Accounting and Cash Manager

Accounting and Cash Manager 

Job Summary: 

Corporate Accounting and Cash Manager – is responsible for managing daily banking/treasury and debt-related accounting activities to ensure accurate cash reporting, compliance with borrowing requirements, and optimal liquidity.  This role supports global cash management and credit facility operations, including accounts in the US and UK, and partners closely with the Global Corporate Controller and CFO. This role also has primary responsibility for hands-on Asset Base Lending (ABL)/borrowing base and lender compliance reporting. 

Primary Job Role 

Treasury 

• Monitor daily cash positions across all bank accounts for the US teams to ensure adequate liquidity for operations 

• If necessary, flag any potential cash-flow issues for executive decision making 

• Forecast short, and long-term cash needs for US and coordinate cash forecast with international divisions. 

• Present consolidated 13-week cash flow forecast to the executive team for liquidity, transparency and operational decisions. 

Cash Management 

• Weekly cash forecasting of expected cash inflows and outflows 

• Review customer and vendor balances with Financial Management for near-term cash purposes 

• Coordinate and communicate with Financial Management to ensure cash availability is managed efficiently 

 ABL Facilities and Lender Compliance 

• Manage Asset-Based Lending (ABL) facilities, including daily loan activity, borrowing base certificates and monthly lender reporting. 

• Borrowing Base audits 

• BB availability forecasting, in coordination with Global Corporate Controller and CFO 

• Bi-annual appraisal of assets 

• Monthly Lender reporting (coordinate with Global Corporate Controller) 

• Prepare lender compliance certificates and communicate with Financial Management 

• Lender compliance forecasting 

Accounting/Other 

• Perform debt and interest-related account reconciliations, ensuring alignment between the general ledger and loan systems 

• Support process automation and continuous improvement in treasury reporting and controls. 

Essential Job Competencies 

1. Manage Change: Embrace change and assist all other individuals impacted by a change to make successful personal transitions that enable them to engage, adopt and use a change. 

2. Communication: Uses active listening skills, conveying information with the appropriate medium that is clear and easily understood. Uses feedback to verify effective and accurate communication has occurred. Ensures that others having a need to know are kept informed about developments, progress, problems and plans through consistent, effective communication. Avoid surprises. 

3. Initiative: Takes appropriate action to resolve issues without requiring direction. Seeks out others involved in a situation to learn their perspectives. Makes difficult decisions in a timely manner. Is willing to make decisions in difficult or ambiguous situations when time is critical. Assertive in a group when it is necessary to facilitate change, overcome an impasse, face issues, or ensure that decisions are made. 

4. Credibility: Demonstrated concern to be responsible, reliable, and trustworthy. Maintains commitments. Respects the confidentiality of information or concerns shared by others. Is honest and forthright with people. Takes personal responsibility for the quality and timeliness of work. Punctual, follows instructions, policies, and procedures.  

5. Fosters Teamwork: Listens and responds constructively to other team members’ ideas. Offers support for others’ ideas and proposals. Is open with other team members about his/her concerns. Works for solutions that all team members can support.  

6. Technical Expertise: Demonstrates the required depth of knowledge and skills associated with the job as identified in the Learning Management System or other applicable sources. Effectively applies technical knowledge to solve a range of problems. Keeps informed about cutting-edge technology in his/her technical area. 

7. Results Oriented: Has a strong sense of urgency and commitment to achieve desired results in the face of obstacles and frustrations. Remains focused, does not get bogged down in unnecessary detail. Identifies and utilizes the most efficient methods to successfully achieve tasks on time despite unforeseen events. Driven, maintains a sense of urgency and adjusts schedules as needed to achieve without sacrificing quality of work. 

8.  Personal Development: Takes responsibility for personal learning and development by acquiring and refining technical and professional skills needed in job related areas. Obtains developmental opportunities proactively. Actively seeks and embraces growth opportunities.  

Required Qualifications 

1. Formal Education: Bachelor’s Degree in related area of study 

2. Experience: 7 years of accounting experience with 3 years working in treasury/ABL 

3. Working knowledge of debt instruments, ABL financing, and multi-entity cash management and cross border structure (UK/Ireland) 

4. Strong analytics, Excel, and ERP system skills with attention to detail and accuracy. 

Not Required but Highly Desired Criteria 

• CPA certification 

• Basic knowledge of industrial equipment and the assets the company owns/operates 

• Public accounting experience