Treasury Manager

At SWM, we’ll never be okay with status quo.

We are committed to raising standards, providing growth opportunities to our employees and giving our customers the answers, the value, and the edge they need to compete and win. 

At SWM, Essential isn’t just what we make.

Every day, our papers, films, and nets and nonwovens are used in a diverse range of products, applications and industries around the world.

As experts in highly engineered materials made from fibers, resins and polymers, we provide solutions to make products stronger, more durable and with increased performance. From accessory materials for face shields and medical devices, to protective helmets for hospital workers, law enforcement and military, to support layers for filtration and Reverse Osmosis (RO) applications for clean drinking water – and much more, we are proud to serve customers who make a world of difference in the markets they operate in and the products they improve. 

We have an opportunity for a Treasury Manager in our Shared Services business unit.

Summary of Responsibilities:

The Treasury Manager is responsible for ensuring efficient and effective day-to-day Treasury operations.

This position also plans, organizes, and controls the accounts receivable and credit/collection functions for assigned locations or account portfolios, oversees company cash flow, and provides overall support for the Treasury function.

Primary Responsibilities:

• Executes compliance protocols guided by SWM’s Global Treasury Policy and Global Cash management policy.
• Manages treasury operations and controls (cash pooling/sweeping, forex hedging, payments, etc.)
• Administrates the Cash Reporting System, providing support for cash forecasting, weekly cash reporting, and the monthly treasury close process.
• Provides analysis on financial risks in-market, including foreign exchange, interest rates and P&L impact.
• Reviews all Treasury implications in connection with local or regional acquisitions and divestitures, providing support to the Treasury department leader.
• Opens/closes bank accounts and performs bank maintenance functions as needed.

  Analyzes banking products and determines best fit for SWM’s needs.

• Collects the information needed to determine customer creditworthiness and to support the approval/recommendation to extend related credit.
• Responsible for maintenance and regular reviews of existing customer accounts to determine granting of credit, credit limit changes that reflect the most recent experience and profile of the customer.
• Systematically reviews past due accounts and collaboratively works with business partners to create action plans to ensure speedy collection on past due accounts.
• Provides risk analysis for credit approvals, holds, and releases.
• Documents communications with customers concerning payments, disputes alternatives, decisions and other relevant matters.
• Analyzes and provides monthly credit and treasury information to senior management, which also includes a summary of customers with significant balance due and/or customers with balances exceeding 60 days past due.

  Supports initiating collection calls and resolution of past due receivables.

• Ensures compliance to internal control policies and procedures and all federal, state and local laws.
• Supports or participates in operational excellence projects that are focused on simplifying and automating cash collection processes.
• Supports special projects as needed and other duties as assigned.
• Up to 10% travel required.

Education/Certifications:

• Bachelor’s Degree preferred in Accounting, Business or Finance with 3
  – 5 years’ experience in a Treasury and or Credit/Collection function, or a similar combination of education and experience.

Required Skills:

• High attention to detail.
• Expertise in assessing customer default risk.
• Advanced MS Office Skills; Advanced Excel
• Strong analytical skills
• Experience with ERP systems
• Excellent verbal, written and interpersonal communication skills
• Proven ability in leading a team
• Ability to influence leaders with no direct reporting structure
• Excellent customer service attitude and actions
• Ability to multitask in a time sensitive environment

Note: The above statements are intended to describe the general nature and level of work being performed by the incumbent.

They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of this position.