Treasury Services Manager

Proenergy; Chicago (IL); Vor Ort; USD 110.000 - 170.000; Vollzeit

Benefits dieser Stelle

Medical insurance

Dental insurance

Vision insurance

Life/Disability Insurance

10 paid holidays

Paid time off

401K plan

Zusammenfassung

PROENERGY is seeking a Senior Manager of Treasury Services to lead daily cash management, liquidity planning, and risk mitigation across our global operations. You will oversee treasury activities, optimize banking relationships, and implement controls to ensure accurate reporting and regulatory compliance.

The role requires deep experience in cash forecasting, financial modeling, and treasury technology, with a proactive leadership style to develop the treasury team and collaborate with

Qualifikationen

• Bachelor's degree in Finance, Accounting, Business Administration, or related field required.
• 5-7 years of progressive treasury/finance experience and 3-5 years in a supervisory role.
• Proficiency with treasury management systems such as Kyriba or SAP Treasury.
• Advanced Excel and financial modeling for cash forecasting.
• Strong understanding of financial risk, investment vehicles, and regulatory requirements.
• Experience with banking operations, COSO/SOX controls, and US GAAP.
• Fluent English and US work authorization; able to pass background checks.

Aufgaben

• Oversee Treasury Operations and Cash Management including liquidity planning and forecasting.
• Manage banking relationships, disbursements, collections, and cash concentration.
• Design and enforce internal controls over treasury operations and reporting.
• Develop risk assessments and hedging strategies to mitigate financial risk.
• Lead investment management and debt facilities optimization; coordinate month-end close.
• Collaborate with auditors, legal, and business units to ensure compliance and reporting.

Kenntnisse

Cash forecasting

Liquidity management

Financial risk management

Treasury systems Kyriba/SAP

Excel & financial modeling

Team leadership

Regulatory knowledge

Ausbildung

Bachelor's degree in Finance, Accounting, Business Administration, or related field

MBA or advanced degree

Tools

Kyriba

SAP Treasury

Jobbeschreibung

PROENERGY is an engineering, R&D, and manufacturing powerhouse. The company addresses every need for fast-start power generation: turbine and package manufacturing, turnkey project execution, power purchase agreements, and asset lifecycle care for turbines and plants. Where others see impossible energy challenges, PROENERGY provides innovative aeroderivative solutions.

Our Footprint

PROENERGY delivers fast-start, dispatchable power solutions from worldwide centers for aeroderivative excellence. We are investing more than $1 billion through 2028 in infrastructure to serve our customers.

In Sedalia, Missouri, our 600,000 sq ft Center for Excellence in Manufacturing—a world-class investment in fast-start power and the only campus of its kind in the world—is growing by 40 percent.

In Houston, Texas, our 500,000 sq ft Center for Excellence in Lifecycle Care features a Level-IV depot and aero repair facility, which executes comprehensive services for aeroderivative engines under one roof.

In Kansas City, we have an office with an Engineering team that supports our sought-after solutions for turnkey projects and contracted power.

And our worldwide service centers ensure local service expertise near our customers. Our expanding service footprint includes Phoenix, Buenos Aires, New Brunswick, and additional locations in Europe, Australia, and Southeast Asia.

Our Philosophy

We take care of our people and strive to make a positive difference for the world. We offer competitive pay, excellent benefits that include Medical, Dental, Vision, and Life/Disability Insurance at minimal cost to the employee, 10 paid holidays, paid time off, and a 401K plan.

Position Summary

The Manager of Treasury Services plays a critical role in overseeing PROENERGY Services' daily and strategic financial operations related to cash flow, liquidity management, investment planning, and financial risk management . This position is central to maintaining the company's financial health by ensuring sufficient cash availability, optimizing banking operations, and aligning short-term assets and liabilities with corporate financial goals. The Manager will oversee treasury operations including cash management, banking relationships, investment activities, and financial risk while ensuring adequate liquidity to meet obligations, optimize cash use, and comply with regulatory requirements. This role requires strong collaboration with cross-functional teams including external auditors, legal counsel, and business unit leaders to ensure compliance with regulatory requirements, internal control frameworks, and financial reporting standards. The Manager of Treasury Services will develop and maintain robust internal controls over treasury operations, conduct comprehensive risk assessments, and support the organization's commitment to transparent, accurate, and compliant financial management. This position reports directly to the Chief Financial Officer and plays an integral role in supporting strategic business initiatives across PROENERGY's global operations.

Reports to: Chief Accounting Officer

Work Location: 6401 North Eldridge Pkwy, Houston, TX 77041

Position Responsibilities

Treasury Operations and Cash Management

• Monitor daily cash positioning and optimize liquidity across all PROENERGY entities.
• Develop and maintain short-term and long-term cash flow forecasts to support business planning and decision-making.
• Oversee cash management operations including disbursements, collections, and cash concentration activities.
• Manage banking relationships and negotiate service fees to optimize banking operations and reduce costs.

