New

Treasury Manager

Vaco
$110,000.00 - $120,000.00 / yr
United States, Tennessee, Memphis
Feb 26, 2025
Vaco is assisting their client in the Memphis, TN area with their search for a Treasury Manager. The position reports to the CFO. Position Overview: The successful candidate will directly supervise at least one team member and will be a key player in leading the corporate and property cash management operations. The candidate will lead a team, drive process improvements, and contribute to the financial success of a growing organization. Duties/Responsibilities: Lead day-to-day cash management operations Assist in the development and implementation of goals and priorities for cash management Review, document, and maintain consistent cash management policies, practices and procedures; monitor for enhancements and updates Maintain and manage banking relationships and partners, ensuring alignment with the company's financial goals. Negotiate banking services and fees to optimize financial operations. Provide leadership to a team of associates, fostering a culture of accountability, mentorship, and professional/personal growth. Oversee the administration of banking systems including bank account setup, signature documentation, and access maintenance, ensuring compliance with all regulatory requirements and best practices. Manage all aspects of the money movement process, including wires, ACHs, client payment processing, and bank transmissions. Serve as the primary point of contact for cash management inquiries and for addressing payment discrepancies and payment returns, and escalate challenges to senior leadership as needed. Oversee daily cash positioning activities, including managing daily liquidity, cash position reconciliation, and bank reporting. Identify opportunities for process optimization and automation, streamlining cash management workflows to enhance efficiency and accuracy. Implement best practices and continuously improve cash management policies, procedures, and internal controls in alignment with industry standards. Assist in the preparation of financial reports and ad hoc analysis for senior management. Other duties and special projects as assigned. *Required Skills/Abilities:* In-depth knowledge of cash management systems, banking systems, and financial reporting processes. Strong decision making, problem-solving, and analytical skills, and ability to think critically in resolving payment and banking issues. Proven ability to manage, mentor, and develop a team in a fast-paced environment. Excellent communication and interpersonal skills, with the ability to collaborate across departments. Strong understanding of accounting concepts, industry accounting practices, GAAP, and cash management functions. Proficiency in advanced Excel, with the ability to analyze and manipulate large datasets. *Education and Experience:* 4-year college degree or equivalent required. MBA and/or treasury certification (CTP) highly preferred. Cash management experience within the multi-family or property management industry is highly desirable. 6+ years of experience in a related field, preferably in treasury, cash management, or finance. 2+ years of experience in a leadership or management role. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.