The B&W Cash Manager will monitor and manage the company’s daily cash position in compliance with all regulations governing cash transactions and banking. This position will report to the Corporate Treasurer while operating on a global scale.
•+ Forecasts daily cash requirements
•Handles daily liquidity management
•Manages, maintains, and administers bank relationships and reports bank information or scorecards/KPI
•Recommends and implements improvements to current cash management processes
•Perform transactions and resolve errors
•Anticipates short-term borrowing needs and communicates them to proper personnel
•Conducts borrowing and investing activities
•Gathers, interprets, and prepares cash flow projections
•Ensures adequate liquidity
•Executes funds movement and investment transactions
•Appropriately invests excess cash balances and administers short-terms investments
•Executes foreign exchange (FX) spot trades and manage the settlement/delivery process
•Implements cash management systems and trains staff on those systems
•Coordinates collateral programs and risk management controls
•Tracks and resolves pay exceptions
•Maintains all collections-related schedules for forecasting
•Acts as an expert advisor on banking issues for the business units and other corporate functional areas
•Ensures compliance with SOX controls, FBAR, FATCA, anti-money laundering regulations, and other rules governing cash transactions and banking
•Interfaces with accounting for bank general ledger, journal entry differences and general troubleshooting
•Supports other standard Treasury functions and special projects, as necessary
Qualifications
•Bachelor's Degree in Finance, Accounting, or equivalent work experience
•Master's Degree in Finance, Accounting, or related is preferred
•7+ years experience in corporate Treasury environment
•Solid understanding of financial analysis and statistics
•Familiarity with cash/bank management systems, Treasury Management Systems (TMS)
•Knowledge of MS Office including Excel, Word, and PowerPoint
•Knowledge of appropriate accounting and financial software programs
Knowledge of receivables and cash processes
•Knowledge of establishing a SOX compliant structure and FBAR reporting
•Knowledge of international cash management, forecasting, and internal controls
•Critical thinking skills
•Expert problem solving/troubleshooting abilities
•Ability to work independently
•Communication skills (verbal and written)
contractAkron, OH1 day ago
