Sr. Manager; Treasury Operations & Risk Management

Solve IMG • Full-time • Charlotte, North Carolina, United States • 1m ago

Solve Industrial Motion Group strives to be the trusted source for engineered bearings and power transmission solutions. Supported by a diverse range of products within Solve’s brand portfolio and our unmatched technical expertise, we have over 100,000 ready-to-ship components. At Solve we innovate with ambition, offering custom solutions in a wide range of applications. We obsess over our customers, leveraging our nationwide network for industry leading product availability, and best-in-class customer service. Our engaged team leads with integrity, and unites with purpose, driving toward innovation and continuous improvement every day.

POSITION DESCRIPTION: Reporting to the VP of FP&A, the Sr Manager, Treasury Operations & Risk Management will be responsible for leading the company’s treasury operations, liquidity management, cash positioning, banking relationships, and corporate risk management activities. The ideal candidate will exercise their strong analytical and problem-solving skills, focusing on optimizing banking infrastructure and cash management processes, maintaining strong treasury controls, managing short-term liquidity and investments and administering debt facilities. The Sr. Manager; Treasury Operations & Risk Management will oversee the company’s insurance programs by assessing insurance needs and exposures, maintaining appropriate coverage, and consistently evaluating insurance programs to ensure coverage remains aligned with the company’s evolving risk profile while balancing coverage, cost, and risk retention. The ideal candidate will lean into their strong communication skills, translating financial information into actionable recommendations for senior leadership. The Sr. Manager; Treasury Operations & Risk Management will have a demonstrated track record of driving process improvements, implementing treasury technologies and controls, and operating effectively in a fast-paced, evolving environment, including supporting the integration of newly acquired businesses and changing financial requirements.

RESPONSIBILITIES:
Treasury Operations & Cash Management Optimization

Manage banking relationships and support the implementation of treasury technologies, services, and process improvements, with a focus on improving efficiency, strengthening controls, and reducing banking and transaction costs
Establish and maintain a strong internal control environment over treasury activities, including bank signatories, user access, segregation of duties, payment authorization controls, and related policies and procedures
Ensure cash disbursements are properly authorized, accurate, appropriately supported, and recorded in accordance with company policies, including reviewing, approving, and releasing payments through banking platforms as part of established pay cycles

Liquidity Forecasting & Cash Positioning

Lead short-term liquidity forecasting and cash positioning activities to ensure adequate liquidity across the organization while optimizing returns on excess cash
Develop and maintain a rolling 13-week cash flow forecast, analyze forecast-to-actual results, identify emerging liquidity or funding needs, and recommend timely actions to management
Manage ongoing administration of the company’s debt facilities, including monitoring borrowing availability, interest payments, maturity requirements, and other contractual obligations
Manage short-term investment activities and available cash balances, evaluating investment alternatives based on liquidity requirements, counterparty exposure, market conditions, and risk considerations to ensure funds are appropriately positioned

Insurance & Corporate Risk Management

Lead insurance renewals in partnership with internal stakeholders, brokers, and carriers, including evaluation of coverage alternatives, limits, deductibles, pricing, and policy terms and conditions
Oversee the claims management process and coordinate with brokers, carriers, legal counsel, and business leaders as needed

QUALIFICATIONS:

Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field
8+ years of progressive experience in treasury, cash management, corporate finance, or related discipline
Strong working knowledge of treasury operations, banking infrastructure, cash management, financial instruments, credit facilities, and treasury best practices
Demonstrated expertise in liquidity management, cash flow forecasting, and development of short-term cash forecasts, including rolling 13-week cash flow models
Experience managing banking relationships, payment processes, treasury controls, and cash security, including segregation of duties, user access, and payment authorization controls
Working knowledge of debt facilities, short-term investments, interest rate exposure, and related treasury risk considerations Advanced proficiency with Excel and financial modeling
Experience managing or supporting corporate insurance programs, including renewals, coverage evaluation, and claims
Advanced Microsoft Excel skills, including complex financial modeling, data analysis, and use of advanced formulas and functions

PREFERRED QUALIFICATIONS:

Experience working in a private equity-backed environment, with an understanding of expectations related to cash generation, liquidity, leverage, operational discipline, and value creation
Experience with leveraged credit facilities, lender relationships, and debt administration
Experience with treasury management systems, banking platforms, or treasury technology implementations
CTP, CPA, CFA, or other relevant professional designation is a plus

OUR EMPLOYEE VALUE PROPOSITION:

Market competitive benefits package, including company-sponsored health coverage, life insurance, 401(k) plan with company match, paid parental leave and paid time off
Work in a collaborative environment with passionate and innovative teammates

Solve is proud to be an Equal Opportunity Employer and prohibits discrimination or harassment of any kind. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offence or stalking, or any other class or status in accordance with applicable federal, state, and local laws.