Treasury Manager - Treasure & Working Capital (AP/AR Management)

🌍 Remote, USA 🎯 Full-time 🕐 Posted Recently

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.

What You’ll Own

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

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 schedules and interest tracking
Covenant calculations and compliance reporting
Lender reporting packages and compliance calendars
Primary treasury contact with lenders (with VP/Controller oversight)

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

Journal entry posting or general ledger ownership
Financial statement close ownership
Budget ownership or long-range FP&A modeling
Final cash approval authority

What We’re Looking For

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

Turnaround, restructuring, or high-change environment experience
ERP implementation or optimization exposure
Audit and lender diligence experience
CPA, CMA, or MBA a plus

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