Manager, Treasury Operations

Location

Ottawa, ON | Canada

Job description

Job Description

The Manager, Treasury Operations is considered the corporate authority on banking and credit card activities. In addition, this role is a corporate integration point for all projects affecting financial/banking/credit card.  Main areas of responsibility for this role include:

Relationship management with financial institutions and credit card companies; Supplier compliance to Service Level Agreements; Cost efficient management of corporate banking network; Representation of the corporation to internal and external stakeholders; Internal Control over Financial Reporting (ICFR) Certification process for Treasury Operations; Continued improvement of Treasury business process.

Job Responsibilities

Below are the main job requirements and responsibilities for the Manager, Treasury Operations.

• Formulates and recommends corporate financial policies relating to capital structure, financing and the application of derivatives to hedge financial risks in order to meet current business requirements. Develops and maintains policies, procedures and guidelines for the preparation, handling and delivery of bank deposits, including methods of payments and any specific restrictions, based on changing strategies and conditions within the Banking and Retail environment in order to minimize corporate and financial risks.

• Identifies, implements and promotes the use of payment methods to meet customer payment preferences while reducing the volume of cash handled and the cost of bank service fees for processing deposits.

• Establishes, maintains and modifies daily the Corporate banking structure to meet overall corporate requirements. Develops strategies to centralize corporate funds, which requires constant updates to ensure corporate funds are concentrated efficiently and cost effectively. Completes Internal Control over Financial Reporting (ICFR) review and analysis on a quarterly basis.

• Establishes and implement appropriate banking services to ensure commercial customers are able to forward their funds on a timely basis. Implements the best banking services to pay our suppliers.

• Manages the Debit and Credit Card network in our Retail environment as well as e-commerce applications interfacing with consumers and commercial customers. Interprets credit companies’ Operating Rules and Regulations and provides direction to various internal functions including Innovapost.

Job Responsibilities (continued)

• Negotiates and liaises daily with suppliers to obtain the most favourable rates and services. Coordinates the issuance and review of Banking and Debit/Credit Card RFPs. Selects and implements new suppliers. Monitors their activities to ensure Service Level Agreements compliance.

• Designs, implements and maintains Treasury reporting practices to provide Senior Management and the Board of Directors with timely and accurate financial information related to Treasury and financing activities.

• Leads the team in providing a high level, creative services and expertise to members of different internal functional groups and subsidiaries related to bank deposit policy, procedures and systems as well as any electronic methods of payment or transfers of funds.  Participates on multi-functional teams as required to deal with new products and services or other issues including supplier compliance to service level agreements.

• Acts as corporate oversight in matters related to Innovapost managed services such as PCI certification, and all matters related to Payment Shared Services. Acts as system administrator for all bank software and interfaces used by the corporation ensuring that software are installed, functioning as intended and that access is controlled.  

• Identifies developmental requirements for officers and provides adequate coaching and feedback.  Participates in the on-going Human Resources Planning & Development (HRP&D) Process. Replaces the Manager Cash Forecasting whenever required. As such, he must be cognisant of all duties relating to the preparation of the daily cash flow forecast, with the upload of bank balances to the GL as well as perform the required funds transfers to meet cash requirements.

Qualifications

Education

• University degree in Business Administration or a related discipline

Experience

• 3 to 5 years of relevant functional experience
• 2 or more years’ experience managing people
• One or more years of experience in a unionized environment an asset

Other Candidate Requirements

• Proficient computer skills and competent with Microsoft Office programs
• Excellent team building and leadership skills and experience
• Sound organizational, analytical, judgement and decision-making skills with proven abilities in problem solving
• Strong interpersonal skills with an ability to build and maintain relationships
• Strong oral and written communication skills

Other Information

Job tags

Salary