Treasury Operations Manager

Reporting to the Treasury Director, the Treasury Manager interacts with Corporate Accounting, Tax, Payables and Receivables, and Audit. The candidate must be a quick learner, have strong communication and analytical skills, and possess strong interpersonal and leadership skills. The candidate must also have experience operating in a Sarbanes-Oxley environment. The candidate should also possess intellectual curiosity, strive toward continuous improvement, not be satisfied with “same as last year” approaches to issues, and be willing to compete in a high-performing corporate culture.

Essential

• ◆Monitor daily cash position and ensure adequate liquidity for operational needs.• Develop and maintain detailed short-term and long-term cash flow forecasts.• Implement automation tools to streamline cash forecasting and reporting processes.• Identify and implement strategies to optimize cash balances and minimize idle balances.• Oversee cash management operations to include daily cash administration and management of bank accounts.• Oversight of daily treasury operations, including wire transfers, ACH payments, and cash pooling. • Oversee bank account administration, including account openings/closures, and signatory updates.• Negotiate and manage bank fees.• Execute on liquidity needs for working capital and invest short-term excess cash. Manage execution of inter-company netting, inter-company lending, dividends, and capital injections. • Manage execution of foreign exchange hedging programs, settlements, and reporting.• Drive continuous improvement of treasury operations to maximize team productivity.• Ensure adherence to best practices in cash management and treasury operations.• Ensure compliance with internal controls, policies, and procedures. Develop and monitor treasury operational policies. Manage Sarbanes-Oxley compliance for Treasury operations.• Support external and internal audits related to cash and treasury operations.• Supervise and mentor treasury operations team.

Position

• ✓Bachelor's degree in finance or equivalent experience.

Candidate should possess a Certified Treasury Professional Certification.

5-8 years of overall experience in cash management in a corporate or a banking environment. • Strong analytical, financial and systems skills are required.• A self-starter who can identify opportunities and has ability to execute projects. • Ability to quickly learn new Treasury areas, even if no prior direct experience.• Not afraid to be part of a high-performing corporate culture that continually seeks to improve.• Experience working in global business environment a plus. • Experience with TMS and foreign exchange trading platforms.• Familiarity with SAP is a plus.

#Corp

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range