Treasury staff

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Manage the financial affairs of the organization

Oversee forecast cash flow positions, related borrowing needs and funds available for investment

Ensure sufficient funds are available to meet ongoing operational and capital investment requirements

Use hedging to mitigate financial risks related to the currency and interest rates on the company's cash flows and borrowings, as applicable

Advise management on the liquidity aspects of its short- and long-range planning

Maintain an efficient system of policies and procedures that impose an adequate level of control over treasury activities and provide support for regulatory reporting

Ensure the accuracy and effectiveness of the organization’s billing programs

Maintain all domestic and global banking relationships

Maintain broker database for trade clearance and counterparty risk

Maintain strong communications with banks and other financial service providers

Develop a structure to work with business partners, shared services and FP&A to optimize working capital

Develop performance monitoring of service providers including third-party managers, trustees and custodians

Collaborate with internal stakeholders to maintain subsidiaries’ capital structures consistent with business, tax and regulatory requirements

Develop strategic finance initiatives (rating agency presentations, M&A and financing requirements) in partnership with key stakeholders

Complete special projects as assigned for presentation to senior management and external boards

Develop treasury reporting dashboards appropriate for various stakeholders and track KPI

Manage excess operating cash to obtain optimum interest revenue

Oversee electronic cash receipt and cash disbursement processing and accounting

Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting

Enhance and manage the regional and corporate direct cash flow forecasting process

Develop appropriate reporting and modelling capabilities required to support short-term and long-term liquidity forecasting needs through indirect modelling working closely with corporate FP&A

Develop cash targets to support efficient liquidity management

Serve as the primary contact with commercial banks in cash management services, trust, custody and with business managers regarding day-to-day treasury needs

Act as authorized signatory on bank accounts and as an officer of company entities, as needed

Monitor quarterly and annual compliance with loan agreements

Oversee credit insurance program

Lead in identifying risk, developing complex mitigation strategies

Serve as the primary contact with investment advisors to ensure alignment with investment policy, recommend funding for enough cash flow, review monthly returns and assess manager performance

Oversee execution of investment transactions (redemptions and purchases) approved by the investment committee of the Board of Directors

Review and analyze banking and investment management fees to identify cost reductions

In conjunction with private equity sponsors and senior management, manage capital market efforts that allow for efficient capital structure and enable growth

Monitor debt covenant compliance and prepare related calculations and certificates, in accordance with debt agreements

Act as treasury liaison internally for leasing analysis of property, plant and equipment

Direct the FX exposure management through cash flow, balance sheet and net investment hedging programs

Manage FX and interest-rate risk

Develop and lead hedging programs to mitigate risk from currency and interest rate fluctuation

Responsible for investing funds consistent with applicable laws

Develop and enforce strong internal controls and financial management policies