Posted in: Executive Management in Philadephia | Posted: |
Job Description
The Liquidity Manager is part of the WTS Treasury team based in Trevose, PA and its main responsibility is to manage the company’s liquidity and provide support to the Senior Manager Treasury and VP Treasury.
The Manager will lead the designing and/or optimizing the daily cash positioning as well as preparing and optimizing the daily, weekly, and quarterly cash forecast per cash pool and for non-cash pooled entities.
The Liquidity Manager will supervise one Financial Analyst
The Manager will be assisting with the daily cash management requirements as needed and functioning as a back-up for other team members when needed.
Key Characteristics
Fast learner
Global mindset and capabilities to collaborate with colleagues around the world
Quick thinking and be able to prioritize
Ability to quickly and efficiently adjust priorities
Duties & Responsibilities
Lead the preparation and analysis of the ST cash forecast and manage immediate liquidity needs
In cooperation with the Senior Manager and VP Treasury prepare the daily and weekly CFF and distribute to Paris HQ. Manage any follow ups related to the CFF
Coordinate Holding Company Liquidity, including ensuring sufficient liquidity on all cash pools
Coordinate funding of non cash pooled bank accounts when needed
Coordinate Intercompany loans, including interest calculations and communicating throughout the company (subsidiaries, accounting, Cash Management)
Receive and analyse monthly IC payment file and ensure sufficient funding
Prepare Treasury reports on a weekly and monthly basis. Prepare ad hoc Treasury reports
Perform a weekly Variance analysis of the forecast and discuss the findings and recommendations with the VP and Sr. Manager Treasury
Assist with Treasury related activities as part of the month-end close.
Support the execution and review of payments, as required.
Assist with bank account management activities including preparing documentation and maintaining bank account database.
Implement process improvements to optimize treasury activities, automate functions and increase internal controls.
Ensure compliance with internal Treasury and Accounting policies