Manager, Treasury

As a global manufacturer of complex aircraft engine components, Pursuit Aerospace is founded on a commitment to relentless, continuous, operational improvement and extraordinary customer service. We pride ourselves on competitive cost structure, exceptional on-time delivery, and industry-leading quality. Pursuit Aerospace has cultivated long-term relationships with our customers around the world through respect, teamwork, technology, and trust. We are driven to develop industry-leading process innovations and manufacturing techniques on behalf of our customers. Our exceptional quality is driven by a deep investment in and the daily practice of continually improving our people, processes, and products.

Location: Manchester, CT. Hybrid role requiring onsite presence 4 days per week.

About the Role

Reporting to the Chief Accounting Officer, this position is responsible for the stewardship of financial assets and debt, including overall responsibility for cash, debt, and investment management. The Manager, Treasury understands the business and manages financial risks including operational, interest rate, and credit risk. The ideal candidate will have experience in corporate treasury, implementing financial strategies, and creating and driving significant process improvements that enhance organizational efficiency.

Responsibilities

• Manages the organization's financial resources, monitors cash inflows and outflows, forecasts cash needs, and ensures the availability of funds to cover operations expenses, investments, and debt obligations.
• Supports corporate liquidity, investments, and risk management related to the company's financial activities.
• Develops comprehensive treasury strategies and policies that align with the organization's financial objectives and risk tolerance.
• Evaluates and recommends improvements to treasury processes and systems to enhance efficiency and control.
• Maintains complex cash forecast models to assist in determining future cash needs of the organization.
• Manages and ensures accuracy and timeliness of debt and cash financial information, including cash forecasting and related accrual accounts.
• Manages treasury operations to ensure efficient cash management and adequate liquidity to meet day-to-day worldwide operational and strategic business needs.
• Maintains an excellent relationship with the company's banking partners (both commercial/investment banks), including all lender reporting.
• Manages payment processing and fraud prevention functions.
• Ensures compliance with financial arrangements—loans, bond covenants, and all compliance certificates.
• Ensures treasury activities are in compliance with policies, accounting guidelines, governance policies, and internal controls.
• Supports the company insurance strategy including insurance programs for property, casualty, D&O, cyber, and general liability.
• Performs other related duties as assigned.

Requirements

• Bachelor's Degree in Finance, Economics, or Accounting.
• 3+ years of progressively responsible treasury experience, plus 2 years of management experience.
• Must be authorized to work in the U.S. on a full-time basis without sponsorship now or in the future.
• Must be able to perform work subject to ITAR/EAR regulations.

Preferred Qualifications

• Master’s Degree preferred.
• Strategic mindset with the ability to think analytically, problem-solve, and provide actionable solutions to drive business performance.
• Ability to work independently as well as collaboratively; effectively managing priorities while meeting tight deadlines.
• Effective communication skills with the ability to convey complex information and key concepts adapted for internal and external audiences.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Thorough understanding of derivatives, hedging, investments, bank account management, and funds flows.
• Knowledge of capital and currency markets, accounting, finance, and tax.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Experience in SEC reporting & SOX compliance, as well as statutory and GAAP reporting.
• Mergers and Acquisitions experience.

Working Conditions

• Prolonged periods sitting at a desk and working on a computer.
• Frequent sitting, standing, and walking.
• Ability to lift and carry up to 15 pounds.
• Personal protective equipment (e.g., safety glasses and safety shoes) is required on the shop floor.
• Occasional weekend and evening work may be required to accommodate priorities, deadlines, and schedules.

Benefits

• Health and disability insurance.
• 401(k) match.
• Flexible spending accounts.
• Employee Assistance Program (EAP).
• Paid time off and company-paid holidays.

The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements, among other things.