Treasury Operations Manager jobs in Middletown, DE

Company Overview

Great Gray Trust Company (“Great Gray”) is an innovative provider of Collective Investment Trusts (CITs) committed to expanding and evolving in the retirement space. Our fiduciary heritage is the cornerstone for designing and implementing dynamic, value-driven solutions for clients and participants. Our legacy originated with Great Gray's predecessor (Wilmington Trust), an institution steeped in fiduciary heritage. This foundation enables Great Gray to be focused on the future of CITs, while delivering industry-leading solutions and service as Great Gray Trust Company.

While fiduciary strength and expertise is in our DNA, innovation drives us. Our investment in technology and innovative thinking differentiates us. We take pride in being pioneers in the industry showcasing first of its kind technological advances, such as boardingpass™.

Position Summary

Reporting to the CFO, the Treasury Manager will facilitate managing firmwide treasury responsibilities on behalf of the Finance department. The role will liaise between accounting, financial planning and analysis (FP&A), and relevant business units, in overseeing the firm’s cash and liquidity, including recurring reporting.

This role will be a full-time hybrid model with 4 days onsite in our Wilmington, DE office.

Key Responsibilities:

• Bank Account Administration. Opening, closing accounts, liaising with bank representatives. Administering access to accounts within Great Gray.
• Funds Transfer. Oversee all EFT activity, including initiation, approval and settlement oversight; facilitate reconciliations with Accounting of all activity.
• Cash & Liquidity Reporting. Recurring reporting of operating, custody, brokerage and money market, and sub-advisor float balances firmwide.
• Liquidity Management & Short-Term forecasting. Maintain short term (2 week) cash forecast of settlements, in coordination with FP&A and accounting. Facilitate movement of funds between relevant accounts (opex, money market, brokerage) to satisfy payment obligations, and considering interest and investment yield opportunities on excess cash.
• Debt Management and Administration. Manage Great Gray’s debt facilities, including draw notices, principal and interest payments, interest rate resets, covenant and compliance delivery; monitor interest rate risk, including facilitating derivatives execution and interest rate risk management.
• Lease Administration. Manage all lease obligations, including communications with landlord regarding lease, utility and other recurring and periodic invoices.
• Credit Card management. Manage inventory of corporate cards, including applications for issuance and removal (upon termination/departure), reconciling monthly activity with Accounting and for policy compliance, and recurring activity reporting.

Qualifications and Skills:

• Bachelor's Degree in finance or accounting
• Minimum 5 years relevant experience in a treasury function.
• Experience working with web-based bank cash management systems or treasury management systems.
• Working knowledge of bank cash management offerings and practices, and experience with banking relationship management relating to treasury cash management.
• Experience with range of liquidity products including bank and fund money market products, short term securities (e.g., treasuries, GSE backed bills, and high grade CP).
• Firm understanding of treasury policy and process, including experience with policy compliance.
• Proficiency in Microsoft Office (Word, Excel and PowerPoint)
• Detail-oriented, excellent analytical and quantitative skills.
• Flexibility in handling multiple priorities in fast changing environment.
• Reliable and responsive to business requests.

Preferred Qualifications:

• Experience in high growth companies.

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