Internal Controls and Compliance

• Design, implement, and maintain effective internal controls over treasury operations and financial reporting.
• Conduct comprehensive risk assessments to identify key treasury risks and monitor changes in business processes that may impact internal controls.
• Ensure compliance with Sarbanes-Oxley Act requirements, SEC regulations, and other applicable financial reporting standards.
• Develop and enforce treasury policies and procedures to ensure operational efficiency and regulatory compliance.

Financial Risk Management

• Evaluate and manage financial risks including foreign exchange exposure, interest rate risk, and counterparty credit risk.
• Develop and implement hedging strategies to mitigate financial risks and protect company assets.
• Assess financial risk exposure and provide recommendations to senior leadership on risk mitigation strategies.
• Monitor market conditions and economic indicators to inform treasury decision-making.

Banking and Investment Management

• Manage debt instruments, credit facilities, and loan covenants to optimize capital structure.
• Oversee investment strategies and evaluate returns on idle cash to maximize investment performance.
• Coordinate with accounting teams for reconciliations, reporting, and month-end close processes.
• Evaluate and implement treasury technology tools and treasury management systems to enhance operational efficiency.

Leadership and Collaboration

• Supervise and develop treasury operations team members to achieve departmental goals and build treasury capabilities.
• Collaborate with business stakeholders and technical teams to drive efficiency and ensure alignment with business objectives.
• Coordinate with external auditors during quarterly reviews and annual audits, preparing data and supporting supporting information requests.
• Provide technical expertise to identify and resolve complex treasury and finance issues.

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field required.
• Minimum of 5-7 years of progressive experience in treasury, corporate finance, cash management, or related finance roles
• At least 3-5 years of management or supervisory experience leading treasury or finance teams
• Proven track record in cash flow management, liquidity planning, and financial risk management
• Proficiency with treasury management systems such as Kyriba, SAP Treasury, or similar platforms
• Advanced Excel and financial modeling capabilities for cash forecasting and financial analysis
• Strong understanding of financial risk management, investment vehicles, and debt instruments
• Experience with banking operations, payment systems, and electronic funds transfer processes
• Deep understanding of internal controls frameworks including COSO and Sarbanes-Oxley requirements
• Knowledge of SEC regulations, US GAAP, and financial reporting standards as they relate to treasury operations
• Familiarity with regulatory and legal environments governing treasury operations
• Experience conducting risk assessments and implementing control monitoring programs
• Must be fluent in English, with strong speaking, reading, writing, and comprehension skills.
• US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.
• Successful candidate will need to satisfactorily complete pre-employment drug screen and background check.

Desired Qualifications

Advanced Education

• Bachelors degree in finance, Accounting, MBA, or related advanced degree.

Professional Certifications

• Certified Treasury Professional (CTP) certification from the Association for Financial Professionals strongly preferred. The CTP is recognized worldwide as the leading credential for treasury and finance professionals, demonstrating mastery in cash management, corporate finance, and treasury operations.
• Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designations are valuable additions.

Industry Experience

• Experience in the energy sector, power generation, or manufacturing industries.
• Knowledge of international treasury operations and multi-currency cash management.
• Experience with mergers and acquisitions, strategic financing, and capital markets transactions.

Technical Expertise

• Experience implementing treasury technology solutions and process automation.
• Knowledge of enterprise risk management frameworks and financial risk modeling.
• Exposure to cloud-based treasury platforms and Azure services.
• Familiarity with derivatives, hedging instruments, and financial risk mitigation strategies

Core Competencies

• Excellent problem-solving and analytical skills with ability to work cross-functionally. Strong attention to detail and commitment to accuracy in financial operations and reporting . Proven ability to manage multiple priorities in a fast-paced, dynamic environment. Strategic thinking with ability to align treasury operations with broader business objectives.

Technical and Financial Acumen

• Expertise in cash and liquidity management, financial risk management, and corporate finance. Understanding of capital markets, money markets, and investment strategies. Knowledge of working capital metrics and optimization techniques. Proficiency in financial accounting, reporting, and financial planning and analysis.

Leadership and Communication

• Exceptional written and verbal communication skills for interacting with executives, auditors, and banking partners. Ability to explain complex financial concepts to non-financial stakeholders. Strong relationship management skills for managing banking and financial service provider relationships. Demonstrated leadership in developing teams and mentoring finance professionals.

Integrity and Ethics

• High ethical standards and commitment to regulatory compliance and internal controls. Discretion in handling confidential financial information and strategic business matters. Commitment to transparency, accuracy, and best practices in treasury management.

It is PROENERGY’s policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.