Massachusetts Veterans Jobs

Treasury Manager

Location:

Wilmington, Massachusetts

Job ID

2403456

The Treasury Manager role is principally responsible for cash and investment management, banking administration and relationship management, and cash forecasting and analysis. The position reports to the Director Tax & Treasury and works closely with a range of finance, legal, and business unit partners. This individual will be responsible for assessing, building, monitoring, and managing the efficient utilization of cash, bank accounts, and financial services for both domestic and international operations within the Company objectives.

Responsibilities:

Cash, investment management, and risk management

• Formulate and oversee compliance with corporate cash management, investment, and financial risk management guidelines and policies.

• Oversee and verify accuracy of daily cash position for all corporate and subsidiary cash and investment accounts, to include daily review of positive pay expectations.

• Perform inter-company and external cash transfers as required in conjunction with Accounts Payable.

• Oversee credit card processing.

• Create and manage appropriate FX hedging and interest rate swap positions, as needed.

• Handle audit requests.

• Perform month/quarter/year-end reporting.

• Manage investment of excess cash in compliance with the Investment Policy.

Banking administration and relationship management

• Oversee the timely opening, closing, and maintenance of domestic and international bank accounts, to include access and authorizations.

• Manage and process notices and other documentation related to credit agreements, investments, FX transactions, letters of credit, wire transfers, share repurchases, and dividends.

• Perform debt compliance analysis and reporting.

• Maintain frequent communication with bank group members and vendors related to cash management, foreign exchange, technology services, and other matters.

• Assist Director of Tax & Treasury in managing relationship with bank and treasury services providers for mitigation of risk, cost of services, and dispute resolution.

• Support the design and implementation of Oracle Cloud ERP.

Forecasting and analysis

• Maintain cash forecasts to determine liquidity needs.

• Partner with FP&A and International teams to develop currency hedging strategies and plans.

• Support development of Board of Director and Management presentation materials and execution of related analytics.

• Negotiate bids and monitor costs for services provided by banks and financial services providers.

• Create and monitor treasury disaster plan to mitigate liquidity risk.

• Perform ad hoc Treasury and Investor Relations analysis/special projects as required.

Qualifications

Requirements:

• Bachelor’s degree in Accounting or Finance and 5-7 years’ experience in Treasury or Finance

• Bachelor’s Degree in Finance or Accounting, MBA desired.

• CTP designation strongly preferred.

• 5-7 years’ experience in Treasury and/or Finance functions.

• Both domestic and international treasury experience is required.

• Public company experience is preferred.

• General knowledge of GAAP and SEC reporting requirements related to treasury activities.

• Knowledge of treasury software

• Knowledge of investment strategy and instruments.

• Advance spreadsheet and modeling skills

• Excellent collaboration, verbal, and written communication skills.

• Self-motivated to seek out answers, generate ideas, and develop new skills.

• Attention to detail and accuracy.

• Process improvement driven.

• Strong analytical, organization, and interpersonal skills.

• Project management.

• Ability to adapt to change quickly.

• Ability to manage multiple priorities.

Benefits & Perks:

401K with Company Match, Profit Sharing, Health Insurance, Employee Assistance Program, Life Insurance, Paid Time Off, Tuition Reimbursement, 30% Employee Discount, Employee Referral Bonuses.

UniFirst is an international leader in garment & Uniform services industry. We currently employ over 14,000 team partners who serve 300,000 business customer locations throughout the U.S., Canada, and Europe.

We were included in the top 10 of Selling Power magazine’s “Best Companies to Sell For” list and recognized on Forbes magazine’s “Platinum 400 – Best Big Companies” list. As an 80-year old company focused on annual growth, there’s never been a better time to join our team.

UniFirst is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, color, gender, national origin, ancestry, religion, physical or mental disability, age, veteran status, sexual orientation, gender identity or expression, m arital status, pregnancy, citizenship, or any other factor protected by anti-discrimination laws

UniFirst is an equal employment/affirmative action employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to TalentAcquisition@unifirst.com or call to let us know the nature of your request.

UniFirst Recruiters and/or representatives will not ask job seekers to provide personal financial information when submitting a job application. Please be vigilant as such requests for information may be fraudulent.

UniFirst is an equal opportunity/affirmative action employer. We do not discriminate in hiring or employment against any individual on the basis of race, color, gender, national origin, ancestry, religion, physical or mental disability, age, veteran status, sexual orientation, gender identity or expression, marital status, pregnancy, citizenship, or any other factor protected by anti-discrimination laws.

If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to TalentAcquisition@unifirst.com or

call 800-347-7888 to let us know the nature of your request.