What are the responsibilities and job description for the Manager - Treasury position at FERROGLOBE USA METALLURGICAL INC?
Who we are
Ferroglobe is one of the world’s leading suppliers of silicon metal, silicon-based and manganese-based specialty alloys and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy.
Learn more about our Transformation Story here: Who we are
Position Summary:
We are seeking a strategic, adaptable, and highly engaged Treasury Manager who will examine, analyze, and interpret accounting records to audit and evaluate financial statements prepared by others. The Treasury Manager will advise on systems of financial and budgetary data and recommend changes in operations and financial activities.
Key Responsibilities
- Own and continuously refine the company's 13-week cash flow model.
- Drive working capital improvements through strategic management of Days Sales Outstanding, Days Inventory Outstanding, and Days Payables Outstanding, increasing cash flow, improving liquidity, and supporting operational excellence.
- Maintain daily cash positioning and monitor actual vs. forecast, tightening the model over time based on variances.
- Work closely with our finance and operations teams to ensure cash flow inputs are accurate and timely.
- Partner with the procurement and ops teams to stay ahead of inventory purchase cycles and PO commitments.
- Collaborate with accounting to align on tax payment timing, accruals, and reconciliations.
- Manage day-to-day banking relationships and ensure adequate liquidity across accounts.
- Execute and authorize wires, ACH payments, and other treasury transactions with precision and appropriate controls.
- Monitor credit facilities and report on covenant compliance.
Additional day to day duties and responsibilities include:
- Manage domestic cash management: Supervise day-to-day cash management, initiate and analyze the daily cash position, initiate/approve wire transfers, review positive pay, manage the company’s merchant processing and lockbox operations and compile the necessary audit trail documentation.
- Cash flow forecasting both short-term and long-term while working with corporate finance to ensure sufficient liquidity.
- Responsible for the execution of treasury related internal controls that are integral to compliance with Sarbanes Oxley requirements.
- Develop and assist in maintaining relationships with local banks.
- Management of debt and other financing and capital transactions.
- Recommend benchmarks that will be used to measure the companies’ performance.
- Provide management with short and long-term financial objectives and policies. Confer with company officials about financial and regulatory matters.
- Assist and advise in the preparation of budgets.
- Participate in cross-functional projects to drive overall enhancements to the finance function.
- Work with external auditors and provide needed information for the annual audit.
Qualifications
- Bachelor’s degree in finance, Accounting, Economics, or related field
- 5 years of treasury or finance experience at a company with a minimum of $50M in revenue., with meaningful time inside a physical-goods or inventory-driven business (retail, CPG, manufacturing, distribution, or similar)
- 5 years of experience with TMS, debt financing, and IT/Tool affinity, as well as experience with SAGE and SAP as ERP.
- Advanced Excel / Google Sheets modeling skills; experience with NetSuite a plus
- Hands-on experience owning or co-owning a cash flow model.
- Deep comfort with banking operations: wires, ACH, account management, online banking platforms
- Experience building or significantly improving financial processes, not just operating inside established ones.
- Fluent in Spanish (written and spoken).
What We Offer:
We offer a comprehensive benefits package that includes medical, dental insurance, Flexible Spending Accounts, Company-Paid Short-Term Disability and Basic Life, Voluntary Life and LTD, Employer 401k Match and paid time off.
Ferroglobe is an Equal Opportunity Employer