Manage daily cash activities including cash positions, forecasting, and reconciliation of bank accounts
Monitor cash flows to ensure adequate liquidity for operations and ABL financing needs
Develop and maintain accurate cash flow models to support cash management decision-making
Work closely with accounting, operations, and other teams to manage cash flow and ABL financing requirements
Prepare monthly borrowing base calculations in accordance with bank requirements
Conduct monthly reviews of accounts receivable and inventory collateral to ensure compliance with borrowing base calculations
Prepare and present regular reports on cash position and performance to management
Analyze financial data and recommend strategies for optimizing cash management and borrowing base calculations
Manage relationships with banks and other financial institutions, including monitoring compliance with banking agreements and regulations
Develop and maintain documentation and procedures related to cash management, ABL financing, and borrowing base calculations
Participate in ad-hoc projects as needed
About You
CPA in progress
3+ years in treasury including cash management, ABL financing and preparing monthly borrowing base calculations.
Intermediate Excel.
Strong comms / Polish
ABL (Asset Based Lending)
Asset-based lending involves loaning money using the borrower's assets as collateral. Liquid collateral is preferred as opposed to illiquid or physical assets such as equipment. Asset-based lending is often used by small to mid-sized businesses in order to cover short-term cash flow demands.
Typically found in companies where there isn’t much liquid capital (agriculture, retail, manufacturing etc)
