Treasury manager job description

Leading Kansas City-area manufacturing company has partnered with Morgan Hunter to identify a qualified
Treasury Manager
.


Treasury Manager


The
Treasury Manager
manages the cash flow process and company holdings, ensuring that funds are in the proper accounts in advance of disbursements. This role requires solid knowledge on the sources and uses of cash for the entire company, as well as maintaining related trend visibility for leadership. The
Treasury Manager
serves as main administrator for all banking setup, owns communication and reporting regarding the cash flow process, and serves as expert on the credit agreement, advising the business on reporting requirements and potential limitations in addition to periodic compliance reporting to lending partners.


Responsibilities:


Establish, manage, and develop all cash management and banking services provided to the company within the domestic operating footprint. Supports CFO with banking relationships; liaise with businesses and banks on operational projects. Oversees daily reporting on available cash activity, bank balances, ACH transfers, and other cash management related activities to corporate accounting along with the evaluation of any significant disbursements. Establish, generate, and develop cash forecasting methods and reports based on collaboration with the Accounts Payable and Accounts Receivable teams to project cash needs and availability. Provide detailed analysis on variances in cash flow, from estimates to actuals, along with any communication with internal customers and banks. Initiates and/or approves funds transfers as needed. Manage bank account security administration and maintain strong controls over bank accounts. Ongoing review and optimization of banking structures and fees; recommend and implement new banking processes and systems; assist with managing banking relationships. Communicates with the Administrative Agent of bank credit facilities to manage outstanding bank debt balances. Development of Treasury workstation and assist with maintenance including bank account management and account analysis modules. Calculates interest and fees under the credit agreement, records entries and prepares debt reconciliations. Completes periodic credit agreement compliance certificates and analysis of trends to ensure compliance. Assists with other special projects or duties as assigned.


Qualifications:


Bachelor’ s degree in Accounting/Finance/Economics or equivalent work experience. 8+ years of experience in Corporate Treasury, Cash Management, and/or Finance departments. Certified Treasury Professional (CTP) preferred.


Skills and Abilities:


Working knowledge of banking, financial regulations and general economic principles. Previous cash forecasting and modeling experience. Problem solver that utilizes excellent judgment to either make recommendations or escalate issues.



About Morgan Hunter


Since 1986, Morgan Hunter has served Kansas City-area employers to help them meet a range of hiring needs, from temporary staffing to direct-hire placements. Thoughtful and thorough in our approach, we’ re also responsive and efficient, creating a tailored hiring experience for both employer and job seeker – because everyone deserves to find the right fit.

MH123

The role location is flexible between our California-based office locations (Los Gatos or Los Angeles). Although we can be flexible on a hybrid working model, we are not offering a full remote work option for this role.

Netflix is the world's leading streaming entertainment service with over 220 million paid memberships in over 190 countries enjoying TV series, documentaries, and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause, and resume watching, all without commercials or commitments.

It's an amazing time to join Netflix as we continue shaping the future of global entertainment, bringing new stories to millions of people worldwide. Visit our culture memo and long-term view to learn more.

The successful candidate will be a thought leader with proven experience to help Netflix manage FX exposure and as well as other ad-hoc projects/initiatives as necessary. You'll be self-motivated, highly analytical, hands-on as well as strategic and have a desire to manage current challenges and plan for the company's future needs.

This role maintains close collaboration and partnership with the Planning & Analysis Teams, Production Teams, Accounting, IT Operations, Tax and Legal to create accurate forecasting data, maintain and evolve our hedging strategy, advise the business on FX-related matters and ensure compliance with applicable regulations.
This position will report to the Treasury Director.
Responsibilities:Develop and maintain entity level short and long term cash flow/liquidity forecasting models in collaboration with FP&A, track and analyze variances and make recommendations based on your analysis.Maintain and evolve our strategy for managing foreign exchange exposures. Advise the business where needed.Prepare and present hedging performance metrics. Work closely with the overall Treasury Team, lead and/or support projects as needed and cross-train on your areas of expertise. Work with Accounting to perform month and quarter end close activities related to foreign exchange.Build a deep understanding of our operating business and develop meaningful relationships with cross-functional partners.
Minimum Qualifications:8+ years of proven, relevant experience managing foreign exchange risk at a multinational corporation, corporate or investment bank, or similar experience at a fintech.Bachelor's / Master's degree in business, finance or related discipline required; MBA, CFA or equivalent Treasury qualification preferred.Subject matter expertise around FX hedging instruments and experience leveraging those instruments to manage risk at scale. Experience developing and maintaining cash flow forecasting/modeling.Strong communication, presentation and interpersonal skills.High level of critical and logical thinking and comfort with ambiguity.Incredible attention to detail and ownership of business outcomes.
Netflix requires all U.S. employees to be fully-vaccinated for Covid-19 as a condition of hire unless they have an approved accommodation in place under applicable law. Newly-hired employees will be required to provide proof of vaccination prior to their start date.

Netflix is an equal opportunity employer. We welcome and encourage diversity in the workplace regardless of gender, race or color, ethnicity or national origin, age, disability, religion, sexual orientation, gender identity or expression, or veteran status.

