"Alerted.org

Sr. Manager, Treasury

Job ID: 6089034

Date Posted:May 9, 2025

JOB DESCRIPTION

Sr. Manager Treasury

Salary Grade: G03

Minimum Midpoint Maximum

$121,529 - $164,065 - $206,600

This position is posted until filled

Given the financial nature of this position, this position has been defined as a position requiring a credit check. Prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a credit background check.

SUMMARY:

Oversees cash management initiatives, bank relationships, day-to-day treasury operations, remittance processing, establishes short-term borrowing needs and recommends short-term investing initiatives. Designs and implements cash management systems and services. Negotiates the local bank lines of credit and letters of credit. Manages certain aspects of working capital and credit management. Provides back-up project management for financing transactions during peak financing activity. Accesses the products, services, technologies and systems that are available and appropriate for treasury departments.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

+ Manages all aspects of daily cash flow including payment alternatives and processing, corporate liquidity, cash forecasting, short-term debt and investment decisions and related treasury information systems

+ Managers the Company's cash flow process to ensure each affiliate has sufficient liquidity while optimizing the short-term debt expense and the short-term investment income

+ Directs the work product of internal and external resources within a project management framework to develop and utilize the best available mix of bank, dealer and vendor supplied debt/investment facilities and information technologies

+ Oversees revolver facilities, letters of credit issuances and financing projects as required

+ Develops, implements and utilizes credit programs to manage short-term debt expenses

+ Directs internal and external resources to coordinate program implementation and back-office systems and processes supporting their use

+ Oversees treasury services and local lines of credit and letters of credit bank relationships and e-commerce service providers, negotiating product and service delivery and pricing

+ Establishes and maintains bank and vendor relationships in order to determine strategic and tactical strategies/plans to further continued objective to manage cash flow process

+ Establishes and maintains the network of industry experts and peers that provide access to information regarding credit/investment, treasury services, payment alternatives/processing and regulatory options and industry directions

+ Develops and supervises management of Treasury policies and procedures including compliance with SOX and internal control frameworks

+ Revises, documents and reviews departmental policies and guidelines regarding project management for financing transactions and cash remittance and management operations; continuous process improvement and process mapping are tools used in this effort

+ Recommends items for strategic planning and alternative financing strategies; recommendations are tendered for discussion and consideration for long-term planning and potential short-term credit products and their applications; continuous discussion with network of internal/external relationships leading to new insights and different options to consider

COMPETENCIES:

+ Managerial and supervisory experience

+ Ability to solve complex practical problems and deal with a variety of concrete variables in situations where only limited standardization exists

QUALIFICATIONS:

MINIMUM EDUCATION AND/OR EXPERIENCE:

Bachelor's degree from a four-year college or university with emphasis in finance or Information Technology or Accounting with seven to nine years related experience, including two years management experience; or equivalent combination of education and/or experience related to the discipline.

Masters of Business Administration (MBA) preferred.

CERTIFICATES, LICENSES, AND REGISTRATIONS:

Certified Treasury Professional (CTP) certification is preferred.

Accredited ACH Professional (AAP) certification is desirable.

COMMUNICATION SKILLS:

Ability to read, analyze, and interpret general business periodicals, professional journals, and governmental regulations

Ability to write reports, business correspondence, and procedure manuals

Ability to effectively present information and respond to questions from management

Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community

ANALYSIS AND PROBLEM-SOLVING ABILITY:

Ability to solve complex practical problems and deal with a variety of concrete variable in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS:

While performing the duties of this job the employee is regularly required to sit up to 2/3 of the time. The employee must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT:

Office environment.

SAFETY AND ADA STATEMENT

Safety Statement:

Safety is a core value at (TXNM Energy/PNM/TNMP) and our vision, "everyone goes home safe", reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

Americans with Disabilities Act (ADA) Statement:

If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.