Treasury Manager

Treasury Manager responsible for managing the organization’s credit activities and department as well as assist with Cash Management and Cash Forecasting. Manages credit approval process, including processing credit applications and initiating inquiries into customer’s bank and trade references. Assesses the creditworthiness of potential customers, including establishing payment terms and credit limits; handles special credit arrangements and deviations from standard terms of payment. Assist with the development of cash flow forecasts including projected receivable/payable activity to anticipate short term liquidity needs. Analyze forecasted variances including trends and deviations between actual and forecast cash flows and provide insights to aid in decision making around funding and cash allocation. Provide necessary financial information to ensure compliance with bank agreements. Direct follow-up on customer short pay or billing disputes. Responds to credit inquiries from other companies. Maintains customer payment histories and adjusts customer credit limits and terms as necessary. Reviews the DSO, aging report and coordinates collection of past due amounts. Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit. Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. Assist with investigation of discrepancies. Establishes and maintains customer credit files and/or database; continually reviews customers’ credit histories and adjusts customer credit limits and terms as necessary. Reviews collections reports to ascertain status of collections and outstanding balances and to evaluate effectiveness of current collection policies and procedures. Audits delinquent accounts to ensure maximum efforts have been taken before assigning bad debt status to account. Assists with the establishment and implementation of credit policy; recommends adjustments as needed. Ensure liens as well as bonds are in place were appropriate. Establishes and implements procedures to achieve monthly collection goals; monitors collection activities and assists when appropriate. Interfaces with appropriate personnel and managers to exchange information and update records and collaborate cross-functionally. Establishes, implements, and monitors credit policy; makes and communicates adjustments as needed. Hires, trains, supervises, motivates, and develops credit team. Assigns duties and monitors quality of work; assures staff conforms to organizational policies and procedures and government regulations. Provides day-to-day guidance and oversight of subordinates; actively works to promote and recognize performance. Keeps up to date on overall activities of the team, identifying problem areas and taking corrective actions. Composes reports detailing the degree of risk involved in credit request; recommends approval or denial based on results. Sets minimum or maximum terms of repayment for customers based on earnings, savings data, payment history, and purchase activity. Resolves customer complaints and verifies transactions through consultation.