Treasury Operations Manager

5 days ago


Old Toronto, Canada Plusgrade Inc. Full time
Role Overview

We are seeking a highly skilled Treasury Operations Manager to join our team at Plusgrade Inc. in a key role that will be responsible for managing the day-to-day cash management operations of the company.

About the Role
  • Reporting to the VP, Tax & Treasury, you will manage the global cash function, including investing, cash concentration, disbursements, account setup and funding, and analysis / reporting on Treasury KPI's.
  • You will oversee the execution of key processes within Treasury to facilitate day-to-day operational activities.
  • Assist the VP, Tax and Treasury in managing the day-to-day global cash function.
Responsibilities
  • Cash Management
    • Assisting the VP, Tax and Treasury, manage the day to day global cash function including investing, cash concentration, disbursements, account setup and funding, and analysis / reporting on Treasury KPI's.
    • Manage excess cash and maximize the ROI in compliance with the Board approved investment policy, recommending changes to investments and policies to address changes in market conditions.
  • Foreign Exchange
    • Execute against the Corporation's FX hedging program, making recommendations on appropriate hedge levels and identifying FX risk areas to senior management.
    • Monitor currency rates to forecasted income statement and balance sheet unrealized gains (losses).
  • Banking Relationships
    • Maintain daily banking relationships including bank system reporting, account balances, fees, letters of credit, and corporate guarantees.
    • Manage employee access to banking systems on a global basis.
  • External / Internal Reporting, Controls & Compliance
    • Calculate financial ratios required for credit facility compliance purposes and prepare the compliance package required for submission to lenders.
    • Compile and analyze treasury information to meet monthly, quarterly and fiscal year end management reporting and external auditor requirements.
Requirements
  • 5+ years treasury/accounting/banking experience
  • Bachelor's degree in finance, accountancy or business administration
  • Professional designation (CPA (CA/CMA/CGA), CFA, MBA) preferred
  • Experience with online banking platforms across multiple financial institutions and thorough understanding of cash management methods
What We Offer
  • $80,000 - $120,000 per annum, depending on experience
  • RRSP/401(k) Matching/Pension Matching
  • Comprehensive Health Plans
  • Flexible Paid Time Off
  • Travel Experience Credit
  • Annual Wellness Credit
  • Team Events and Monthly Lunches
  • Home Office/Commuter Credit
  • Work From Anywhere Program
  • Parental Leave Top Up
  • Adventure Pass


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