Treasury Manager

The name "Fairwater" speaks to our firm and steadfast commitment to partnership, equity, and trust.

Position TitleTreasury Manager

Reports To:Senior Director of Finance

Schedule: Monday through Friday business hours and additional as required

Location: Dania Beach, FL.

Required Qualifications

Education: Bachelor's degree in Finance, Accounting, Economics, or related field

Experience 5+ years of hands-on treasury or cash management experience. Experience working as an individual contributor in a lean finance organization. Demonstrated experience with online banking platforms and cash management tools. Knowledge of short-term investment strategies and cash optimization techniques. Understanding of credit facilities and debt covenant management. Experience with banking relationship management

Language: English

Traits/Skills: Advanced Excel skills including financial modeling and cash forecasting. Proficiency with ERP systems and integration of cash management data, Workday a plus. Strong analytical and problem-solving abilities with attention to detail. Excellent communication skills for internal stakeholders and external banking partners. Ability to prioritize and manage multiple responsibilities independently. Process improvement mindset with focus on efficiency and controls. Understanding of internal controls and segregation of duties. Adaptability to the seasonal and operational aspects of Jones Act maritime operations. Knowledge of accounting principles and financial reporting standards

Preferred Qualifications

Experience: Familiarity with maritime industry financial structures is a plus

Education: Certified Treasury Professional (CTP) certification preferred. MBA preferred

Duties and Responsibilities:

The Treasury Manager/Senior Manager will be responsible for managing all treasury functions as a hands-on contributor. This role encompasses daily cash management, liquidity planning, banking relationships, and financial risk oversight. The position requires a self-directed professional who can efficiently manage multiple treasury responsibilities while supporting financial decision-making in a U.S. Jones Act maritime organization. Duties and responsibilities for this position include, but are not limited to, the following:

Cash Management & Daily Operations

• Execute daily cash positioning, including monitoring balances across all bank accounts
• Perform cash forecasting using 13-week rolling models to optimize liquidity
• Process and approve wire transfers, ACH payments, and other cash movements within established limits
• Review weekly AP runs with tight controls and oversight for disbursements
• Coordinate with Accounts Payable and Accounts Receivable teams to optimize cash timing
• Manage daily funding requirements

Banking Relationship Management

• Serve as primary contact for all banking partners and financial institutions
• Negotiate banking fees, services, and account structures
• Manage credit facilities, including monitoring borrowing base calculations and availability
• Handle routine banking administration including account setups, signature cards, and documentation
• Evaluate and recommend banking solutions to improve efficiency and reduce costs

Financial Risk Management & Compliance

• Monitor and report on covenant compliance for all debt facilities
• Identify interest rate and liquidity risks
• Track and analyze financial market conditions affecting treasury operations
• Ensure compliance with cash management policies and financial regulations
• Maintain documentation for audit and regulatory requirements

Treasury Operations & Controls

• Develop and maintain treasury policies, procedures, and internal controls
• Oversee payment authorization protocols and approval workflows
• Implement process improvements to enhance efficiency and controls
• Manage treasury-related vendor relationships and service agreements

Financial Analysis & Reporting

• Prepare weekly cash position reports and monthly treasury performance summaries
• Support the FP&A team with cash flow data and liquidity analysis for financial planning
• Provide quarterly covenant compliance reports and banking relationship summaries
• Analyze banking costs and treasury metrics to identify optimization opportunities
• Support ad-hoc financial analysis for capital allocation and investment decisions

Equal Opportunity Employer/Veteran/Disabled