Acting Manager, Treasury

Job Summary:

Reporting to the Director, Treasury, this twelve (12) month fixed term Acting Manager, Treasury position will oversee liquidity management, cash forecasting, and the debt & lease portfolio. The Acting Manager, Treasury will supervise the Treasury team and ensure smooth daily treasury operations.

Duties & Responsibilities:

• Manage daily cash positions, short-term liquidity and Board-level cash forecasting
• Monitor debt schedules, maintenance reserve schedules, covenant reporting, and aircraft/engine financing
• Manage merchant services, settlement timelines, address exceptions or delays and administer portals
• Oversee banking portfolio, documentation, signatories and portal administration
• Negotiate deposit requirements and manage Letters of Credit
• Trade foreign exchange and support confirmation process
• Liaise with business teams and insurance brokers for annual renewals and claims
• Supervise and support a team of Treasury Analysts
• Work on special projects as required
• Support new station treasury setups and cross-functional treasury initiatives
• Drive process improvements and automation initiatives
• Other duties as assigned
• Actively participate in Porter's Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operations; understand, comply and promote the Company Safety Policy

Behavioural Competencies:

• Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.
• Teamwork: Working collaboratively with others to achieve organizational goals.
• Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).
• Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.
• Results Focus: Focusing efforts on achieving high quality results consistent with the organization's standards.
• Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
• Exemplifying Integrity: Treating others fairly, honestly, and respectfully, furthering the integrity of the organization and its relationships of trust with team members and the broader community.
• Inspiring Others: Energizing and inspiring others to strive for excellence and commit to common goals and purposes, creating a sense of self-efficacy, resilience, and persistence in followers.
• People Leadership: Assuming a leadership role in helping others achieve excellent results.
• Leading Change: Recognizing the need for change, being open to new ideas and methods, and championing transformational change within the organization and beyond.

Qualifications:

• Bachelor's degree in Finance, Accounting, or related field; CPA, CTP, or CFA preferred
• 5+ years of progressive corporate treasury or finance experience, prior experience in aviation is advantageous
• Excellent planning and organizational skills and ability to manage multiple projects
• Strong analytical, negotiation, leadership, interpersonal and communication skills
• Experience with treasury systems, banking portals and cash forecasting
• Able to work under pressure and meet tight deadlines

Company Description:

Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter's fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline in the World Airline Star Rating. Visit or follow @porterairlines on Instagram, Facebook and X.