Sr. Manager, Cash Management - Modesto, CA

About Us

About The Save Mart Companies

The Save Mart Companies operates over 200 stores in neighborhoods across California, Western Nevada, Oregon, and Washington under the Save Mart, Lucky, FoodMaxx, and Roth's and Chuck's Fresh Market banners. Proud to be one of the West Coast’s largest regional, full-service grocery chains, the Company and its 11,000 associates take extra care to provide customers with the freshest food for their families at affordable prices. The Save Mart Companies’ philanthropic non-profit organization, The CARES Foundation, provides vital resources for children and families and has donated over $5 million to local communities.

We Are Currently Recruiting For The Position Of

Sr. Manager, Cash Management - Modesto, CA

Job Summary

The Senior Manager of Cash Management serves as a strategic financial leader responsible for the comprehensive oversight and optimization of the company's treasury operations. This role manages cash management, banking relationships external and internal parent, liquidity planning, and treasury systems to support the organization's long-term financial strategy. The Senior Manager provides data-driven insights and analytics, including cash flow forecasting and risk analysis, enabling executive leadership to make informed decisions regarding the company's capital resources. This position ensures compliance with treasury-related GAAP principles and serves as the primary liaison with banks, credit card processors, and financial institutions.

Responsibilities

• Implement and administer all aspects of the cash flow process for the Company, providing actionable recommendations to senior leadership
• Act as the liaison with all banks, credit card processors, and financial institutions; monitors fees and financial services requirements as needed
• Responsible for oversight of corporate and store banking, credit card transactions, credit card chargebacks, establishing credit card merchant numbers and bank accounts for all new store locations
• Work closely with the Treasury counterparts with our parent JPG
• Continually evaluate the Treasury operations functions and processes of the Company
• Responsible for ensuring compliance with debt funding covenants as needed
• Manage all customer service inquiries related to all Treasury functions and oversight (i.e. credit card transaction processing)
• Work with Accounts Payable and Accounts Receivable to ensure achievement of Cash Flow targets
• Perform other duties as assigned
  
  

Some of our competitive offerings include generous benefits packages (Health, Dental, Vision, Life and AD&D, 401K), tuition reimbursement and scholarship opportunities, vacation and personal holidays, and in-store purchase discounts.

Hiring pay range: $104,768.00 - 137,508.00

Knowledge, Skills And Abilities

• Comprehensive knowledge of sound Treasury concepts and functions with experience in banking, treasury systems and processes.
• Extensive working knowledge of FASB Treasury rules. Works in compliance with GAAP
• Proficient in cash forecasting, cash management, liquidity strategy and banking services
• Advanced analytical and modeling skills with the ability to present information to suit the audience
• Strong management skills with experience managing and developing support staff
• Able to effectively communicate complex financial information
• Excellent time management, multi-tasking abilities, and resolution follow-through
• Excellent communication skills (verbal, written, interpersonal)
• Excellent organizational skills and attention to detail
• Exhibit a strong sense of ownership of the treasury function with curiosity and passion to match
  
  

Preferred

• Experience in retail, grocery, or multi-location business environment
• Advanced proficiency in business intelligence tools (Tableau, Power BI)
• Experience using automated tools for reconciliations
  
  

Experience: 7 minimum years related experience inclusive of 5 years cash management in a treasury department, 5 minimum years management, supervisory, and/or leadership experience

Education: 4 year/Bachelors Degree and/or equivalent experience/training. MBA or relevant graduate degree preferred

Licenses/Certifications: CTP (Certified Treasury Professional) or CFA designation preferred

Work Environment: Office

Reference: req40965

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The Save Mart Companies is an Equal Opportunity Employer, and we welcome resumes from individuals who will contribute to our diverse workforce.