Treasury and Shareholder Relations Specialist

Job Summary

The Treasury and Shareholder Relations Specialist position aids the Financial Accounting Manager in providing direction over the company’s cash management efforts (such as banking, cash budget/forecasting models, and financing of both receivables and payables). Reporting on all Credit Facility compliance requirements, as well as managing all internal shareholder relationships and shareholder debt servicing.

Job Functions

• Manage banking relationships, bank account needs, and all related banking documentation
• Manage bank account administration, including opening and closing bank accounts, maintaining bank signer records
• Lead process improvement and automation initiatives, as well as collaborating on ad hoc treasury projects, partnering with accounting departments, legal and IT
• Manage global cash management operations, including daily positions in multiple entities and accounts, with a keen, inquisitive eye for improvement opportunities
• Provide guidance to General Ledger, Disbursement and Receipts teams to ensure accounting transactions are properly and timely recorded
• Prepare, analyze, refine, and optimize accurate cash forecasts while also seeking opportunities to drive optimal cash outcomes
• Manage debt portfolio to ensure compliance with all key covenants and obligations
• Steward and facilitate all Letters of Credit, including maintaining sufficient capacity to meet future business needs
• Provide future projections of debt portfolio for long-term acquisition and organic growth
• Assist in the selection of new/replacement accounting and ancillary treasury systems to support a fast-growing business environment
• Maintain current process documentation and ensure appropriate internal cash controls are in place and being followed for existing and acquired banking

shareholder Relation Functions

• Maintain Capital Table monthly
• Reconcile all member equity general ledger accounts
• Calculate quarterly and annual true-up of distributions for each member
• Manage all debt servicing for minority partners (internal and external), including interest and principal calculations
  • Manage all required documentation, standard operating procedures, and communication with members related to the shareholder lifecycle
  • New ownership (via Acquisition, or Qualification) issuances as well as Puts/Calls and final Repurchases of units by the company
• Manage all funding for each component of the shareholder lifecycle
• Communicate regularly with all shareholders to advise them on processes and required documentation. This includes quarterly Partner Calls that invite all members to receive current/relevant information.
• Participate in seminars and other training to maintain required licenses and for knowledge and skill development
• Communication of tax reporting (K-1 components), profits, interest, cost, and amortization where applicable related to tax impact of ownership

Additional Responsibilities

This job description is intended to describe the level of work required of the person performing the position. Essential functions are outlined; however, other duties may be assigned, as needs arise, or as required to support the essential functions. Specific performance objectives may be developed each year to measure the performance of the tasks and functions listed in this job description.

Remote work opportunities vary by location, department, and business need and are subject to change, as needed. Each manager will provide details on any telecommuting opportunities, as well as scheduling, within their department.