AP & Treasury Manager

Job Responsibilities

1. Lead and manage a team of professionals in the Treasury and Accounts Payable (AP) departments.
2. Review and approve cash management transactions, including wire transfers, payment processing, and bank reconciliations.
3. Oversee and ensure the smooth functioning of Treasury and AP processes, including cash management, liquidity forecasting, payment processing, vendor management, and reconciliation.
4. Develop and maintain policies, procedures, and controls related to Treasury and AP activities, ensuring compliance with applicable regulations and company guidelines.
5. Collaborate with cross-functional teams to optimize cash flow, minimize financial risks, and enhance working capital management.
6. Stay updated with industry trends, best practices, and regulatory changes related to Treasury and AP functions, and implement necessary adjustments to improve efficiency and effectiveness.
7. Conduct regular performance evaluations, provide feedback and coaching, and identify training needs to ensure the professional growth and development of team members.
8. Prepare and present periodic reports on cash flow, accounts payable status, and vendor balances to management.
9. Manage the process of coding, recording, and processing invoices, expense reports, and employee reimbursements.

Job Qualifications

• Bachelor’s degree in accounting, finance, or related field
• Previous experience as a supervisor in Treasury and/or AP functions
• Solid understanding of cash management principles, financial analysis, and payment processing.
• Processing, vendor management, reconciliation, and compliance requirements.
• Strong analytical and problem-solving abilities, with the capability to interpret financial data and make informed decisions.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams, senior management, and external stakeholders.
• Detail-oriented mindset with a focus on accuracy and quality in all tasks performed.
• Knowledge of relevant regulatory frameworks and compliance requirements in treasury and accounts payable.