CHUGACH’S EXPECTED BEHAVIORS:
Chugach is looking for more people who believe that the following behaviors are fundamental to any job:
- Always do the right thing
- Creating meaningful value
- Leave things better than you found them
- Empowering people
- Building community
SUMMARY/GENERAL DESCRIPTION OF JOB:
Reporting to the Vice President of Finance, the Treasury Manager is responsible for Corporate Treasury activities, including safeguarding, monitoring, reporting on cash balances as well as compliance with company Treasury policies. Assists with the development and oversees the implementation of cash management banking solutions for all business segments, the cash forecasting process and the intercompany lending practices. Analyzes and reviews all operational cash flows for Chugach and ensures an efficient banking structure to support the organization’s overall operations. Recommends changes that improve cash management process and drives toward continuous improvement.
ESSENTIAL DUTIES/ACCOUNTABLE FOR:
- Manages the treasury and banking structure for Chugach Alaska Corporation and its subsidiaries, including the direct supervision of the Treasury Accountant, to ensure the daily treasury and banking operations are performed securely, timely and accurately.
- Maintains required bank accounts and performs the daily administration of bank accounts, investments, and/or debt obligations to include required funding and disbursement and compilation of cash position.
- Responsible for administering the treasury software including verification of data loading from banking and investment partners.
- Serves as the liaison with the treasury software vendor including communications regarding services, technical issues, new modules, upgrades, and security.
- Utilize the treasury software and reporting tools to create, maintain and publish standardized and custom reports (scheduled and ad hoc).
- Monitors internal and external lines of credit for compliance with covenants, renewals and recommendations on changes.
- Ensures data integrity including the record of bank accounts and account signers.
- Develops and maintains the cash forecast model.
- Monitors interest rates and analyzes the impact of changes.
- Identifies proper approval for transactions, initiates domestic and international funds transactions for settlement of obligations, and approves appropriate transactions.
- Research and recommend new banking relationships based on business needs.
- Recommend policies and process for monitoring regulatory compliance associated with the Treasury function.
- Monitors and analyzes bank fees and recommends cost savings.
- Performs internal review practices and recommends more efficient methods.
- Prepares materials and reports pertaining to treasury activities, including quarterly and annual reports and compliance reports for review by the Vice President of Finance.
- Recommends to Vice President of Finance treasury operational policies and procedures and maintains appropriate documentation and detail in accordance with treasury responsibilities and initiatives.
- Other duties as assigned
JOB REQUIREMENTS (Education, Experience, Professional Associations):
- Bachelor’s degree in Accounting, Business, Economics, or a related field or five (5) years’ progressive experience in a professional role relating to treasury or accounting
- Three (3) years’ progressive experience in a professional role relating to treasury or accounting.
- Previous experience with a multi-bank/multi-entity treasury structure
- Strong analytical and problem-solving skills.
- Advanced proficiency with Microsoft Excel and Word
- Good communication skills that include communicating with tact and diplomacy.
- Proven ability to work as a team player, as well as independently.
- Proven ability to meet deadlines and handle stressful situations.
- Demonstrated knowledge of general accounting practices including journal entries, reconciliations and good internal control practices.
- Certified Treasury Professional (CTP)
- Lawson software experience.
- Kyriba treasury software proficiency.
- Crystal report writing skills.
- Prior supervisory experience.
Five (5) years' progressive experience in a professional role relating to treasury or accounting may be substituted for Bachelor's degree.