Treasury Manager
Treasury Manager
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Job Description
Our Company:
At Beanfield we are about building communities not just networks. For over 35 years we have been proud to build own and operate an extensive & robust fibreoptic network throughout Toronto Montreal and Vancouver. We believe that people are at the heart of everything we do. Were committed to making life better for our customers our employees and the communities where we live and work.
Founded in the underserved Toronto neighbourhood of Liberty Village weve always understood the importance of connection. Thats why we committed ourselves to building a fibreoptic network throughout the community and have continued to expand our network ever since.
Now with over 450 employees we continue to deploy our own independent construction fibre splicing installation network operations and support teams. Our services are delivered to over thousands of commercial and residential service addresses using Beanfield owned facilities.
Position Summary:
We are seeking a highly skilled and detailoriented Treasury Manager to oversee Beanfields treasury operations and insurance functions. The successful candidate will be responsible for managing the companys cash flow liquidity investments and insurance programs ensuring financial stability in support of strategic objectives.
Key responsibilities include preparing cash flow forecasts managing banking relationships and optimizing investment strategieswhile ensuring compliance with financial agreements and minimizing financial risk. This role will also oversee cash flow movements across entities involved in a secured notes offering through a private placement securitization transaction.
A successful candidate will drive efficient cash management optimize funding structures and maintain compliance with all financial and regulatory requirements.
Key Responsibilities:
Cash & Liquidity Management
- Manage all aspects of cash management including account funding wire transfers and cash concentration
- Support longterm capital market activity including the private placement for secured notes and oversee regular cash flow movements within the entities set up for the secured notes issue ensuring timely transfers between accounts and alignment with transaction requirements and any other regulatory and term sheet obligations.
- Monitor liquidity positions across various funding structures ensuring optimal cash flow management.
- Maintain and enhance cash forecasting processes providing visibility into shortterm and longterm liquidity needs.
Risk Management & Issue Resolution:
- Proactively identify potential cash flow risks such as timing mismatches or compliance issues and implement mitigating strategies.
- Investigate and resolve discrepancies related to cash transfers ensuring seamless treasury operations.
- Work closely with internal and external stakeholders to address operational and compliance challenges.
- Track liquidity positions and foreign currency and interest rate exposures and implement policies and processes to manage the risks and ensure proper accounting
- Create and administer an insurance framework to control financial risks to ensure the proper balance
- Proactively stay updated on market trends economic conditions and regulatory changes that may impact treasury operations
Compliance & Transaction Monitoring
- Ensure compliance with transaction documentation regulatory requirements and internal treasury policies.
- Collaborate with legal and compliance teams to maintain the integrity of securitization structures.
- Support audits and regulatory reporting by maintaining accurate transaction records.
Transaction Reconciliation & Reporting
- Conduct regular reconciliations of cash positions and sweeping activities identifying and resolving any discrepancies.
- Provide accurate reports on cash flows and balances to senior management
- Maintain detailed records of all transactions for audit and regulatory purposes.
Process Optimization & System Enhancement
- Create policies and processes for corporate treasury including accounting internal controls and ensure they are being adhered to
- Identify opportunities to streamline treasury processes and automate cash management activities.
- Partner with banking institutions and technology teams to enhance treasury infrastructure.
- Implement best practices for efficient and scalable cash operations including implementation and use of technology (ie. TMS AI).
Strategic Growth
- Play a key role in evolving the companys funding strategy by supporting future rounds of securitization and debt financing.
- Collaborate with senior leadership to refine funding strategies and drive longterm financial stability and efficiency.
Skills and Qualifications
- Bachelors degree in Finance Accounting Business or a related field. Professional certification (e.g. CTP CFA) is a plus.
- 5 years of experience in treasury operations management or structured finance.
- Strong understanding of cash management funds flow for secured notes offering funding structures preferred.
- Exceptional analytical and problemsolving skills with attention to detail and also have the ability to step back to see the big picture.
- Strong communication (written and verbal) and collaboration skills with experience working with internal team members and external financial partners.
- Previous experience with improving processes and demonstrated ability to find innovative solutions to problems to manage financial risks
- Selfstarter excellent ability to multitask and prioritize and manage time and work under pressure
- Previous experience in managing financial risks through insurance and ensuring the proper processes in place to gather information to support insurance renewals reduce.
Whats in it for you
- Competitive base salary with a yearly performance bonus tied to both company success and your individual achievements.
- Permanent fulltime position.
- A comprehensive group insurance plan medical dental vision care with health and lifestyle spending accounts.
- A fantastic parental leave topup program.
At Beanfield we are proud to be an equalopportunity employer.
We are committed to fostering a diverse and inclusive workplace where all qualified applicants are considered for employment without regard to race colour religion gender gender identity or expression sexual orientation national origin genetics disability age or any other protected status.
Beanfield is dedicated to providing access equal opportunity and reasonable accommodation for individuals with disabilities in all aspects of employment as well as in our services programs and activities. If you require accommodation during the application or interview process please contact us at.
Please note that candidates must be legally eligible to work in Canada at this time. We regret that Beanfield is unable to sponsor employment Visas.
Please note that all communication regarding recruitment and hiring at Beanfield will come exclusively from email addresses ending in@beanfield. We urge candidates to be cautious of any unsolicited messages or offers and to remain vigilant against phishing attempts.
Required Experience:
Manager
Employment Type
Full-Time
