledger transactions
• Review and approve bank reconciliations
• Lead the implementation of a treasury management system
• Oversee or participate in ad hoc projects and other responsibilities as needed

Requirements

• 5+ years of experience in treasury, accounting, or banking
• Bachelor’s degree in Finance, Accounting, or Business Administration
• Professional designation preferred (CPA [CA/CMA/CGA], CFA, MBA)
• Experience with online banking platforms across multiple financial institutions and a thorough understanding of cash management methods
• Strong understanding of accounting treatments for cash management and funding structures under IFRS as they relate to financial reporting
• Experience working in a multi-jurisdictional and multi-currency environment
• Strong analytical, problem-solving and organizational skills, including the ability to perform detailed analysis while understanding broader context and implications
• Proactive with a high level of self-motivation, flexibility and organizational ability
• Experience managing priorities in a fast-paced environment with a proven ability to prioritize and handle multiple time-sensitive tasks
• Strong project management skills with a demonstrated ability to take initiative, manage projects independently and drive them to completion
• Demonstrates strong accountability for duties and responsibilities required by the role
• Able to communicate effectively, both verbally and in writing, at all organizational levels

Benefits

• RRSP/401(k) matching
• Comprehensive health plans
• Flexible paid time off
• Travel experience credit
• Annual wellness credit
• Team events and monthly lunches
• Home office/commuter credit
• Work From Anywhere program
• Parental leave top-up
• Adventure Pass