Job Details
Job Location: Temecula - Temecula, CA
Salary Range: $75,000.00 - $125,000.00 Salary
Description
Position Summary
The Supervisor, Cash Management is responsible for managing and overseeing all aspects of the daily treasury operations to meet the financial objectives and obligations of the organization. This Treasury Management would include cash applications, monitoring/requesting borrowings from the bank to meet daily cash needs, reconciliation of bank accounts and statements, and the overseeing and development of additional internal controls. This role is also responsible for monitoring cash reporting and forecasting which includes monthly cash receipts and loan availability projections to ensure the company remains compliant with all lending covenants. Timely and accurate management of monthly Borrowing Base Certificate (BBC), and management of our SOFR and other miscellaneous borrowings. Prepares materials and reports using standard technologies and procedures as required by Finance and Management.
This position directly interfaces cross-functionally with department managers and other employees within the company, bank or other external auditors, other external vendors/service providers, and other financial personnel.
Essential Functions and Duties
- Supervise and provide directions and guidance to cash applications and treasury teams, including timely and accurate creation of cash flow and loan forecasts, and bank and loan reconciliations.
- Data analysis and reporting within corporate financial system.
- Create and/or update operating procedures for treasury/cash function.
- Create cash analytics to present to key stakeholders.
- Coordinate loan facilities (SOFR) with the bank and request renewals, as necessary.
- Manage Borrowing Base Certificate (BBC) monthly reporting.
- Hires, trains and leads a team; motivates subordinates to perform and guides them and the department to success.
- Supervise the preparation of cash flow forecast and assist management in analyzing and forecasting cash flow trends.
- Assist in bank and external audits, and review covenants for loan process.
- Manage and review periodic bank reports and other requirements.
- Monitor liens arising from loans issued by various lending institutions.
- Adheres specifically to all company policies and procedures, Federal and State regulations, and laws.
- Display dedication to position responsibilities and achieve assigned goals and objectives.
- Always represent the Company in a professional manner and appearance.
- Understand and internalize the Company’s purpose,
- Display loyalty to the Company and its organizational values.
- Display enthusiasm and dedication to learning how to be more effective on the job and share knowledge with others.
- Work effectively with co-workers, internal and external customers and others by sharing ideas in a constructive and positive manner; listen to and objectively consider ideas and suggestions from others; keep commitments; keep others informed of work progress, timetables, and issues; address problems and issues constructively to find mutually acceptable and practical business solutions; address others by name, title, or other respectful identifier, and respect the diversity of our work force in actions, words, and deeds.
- Comply with the policies and procedures stated in the Injury and Illness Prevention Program by always working in a safe manner and immediately reporting any injury, safety hazard, or program violation.
- Ensure conduct is consistent with all Compliance Program Policies and procedures when engaging in any activity on behalf of the company. Immediately report any concerns or violations.
- Other duties as assigned.
Qualifications
Education, Knowledge, Skills, and Experience
Required Education:
- Bachelor’s degree in accounting, finance, or related field
Required Knowledge:
- Extensive reporting/ analytics experience
- Strong knowledge in banking and loan administration
- Strong working knowledge of MS office; Intermediate to advanced Excel
- Strong computer skills and experience working with fully integrated accounting system
Preferred Knowledge:
- Familiarity with SOFR (Secured Overnight Financing Rate), cash flow and loan forecasting
Required Experience:
- Minimum seven (7) years’ experience in treasury and asset-based and cash flow lending
- Minimum three (3) years’ experience in a supervisory role
Preferred Experience:
- Five (5) or more years of experience working in healthcare
Required Skills:
- Must have the ability to work with stakeholders throughout the organization, building a strong rapport and representing the Finance team in a positive manner; emulating FFF’s core values
- Must have strong organizational skills
- Must have a detail orientation and the proven ability to prioritize work
- Must have effective verbal and written communication skills
- Must have the ability to work with limited supervision and as part of a team
- Ability to effectively lead a team – coach, develop and motivate subordinates who work for you
- Sound decision-making abilities
- Strong analytical and communication skills are essential
- Ability to interact with banks, external auditors, taxing authorities and internal management effectively
- Requires an understanding of business processes, company policies, compliance, financial and all related systems
- The ability to document formal policies and procedures pertaining to your scope of responsibility.
Preferred Skills:
- Working knowledge of SAP ERP
Physical requirements
Vision, hearing, speech, movements requiring the use of wrists, hands and/or fingers. Must have the ability to view a computer screen for prolonged periods and the ability to sit for extended periods. Must have the ability to work the hours and days required to complete the essential functions of the position, as scheduled. The employee occasionally lifts to 20 lbs. and occasionally kneels and bends. Must have the ability to travel occasionally. Working condition include normal office setting.
Mental Demands
Learning, thinking, concentration and the ability to work under pressure, particularly during busy times. Must be able to pay close attention to detail and be able to work as a member of a team to ensure excellent customer service. Must have the ability to interact effectively with co-workers and customers, and exercise self-control and diplomacy in customer and employee relations’ situations. Must have the ability to exercise discretion as well as appropriate judgments when necessary. Must be proactive in finding solutions.
Direct Reports
Yes
EEO/AAP Statement
FFF Enterprises/Nufactor is an equal opportunity employer to all and prohibits discrimination and harassment based on the following characteristics: race, color, caste, religion, religious creed (including religious dress and grooming practices), national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic conditions), genetic information, marital status, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender, gender identity, gender expression, age (40 years and over), sexual orientation, veteran or military status, medical leave or other types of protected leave (requesting or approved for leave under the Family and Medical Leave Act or any state protected leaves), domestic violence victim status, political affiliation, reproductive health decision-making, and any other characteristic protected by state or federal anti-discrimination law covering employment. These categories are defined according to Government Code section 12920. The Company prohibits unlawful discrimination based on the perception that anyone has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics.
