Treasury Manager

JOB SUMMARY:

Manages and performs all Treasury & Cash Management functions including Company-wide Cash Forecasting, Daily Cash Reporting, miscellaneous Foreign Exchange and Wire Transfer Operations. Provides senior management with a variety of analytical reports including Cash Book Balance, Daily Debt/Investment Summary and Rolling Two Week Cash Forecast. Acts as liaison between the Treasury & Cash Management Department and a variety of internal/external sources including Adecco Group Treasury, bank account officers, department heads, key subsidiary personnel, relationship banks and treasury technology providers.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Determines daily cash position and makes recommendations on investments and borrowing decisions for Adecco and subsidiaries.

Manages the consolidation of Company-wide cash forecasting for various time frames (daily, weekly, monthly, etc.). Supervises the gathering of cash forecasting variables from team members and subsidiaries and provides variance reports regarding cash forecasts and actuals to senior management.

Ensures that all bank accounts have sufficient cash available and that all wire and ACH transactions have been executed correctly.

Conducts cash pool management and bank account structure optimization initiatives.

Manages transition and onboarding to new banks and bank accounts including completing KYC requests from banks, regulators, exchanges, and other external partners.


Maintains relationships with Adecco’s bank relationship managers (fee negotiation, customer service, new products, optimization initiatives, etc.).

Issues and monitors Letters of Credits/Bank Guarantees, as needed.

Coordinates with various departments to obtain appropriate cash reporting and implement procedures that increase and maintain accurate cash management.

Optimizes and maintains a system of policies and procedures that impose an adequate level of control over treasury activities.

Supports internal and external audits.

Assists in the preparation of the Treasury & Cash Management Department's annual budget.

Manages and reviews fraudulent activity/procedures to ensure that these activities are being accounted for properly.

Performs all duties inherent in a managerial role. Identifies and develops required staff structure and/or outside resources required to accomplish role and responsibilities.

Supports Group Treasury in all group-wide treasury technology projects including bank connectivity, real-time payments, digital wallets.

Supports Group Treasury in acquisition on-boarding & integration as well as divestitures when it comes to treasury and cash management.

Leads special projects and performs other duties as assigned.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations will be made upon request to enable individuals with disabilities to perform the essential functions.

EDUCATION/EXPERIENCE & OTHER POSITION REQUIREMENTS:

Bachelor’s Degree in Business Administration of Finance or Accounting required.

A minimum of 7 years treasury & cash management experience including three years in a managerial role required.

Expert knowledge of policies and processes in treasury, bank, cash management, cash pooling, and financial markets required.

Expert knowledge of treasury technology, interfaces to the banking systems.

Expert knowledge of accounting and financial principles and practices required.

Excellent analytical and mathematical skills required.

Effective communication and project management skills are essential.

Experience with treasury and cash management tools and implementation projects with such systems as TIS, Kyriba, and Oracle Cloud preferred.

ADECCO RETAINS THE RIGHT TO CHANGE OR MODIFY JOB DUTIES AT ANY TIME. THE ABOVE JOB DESCRIPTION IS NOT ALL ENCOMPASSING. NEEDS AND REQUIREMENTS MAY VARY BETWEEN LOCATIONS AND ACCORDING TO BUSINESS NECESSITY.

Company Overview:

Adecco Group North America, through an impressive portfolio of staffing industry leading brands including Adecco General Staffing, Entegee, Lee Hecht Harrison Professional Recruitment, Modis, and Pontoon is the world’s leading provider of Human Resources solutions.

We are the workforce experts delivering staffing and career service solutions to organizations and individuals across all industries. Collectively we harness the power of some of the greatest talent in the world. That talent and expertise allows us to do business globally and act locally with deep knowledge in niche areas.

Every day, we have more than 100,000 associates on assignment, 30,000 colleagues working internally to support more than 10,000 clients in the United States and Canada. Ensuring our business units are prepared to deliver outstanding service to our associates and clients, the Adecco Group North America team provides a strong infrastructure through our corporate and shared services teams.

Equal Opportunity Employer Veterans/Disabled The Company will consider for employment qualified applicants with arrest and conviction records The Company may require proof of COVID-19 vaccination at time of hire based on client policies or certain regulatory requirements. As such, TAG may require you to report your COVID-19 vaccination status at time of hire unless prohibited by a state law. The Company will consider requests for exemption based on medical/disability or religious reasons, or additional reasons if permitted by state law.

Posting date: 03-31-2022