Treasury Manager

This is a fully remote position, open to applicants in North Carolina.

📋 Description

• Managing daily cash positioning across all bank accounts, legal entities, and currencies — ensuring the organization maintains full visibility of its cash status on a daily basis.

• Overseeing the execution of wire transfers, ACH transactions, and other payment processes with appropriate controls, approvals, and audit trails in place.

• Supervising the administration of banking portals, including user access management, account setup procedures, and daily operations of bank accounts.

• Managing the investment of surplus cash balances in alignment with established investment policies.

• Assisting in debt management compliance activities — such as scheduling interest payments, tracking amortization, and maintaining loan covenant monitoring schedules in collaboration with the SVP - Corporate Finance, Investor Relations & Treasury.

• Integrating new acquisitions into CBB treasury operations, policies, and banking account structures.

• Overseeing treasury management systems (TMS), banking portals, and associated technology infrastructure.

• Responsible for the 13-week rolling cash flow forecast — a key deliverable reviewed by senior management, lenders, and advisors. Accountable for accuracy, weekly updates, and variance analysis against actuals.

• Collaborating with business units, FP&A, and operations to gather necessary inputs and ensure that the forecast accurately reflects current business conditions.

• Preparing monthly cash reporting packages for senior management, which include liquidity summaries, borrowing base updates, and working capital trend analysis.

• Collaborating with the FP&A team on annual budgeting and quarterly reforecasting, providing treasury insights on interest expenses, cash positioning, and debt service.

• Analyzing cash conversion cycles and identifying opportunities for working capital optimization.

• Assisting with month-end close activities, including interest and debt entries, reconciliations, and variance commentary.

• Implementing and maintaining treasury policies, procedures, and internal controls.

• Monitoring counterparty credit risk and ensuring compliance with established exposure limits.

• Providing foreign exchange exposure data and reporting to support hedging decisions made by the SVP - Corporate Finance, Investor Relations & Treasury and Legal.

• Ensuring SOX compliance readiness for all treasury processes; coordinating with shared services and operational units on operational controls.

• Driving automation and efficiency improvements in cash management workflows.

• Evaluating and implementing treasury technology solutions to accommodate increasing operational complexity.

• Developing and maintaining treasury reporting dashboards and KPIs.

• Supporting ERP implementations and system integrations that impact cash management and treasury operations.

• Directly managing and developing the team, setting priorities, ensuring quality of work, and enhancing team capabilities.

• Coordinating operationally with the Concur expense management team to ensure alignment between expense processing and cash positioning.

• Serving as the primary operational point of contact for banking partners regarding daily account and service matters; escalating relationship and negotiation issues to the SVP, Corporate Finance, Investor Relations & Treasury.

• Collaborating with FP&A, Accounting, Legal, and business unit finance teams to ensure that treasury operations are fully integrated with broader financial processes.

⛳️ Requirements

• A Bachelor's degree in Finance, Accounting, Economics, or a related field.

• CTP certification preferred.

• A minimum of 6 years of progressive experience in treasury, cash management, or corporate finance within decentralized, multi-entity organizations.

• Experience in working with Mergers & Acquisitions.

• Proven track record in owning cash flow forecasting in high-visibility environments (lender reporting, restructuring, or capital-intensive businesses preferred).

• Advanced proficiency in Excel and financial modeling.

• Experience with treasury management systems (TMS) and banking portals.

• Knowledge of banking products, payment systems, and capital markets.

• Familiarity with FX exposure concepts and hedging instruments; execution experience is a plus.

• Understanding of SOX compliance requirements and internal controls.

• Prior experience in private equity-backed companies and/or public company settings preferred, but not mandatory.

• Experience in manufacturing, industrial, or building materials sectors is a plus, but not required.

🏝️ Benefits

• Medical, dental, and vision benefits starting from day one.

• 401k plan.

• Paid time off (PTO).

• Paid holidays.

• Flexible Spending Account (FSA).

• Life insurance.

• Long-Term Disability (LTD) coverage.

• Short-Term Disability (STD) coverage.

• Employee Assistance Program (EAP).

• Discount programs.

• Tuition reimbursement.

• Training opportunities.

• Professional development initiatives.