Treasury Manager

9330 Balboa Ave
San Diego, CA, 92123, US

POSITION SUMMARY:

Responsible, under minimal supervision, for performing moderately complex to complex analyses within Treasury, including managing the company’s cash flow forecast, administering debt and investment activity, and preparing quarter-end reports including: Board presentations, financial statement supporting schedules, interest expense reconciliations and debt covenant compliance calculations.

KEY DUTIES & RESPONSIBILITIES:

• Creates and maintains the Company’s cash flow forecast and budget.  Determines optimal corporate borrowing levels through modeling and initiates investments with excess cash in a manner that optimizes capital preservation, liquidity and income generation.  Creates Treasury reports related to cash flow projections, cash flow variances, revolving bank debt, and letters of credit.
• Monitors corporate debt for interest and fee payments; verifies the accuracy of all calculations and initiates payment.  Forecasts company interest expense and interest income.  Calculates accrued interest expense/income and submits appropriate journal entries.  Creates, approves, and/or transmits outgoing wire transfers as approved by management
• Responds to internal and external audit requirements and inquiries.  Ensures compliance with respect to applicable Treasury related key controls.  Maintains accurate records, provides documentation, and explains processes as requested.
• Responsible for opening and closing of depository, gift card, and credit card accounts for new restaurants, as well as orders restaurant banking supplies. Updates banking database and ReconNet to ensure the Company’s systems are accurate.  Verifies GL extracts for completeness and accuracy.
• Prepares and manages the corporate cash deposit for both brands.  Partners with internal and external stakeholders to identify proper general ledger coding and responds to deposit inquires as needed.  Reconciles corporate accounts, prepares journal entries to post to the general ledger, identifies inaccuracies or variances, and initiates corrections/adjustments.  Assists with period end reconciliations; compiles and maintains accounting records and supporting documentation; researches issues and follows-through to resolution.
• Conducts and documents various complex corporate finance analyses and research on a project basis (i.e. evaluating the Company’s capital structure and financing alternatives, etc.).  Works independently to compile financial data, analyzes information and develops conclusions, including; identifying and researching variances and trends, notifies management of inconsistencies or inaccuracies; identifies opportunities for improving analysis processes and procedures.  Makes recommendations and provides expertise in the development of systems, procedures, and controls; ensures the accuracy and quality of completed projects and reports, assesses requirements, determines appropriate application.
• Responds to various inquiries and requests for information and refers complex matters to management; produces scheduled reports/statements and provides explanation of data as needed. Proactively develops and maintains technical knowledge in Treasury and remains up-to-date on current trends and best practices.  Performs special projects associated with new technological advances in treasury/cash management/banking, including researching and identifying potential vendors or products and performing cost/benefit analysis.  Analyzes product viability in JIB environment and presents findings to management and/or project teams.
• Analyzes the company’s annual financial statements and calculates corporate financial ratios, including determining the Company weighted average cost of capital and incremental borrowing rate and provides it to cross-functional departments for project and lease evaluation purposes.
• Creates, approves, and transmits outgoing wire and ACH transfers as approved by management and maintains accurate records and provides documentation as requested.  Act as support and functional back-up for one or more job functions in the department.
• Performs other related duties, tasks and responsibilities as required, assigned and directed.

EXPERIENCE & QUALIFICATIONS:

• Bachelor’s degree, preferably in accounting, finance or related field. CPA or advanced degree in Taxation or Accounting preferred.
• 5+ years related, professional-level treasury experience. Experience in Financial Analysis or Accounting also considered. Strong understanding of SOX controls and processes.
• Excellent oral and written English communication skills, interpersonal skills and organizational skills.   Solid knowledge of accounting/financial concepts and techniques.  
• Excellent working knowledge of MS Office. 
• Solid working knowledge of ERP systems and ReconNet, preferred. 
• Strong understanding of capital markets and corporate finance theory. 
• Excellent analytical and problem-solving skills, with attention to detail and high degree of accuracy. 
• Works independently to perform assignments and determines and develops approaches to solutions.
• Receives technical guidance only on unusual or complex problems or issues.
• Demonstrates integrity, ethical behavior, and the ability to drive continuous improvement to processing efficiency. Able to work independently in fast-paced, team-oriented environment
• Ability to speak/hear clearly in person and on the telephone. Ability to type on a computer keyboard.  May require extended periods of time working on a computer terminal.