Treasury Manager jobs in Sarasota, FL

Job Summary:

The Treasury Analyst is responsible for overseeing and analyzing the company’s financial transactions, examine cash flow, assess assets and liabilities, prepare treasury reports, and create financial forecasts and management strategies.

Duties/Responsibilities:

• Cash Management:
  • Monitor daily cash balances and manage liquidity to meet short-term obligations
  • Develop and maintaining monthly cash flow forecasting model
  • Coordinate with different departments to gather relevant information for cash forecasting
• Bank Relationship Management:
  • Maintain relationships with banks and financial institutions
  • Negotiate and manage banking services, including fees, accounts, and credit facilities
  • Administer bank user profiles and permissions
  • Develop and maintaining quarterly bank compliance model
• Risk Management:
  • Identify and assess financial risks related to interest rates, foreign exchange, and liquidity
  • Implement risk mitigation strategies, such as hedging, to protect against adverse market conditions
  • Monitor compliance with financial regulations and internal policies
  • Assist with insurance renewals to gather and consolidate exposures and other insurance information
• Financial Analysis:
  • Analyze financial data to provide insights into the organization's financial performance
  • Prepare reports on cash flow, liquidity, and financial risk for management review
  • Collaborate with other departments to gather relevant financial information
• Treasury Technology:
  • Utilize treasury management systems and financial software to streamline processes
  • Stay updated on industry best practices and advancements in treasury technology
• Compliance and Reporting:
  • Ensure compliance with internal policies, accounting standards, and regulatory requirements
  • Prepare and submit periodic reports to management, regulatory bodies, and other stakeholders
• Expense Management:
  • Monitor and control treasury-related expenses, such as bank fees and transaction costs
  • Identify opportunities to optimize costs and improve efficiency
• Forecasting and Budgeting:
  • Assist in the development of annual budgets related to cash management and treasury activities
  • Provide input into financial forecasts and contribute to overall financial planning
• Communication and Collaboration:
  • Collaborate with various departments, including finance, accounting, and risk management
  • Communicate effectively with internal and external stakeholders, including banks, auditors and insurance brokers

Required Skills/Abilities:

• Consistently achieve high work standards, attention to detail, accuracy, and time management skills
• Strong analytical, problem solving, and organizational skills including ability to work independently under time constraints, and with flexibility to meet demands of the position
• Strong communication and interpersonal skills including demonstrated work ethic and desire to strive for continuous improvement
• Proficiency in Microsoft Office suite with high proficiency in Excel
• Ability to work within a fast-paced dynamic organization
• Demonstrated ability to build strong, mutually beneficial relationships with internal and external stakeholders at similar functional levels
• Solution-focused mindset with an extremely flexible attitude and approach to achieving outcomes

Education and Experience:

• Bachelor’s degree in finance, accounting, or related field
• Two-plus years of experience in a finance and accounting function
• Certified Treasury Professional (CTP) or Certified Public Accountant (CPA) preferred