Finance

Treasury Manager job description

A Treasury Manager optimizes liquidity, risk, and cash flow using TMS platforms and financial modeling. Learn what a Treasury Manager does to drive growth.

Published May 13, 2024Updated May 16, 20262109 likes

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Job brief

We are looking for an analytical and detail-oriented Treasury Manager to lead our cash management and capital strategy initiatives. In this role, you will oversee daily liquidity, manage relationships with global banking institutions, and refine our hedging strategies to protect against market volatility. You will work closely with the CFO and executive leadership to provide the financial clarity needed for high-stakes capital allocation decisions. If you are passionate about financial markets and possess the technical skills to optimize corporate treasury operations, we would love for you to join our team.

Key highlights

Develop and maintain complex short-term and long-term cash flow forecasting models to anticipate working capital requirements and investment opportunities.
Mitigate currency and interest rate volatility by executing and documenting derivative hedging strategies in alignment with corporate risk policy.
Manage relationships with commercial and investment banks to negotiate credit facilities, service fees, and optimize banking service arrangements.
Prepare comprehensive board-level reporting on debt portfolios, investment performance, and counterparty credit risk for senior executive leadership.

What is a Treasury Manager?

A Treasury Manager is a specialized finance professional responsible for overseeing an organization’s liquidity, capital structure, and financial risk exposure. By utilizing sophisticated Treasury Management Systems (TMS) and real-time banking interfaces, a Treasury Manager ensures that cash positions are optimized to support operational needs and strategic investments. Their role is fundamental to maintaining financial health, as they mitigate interest rate and foreign exchange risks while ensuring rigorous compliance with internal and global financial policies.

What does a Treasury Manager do?

On a daily basis, a Treasury Manager monitors global cash positions, executes complex wire transfers, and manages short-term investment portfolios to ensure maximum yield on excess capital. They interface with banking partners to maintain credit facilities and analyze cash flow forecasts against actual performance to identify liquidity gaps. Additionally, they lead month-end treasury reconciliations and collaborate with corporate tax and accounting teams to ensure the integrity of financial reporting and the accuracy of hedged derivative valuations.

Key responsibilities

Execute daily cash positioning and liquidity management across multiple global bank accounts to ensure adequate operational funding levels.
Develop and maintain complex short-term and long-term cash flow forecasting models to anticipate working capital requirements and investment opportunities.
Mitigate currency and interest rate volatility by executing and documenting derivative hedging strategies in alignment with corporate risk policy.
Oversee the administration of Treasury Management Systems (TMS) and integrate them with ERP platforms like SAP or NetSuite for automated reporting.
Manage relationships with commercial and investment banks to negotiate credit facilities, service fees, and optimize banking service arrangements.
Conduct thorough variance analysis comparing forecasted cash inflows against actual results to refine predictive modeling accuracy and organizational efficiency.
Ensure strict adherence to internal controls, SOX compliance, and regulatory requirements concerning corporate financial transactions and global money movement.
Prepare comprehensive board-level reporting on debt portfolios, investment performance, and counterparty credit risk for senior executive leadership.

Requirements and skills

Bachelor’s degree in Finance, Accounting, or Economics; MBA or professional certification such as a Certified Treasury Professional (CTP) is highly preferred.
Minimum of 5-7 years of progressive experience in corporate treasury, banking, or complex cash management operations for mid-to-large enterprises.
Advanced proficiency in Microsoft Excel, including VBA or Power Query, for building sophisticated financial models and automated data analysis tools.
Hands-on experience with industry-standard Treasury Management Systems such as Kyriba, FIS, or GTreasury to monitor global financial activities.
Strong technical understanding of financial instruments, including money market funds, commercial paper, interest rate swaps, and FX forward contracts.
Demonstrated ability to translate complex treasury data into actionable insights for C-suite stakeholders and non-financial department heads.
In-depth knowledge of bank fee structures, account analysis statements, and global payment protocols including SWIFT, SEPA, and ACH.
Proven track record of maintaining rigorous internal controls and audit readiness in accordance with GAAP and Sarbanes-Oxley (SOX) compliance frameworks.

FAQs

What does a Treasury Manager do on a daily basis?

A Treasury Manager oversees the daily flow of corporate cash, ensuring that sufficient liquidity is available for operations while putting excess capital to work in authorized investments. They interface with banks to monitor balances, execute wire transfers, and investigate any anomalies in transaction reporting. Additionally, they spend time updating rolling cash flow forecasts to keep executive leadership informed of the company's immediate financial trajectory.

What are the most important Treasury Manager skills?

Success in this role requires a blend of quantitative modeling skills and a deep understanding of global financial markets. Proficiency in Treasury Management Systems (TMS) and ERP integration is vital, as is the ability to interpret complex bank account analysis statements. Soft skills such as the ability to negotiate with banking partners and the communication skills to present financial risk findings to the board are equally essential for career growth.

Who does a Treasury Manager work with in a corporation?

The Treasury Manager operates as a central node in the finance department, working closely with the CFO and Controllers to manage debt and equity capital structures. They also collaborate frequently with the accounts payable and receivable teams to understand cash inflows and outflows. Externally, they maintain professional relationships with bank representatives, auditors, and investment advisors to ensure the organization receives competitive financial services.

Is a Treasury Manager role focused more on strategy or operations?

The role is a hybrid of both, often shifting based on the company's size and capital complexity. Operationally, the manager ensures that cash is moved safely and accurately on a day-to-day basis, which is the foundation of treasury control. Strategically, they influence the company's future by advising on debt financing, optimizing the cash conversion cycle, and implementing hedging strategies that shield the bottom line from volatile interest or currency shifts.