Fanatics is building a leading global digital sports platform to ignite and harness the passions of fans and maximize the presence and reach for hundreds of partners globally. Optimizing these long-standing partnerships, a database of more than 80 million global consumers and a trusted, recognizable brand name, Fanatics is expanding beyond its position as a global leader for licensed sports merchandise to now becoming a next-gen digital sports platform, featuring an array of offerings for fans across the sports ecosystem.

The Fanatics family of companies currently includes Fanatics Commerce, a vertically-integrated licensed merchandise business that has changed the way fans purchase their favorite team apparel, jerseys, headwear and hardgoods through a tech-infused approach to making and quickly distributing fan gear in today's 24/7 mobile-first economy; Candy Digital, a digital collectibles company that is partnering with prominent sports properties, including MLB and MLBPA, to build an official NFT ecosystem; Fanatics Collectibles, through Topps as a cornerstone of the business, building a new model for the collectibles and trading cards hobby with top leagues and players association partners; and Fanatics Betting & Gaming, a mobile betting, gaming and retail sportsbook platform. Fanatics' partners include all major professional sports leagues (NFL, MLB, NBA, NHL, NASCAR, MLS, PGA) and hundreds of collegiate and professional teams, which include several of the biggest global soccer clubs.

As a market leader with more than 9,000 employees, and hundreds of partners, suppliers, and vendors worldwide, we take responsibility for driving toward more ethical and sustainable practices. We are committed to building an inclusive Fanatics community, reflecting and representing society at every level of the business, including our employees, vendors, partners and fans. Fanatics is also dedicated to making a positive impact in the communities where we all live, work, and play through strategic philanthropic initiatives.

At Fanatics, we're a diverse, passionate group of employees aiming to ignite pride and passion in the fans we outfit, celebrate and support. We recognize that diversity helps drive and foster innovation, and through our IDEA program (inclusion, diversity, equality and advocacy) at Fanatics we provide employees with tools and resources to feel connected and engaged in who they are and what they do to support the ultimate fan experience.

Fanatics Betting and Gaming is seeking a Treasury Manager who thrives in a dynamic and fast-paced environment to join our high-energy Finance team. Treasury will play a critical role in the continued expansion of Fanatics' footprint. We are seeking exceptional individuals who will help define and shape the future of our organization and has the “no task is too big or too small” mindset. Primary responsibilities include global daily cash reporting, managing day-to-day treasury responsibilities including establishing new accounts, ensuring adherence to cash regulatory requirements, cash forecasting, managing debt facilities, as well as various other treasury and financial reporting duties. This role will be based in New York City.

Responsibilities Monitor daily bank balances, tracking, and reporting of cash position to Corporate Treasury.Monitor cash balances to ensure adequate liquidity and adherence to gaming regulatory requirements.Own and maintain Fanatics Betting & Gaming cash forecast, which includes working cross-functionally with various business partners, such as FP&A and Accounting, to compile forecast inputs. Manages debt instruments, ensuring timely payments of principal and interest, adherence to covenants and reporting requirements, and acting as subject matter expert for Gaming credit agreements.Support Treasury operations (wires, book transfers), intercompany fundings, bank account management and bank online portal administration. Execute borrowing and investments to support the working capital needs of the business with guidance from Corporate Treasury. Support compliance requests related to KYC documentation, banking resolutions and signatories.Ensures compliance with internal controls, policies and procedures in day-to-day conduct and supervision of cash management activities.Understands and manages appropriate procedures and processes around month-end and quarter-close activity, ensuring adherence to SOX controls.Supports financing negotiations for the Fanatics Betting and Gaming vertical.Support month-end and quarter-end treasury related accounting close activities.Document and maintain treasury policies and procedures.Assist with annual audit support related to treasury.Recommend and implement process improvements and assist with ad-hoc corporate treasury projects as needed

Experience and Skills5+ years of experience in treasury with a minimum of 2 years in gaming treasury operations, international experience a plus.Strong technical skills - proficiency with Word, Excel, and PowerPoint.Insightful, consistent, and considerate communication and interpersonal skills. Ability to communicate both verbally and written with all levels, both internally and externally.Dynamic in the ability to handle multiple tasks under tight deadlines.Continuous improvement minded - understands business processes to identify improvement opportunities.Flexible to work in an environment that is constantly changing and growing.Bachelor's degree in Finance, Economics or Accounting required Open to regular travel to events and other Fanatics offices for various offsite and team meetings

Ensure your Fanatics job offer is legitimate and don't fall victim to fraud. Fanatics never seeks payment from job applicants. Feel free to ask your recruiter for a phone call or other type of communication for interview, and ensure your communication is coming from a Fanatics or Fanatics Brand email address (this includes @betfanatics.com). For added security, where possible, apply through our company website at www.fanaticsinc.com/careers

Tryouts are open at Fanatics! Our team is passionate, talented, unified, and charged with creating the fan experience of tomorrow. The ball is in your court now.

Fanatics is committed to responsible planning and purchasing (RPP) practices, working with its business partners across its global and multi-layered supply chain, to ensure that planning, sourcing, and purchasing decisions, along with other supporting processes, do not impede or conflict with the fulfillment of Fanatics' fair labor practices.
NOTICE TO CALIFORNIA RESIDENTS/APPLICANTS: In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or other types of positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.