Treasury Manager (Onsite)

Description

The Treasury Manager at Race Winning Brands is responsible for overseeing daily, weekly, and monthly cash management activities, maintaining banking relationships, administering corporate credit card programs, and ensuring proper controls over domestic cash and liquidity operations. This role is hands-on and operationally focused, supporting cash flow visibility and control across all U.S.-based entities. 3 direct reports.

Requirements

Daily Responsibilities

• Review and reconcile daily cash positions for all U.S. operating accounts across banks
• Ensure adequate funding of disbursement accounts and sweep balances as needed
• Monitor prior-day and same-day transactions including lockbox deposits, wire transfers, and ACH debits/credits
• Process and approve intercompany cash transfers and bank-to-bank transfers
• Monitor and release positive pay exceptions to block fraudulent transactions
• Upload and verify daily bank files and balances into ERP or treasury systems
• Respond to internal inquiries regarding payment status, rejected transactions, and bank activity
• Perform check clearing and reconciliation activities within the ERP system
  
  

Weekly Responsibilities

• Review open disbursements and credit card payments due and prepare funding plans
• Confirm and settle weekly credit card statements and support purchasing card reconciliation
• Reconcile weekly sweep activity and prepare general ledger entries
  
  

Monthly Responsibilities

• Perform and document monthly bank account reconciliations for all U.S. entities
• Reconcile corporate credit card activity to the general ledger
• Calculate and record interest income and expense related to domestic accounts and sweep programs
• Analyze month-end cash balances and prepare liquidity reporting
• Prepare journal entries related to cash movements, fee allocations, and credit card accruals
• Monitor bank fees and identify discrepancies or cost-saving opportunities
• Ensure compliance with treasury policies, internal controls, and SOX requirements (if applicable)
  
  

Banking Administration

• Maintain signature authority records and bank account documentation.
• Assist with account openings, closings, and updates to banking platforms.
• Monitor user access rights and support audit requests for user activity and authorization levels.
  
  

Qualifications

• Bachelor’s degree in finance, Accounting, or a related field
• 5 years of treasury or cash management experience in a U.S.-based organization
• Strong knowledge of banking operations, ACH/wires, and corporate card programs
• ERP experience (e.g., MAS, NetSuite, Microsoft Dynamics)
• Strong attention to detail with excellent analytical and organizational skills
• Strong Excel skills and Power BI / AI enhancements