Manager, Treasury

Company : ABC Fitness Solutions

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Job Description

INTRODUCTION:

The Manager, Treasury is responsible for the planning and execution of day-to-day and period-end Treasury activities including managing the company's cash flow forecast, identifying cost-saving and profit maximizing opportunities and ensuring compliance with company, department and audit standards to maximize the protection of the company's cash assets. Oversees the revenue of business. Partners with various departments to create the vision, strategy and standards by which the Treasury department provides leadership and value to the organization. Manages all banking needs, in a fast-paced and growth-oriented environment.

WHAT YOU'LL DO:

• Identify opportunities and implement treasury-related business process improvements including multi-lateral netting and cash pool structures via in-house banking.
• Review, approve and release electronic disbursements.
• Develop and support treasury policies, procedures and controls.
• Support special projects and acquisitions as assigned.
• Lead the treasury month-end close process including the review and accurate recording of weekly cash activity to the general ledger.
• Supervise maintenance and update signatories on every global bank account.
• Oversee the monthly reconciliation of all company bank accounts.
• Review and approval of ACH and wire payments
• Daily cash positioning and reporting
• Track cash investment activities
• Troubleshoot daily transaction issues.
• Prepare, review and maintain SOC compliance within the department; ensure proper controls exist over cash receipts, disbursements and general treasury activities.
• Perform periodic cost review of bank fees.
• Review and negotiate treasury contracts with banks.
• Identify and recommend process improvements.
• Oversee daily cash forecast and global cash position reporting.
• Identify opportunities for and support global cash movements including documentation of intercompany loans.
• Maintain strong bank relationships while managing global banking structure.
• Leverage existing banking relationships to open, manage and maintain domestic and foreign bank accounts.
• Monitor and oversee existing bank account services and signatories including bank account administration for opening, migrating and closing accounts.
• Evaluate and recommend banking products, services and platforms as appropriate.
• Serve as primary administrator on online banking platforms and treasury platforms.
• Monitor FX exposures and develop recommendations to create natural currency hedges.
• Assist with development, maintenance and operations of other hedging activities including exposure gathering.
• Effectively work with and support internal business partners including AR, AP, legal, tax and IT
• Work with internal and external auditors
• Manage corporate card, ACH debits and credit card.
• Develop, monitor and upgrade treasury department budget.

WHAT YOU'LL NEED TO HAVE:

• Bachelor's degree in accounting or finance required.
• CTP, MBA, or CPA preferred.
• 5+ years of treasury and/or accounting experience
• At least 1-2 years' experience with managing a team.
• Experience with payment processing and/or software-as-a-service industries
• Excellent communication skills in dealing with internal and external customers and business partners.
• Strong analytical, financial and systems skills, including advanced spreadsheet and modeling skills.
• Strong experience with bank reconciliations
• Knowledge of banking systems and experience with wire and ACH templates is a plus.
• Self-motivation and attention to detail
• Strong organizational and decision-making skills

AND IT'S GREAT TO HAVE:

• Workday ERP experience
• Kyriba or Trovata experience
• Nacha processing experience
• Mergers & Acquisitions experience
• Private equity background

WHAT'S IN IT FOR YOU:

• Purpose led company with a Values focused culture - Best Life, One Team, Growth Mindset
• Time Off - with our open PTO policy, you pick when you want time off when it's best for you!
• Days of Disconnect - once a quarter, we take a collective breather and enjoy a day off together around the globe. #oneteam

• Parental & Pawternity Leave - we offer leave for when your family grows by two feet or four paws!
• Fitness Perk - we are committed to meeting you wherever you are in your fitness journey with a quarterly reimbursement
• Discounts - access to discounts with our partners, such as Dell, Microsoft & many more.
• Medical/Dental/Vision coverage
• EAP - we get you help when you need it. Period.

• Calm App +4 - enjoy tranquility with a Calm App subscription for you and up to 4 dependents over the age of 16
• And more! - so many benefits we couldn't even fit them all here!

We're committed to diversity and passion, and encourage you to apply, even if you don't tick all the listed skillsets!

ABC'S COMMITMENT TO DIVERSITY, EQUALITY, BELONGING AND INCLUSION:

ABC is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We are intentional about creating an environment where employees, our clients and other stakeholders feel valued and inspired to reach their full potential and make authentic connections. We foster a workplace culture that embraces each person's diversity, including the extent to which they are similar or different. ABC leaders believe that an equitable and inclusive culture is not only the right thing to do, it is a business imperative. Read more about our commitment to diversity, equality, belonging and inclusion at abcfitness.com

ABOUT ABC:

ABC Fitness (abcfitness.com) is the premier provider of software and related services for the fitness industry, and has built a reputation for excellence in support for clubs and their members. ABC is the trusted provider to boost performance and create a total fitness experience for over 31 million members of clubs of all sizes whether a multi-location chain, franchise or an independent gym.

Founded in 1981, ABC helps over 24,000 gyms and health clubs globally perform better and more profitably offering a comprehensive SaaS club management solution that enables club operators to achieve optimal performance. ABC Fitness is a Thoma Bravo portfolio company, a private equity firm focused on investing in software and technology companies (thomabravo.com).

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!