Job Overview
We are seeking a Finance Manager – Treasury & Working Capital to play a critical role in strengthening cash visibility, liquidity execution, and working capital discipline in a dynamic operating environment.
This position serves as the #2 to the VP/Controller for cash and treasury execution, while the VP/Controller remains accountable for overall cash, controls, and compliance. The role is highly visible and hands-on, with direct impact on liquidity, lender reporting, and operational stability.
This role will also provide day-to-day leadership and structure to the Accounts Payable and Accounts Receivable functions to ensure disciplined execution, escalation management, and improved cash conversion.
Duties
• What You’ll Own
Treasury & Cash
• Daily and weekly cash position reporting
• Rolling 13-week cash flow forecast
• Banking portals, controls, and access management
• Cash movement coordination across AP, AR, and Accounting
• Standardization of cash reporting cadence and visibility for leadership
Working Capital Execution (AP & AR Ownership + Management)
• Operational ownership of AP and AR cash execution mechanics
• Direct management and coordination of AP and AR teams, including prioritization and workflow discipline
• Payment run planning, cash planning, and disbursement timing coordination
• Collections cadence, cash application visibility, and dispute tracking
• AP and AR aging management, including escalation of liquidity risks
• Establishment of structured weekly AR/AP review cadence with measurable targets
• Drive improvements in DSO, payment discipline, vendor communication, and issue resolution
Debt & Lender Reporting
• Debt schedules and interest tracking
• Covenant calculations and compliance reporting
• Lender reporting packages and compliance calendars
• Primary treasury contact with lenders (with VP/Controller oversight)
Controls & Risk
• Review of bank reconciliations and cash-related entries
• Enforcement of segregation of duties and cash controls
• Support audits and lender reviews related to cash and working capital
• Improve discipline around approvals, payment release controls, and reporting integrity
What You Won’t Own
• Journal entry posting or general ledger ownership
• Financial statement close ownership
• Budget ownership or long-range FP&A modeling
• Final cash approval authority
Requirements
• What We’re Looking For
Required
• Bachelor’s degree in Finance, Accounting, or related field
• 7+ years of progressive finance, treasury, or working capital experience
• Strong hands-on experience with:
• Cash management and forecasting
• AP and AR cash processes and execution discipline
• Banking portals and cash controls
• Debt, interest schedules, and covenant reporting
• Advanced Excel skills
• Experience in manufacturing, distribution, or asset-intensive environments
• Ability to manage teams, drive accountability, and improve execution processes
Preferred
• Turnaround, restructuring, or high-change environment experience
• ERP implementation or optimization exposure
• Audit and lender diligence experience
• CPA, CMA, or MBA a plus
Why This Role Is Compelling
• High-visibility role with direct impact on liquidity and operational stability
• True ownership of treasury and working capital execution
• Direct leadership responsibility over AP/AR to drive measurable cash improvements
• Close partnership with executive leadership in a turnaround environment
• Opportunity to stabilize processes and build scalable finance operations
• Strong growth and leadership exposure post-turnaround
Pay: $110,000.00 - $140,000.00 per year
Benefits:
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
Work Location: Remote