Manager, Treasury and Collections

The Company

The Role

As a Manager Treasury and Collections at a Private Equity backed (PE-backed) SaaS software company you will oversee the companys treasury collections and support financial reporting activities. This role is responsible for ensuring the timely accurate and compliant preparation of internal and external financial reports supporting cash management activities and driving effective collections processes. Operating in a fast-paced and exciting environment you will work closely with finance and operational teams to provide financial insights maintain strong financial controls and support the ongoing development of treasury and collections processes. The successful candidate will be expected to implement new systems and tools establish governance frameworks and build out automated dunning processes to support a high-growth PE-backed environment.

This job posting is being used to fill an existing vacancy.

What You Do

Treasury

• Monitor cash balances and support cash management activities to ensure adequate liquidity across all entities.
• Assist in preparing and maintaining cash-flow forecasts and monitor forecast accuracy against actual results.
• Support the identification and management of financial risks including foreign exchange and interest rate exposures.
• Partner with the Senior Manager of Accounting on treasury activities including cash optimization and funding requirements.
• Maintain relationships with banking partners and assist with banking administration financing activities and compliance requirements.

Collections

• Oversee day-to-day collections activities and leadership to the collection staff.
• Monitor accounts receivable aging and implement initiatives to improve collection effectiveness.
• Ensure compliance with company credit policies and applicable legal requirements.
• Prepare and analyze collections reporting KPIs and account status updates for finance leadership.
• Partner with internal stakeholders to resolve customer account issues and improve cash collection performance.

Corporate Reporting

• Prepare and deliver management and leadership a 12-month rolling cash forecast that provides meaningful insights into financial performance and business trends. (examples: Days Sales Outstanding ratio and Accounts Receivable Turnover ratio)
• Support the preparation of consolidated financial reporting and ensure compliance with US GAAP tax and company reporting requirements.
• Analyze financial results and provide commentary on variances trends and key business drivers.
• Identify opportunities to streamline reporting processes through automation standardization and process improvements.
• Partner with accounting FP&A and operational teams to validate financial results and improve reporting accuracy.
• Support team members responsible for reporting activities.

What You Bring

• Bachelors degree in Accounting (CPA designation required).
• 68 years of progressive experience in accounting financial reporting treasury or financial operations.
• Strong knowledge of financial reporting accounting principles and US GAAP.
• Experience working with ERP systems (Sage Intacct and QuickBooks) treasury & financial accounts receivable collection reporting tools (Invoiced/Flywire Stripe and others) and treasury platforms & portals (Bank web portals such as JPMorgan and AMEX).
• Strong analytical and problem-solving skills with the ability to interpret financial results and identify key trends.
• Proven ability to collaborate effectively with cross-functional teams and build strong working relationships.
• Experience developing and monitoring treasury & collections KPIs and supporting process improvement initiatives.
• Excellent communication organizational and stakeholder management skills.
• Prior experience leading mentoring or coordinating the work of others is considered an asset.

Note:This position requires a security clearance from the Government of Canada. Candidates must be legally authorized to work in Canada and must successfully obtain andmaintaina Reliability security clearance. Please note that specific customer contracts may imposeadditionalsecurity verification requirements. Obtaining andmaintainingall required security clearances is a condition of employment. For more information on the Government of Canadas security screening process please visitPublic Services and Procurement Canada.

Versaterm is committed to fair and equitable compensation that is competitive consistent and aligned with the value each role contributes to our organization. The starting salary for this position will be dependent upon many factors such as the successful candidates skills experience education training as well as internal equity market data and business addition to base salary and our comprehensive benefits offering some roles may also be eligible for variable compensation such as incentive plans or discretionary performance bonuses.

AI is central to how Versaterm builds and delivers solutions for our customers. Within Talent Acquisition we use AI-enabled tools to support certain aspects of the recruitment process helping our team work more efficiently and spend more time connecting with great talent. AI supports our work but all hiring and employment decisions are made by people.

Versaterm is an equal opportunity employer and is committed to equity diversity inclusion and a barrier-free workplace. Accommodations are available upon request throughout all stages of the recruitment process and apply to the terms and conditions of employment. For more information please contact.