Senior Manager, Treasury

at  Plusgrade

Travel is not just about the destination; it’s about every memory made along the way. We are dedicated to shaping the future of travel by partnering with 200+ airline, hospitality, cruise, passenger rail, and financial services companies to create new, meaningful revenue streams through incredible customer experiences. Rooted in our core values of being ambitious, innovative, and collaborative, we are driven to continuously raise the bar, exceed expectations, and bring out the best in everyone, fostering a culture where we believe we are better together, working towards an extraordinary future in travel. Come help us transform everyday travel into extraordinary experiences.

WHAT YOU’LL LOVE ABOUT US:

\uD83C\uDFE6 RRSP/401(k) Matching/ Pension Matching
\uD83C\uDFE5 Comprehensive Health Plans
\uD83D\uDCC5 Flexible Paid Time Off
✈️ Travel Experience Credit
\uD83E\uDDD8 Annual Wellness Credit
\uD83E\uDD57 Team Events and Monthly Lunches
\uD83D\uDCBB Home Office/Commuter Credit
\uD83C\uDF05 Work From Anywhere Program
\uD83C\uDF7C Parental Leave Top Up
\uD83C\uDF0D Adventure Pass

ABOUT THE ROLE:

Reporting to the VP, Tax & Treasury, As our successful Senior Manager of Treasury, you will be managing the day to day cash management operations of Plusgrade.
You will be an integral part of the Treasury team and will assume ownership of executing key processes within Treasury to facilitate day to day operational activities.

WHAT YOU WILL BE DOING:

Cash Management

• Assisting the VP, Tax and Treasury, manage the day to day global cash function including investing, cash concentration, disbursements, account setup and funding, and analysis / reporting on Treasury KPI’s
• Manage excess cash and maximize the ROI in compliance with the Board approved investment policy, recommending changes to investments and policies to address changes in market conditions
• Lead operational improvement projects and procedures for payment operations, bank account openings, bank account maintenance, and other operations activities
• Work collaboratively with the FP&A team to accurately forecast cash balances - you will own the company’s cash projections by incorporating revenue and expense forecasts, and future tax payments and capital expenditures
• Identify and assist in implementing treasury best practices
• Manage intercompany funding including timely settlement of intercompany balances
• Manage short and long-term subsidiary funding needs while monitoring and assessing economic and regulatory conditions for foreign currency exposure
• Lead and manage of a team of 3 Treasury Analysts
• Monitor and ensure compliance with banking covenants, including forecasting out cash requirements and their impact on covenants

Foreign Exchange

• Execute against the Corporation’s FX hedging program, making recommendations on appropriate hedge levels and identifying FX risk areas to senior management
• Monitor currency rates to forecasted income statement and balance sheet unrealized gains (losses)

Banking Relationships

• Maintain daily banking relationships including bank system reporting, account balances, fees, letters of credit, and corporate guarantees
• Manage employee access to banking systems on a global basis
• Ensure accurate and complete account maintenance including authorized signatories and approvers, opening and closing accounts, and adding services

External / Internal Reporting, Controls & Compliance

• Calculate financial ratios required for credit facility compliance purposes and prepare the compliance package required for submission to lenders
• Compile and analyze treasury information to meet monthly, quarterly and fiscal year end management reporting and external auditor requirements
• Assist in drafting of Audit Committee / Board slides as it relates to Treasury operations and initiatives
• Work with Risk & ePayments team to ensure cash processing is meeting Corporate legal entity structure objectives of Points
• Work with IT and banking partners to automate workflows for more efficient and auditable compliance and internal controls
• Review and approve month end journal entries and accruals for all loans, foreign exchange and bank transactions
• Ensure accuracy and completeness of related general ledger transactions
• Review and approve bank reconciliations
• Oversee or participate in ad hoc projects and other responsibilities as needed