The Treasury Operations Manager is responsible for managing daily banking and cash management activities while serving as the primary liaison with banking partners. This role will lead the transition to a new banking relationship, implement treasury services, support ERP integration efforts, and oversee lockbox and cash application processes. The position will also partner closely with Accounts Receivable and Accounts Payable to establish, enhance, and maintain strong financial controls, efficient workflows, and scalable processes.
This role is ideal for a hands-on treasury professional who enjoys building scalable processes, strengthening controls, managing banking relationships, and partnering across Finance to improve AR, AP, and cash management operations.
Key Responsibilities- Process ACH payments, wire transfers, and other banking transactions.
- Manage bank accounts, online banking platforms, and user access.
- Lead implementation of new banking services, including:
- ACH and wire functionality
- Positive Pay
- NACHA file transmission
- Lockbox services
- Fraud prevention tools
- Serve as the primary contact for banking partners.
- Support migration of multiple entities into a single ERP system.
- Coordinate bank and ERP integrations, testing, and process design.
- Implement and manage automated cash application processes.
- Review and resolve lockbox and cash application exceptions.
- Partner with AR and AP teams to design, document, and improve cash receipt, payment, and reconciliation processes.
- Help establish and strengthen internal controls related to cash management, disbursements, collections, and banking activities.
- Identify opportunities to automate workflows, reduce risk, and improve operational efficiency.
- Maintain treasury controls, banking documentation, and compliance with company policies.
Qualifications- 5+ years of treasury, banking operations, cash management, or related experience.
- Hands-on experience with ACH, wires, Positive Pay, NACHA files, and lockbox services.
- Experience working with ERP systems, banking integrations, and process improvement initiatives.
- Strong understanding of internal controls and financial operations.
- Strong organizational, analytical, and problem-solving skills.
Education & Experience- Bachelor's degree in finance, accounting or business required
- MBA or advanced degree in finance required
