Job Description
Job Overview
We are seeking a Finance Manager – Treasury & Working Capital to play a critical role in strengthening cash visibility, liquidity execution, and working capital discipline in a dynamic operating environment.
This position serves as the #2 to the VP/Controller for cash and treasury execution, while the VP/Controller remains accountable for overall cash, controls, and compliance. The role is highly visible and hands-on, with direct impact on liquidity, lender reporting, and operational stability.
This role will also provide day-to-day leadership and structure to the Accounts Payable and Accounts Receivable functions to ensure disciplined execution, escalation management, and improved cash conversion.
- Duties
- What You’ll Own
- Treasury & Cash
- Daily and weekly cash position reporting
- Rolling 13-week cash flow forecast
- Banking portals, controls, and access management
- Cash movement coordination across AP, AR, and Accounting
- Standardization of cash reporting cadence and visibility for leadership
- Working Capital Execution (AP & AR Ownership + Management)
- Operational ownership of AP and AR cash execution mechanics
- Direct management and coordination of AP and AR teams, including prioritization and workflow discipline
- Payment run planning, cash planning, and disbursement timing coordination
- Collections cadence, cash application visibility, and dispute tracking
- AP and AR aging management, including escalation of liquidity risks
- Establishment of structured weekly AR/AP review cadence with measurable targets
- Drive improvements in DSO, payment discipline, vendor communication, and issue resolution
- Debt & Lender Reporting
- Debt schedules and interest tracking
- Covenant calculations and compliance reporting
- Lender reporting packages and compliance calendars
- Primary treasury contact with lenders (with VP/Controller oversight)
- Controls & Risk
- Review of bank reconciliations and cash-related entries
- Enforcement of segregation of duties and cash controls
- Support audits and lender reviews related to cash and working capital
- Improve discipline around approvals, payment release controls, and reporting integrity
- What You Won’t Own
- Journal entry posting or general ledger ownership
- Financial statement close ownership
- Budget ownership or long-range FP&A modeling
- Final cash approval authority
- Requirements
- What We’re Looking For
- Required
- Bachelor’s degree in Finance, Accounting, or related field
- 7+ years of progressive finance, treasury, or working capital experience
- Strong hands-on experience with:
- Cash management and forecasting
- AP and AR cash processes and execution discipline
- Banking portals and cash controls
- Debt, interest schedules, and covenant reporting
- Advanced Excel skills
- Experience in manufacturing, distribution, or asset-intensive environments
- Ability to manage teams, drive accountability, and improve execution processes
- Preferred
- Turnaround, restructuring, or high-change environment experience
- ERP implementation or optimization exposure
- Audit and lender diligence experience
- CPA, CMA, or MBA a plus
- Why This Role Is Compelling
- High-visibility role with direct impact on liquidity and operational stability
- True ownership of treasury and working capital execution
- Direct leadership responsibility over AP/AR to drive measurable cash improvements
- Close partnership with executive leadership in a turnaround environment
- Opportunity to stabilize processes and build scalable finance operations
- Strong growth and leadership exposure post-turnaround
Pay: $110,000.00 - $140,000.00 per year
- Benefits:
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: Remote
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