AVP - Funding and Cash Management Specialist
1 month ago
Job Summary:
This role is responsible for managing and optimizing SALIC's cash flow, including overseeing the funding of operations and implementing cash management strategies. The successful candidate will work closely with financial institutions, treasury teams, and other internal departments to ensure cash is available when needed and maximum interest is earned on surplus funds.
Key Responsibilities:- Develop and execute funding strategies to support SALIC growth objectives, actively monitoring market conditions and identifying opportunities to raise capital or optimize funding sources.
- Manage SALIC's cash flows and liquidity position to ensure sufficient funds are available to meet operational and investment needs, monitoring cash inflows and outflows, managing bank accounts, and implementing cash management strategies.
- Develop and implement cash forecasting models to accurately project future cash flows and anticipate SALIC's short-term and long-term funding requirements.
- Monitor and manage interest rate risk, foreign exchange risk, and other financial risks related to funding and cash management activities.
- Lead a team of funding and cash management professionals, providing guidance, coaching, and performance management to drive optimal outcomes.
- Collaborate with internal stakeholders, such as treasury, finance, and business units, to align funding and cash management activities with SALIC's overall strategic goals and objectives.
- Stay up-to-date with industry trends, regulatory changes, and emerging technologies in funding and cash management to identify opportunities for process improvement, automation, and efficiency enhancement.
- Bachelor's Degree in Accounting or Finance (Master's preferred).
- Minimum of 7-11 years of experience in funding and cash management.
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