Senior Cash Management and Treasury Manager

Forward Financing•Boston, MA

1d•$145,000 - $185,000•Hybrid

About The Position

Forward Financing is a financial technology company based in Boston, Massachusetts with team members throughout the United States, Dominican Republic, and Canada. The company is on a mission to unlock the capital that fuels small businesses across America. Recognized as a Best Place to Work by Built In Boston and certified as a Great Place To Work®, Forward is investing in its employees, technology, and customer experience – with long-term success in mind every step of the way. In this role you will: Manage daily oversight, management, and performance reporting of daily cash forecasting and liquidity Own daily cash pooling and visibility across all bank accounts, financing entities and short term investments Lead the 13-week, quarterly and annual rolling cash forecast and develop processes to improve forecast accuracy Continuously evaluating and adjusting minimum operating cash and reserve requirements Enhance payment approval workflows and controls Evaluate and implement Treasury Management System (TMS), ensuring bank connectivity, data integrity, and seamless integration with existing applications Create and own dashboards that relate to cash collections, rejection rates and seasonality, that can be distributed to senior management Partner cross-functionally with Tax, Payroll, FP&A and AP to strengthen automation and forecasting capabilities Manage banking relationships and payment processor and other money movement vendor relationships, including bank account opening, KYC, fee negotiations Support with warehouse onboarding, amendments, and borrowing base reporting Assist with due diligence pertaining to various financing entities Why you should apply: Mission driven company: Forward is a trusted source of fast, flexible funding for small businesses that have often been underserved by traditional financing options. When you join the team, you will help ensure all small businesses have access to the financial support they need to succeed. Flexibility is a top priority: Our employees are empowered to choose where they want to work (whether that’s from home, in the office, or a combination of both) with flexible hours.

Requirements

7+ years’ treasury experience at a small business, consumer lending, mortgage or large global company
Subject matter expertise in cash forecasting and treasury operations
Strong knowledge of banking and treasury management systems (e.g. Kyriba) and software, payment methods, settlement, confirmation processes and banking platforms such as CashPro
Superior attention to detail and ownership of business outcomes
Strong communication, interpersonal and presentation skills, including direct experience preparing materials and/or presenting to executive audience, proven ability to both listen effectively, articulate complex concepts simply and coherently
Ability to network across the company, including internationally, to support global initiatives and team management
Bachelor’s degree in business, finance or related field required

Nice To Haves

Master’s degree or equivalent experience such as a CTP, CFA or MBA a plus.

Responsibilities

Manage daily oversight, management, and performance reporting of daily cash forecasting and liquidity
Own daily cash pooling and visibility across all bank accounts, financing entities and short term investments
Lead the 13-week, quarterly and annual rolling cash forecast and develop processes to improve forecast accuracy
Continuously evaluating and adjusting minimum operating cash and reserve requirements
Enhance payment approval workflows and controls
Evaluate and implement Treasury Management System (TMS), ensuring bank connectivity, data integrity, and seamless integration with existing applications
Create and own dashboards that relate to cash collections, rejection rates and seasonality, that can be distributed to senior management
Partner cross-functionally with Tax, Payroll, FP&A and AP to strengthen automation and forecasting capabilities
Manage banking relationships and payment processor and other money movement vendor relationships, including bank account opening, KYC, fee negotiations
Support with warehouse onboarding, amendments, and borrowing base reporting
Assist with due diligence pertaining to various financing entities