Treasury Manager - Burlington, Canada - Opta Group LLC

Opta Group LLC

Verified Company

Burlington, Canada

2 weeks ago

Posted by:

Sophia Lee

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Description

Opta's purpose is to be the leading supplier of performance materials and solutions in the steel, infrastructure, and specialty chemical industries.

ABOUT OPTA GROUP
Opta is a globally integrated processor, distributor, and seller of industrial minerals.

We strive to be the leading provider of innovative steelmaking reagents, slag conditioners, and metal remediation materials consumed in the North American and European markets.

We aim to be the market leader in steelmaking products through an unwavering focus on supporting our customers' needs. We measure our success by our presence in a majority of steel mills throughout the world. Opta's global business operates in approx. 14 tax jurisdictions.

The Treasury Manager role serves a critical role in the oversight of treasury operations and cash management for Opta in North America.

The Treasury Manager will also work very closely with the treasury team in Europe to manage the Company's global cash flows and financing activities.

Primary responsibilities will include cash forecasting, analysis, month end reporting, debt compliance, and maintaining proper internal controls.

The Treasury Manager will also be involved with corporate development and M&A activities, debt refinancing and alternative financing arrangements, and other special projects.

ESSENTIAL DUTIES & RESPONSIBILITIES

Manage strategic and daytoday treasury operations for the Opta group of companies in North America including daily cash management, shortterm investing and trade settlement activities, intercompany funding and foreign exchange transactions
Responsible for monitoring the Company's global liquidity position, including consolidated cash flows and debt positions
Act as the primary contact between the Company and key outside financial institutions, play a key role in developing and maintaining a strong relationship with lenders
Responsible for key treasury deliverables including developing and monitoring the Company's compliance with financial covenants, submission of borrowing base certificates, and responding to other requests from lenders
Develop and maintain daily, weekly, and monthly internal treasury reporting and KPIs, including the 13week cash flow forecast and treasury dashboard
Support management of the global insurance program
Assist with the preparation of monthly reporting packages to the senior management and shareholders
Develop of strong working relationships with key internal business partners (senior leadership team, business/department owners, finance organization, etc.)
Support operational needs as required by Accounting/Finance and Tax
Drive continuous process improvements; leverage systems and available technology to automate process for efficiency and scalability
All other duties as assigned

CANDIDATE PROFILE

Specific performance and personal competencies:

Articulate, straightforward, and succinct with excellent verbal and written communication skills
Capacity to work successfully with peers in the pursuit of common enterprisewide goals
Ability to produce results through influence and persuasion, as opposed to direct line authority
Wellrounded business acumen and experience in assessing operations and business processes
Strong analytical, financial and systems skills
Experience with Power BI, Tableau or other data analytics tools would be an asset
Proficiency in commercial online banking platforms
Passion for producing results that have an impact
Desire to advance in the organization

Education:

Bachelor's degree in Finance or related area
CPA, CFA, CTP or MBA would be an asset

Experience:

5 to 10+ years related experience in treasury; or equivalent combination of education and experience
Experience working in a multinational, multicurrency environment would be an asset

TRAVEL REQUIREMENTS

Limited travel

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Duties, responsibilities, and activities may change at any time with or without notice

Our vision is to expand our geographic reach with effective solutions and to diversify into other basic materials industries such as aluminum, copper, concrete, and glass.

We will accomplish this by leveraging our customer-focused approach with our innovative product portfolio, equipment, and service.