Job Title

About the Company Our client is in the logistics industry. They are looking for a Senior Manager, Cash Management to join their team! Why Work Here Supportive team & culture Stable company There are many learning and growth opportunities as Company Good work life balance About the Opportunity Monitor cash balances and intercompany transfers to ensure adequate liquidity. Identify opportunities to optimize working capital and reduce idle cash. Coordinate cash flow planning and payment scheduling for recurring obligations, including leases or other financing arrangements. Oversee banking controls, including dual approvals, stop payments, void cheques, and resolution of returned items. Administer positive pay and ensure timely reporting of exceptions to prevent fraudulent disbursements. Oversee payment execution for approved invoices, ensuring all disbursements comply with approval hierarchies and funding availability Review payment batches prepared by the A/P team, ensuring segregation of duties between payment processing and payment release. Support review of vendor master data and assist with fraud prevention procedures. Supervise and provide direction to the Cash Application Specialists to ensure timely and accurate posting of customer payments. Prepare monthly cash management reports summarizing cash positions and forecasts, providing management with insights into cash flow trends, funding needs, and process improvements. Administer company credit card programs (issue, limits, cancellations), ensuring adherence to company policies. Manage bank-issued letters of credit, maintaining accurate records and renewal schedules. Develop, implement, and maintain treasury policies and procedures, ensuring adherence to segregation of duties and best practices. Lead initiatives to automate and streamline cash management, payment processing and banking interfaces. Report on KPIs defined by the leadership team. About You Bachelors degree in Business Administration, Finance, Accounting or a related field CPA designation or progress toward CPA preferred Minimum 7+ years of progressive experience in Cash Management, Treasury or related financial operations Minimum 2-3 years in a supervisory capacity Salary Range $110,000 - $130,000 / year How to Apply Click the Apply Now button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #466781 You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our clients requirements for this role. Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individuals skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the companys 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products. #J-18808-Ljbffr