Treasury Manager in Charlotte, NC
Job title: Treasury Manager in Charlotte, NC at ScentAir
Company: ScentAir
Job description: ScentAir crafts billions of lasting impressions for customers around the globe every year. Our cutting-edge scent delivery solutions are tailored for a diverse range of business environments including restaurants, health care offices, airports, senior living facilities, apartment and multi-unit housing, retail stores, real estate (both commercial and residential), as well as health clubs and spas. The potential applications are truly limitless! We are the pioneers and innovators in the field, and we are proud to be the global leader in Scent Marketing!Our impressive roster of clients features industry giants such as Disney World, Sea World, IHG, Aria Resort and Casino, MGM Grand, Marriott Brands, Hilton, Westin Resorts, and Greystar Properties, among many others.ScentAir Technologies is seeking a Treasury Manager to oversee the company’s treasury functions, ensuring the management of cash flow, banking relationships, financial risk, and financial analysis. The Treasury Manager will report directly to the Chief Financial Officer (CFO) and work closely with other departments, providing key insights and supporting the company’s financial strategies.
Key Responsibilities:
- Cash Management & Forecasting: Manage the company’s daily cash position and optimize the cash flow process. Develop cash flow forecasts and ensure liquidity to meet operational requirements.
- Banking Relationships: Oversee relationships with banks and other financial institutions. Negotiate terms, manage accounts, and ensure all accounts are optimized.
- Risk Management: Identify, analyze, and manage financial risks, including interest rate fluctuations, foreign exchange exposure, and commodity price risks. Develop strategies to mitigate these risks.
- Debt Management: Coordinate the company’s debt portfolio, including issuing and managing corporate debt. Work with senior management to evaluate new financing options and manage debt covenants.
- Financial Analysis & Reporting: Prepare detailed financial reports for senior management regarding treasury operations. Provide analysis on cash balances, cash inflows, and outflows, and provide recommendations for improvements.
- Compliance & Controls: Ensure compliance with regulatory requirements, internal controls, and corporate policies. Oversee the development and implementation of treasury policies and procedures.
- Team Leadership: Lead and mentor a team of treasury analysts, ensuring their growth and development in financial operations.
- Process Improvement: Streamline treasury processes and introduce efficiencies to improve accuracy, reduce costs, and enhance the effectiveness of treasury operations.
- ERP System Transition: Lead the transition and integration of treasury operations into the new ERP system, Syteline, after migrating from X3. Ensure the smooth operation of treasury functions within the new system.
- Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Master’s degree in Finance or an MBA preferred.
- Experience: 6-10 years of experience in treasury management, with a proven track record of success in cash management, financial risk management, and banking relationships. Experience with international businesses and working with organizations that generate annual revenues between $100 million and $300 million is required.
- Technical Skills: Advanced proficiency in Excel for financial modeling and analysis. Experience with ERP systems (e.g., Syteline, X3, SAP, Oracle) is a plus.
- Knowledge: Strong understanding of financial principles, accounting practices, and GAAP. Knowledge of financial regulations and compliance requirements.
- Communication: Excellent verbal and written communication skills, with the ability to present complex financial information to senior leadership and external stakeholders.
- Leadership: Strong leadership and organizational skills. Ability to manage multiple projects in a fast-paced, dynamic environment.
- Competitive salary and benefits, including medical, dental, and vision insurance, along with a company-matched 401k plan.
- A fun, team-focused work environment that values innovation and collaboration.
- Opportunities for professional growth and development.