Treasury Manager
Cash Flow Management
Monitor and forecast daily, weekly, and long-term cash flows across multiple job sites and operating entities.
Ensure adequate liquidity to support payroll, subcontractor payments, equipment purchases, and project mobilization.
Banking & Financing
Manage relationships with banks, bonding companies, and equipment finance providers.
Coincide with credit facilities, letters of credit, and bonding requirements for construction projects.
Oversee loan compliance and debt service obligations.
Vendor & Project Payment Oversight
Align treasury operations with project billing cycles, retainage schedules, and payment terms with subcontractors and suppliers.
Support the project management and procurement teams in ensuring timely vendor payments without compromising cash reserves.
Treasury Operations
Manage all company bank accounts and banking platforms.
Recommend improvements to treasury systems, policies, and procedures to increase operational efficiency.
Maintain internal controls for treasury transactions and ensure compliance with regulatory requirements.
Risk Management
Monitor interest rate exposure and assess hedging options if necessary.
Assist with insurance renewals and coordination with risk management on bonding and liability issues.
Reporting & Analysis
Prepare regular reports on cash positions, forecasts, and liquidity metrics.
Provide actionable insights to senior management regarding capital allocation, investment opportunities, or financing needs.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA, CPA, or CTP preferred.
- 5+ years of experience in treasury or financial management, ideally in a construction, contracting, or field services environment (HVAC, electrical, plumbing, or similar).
- Strong knowledge of cash flow planning in project-based industries.
- Familiarity with construction billing, retainage, and payment applications.
- Proficiency with treasury management systems and Microsoft Excel.
- Excellent organizational, analytical, and communication skills.