Senior Treasury Manager

Ranger-Energy-Services-; Houston (TX); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical/Dental/Vision

401(k) Retirement Plan with Employer 匹

Life Insurance

Short- and Long-Term Disability

Employee Assistance Program

Job summary

Ranger Energy Services seeks a Senior Treasury Manager to own liquidity, cash forecasting, debt compliance, and banking relationships. This hands-on leader partners with AR, Operations, AP, Accounting, and FP&A to improve cash visibility and support operating decisions.

The role develops the Treasury Analyst and provides clear recommendations to the VP of Finance and CFO, while driving controls, SOX compliance, and process improvements across locations.

Qualifications

• Bachelor’s degree in finance, accounting, economics or related discipline.
• 5-8 years of progressive treasury or corporate finance experience.
• At least two years supervising treasury or finance professionals.
• Experience managing treasury controls, payments, and audits; strong leadership.
• Excellent verbal and written communication skills.

Responsibilities

• Oversee daily liquidity and 13-week cash forecast planning.
• Model cash flows including payroll, capex, taxes, and debt service.
• Collaborate with AR and Operations on collections and working capital risks.
• Ensure debt compliance, covenant calculations and borrowing headroom.
• Administer facilities, draws, interest, and lender reporting.
• Manage bank relationships and cash investments to preserve liquidity.
• Coordinate ad hoc funding with Operations and AP; ensure approvals.
• Lead treasury controls, SOX compliance, and audits.
• Oversee corporate credit and fuel card programs; set policies.
• Investigate misuses and optimize fuel/card savings.

Skills

Treasury management

Cash forecasting

Debt management

Team leadership

Financial analysis

Process improvement

Communication

Education

Bachelor's degree in finance or accounting

MBA/CPA/CFP

Tools

ERP systems

Treasury software

Job description

SUMMARY

The Senior Treasury Manager owns liquidity, cash forecasting, debt compliance, banking relationships, and the corporate credit card and fuel card programs. This hands on leader partners with AR, Operations, AP, Accounting, and FP&A to improve cash visibility and support operating decisions. The manager develops the Treasury Analyst and provides clear recommendations to the VP of Finance and CFO.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Responsible for daily liquidity, the weekly rolling 13 week cash forecast, monthly cash projections, and quarterly outlooks. Review assumptions and inputs and reconcile forecasts with FP&A and business plans.
• Model collections, operating activity, payroll, vendor commitments, capex, taxes, and debt service; explain cash variances and run downside scenarios.
• Partner with AR and Operations on collection priorities, overdue receivables, billing delays, customer concentration, and other working capital risks.
• Accountable for debt compliance and review covenant calculations, forecast headroom, compliance certificates, availability, and borrowing base reports where applicable. Escalate potential shortfalls before deadlines.
• Administer facilities, draws, repayments, interest, fees, and letters of credit as applicable; coordinate lender reporting, renewals, amendments, and financing with Finance and Legal.
• Manage bank relationships, accounts, services, fees, KYC, signers, and access reviews. Evaluate banking tools and approved cash investments while preserving liquidity.
• Coordinate ad hoc spending and urgent funding with Operations and AP; challenge timing and support, recommend priorities, and ensure required approvals.
• Lead treasury controls and fraud prevention, review analyst work, maintain backup coverage, support audits and SOX, and improve systems, reporting, and acquisition integration.
• Manage both programs, provider relationships, fees and rebates, policies, eligibility, and approvals. Coordinate administration with the analyst and Operations.
• Oversee limits, merchant and fuel restrictions, driver and vehicle controls, reconciliation, settlement, and exception reporting. Investigate suspected misuse with appropriate teams and recommend fuel and card savings.
• Other duties as assigned

REQUIRED EDUCATION, QUALIFICATIONS AND EXPERIENCE

• Bachelor’s degree in finance, Accounting, Economics, or a related discipline, or an equivalent combination of relevant education and experience.
• 5-8 years of progressive experience to include treasury, corporate finance or related experience.
• At least two years of experience supervising, coaching, or formally leading the work of treasury or finance professionals.
• Experience managing treasury controls, payment approvals, and audit support; proven project management and leaderships skills.
• Excellent verbal and written communication skills

PREFERRED SKILLS, QUALIFICATION AND EXPERIENCE

• Oilfield services or broader energy experience, particularly in a business with multiple field locations, variable activity levels, and significant equipment or working capital requirements.
• Experience managing corporate credit card and fuel card programs, including spend controls, provider negotiations, and coordination with fleet or field operations.
• Public company and SOX experience; revolving credit or asset based lending experience; ERP or treasury system improvements and acquisition integration experience.
• Certified Treasury Professional, CPA, or an MBA; experience presenting liquidity and covenant outlooks to senior management.
• Highly driven, pro-active, self-start looking to continuously improve processes

COMPUTER

• Advanced Microsoft Office skills

PRE-EMPLOYMENT REQUIREMENTS

• Must complete and pass all required pre-employment screenings.

ABOUT THE COMPANY

Ranger Energy Services is an oil & gas completion and production solutions company with a foundation built on well servicing, wireline, and natural gas processing. Ranger Energy is committed to providing employees with a benefits program that is both comprehensive and competitive. The programs are designed to invest in you and the things you care about – your health, your family, and your future. Come join our team of highly skilled, motivated employees, working on state-of-the-art equipment with outstanding compensation and additional benefits, including:

• Medical/Dental/Vision
• Flexible Spending Account/Health Savings Account
• Life Insurance
• Short- and Long-Term Disability Insurance
• Employee Assistance Program
• 401(k) Retirement Plan with Employer match