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Oakbrook Terrace IL Full Time Posted: Thursday, 12 January 2017
Applicants must be eligible to work in the specified location
Cash & Treasury Operations Manager

Position Overview

The Cash & Treasury Operations Manager manages all aspects of the cash management function providing critical oversight and cross-functional collaboration and support to ensure completion of company liquidity needs. This position has broad responsibility for daily cash management, cash flow analysis and reporting, debt management and compliance, bank relationship management, and ERP and non-ERP bank services implementation. The Cash & Treasury Operations Manager provides ongoing subject matter expert support, offering regular advisory support to other cross-functional teams within the finance organization.

Key Responsibilities

  • Manage daily liquidity and bank account positions to support all company-related disbursements. Monitor volatility in operational cash flows impacting deposits and increasing debt service costs
  • Manage the execution of and security controls over Treasury related ACH, Wire and Foreign Exchange payment transactions
  • Recommends and manages initiatives designed to optimize banking architecture to support cash management work flows & access to liquidity
  • Develop cash forecast model and present to senior leaders
  • Provide key support on debt covenant compliance, including the quarterly reconciliation and analysis of cash flows to validate balance sheet determination of Excess Cash Flow (ECF)
  • Invest idle cash to maximize return while maintaining adherence to the Company's Investment Policy
  • Execute and report company borrowing activities
  • Work closely with Accounting, FP&A and Tax to support debt covenant reporting and compliance
  • Manage banking relationships, implement and maintain Treasury Management services including company ERP treasury Workstation interfaces, and online banking access and controls
  • Monitor and report bank fees, and manage bank account authority updates
  • Manage Treasury related services to employee and business units, including cash vault and credit card services
  • Lead system configuration, implementation and enhancements for Cash and Treasury Operations functions, partnering closely with IT in order to establish more efficient workflows
  • Maintain and enhance internal controls, policies and procedures for treasury activities ensuring compliance for all cash, FX, debt transaction, and related financial reporting
  • Manage the relationship and contractual arrangement with the Company's credit card processing vendors for the core rental business
  • Various special projects and ad hoc analyses as assigned
Education & Experience
  • BA Finance, Accounting or related field required
  • 8+ years minimum experience in corporate treasury, cash management or banking
  • CTP certification or equivalent
  • Competent in Accounting systems and processes
  • Previous experience implementing or supporting a Treasury Workstation, or similar systems supporting straight-through-processing transaction workflows
Knowledge, Skills & Abilities
  • Must have excellent organizational and time management skills
  • Strong communication skills, both technical and interpersonal, with the ability to manage multiple stakeholder interests
  • Knowledge of internal company financial work flows and external financial service options
  • Ability to build consensus among various groups
  • Strong knowledge of Microsoft Office including Excel and PowerPoint

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization.

For Compensation Use Only

Revision Date: January 2017
Job Code:
Pay Grade: 61
FLSA Status: Exempt

Redbox®, Coinstar®, ecoATM and Gazelle® are always on the lookout for innovative thinkers. As part of Outerwall's growing portfolio of products and services, they're redefining retail-making everyday life a little simpler and better. If you like solving problems in new ways, if you're passionate about ideas that become businesses and you want to be part of a team that values you for everything you are, check us out. You'll find a diverse, dynamic and welcoming work environment full of exciting challenges and endless opportunity.

Grow your career at Outerwall with an exciting brand like Coinstar, Redbox, ecoATM or Gazelle. At Outerwall, we believe that diversity and inclusion create organizational strength. If you need an accommodation to complete our application process, please contact us at (see below) . Equal Opportunity/Affirmative Action Employer Minorities/Females/Protected Veterans/Persons with Disabilities

Applicants and employees are protected from discrimination under Federal law. For more information please see EEO is the Law .

Posting Notes: || United States || Illinois || Oakbrook Terrace || ||

Oakbrook Terrace IL, United States of America
1/12/2017 3:59:58 AM

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