Treasury Manager

May River Recruiting; Houston (TX); On-site; USD 110,000 - 170,000; Full time

Job summary

May River Recruiting is seeking a Treasury Manager to oversee daily cash flow, manage banking relationships, and maintain liquidity across projects and locations including Houston. The role supports project-based cash flow, vendor payments, equipment financing, and risk mitigation, while ensuring compliance and optimizing debt, investments, and treasury systems.

Candidates should have a Bachelor's in Finance/Accounting and 5+ years' treasury or financial management experience in construction or

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field; MBA/CPA/CTP preferred.
• 5+ years of experience in treasury or financial management, ideally in construction, contracting, or field services.
• Strong knowledge of cash flow planning in project-based environments.
• Familiarity with construction billing, retainage, and payment applications.
• Proficiency with treasury management systems and Excel.
• Excellent organizational, analytical, and communication skills.

Responsibilities

• Monitor and forecast daily, weekly, and long-term cash flows across job sites and operating entities.
• Ensure liquidity to support payroll, subcontractor payments, equipment purchases, and project mobilization.
• Manage relationships with banks, bonding companies, and equipment finance providers.
• Coordinate credit facilities, letters of credit, and bonding requirements for construction projects.
• Oversee loan compliance and debt service obligations.
• Align treasury operations with project billing cycles and payment terms with subcontractors.
• Support project management and procurement teams in ensuring timely vendor payments.

Skills

Cash flow forecasting

Treasury management

Banking relationships

Financial risk management

Excel proficiency

Regulatory compliance

Communication skills

Education

Bachelor's degree in Finance/Accounting/Economics

MBA/CPA/CTP preferred

Tools

Treasury management systems

ERP/Accounting software

Job description

The Treasury Manager is responsible for overseeing the organization’s daily cash flow, managing banking relationships, ensuring adequate liquidity, mitigating financial risks, and supporting corporate finance initiatives. This role is critical in supporting project-based cash flow management, vendor payment cycles, equipment financing, and risk mitigation. The Treasury Manager will ensure that the company maintains strong liquidity, optimizes its banking relationships, and adheres to financial compliance standards across all projects and locations. This role plays a key part in managing investments, debt, and financial compliance, while ensuring the company meets its short-term and long-term financial obligations.

Essential Functions & Responsibilities:

Cash Flow Management:

• Monitor and forecast daily, weekly, and long-term cash flows across multiple job sites and operating entities.
• Ensure adequate liquidity to support payroll, subcontractor payments, equipment purchases, and project mobilization.
• Manage relationships with banks, bonding companies, and equipment finance providers.
• Coordinate credit facilities, letters of credit, and bonding requirements for construction projects.
• Oversee loan compliance and debt service obligations.
• Align treasury operations with project billing cycles, retainage schedules, and payment terms with subcontractors and suppliers.
• Support the project management and procurement teams in ensuring timely vendor payments without compromising cash reserves.

Treasury Operations:

• Manage all company bank accounts and banking platforms.
• Recommend improvements to treasury systems, policies, and procedures to increase operational efficiency.
• Maintain internal controls for treasury transactions and ensure compliance with regulatory requirements.
• Monitor interest rate exposure and assess hedging options if necessary.
• Assist with insurance renewals and coordination with risk management on bonding and liability issues.

Reporting & Analysis:

• Prepare regular reports on cash positions, forecasts, and liquidity metrics.
• Provide actionable insights to senior management regarding capital allocation, investment opportunities, or financing needs.

Requirements:

• Bachelor's degree in Finance, Accounting, Economics, or related field; MBA, CPA, or CTP preferred.
• 5+ years of experience in treasury or financial management, ideally in a construction, contracting, or field services environment (HVAC, electrical, plumbing, or similar).
• Strong knowledge of cash flow planning in project-based industries.
• Familiarity with construction billing, retainage, and payment applications.
• Proficiency with treasury management systems and Microsoft Excel.
• Excellent organizational, analytical, and communication skills.