Manager, Treasury

Draper Labs; Cambridge (MA); On-site; USD 118,000 - 308,000; Full time

Job summary

Draper is seeking a Treasury Manager in Cambridge, MA to lead the Treasury function, supervise the Treasury Analyst, and oversee cash, investments, and risk management. The role collaborates with internal teams and external providers to support financial strategy and regulatory reporting.

The ideal candidate has 5–7 years of progressive finance/treasury experience, strong modeling skills, and advanced knowledge of corporate finance principles.

Qualifications

• Bachelor's degree in business or related discipline; MBA or Master's degree in Accounting or Finance.
• 5-7 years of progressive experience in accounting, finance and/or treasury; CFA/CPA/CTP preferred.

Responsibilities

• Manage the Treasury function for Draper and supervise the Treasury Analyst and others as needed.
• Coordinate with investment managers on strategies and analysis for portfolios and monitor performance and due diligence.

Skills

Communication

Independence & Collaboration

Project Management

Analytics

Leadership & Mentoring

Finance Modeling

Excel

PowerPoint

Education

Bachelor's degree in business or related discipline; MBA or Master's in Accounting/Finance

Tools

Excel

PowerPoint

Job description

Overview

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

Job Description Summary

The Treasury team, led by the Treasury Manager, is trusted upon by senior leadership to provide key strategic, financial and operational information that is critical to Draper's financial strength. The Treasury Manager will provide leadership for key business operations and oversight of the financial assets of Draper. He/she will have responsibility for monitoring Draper's various investment portfolios, developing capital structure and risk management models and related insurance coverage, coordinating debt administration and compliance, managing and forecasting cash balances, and maintaining all related internal, external, and regulatory reporting. The Treasury Manager will provide direct supervision and management of one direct report (Treasury Analyst). This role requires outstanding analytical skills, attention to detail and strong organizational skills. Also required is frequent collaboration with internal partners and external service providers (e.g., custodians, banks, investment managers).

Job Description

Duties/Responsibilities

• Manage the Treasury function for Draper. Provide direct supervision and management of Treasury Analyst, as well as others that may support Treasury projects from time to time
• Work closely with investment managers on strategies and analysis to ensure the assets in the investment portfolios (corporate investments, pension plans, post retiree medical plan) are managed in accordance with their respective investment policies. Monitor and evaluate performance and due diligence activities related to the various portfolios
• Lead the corporate insurance program, working with business areas, executive management and insurance brokers/underwriters on Draper's insurance coverages, policy applications, renewals, claims and certificate needs
• Oversee cash flow projections and cash management to ensure daily liquidity, line* of* credit management and cash account administration
• Serve as liaison with key external providers for the Treasury area, including Draper's retirement plan administrator, retirement plan investment advisor, outsourced chief investment officer, actuarial firm, insurance providers, external legal counsel, banking institutions, debt providers and rating agencies
• Interface with Draper's Human Resources, Internal Audit, Accounting and Legal teams to review, monitor and assess our retirement benefit plans
• Handle all internal and external audit requests and required documentation related to pensions, investments and debt
• Lead preparation and presentation to the Finance Committee of the Board of Directors on investments, retirement plan financials, and other Treasury topics as warranted
• Enhance and maintain procedures and documentation for key Treasury functions
• Perform other ad hoc projects and analyses as required or requested by the Principal Director of Finance, Chief Administrative Officer (CAO) or Chief Executive Officer (CEO)

Skills/Abilities

• Excellent written and verbal communications skills with demonstrated experience developing and delivering presentations to all levels of an organization
• Demonstrated ability to work independently and on cross functional teams
• Intermediate experience in project management (e.g., planning, organizing, and executing assignments to bring about the successful completion of specific project goals and objectives)
• Strong organizational, problem* solving, and analytical skills; able to manage priorities and meet deadlines
• Excellent management skills and ability to mentor, motivate and develop staff
• Advanced finance modeling skills; deep knowledge of corporate finance theory and practices
• Proficiency with Excel and PowerPoint
• Ability to work independently, deal with ambiguity and meet deadlines in a fast* moving environment focused on results

Education

• Bachelor's degree in business or related discipline, or equivalent, required; advanced degree (MBA or Master's degree in Accounting or Finance).

Experience

• 5-7 years of progressive experience, including a strong background and demonstrated advancement in accounting, finance and/or treasury. Prefer CFA, CTP, CPA, familiarity with government contracting and/or investment portfolios reporting, Prior experience in investment banking or consulting.

Additional Job Description

Applicants selected for this position may be required to obtain and maintain a government security clearance.

Job Location - City

Cambridge

Job Location - State

Massachusetts

Job Location - Postal Code

02139-3563

Salary

The US base salary range for this full-time position is

$117,500.00 - $307,500.00

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations.

Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Union ranges will be in compliance with the collective bargaining agreement's approved rates by location and role. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and does not include bonuses or benefits.

Draper is committed to creating an inclusive environment. We understand the value of inclusivity and its impact on a high-performance culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, national origin, veteran status, or genetic information. Draper is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact [e-mail].