Senior Manager, Treasury

The Opportunity

The Senior Manager, Treasury is Ulteig’s leader is responsible for managing the fiduciary responsibility of the Company’s retirement plans (ESOP and 401(k)) while ensuring the Company is best utilizing its financial assets to invest in the business and maximizing return on assets. The Senior Manager, Treasury will have responsibility for cash management and short-term investments, banking relationships, investment management and managing the fiduciary responsibility of the Company’s benefit plans. Additionally, they will have responsibility for Payroll and Tax. The Senior Manager, Treasury will report to the Corporate Controller.

 

What You’ll Do

Ensures that Ulteig is best utilizing its financial assets to invest in the business and maximizing return on assets.   

• Create an annual plan and create long-term projections for capital and cash based on upcoming projects and Company needs. Anticipate borrowing needs and funds available for investments.
• Manage the firm’s liquidity and monitor the cash flow related to Ulteig’s collections and disbursements. Ensure sufficient funds are available to cover operational and capital investment needs.
• Ensure Company’s short-term and long-term funding needs are met while maximizing returns and minimizing costs and risk.
• Build Ulteig’s banking relationships to ensure the appropriate level of working capital is available. Maintain solid banking relationships for cash management, credit lines, and loans.   Establish market rate benchmarks and deliver performance results that meet or exceed the benchmark.
• Develop and execute Ulteig’s investment policy, investing excess capital and establishing monitoring provisions to ensure compliance with the policy.
• Provide leadership with strategies and alternative Capital Structures.
• Work with the Corporate Controller to create ensure fiduciary responsibilities are carried out as it relates to ESOP, 401(k) and investment policies. Create information and reports for Corporate Controller and CFO to share with the Board of Directors.  
• Be a leader within the ESOP community at both the regional and National level.
• Establish a process to select and monitor investment fund managers and performance.
• Perform risk management (liquidity, interest rates, ventures etc.)
• Keep abreast of changes in payroll, treasury and taxes that may impact the Company.
• Understand impact of various tax implications on legal structures and ESOPs. Supervise the filing of state and insurance tax filings.
• Maintain an efficient system of policies that adequately control treasury activities.
• Advise leadership of loans, liquidity and investments. Prepare and present financial reports on Treasury Management functions.
• Monitor third party activities handling outsourced treasury functions. Ensure that third parties have adequate controls.  Establish performance benchmarks and metrics.  Evaluate performance and report to management.
• Provide ESOP and Investment literacy to the Company.
• Support strategic finance initiatives as needed including M&A activities.

 

What We Expect from You

• Bachelor’s degree in finance, accounting or similar discipline required; Master’s degree strongly preferred.
• Minimum of 10 years of financial experience.  
• Ability to communicate, orally and written, to share organization priorities and results with key stakeholders.
• Strong interpersonal skills with the ability to establish and maintain effective working relationships.
• Demonstrates excellent facilitation presentation, verbal/written communications, time-management, interpersonal and organizational skills.
• Must be authorized to work permanently in U.S. 

 

As you consider applying for a position at Ulteig, we encourage you to think outside the box – because we do! You might not meet 100% of the skills listed in a description, but we are committed to hiring people with exceptional talent, ability and potential, and then creating an environment where they can become the best versions of themselves. We don’t want to miss out on the possibility of speaking with the next outstanding Ulteig team member, so please apply if you think this role is a great match for your unique skills and strengths. And, yes, relevant military experience is absolutely considered for transitioning service members.

 

What You Can Expect from Ulteig

Ulteig is a purpose driven organization that has built a culture focused on people – both our clients and our employees for over 75 years. Working at Ulteig is more than a job, it means you will have the opportunity to make a difference by creating and