Treasury Supervisor jobs in Michigan

My client, located in Rochester, Michigan, is offering an exciting opportunity in the automotive industry. We are in search of a Treasury Manager who will be responsible for customer invoicing, cash forecasting, and managing the month-end close process. This role also includes ensuring compliance with company policies and regulatory requirements and working closely with various internal departments.

Responsibilities:

• Manage the planning, strategic goals, and objectives of the department, identifying areas of improvement to enhance cash collection cycle.

• Monitor and evaluate staff performance, providing constructive feedback and coaching when necessary.

• Manage day-to-day operations while identifying inefficiencies and developing new concepts and procedures.

• Handle the monthly close process, including preparing journal entries and balance sheet account reconciliations.

• Support financial planning by forecasting cash and ensuring financial statements are complete, consistent, and accurate.

• Calculate and prepare the allowance for doubtful accounts allowance for price adjustments.

• Conduct statistical and analytical studies for cash and revenue fluctuations, preparing regular and special reports for review in planning and evaluating department objectives.

• Ensure compliance with J-Sox internal controls and lead quarterly and annual financial audits for areas of responsibility.

• Build strong relationships with internal departments such as Sales & Marketing, Purchasing, Customer Service, Accounting, and Shipping/Warehouse to boost profitability.

• Approve, establish, and maintain credit limits on all new and current customer accounts.

• Work with internal departments and clients to regulate and resolve hold/release sales orders in accordance with internal policies and rules.

• Develop guidelines for managing overall AR aging, monitoring of customer accounts, reducing past dues, recommending write offs and improving DSO.

• Ensure payments to vendors are accurate and timely.

• Manage online banking applications and banking relationships.

• Approve and ensure proper handling of new customer and vendor setup.

• Provide support toward the certification and ensure compliance to customer required quality management systems.

Minimum Requirements:

• Candidate must have a minimum of 7 years of experience in the field of Treasury Accounting with the minimum of a bachelor's degree in accounting

• Proficient in Accounting Software Systems (SAP)

• Comprehensive understanding of Accounting Functions is essential.

• Experience with Accounts Payable (AP) is required.

• Familiarity with Banking Operation and Cash Activity is needed.

• Experience in the Automotive industry is preferred.

For immediate consideration, email an updated resume to david.harting@roberthalf.com