North American Rail Solutions (NARS) is seeking a Corporate Treasurer to lead the company's longterm financial success and ensuring overall stability. Working under the Chief Administrative Officer, the Corporate Treasurer manages the company's financial resources, cash flow, and risk. This role also makes decisions about funding, insurance, and other financial issues. A successful candidate is a detail-oriented leader with excellent communication skills, critical thinking, and fact-based decision making.
MAJOR RESPONSIBILITIES
• Ensure the company has appropriate cash flow and manages the daily cash balances, oversight of liquidity management and forecasting.
• Manages all banking transactions including signature, access authority matrix, and wallet management.
• Ensures financial transactions, policies, and procedures fulfil the organization's objectives, needs, and regulatory body requirements.
• Manage foreign exchange, interest, fuel and other hedges.
• Management of the company's credit facility including covenant calculation, reporting, letter of credit, draws/repayments, negotiations/recast.
• Risk management including maintenance of sufficient insurance and bonding lines, renewal, renegotiations, claims management, issuance of insurance certificates and project bonds.
• Manages lease lines and credit card line including access and authority matrix.
• Leads the company's account receivables and collections.
• Leads client credit risk evaluation teams.
• Oversight of equity accounting and management, including stock valuation and statutory reporting.
• Maintains high-standard professional relationships with financial institutions, third party audit, insurance brokers, credit rating agencies and benefits brokers.
• Maintains security of existing treasury workstations
• Ad hoc matters (i.e. legal, organization, insurance, contracts, rebates review/renegotiation, parental guarantees etc)
Education Required:
• Bachelor's Degree in Finance, Accounting, or similar is required
• Master of Business Administration, highly preferred
Work Experience Required:
• 7+ years' experience in financial leadership or treasurer role
• 5+ years in budgeting, cash flow management, and regulatory oversights
• Previous work experience in construction or manufacturing industries, highly preferred
Skills & Knowledge Required:
• Strong understanding of financial regulations, legislation, and best practices
• Excellent analytical, communication, and time management skills
• Strategic planning and business development
• High attention to detail
• Proficient in accounting software, preferably CMiC
• Proficient in Microsoft Office Suite
