Treasury Manager

Element Fleet Management; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

Element Fleet Management seeks a Treasury Manager to enhance cash management and optimize funding strategies. The role involves supervising daily liquidity processes, managing banking relationships, and preparing financial analytics. Candidates should possess significant treasury experience, advanced analytical skills, and the ability to drive efficiencies. A hybrid work environment and comprehensive benefits are offered.

Benefits

Comprehensive health and welfare benefits

Paid time-off programs

Culture of innovation and empowerment

Qualifications

• Minimum 5 years in corporate treasury/finance, 3 years in complex treasury.
• Experience in cash management, forecasting, reconciliation, and bank fee management.
• Strong understanding of accounting principles and risk assessment.

Responsibilities

• Oversee daily cash positioning and forecasting.
• Develop strategies to enhance cash flow efficiency.
• Manage relationships with financial institutions.

Skills

Problem-solving skills

Analytical skills

Communication skills

Tools

MS Suite

Excel

PowerPoint

Python

Power BI

Alteryx

SAP

OneStream

Job description

Get started on an exciting career at Element!

Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business – delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team.

What We Need

We are looking for a Treasury Manager to join Element Fleet Management. As the largest pure-play fleet manager in the world, we provide unmatched products and services and solutions to our clients.

At Element, employees play a critical role in delivering value to clients and ensuring an exceptional client experience. We are committed to the success of our clients, employees, and investors by fostering a culture where every employee can make a difference!

The Treasury Manager will join a highly dynamic and skilled Treasury organization and will support initiatives across cash and liquidity management, risk management, collateral management and funding execution. The ideal individual will deliver value to the organization by identifying cost-saving opportunities, creating, and producing superior analytical reports and models that help drive efficiencies across various processes, and supporting the overall growth initiatives of the organization.

A Day in the Life

Oversee daily cash positioning and forecasting to optimize liquidity management and ensure adequate funding for operational needs. Develop and implement strategies to enhance cash flow efficiency and minimize idle cash while maintaining compliance with risk management policies.

Manage relationships with financial institutions, including negotiating banking services and cash management solutions to optimize banking relationships and reduce costs.

Support secured and unsecured compliance and covenant reporting; including monthly servicing reports for various securitization facilities

Support the process of planning and execution of secured and unsecured debt issuance, management of revolving facilities, and preparation of analytics & materials for lender and rating agency presentations.

Prepare annual rating agency publications, specifically financial metrics , and investor reporting as required.

Coordinate funding-related activities with various stakeholders (e.g., Accounting, Cash Management teams, etc.)

Use technology to drive efficiencies and identify cost savings opportunities. Document and maintain desk procedures, policies and procedures, and business resumptions plans.

Update and maintain policies and procedures for Funding, Cash and Liquidity management functions; identify weaknesses and make recommendations for process improvements.

Assist in the coordination, development, and on-going production of internal and external reporting.

Conduct special financial and business-related analysis, prepare presentations for senior and executive management and other ad-hoc tasks as required.

Requirements

Minimum 5 years of corporate treasury / finance work experience required, with a minimum of 3 years of work experience in a complex, corporate Treasury function

Comprehensive problem-solving skills with proven ability to analyze and interpret complex financial data, assess risk, and prepare financial reports.

Cash Management experience : specifically, experience working on cash forecasting, cash reconciliation and Bank fees management.

Strong understanding of accounting principles and comfortable being the liaison between Treasury and Accounting and operations (AP / AR) daily.

Working knowledge of collateral reporting processes related to securitization programs is nice to have.

MS Suite with Advanced Excel & PowerPoint skills

Appreciation for coding languages (Python) and other tools (Power Bi, Alteryx) is a bonus.

Prior experience with Bloomberg; ABS Suite; treasury workstation, accounting and reporting systems (SAP / OneStream) is nice to have.

Continues to develop knowledge, skills, practices to perform work assignments, and is a self-learner and driven.

Demonstrates developing written, verbal, interpersonal, analytical, and application skills.

What’s in it for You

• A culture of innovation, empowerment, decision-making, and accountability
• Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness
• Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays)
• Hybrid work environment for most positions

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity, equity, inclusion, and belonging. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, gender identity, age, sex, sexual orientation, disability, national origin, Aboriginal / Native American status, protected veterans’ status or any other legally-protected factors. Disability-related accommodations during the application and interview process are available upon request. Should you require an accommodation with our hiring process please send an email to or call [phone].