Treasury Manager

We are looking for a talented Treasury Manager to join our team.

The Treasury Manager job is a new position and an opportunity to play a significant role in building out the Treasury function within Nexthink. This position will report to the CFO directly. This is a greenfield opportunity to help build, support, and influence the direction of a new Treasury department.

The Treasury Manager is responsible for managing day-to-day corporate treasury operations in relation to supporting the organization’s overall company objectives. The individual in this role will work alongside the CFO, the Global Controller, and the FP&A head in assisting with the development of policies, procedures, and the implementation of adequate controls for all treasury functions, including, but not limited to: Liquidity/Cash Management, Overall Capital Structure, Banking Relationships, Treasury Accounting, Foreign Exchange Management, M&A Financing, and Risk Management for the organization. The role will also lead and coordinate the annual insurance renewal process and be the primary day-to-day contact for Nexthink insurance company/broker.

Key Responsibilities

Cash Management & Risk Management

• Manage the day-to-day operations of the treasury function, cash management, and bank relationships
• Manage worldwide cash, including intercompany and funding initiatives to meet Capex, acquisition, and operational needs
• Provide supporting documentation and input for treasury-related accounting accruals, audits, and special requests
• Contribute to the formulation of short-term cash forecasts and provide support for the development of long-term financial modeling
• Investigate payment exceptions among the finance, treasury systems, and bank to resolve issues.
• Drive process improvement and automation initiatives.
• Lead special projects and ad hoc analysis
• Cultivate and maintain relationships with banking partners.
• Open and close bank accounts, perform KYC according to bank requirements
• Assess and implement the appropriate tools and systems for Corporate Treasury
• Develop, maintain. recommend new Treasury strategies, policies, procedures, and systems to enhance operational controls and efficiencies
• Manage timely and accurate internal Treasury reporting
• Be the point of contact for day-to-day inquiries from internal and external stakeholders
• Ensure departmental SOX compliance, including updates of controls, documentation, and testing – future state
• Support debt covenant compliance activities (on a quarterly and annual basis), including assuring timely interest and principal payments, and tracking lender activities for bank debt, private placement notes

Stock & Equity Administration

• Ensure that the Company’s equity awards are correctly administered and processed, including granting of awards and options vesting and exercised
• Help maintain the Company’s equity administration databases, including updating information, running monthly/quarterly reports, and other ad-hoc reports as necessary.
• Oversee the relationship with the Company’s third-party equity administration vendor
• Track and ensure the accuracy of the Company’s Capital table and Shareholder movements
• Work closely with shareholders and the Company’s transfer agent regarding equity-related requests such as share conversions, issuances, and warrant exercises.
• Prepare and facilitate the execution of documents in connection with equity-related requests.
• Support the accurate and compliant accounting, taxation, and reporting of employee stock-based compensation and other equity grants
• Assist with the monthly, quarterly, and annual share reconciliation
• Participate in special projects and/or ad-hoc requests as they arise, including process and procedural reviews and other enhancements

Insurance

• Assist with preparation of annual insurance budget, insurance schedules, and cash planning
• Coordinate the annual insurance renewal process
• Oversee all aspects related to issuance of certificates of insurance including connecting with business contacts to verify contractual insurance requirements and ensuring requirements are met
• Source and provide the necessary data/information for the annual insurance renewals
• Prepare materials for the annual insurance program review to Audit Committee of the Board of Managers.
• Process insurance claims and coordinate information flow with Legal Department and business units
• Review insurance policies and endorsements, prepare policy applications and make recommendations regarding policy terms and limits
• Work closely with business units and departments, collaborating, building trust, and allowing for effective exchange of information necessary to deliver required support

*MAY PERFORM OTHER DUTIES AS ASSIGNED*

#LI-Hybrid

Requirements

• Bachelor's or Master's degree in Accounting or Finance
• Minimum 8 years of progressive experience within corporate finance/treasury
• Minimum 5 years of corporate treasury experience
• CPA, CTP, or CFA preferred
• Experience with web-based banking platforms and treasury workstations.
• High proficiency in Microsoft Office (i.e. Excel, Word).
• Excellent problem-solving skills, along with the ability to think analytically and critically.
• Excellent organizational and time management skills.
• Hands-on and self-directed.
• Team player comfortable working with employees at all levels of the organization.
• Experience in cultivating relationships within and outside of the organization and exerting influence to meet functional objectives.
• Strong analytical and mathematical skills.
• Excellent written and interpersonal communication skills, including command of the English language for reading, writing, and comprehension, to effectively communicate and interact across all functions and levels.
• Strong attention to detail and accuracy, with strong organizational skills and the ability to successfully manage multiple competing priorities and responsibilities independently.
• Professional demeanor.
• Subject matter expert in global bank products and services, bank policies, and regulations with ability to apply this knowledge to developing new techniques and standards within the organization.
• International cash management and project management experience with a publicly traded company.
• Experience in finance/treasury or closely related field.