Manager of Treasury

Department is Finance

Reports to Senior Vice President of Finance

FLSA Status is exempt

 

Objective and Purpose:

The Manager of Treasury is responsible for overseeing the company's treasury operations, including cash management, liquidity planning, risk management, and financial forecasting. This role involves developing and implementing strategies to optimize the company's financial performance and ensure sufficient liquidity to meet operational needs. The Manager of Treasury will work closely with senior management to provide financial insights and support decision-making processes.

Responsibilities:

 

• Oversee daily cash flow management and forecasting to ensure adequate liquidity.
• Oversee the various banking and credit card accounts for company operations.
• Manage banking relationships and negotiate banking services and fees.
• Work to develop improved means of providing credit to our customers.
• Identify, assess, and manage financial risks, including interest rate, currency, and commodity risks.
• Assess and implement fraud prevention and protection plans
• Reconcile cash to match the balance sheet
• Ensure compliance with internal controls and regulatory requirements.
• Collaborate with FP&A on financial forecasts, budgets, and variance reports.
• Provide insights and recommendations to senior management based on financial analysis.
• Manage treasury systems and ensure accurate and timely reporting.
• Develop and maintain treasury policies and procedures.
• Continuously improve treasury processes and systems for efficiency and effectiveness.
• Foster a collaborative work environment.
• Collaborate with accounting team during monthly close process

 

Requirements:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Entry Level Treasury (3-5 years)
• Manager experience is not required as there will be no direct reports.
• Must have proven background of banking interactions.
• Must be able to set up bank accounts.
• Must be able to manage banking relationships.
• Wells Fargo banking experience (Preferable, but not required)

 

Benefits:

• BCBS High Deductible & PPO Medical insurance Options
• VSP Vision Coverage
• PPO Dental Insurance
• Complimentary Life Insurance Policy
• Short-term & Long-Term Disability
• Pet Insurance Coverage
• 401(k) Plan
• HSA / FSA Account Access
• Identity Theft Protection
• Legal Services Package
• Hospital/Accident/Critical Care Coverage
• Paid Time Off
• Diverse and Inclusive Work Environment
• Strong culture of honesty and teamwork

About Us:

Specialty1 Partners is a practice services organization committed to providing non-clinical, business support services to the nation's leading specialty dental practices. The company was founded in 2019 by four endodontists who wanted to provide unique and differentiated support to specialty dental practices. Originally focusing on support to endodontics practices (under the Endo1 brand), Specialty1 Partners quickly expanded its support to periodontics and oral surgery practices.

Since its founding, Specialty1 Partners has grown rapidly to become one of the largest private owners of specialty dental practices in the US. Headquartered in Houston, TX, Specialty1 Partners is led by its founders and a management team that is focused on ongoing growth and delivery of best-in-class services across its network of practices. Specialty1 Partners currently has over 225 locations across 28 states.

 

Work Conditions:

• Candidate must be able to work in office 4 days a week and 1 remotely.
• Candidate must be able to travel as required for business needs.
• Candidate must be able to lift up to 25 lbs as needed.
• Candidate must be able to sit or stand for extended periods of time.

 

Salary: $110,000 to $120,000 / annum

Location: 1800 West Loop S., Suite 2000 Houston, TX 77027

Modality: In Person

We believe in transparency through the talent acquisition process; we support our team members, past, future, and present, to make the best decision for themselves and their families. Starting off on the right foot with pay transparency is just one way that we are supporting this mission. 

Position Base Pay Range$110,000—$120,000 USDSpecialty1 Partners is the direct employer of non-clinical employees only. For clinical employees, the applicable practice entity listed above in the job p