Treasury Operations Manager

Treasury Manager

Reporting to the Treasury Director, the Treasury Manager interacts with Corporate Accounting, Tax, Payables and Receivables, and Audit. The candidate must be a quick learner, have strong communication and analytical skills, and possess strong interpersonal and leadership skills. The candidate must also have experience operating in a Sarbanes-Oxley environment. The candidate should also possess intellectual curiosity, strive toward continuous improvement, not be satisfied with "same as last year" approaches to issues, and be willing to compete in a high-performing corporate culture.

• Monitor daily cash position and ensure adequate liquidity for operational needs.

• Develop and maintain detailed short-term and long-term cash flow forecasts.

• Implement automation tools to streamline cash forecasting and reporting processes.

• Identify and implement strategies to optimize cash balances and minimize idle balances.

• Oversee cash management operations to include daily cash administration and management of bank accounts.

• Oversight of daily treasury operations, including wire transfers, ACH payments, and cash pooling.

• Oversee bank account administration, including account openings/closures, and signatory updates.

• Negotiate and manage bank fees.

• Execute on liquidity needs for working capital and invest short-term excess cash. Manage execution of inter-company netting, inter-company lending, dividends, and capital injections.

• Manage execution of foreign exchange hedging programs, settlements, and reporting.

• Drive continuous improvement of treasury operations to maximize team productivity.

• Ensure adherence to best practices in cash management and treasury operations.

• Ensure compliance with internal controls, policies, and procedures. Develop and monitor treasury operational policies. Manage Sarbanes-Oxley compliance for Treasury operations.

• Support external and internal audits related to cash and treasury operations.

• Supervise and mentor treasury operations team.

• Candidate should possess a CTP and have 5-8 years of overall experience in cash management in a corporate or a banking environment.

• Strong analytical, financial and systems skills are required.

• A self-starter who can identify opportunities and has ability to execute projects.

• Ability to quickly learn new Treasury areas, even if no prior direct experience.

• Not afraid to be part of a high-performing corporate culture that continually seeks to improve.

• Experience working in global business environment a plus.

• Experience with TMS and foreign exchange trading platforms.

• Familiarity with SAP is a plus.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

We aim to pay our 'ITT'ers' fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on 'what' they accomplish, but also on 'how' they reflect ITT's values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

The annual salary range is $118,800 - $177,400, plus incentive plan and benefits.