Manager, Treasury Operations
Reporting to: VP, Corporate FP&A & Treasurer (or equivalent)
This role is responsible for supporting Omnicell’s global treasury operations, with a focus on day-to-day cash management, banking administration, compliance activities, and people leadership. The Manager, Treasury Operations will execute core treasury processes, support strategic initiatives, lead one direct report (Treasury Analyst), and partner cross‑functionally to improve working capital visibility, liquidity management, and operational controls.
Key Responsibilities
Treasury Operations & Analysis
- Manage day-to-day treasury operations including cash concentration, wires, daily cash reporting, and short-term liquidity management.
- Execute daily investment and borrowing activity in accordance with company policy.
- Support global cash management activities, including foreign entity cash positioning, intercompany settlements, and cash movements related to payroll, inventory purchases, and operating needs.
- Owns relationships with banks and financial institutions, including assistance with fee reviews and service enhancements.
- Monitor compliance with bank covenants and prepare quarterly compliance reporting for banks and auditors.
- Track and analyze interest rate and foreign exchange exposures; make recommendations on hedging strategies; support execution and monitoring of hedging activities (e.g., swaps, forwards) as directed.
- Assist in cash management planning and forecasting activities; help enhance automation of cash reporting and forecasting processes.
- Develop and maintain cash flow and balance sheet forecasts by legal entity and on a consolidated basis to support liquidity planning.
- Develop and maintain treasury metrics, dashboards, and reporting packages.
- Evaluate and drive implementation of treasury systems and technology solutions
- Prepare treasury-related disclosures for Form 10‑K and 10‑Q.
- Budgeting and forecasting for treasury-related expense accounts, including interest expense/income, banking fees, and departmental operating expenses.
- Maintain administration and documentation for company bank accounts and authorized signatories.
- Support special projects, including analysis for capital structure decisions, financing activities, and presentations for senior management.
People Management & Process Leadership
- Directly manage and develop one Treasury Analyst, including goal setting, coaching, performance feedback, and career development.
- Review and approve work product prepared by the Treasury Analyst, ensuring accuracy, timeliness, and adherence to internal controls.
- Assign and prioritize work across recurring operations and project-based tasks.
- Promote strong controls, documentation standards, and knowledge sharing within the treasury function.
- Lead and participate in process improvement initiatives, including documentation of treasury policies, procedures, and internal controls.
- Support Sarbanes‑Oxley (SOX) compliance activities for treasury, including control documentation, testing coordination, and audit requests.
Required Knowledge And Skills
- Solid understanding of corporate treasury operations, cash management practices, and banking products.
- Demonstrated ability to manage and develop staff either as a direct manager or lead, including coaching, prioritization, and performance management.
- Strong analytical, organizational, and problem-solving skills with attention to detail.
- Ability to collaborate effectively with finance partners and cross‑functional stakeholders.
- Clear written and verbal communication skills, including the ability to review and provide constructive feedback.
- Working knowledge of banking regulations, internal controls, and compliance requirements.
- Experience with ERP systems and strong Excel-based financial modeling skills.
- Ability to manage multiple priorities and meet deadlines in a dynamic environment.
Basic Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or a related field.
- 5+ years of experience in corporate treasury, finance, or a related function, including experience in a publicly traded company environment.
- Prior experience managing or formally mentoring at least one junior team member.
- Experience supporting cash management, banking operations, liquidity forecasting, and debt transactions.
- Exposure to capital market transactions such as convertible debt or equity transactions.
- Familiarity with SOX and public company reporting requirements.
Preferred Qualifications
- MBA, CFA, or other relevant professional certification.
- Experience supporting international treasury activities.
- Exposure to treasury management systems (TMS) or banking platform implementations.
- Familiarity with FX or interest rate hedging concepts and instruments.
