Treasury Manager jobs in Los Angeles, CA

The Company

Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed solar and storage projects across the country. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us.

The Role

Cypress Creek Renewables (CCR) is seeking a Manager of Treasury. Reporting to the Treasurer, this key role's main objective is compiling and communicating the company's cash needs along with oversight and management of the Treasury function. This includes cash forecasting models, evaluation of banking needs, review of some bank account reconciliations, and other cash and debt related activities. This position involves applying a broad range of corporate and operational Treasury knowledge with operations and external banking entities to streamline all cash functions. The Manager will develop and execute on the cash flow model after discussions with operations and provide effective training, and emphasizing high standards of work quality with staff.

Responsibilities:

• Forecast company's cash needs on a daily basis, requesting draws as needed while minimizing on-hand cash on a weekly, monthly or even daily basis.
• Ability to understand operational cash needs by project, products, real estate, option payments and utilities to make informed cash projections and decisions.
• Maintains relationships with Banking representatives
• Monitors positive pay for Automatic Clearing House (ACH) transactions and ensures appropriate verification is completed in order to detect and prevent fraudulent payments.
• Oversees outgoing wire payments, check and ACH for various transactions including property acquisitions, development, construction, recording fees, credit facility payments, short-term cash investments, distributions to investors.
• Reviews and post journal entries for various cash transactions to ensure accuracy and completeness.
• Oversees and approve some bank reconciliation schedules for various cash and debt related accounts for accuracy and for large and unusual reconciling items.
• Maintains integration between ERP and financial institutions
• Review various debt agreements to ensure compliance and reporting requirements.
• Provides due diligence support and planning for mergers and acquisition transactions by reviewing information related to cash and debts, including the establishment of new bank codes and communication to management; ensures all treasury issues/needs are identified in advance of transaction closings.
• Provides oversight and evaluation of company banking needs including the administration of new user on-line banking and authorized signor access, and review of account statuses in order to optimize fees and minimize efficiencies.
• Performs month end procedures including; fluctuation analysis of cash and debt related general ledger accounts, interest, amortization, accretion and related entries.
• Maintains communication with Corporate Accounting and Finance teams in order to facilitate and ensure the company's timely and effective month-end close.
• Oversees activities of the team; manages, trains, and coaches while guiding individuals to reach their potential and providing constructive feedback for employee development.

• Monitors credit card issuance by obtaining proper approval from Chief Financial Officer
• Ensures proper process and procedures are established to safeguard the company's assets and timely recording of expenditures.

Minimum Qualifications:

• Bachelor's degree in Accounting, Finance, Business or closely related field required.
• Minimum of three (3) to five (5) years of supervisory experience, managing direct reports required.
• Minimum of seven (7) years of progressively responsible experience working in accounting, finance, treasury or a closely related field required.
• Excellent excel and modelling capabilities.
• Certified Public Accountant (CPA) or MBA designation preferred.
• Understanding of solar tax-equity structures a plus.
• Working knowledge of Microsoft Office (Excel, Word, Outlook, PowerPoint) required.
• Superior interpersonal abilities and a team player. Ability to get along with diverse personalities, tactful, mature, flexible.

We are seeking qualified candidates available to start immediately.

Location: Santa Monica CA

Compensation: $110,000-140,000K plus bonus and benefits package

A note to Recruiting Agencies Cypress Creek Renewables Human Resources team does not accept unsolicited resumes from third party recruiters, staffing firms, or related agencies. The Human Resources team coordinates all recruiting and hiring at our company. We do not accept resumes from third-party recruiters unless authorized by the Human Resources team and if a signed agreement is in place. Any unsolicited resumes will be considered property of CCR and we are not responsible for any related fees. All communication related to recruiting partnerships should ONLY be directed to the Human Resources team.

Cypress Creek Renewables is an equal opportunity employer and considers all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. We are committed to providing a workplace that is inclusive and values diversity, and we encourage candidates from all backgrounds to apply