Senior Treasury Manager

Job description :

Our client is a major Canadian company, recognized as a leader in its industry. With a national and international presence, the organization operates an extensive network of facilities and employs several thousand people.

Experiencing strong growth for several decades, the company has developed a diversified service offering in recycling, materials recovery, industrial services, specialized manufacturing, as well as demolition and dismantling. Through its commitment to innovation, operational excellence, and sustainable development, the company actively contributes to the circular economy and environmental protection.

Position Description

Reporting to Finance leadership, the Senior Manager, Treasury is responsible for the day-to-day management and oversight of the organization's treasury activities. This includes liquidity management, cash flow forecasting, banking relationship administration, and support for activities related to financial risk management.

Key Responsibilities:

Liquidity Management and Cash Flow Forecasting

• Monitor daily liquidity, bank balances, and short-term financing needs.
• Prepare and maintain weekly and monthly cash flow forecasts.
• Monitor working capital movements and flag any significant risks or variances.
• Support liquidity transfers and financing between the organization's various entities.

Banking and Treasury Operations

• Administer bank accounts, signing authorities, mandates, and access to banking platforms.
• Act as the main point of contact with financial institutions for day-to-day operations.·Analyze bank fees, investigate discrepancies, and propose optimization opportunities.
• Monitor banking documentation, renewals, and compliance requirements.

Financial Risk Management

• Monitor exposure to foreign exchange and interest rate fluctuations.
• Execute hedging transactions in accordance with established policies.
• Ensure compliance with internal treasury policies and controls.

Reporting, Controls, and Compliance

• Prepare treasury reports for management, including liquidity, debt, risk indicators, and related items.
• Participate in internal and external audits as well as compliance activities.
• Maintain up-to-date treasury documentation, policies, and procedures.

Continuous Improvement

• Administer treasury management systems (TMS), banking platforms, and reporting tools.
• Identify opportunities for process improvement and strengthen internal controls.
• Participate in system implementation, enhancement, or optimization projects.

Collaboration

• Work closely with the accounting, FP&A, accounts payable, accounts receivable, tax, and legal teams.
• Act as a treasury subject matter expert and support the development of team members as needed.

Benefits

• Competitive total compensation.
• Comprehensive group insurance plan from the start of employment.
• Group retirement savings plan with employer contribution.
• Telemedicine service available at all times.
• Vacation offered upon hiring.
• Financial assistance program for professional development and training.
• Social activities and events organized throughout the year.
• On-site fitness centre.
• Modern facilities, including dining areas.
• A stimulating, collaborative, and constantly evolving work environment, offering the opportunity to contribute to large-scale projects.

Skills and qualifications :

Requirements

• Bachelor's degree in finance, accounting, economics, or a related field.
• 6 to 9 years of progressive experience in corporate treasury, liquidity management, or corporate finance.
• Excellent understanding of treasury management, liquidity forecasting, banking operations, and treasury controls.
• Experience working with multiple financial institutions and strong knowledge of various financial instruments.
• Advanced proficiency in Microsoft Excel and strong financial analysis skills.

Desired Skills

• Hands-on, execution-oriented approach with strong attention to detail.
• Excellent analytical, problem-solving, and decision-making skills.
• Ability to manage multiple priorities independently and meet tight deadlines.
• Excellent communication skills and ability to collaborate effectively with multidisciplinary teams.
• Professional judgment, discretion, and ability to assess financial risks rigorously.