Director of Treasury

About Us:

EMCOR Group, Inc. (NYSE: EME) is a Fortune 500 company and a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services.

A provider of critical infrastructure systems. EMCOR gives life to new structures and sustains life in existing ones by it planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments. This includes electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems--in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations.  

Job Title: -- Director of Treasury

Job Summary: - This role is located in the company’s Norwalk, CT headquarters and will report to the Treasurer.  This is a hands-on, yet strategic role that will concentrate on cash management, cash and net interest expense forecasting, debt compliance, implementing best practices and enhancing policies and procedures of the company’s treasury operations.  This position will work closely with the local finance teams of EMCOR’s 100 operating subsidiaries and EMCOR’s bank group.

Essential Duties & Responsibilities --

• Cash Management
  • Oversee the cash management process and assist the local finance teams with implementing new banking products and services.
  • Manage the company’s daily cash, debt servicing, and investment policy
  • Expertly administer the company’s treasury management system (GTreasury)
  • Manage the company’s weekly, monthly, and annual cash flow forecast
  • Assist in enhancing company’s Purchasing Card and Virtual Credit Card programs and maximizing related cash rebates
  • Maintain excellent working relationships with the company’s commercial bankers
  • Continuously review cash management processes and identify progressive changes which create efficiencies, reduce costs and mitigate risk of fraud
• Interest Rates
  • Prepare the net interest expense forecast and budget, and related quarterly reporting
  • Assist in managing interest rate risk
  • Monitor financial market conditions and report on interest rate trends
• Debt Covenant Compliance
  • Monitor debt covenant compliance and prepare related calculations and certifications in accordance with credit agreement.
• Treasury Policies
  • Assist in problem solving and developing creative approaches to streamline treasury processes and reducing costs while maintaining internal controls
  • Assist in updating, maintaining and communicating treasury policies and procedures
• Additionally, the Director of Treasury will complete or assist with other ad-hoc projects, analyses and reporting

Qualifications: -- 

• A minimum of 10 years of related experience that includes treasury management within a large corporation
• Proficiency in administering cash management and treasury management systems. Experience with GTreasury is preferred
• An undergraduate degree in accounting, finance, business administration or a related area
• CTP credential is preferred
• Excellent problem solver who embraces intellectual curiosity
• Strong analytical and quantitative skills; ability to analyze, evaluate and form independent conclusions
• Exceptional communication skills
• Proficiency in Excel

EMCOR Group, Inc. requires all employees to be vaccinated for COVID-19.  This position will require the successful candidate to show proof of a complete COVID-19 vaccination.  EMCOR Group, Inc. is an equal opportunity employer and will provide reasonable accommodation to those individuals who are unable to be vaccinated consistent with federal, state, and local law.

Notice to prospective employees: There have been fraudulent postings and emails regarding job openings. EMCOR Group and its companies list open positions here. Please check our available positions to confirm that a post or email is genuine.

EMCOR Group and its companies do not reach out to individuals to help with marketing or other similar services. If an individual is contacted for services outside of EMCOR’s normal application process – it is probably fraudulent. 

We offer our employees a competitive salary and comprehensive benefits package and are always looking for individuals with the talent and skills required to contribute to our continued growth and success. Equal Opportunity Employer/Veterans/Disabled.

Compensation Range:    $164,000 - $195,000

Other Compensation:  this position is bonus eligible

Benefits:  As a leading provider of mechanical and electrical construction, facilities services, and energy infrastructure, EMCOR Group is committed to its employees. This commitment is embodied in our competitive benefits package, which includes medical, dental, and vision coverage, as well as flexible spending accounts, life insurance, disability income, an Employee Stock Purchase Plan, 401(k) Savings Plans, and employee assistance and wellness programs.

#emcor

#LI-MJ1

Salary : $164,000 - $195,000