Manager Treasury Operations (hybrid)

Manager Treasury Operations

We are looking to hire someone to work in our Columbus, Ohio office on a hybrid schedule (2 days a week in office, moving to 3 days a week in office in September)

Job Summary
The Manager of Treasury Operations is responsible for ensuring appropriate policies, systems, procedures, controls, and staff are in place to meet the company's daily liquidity needs. Key responsibilities include managing short-term debt and investments in conjunction with the company's financing strategies, managing relationships with treasury management banks and commercial paper dealers, and monitoring economic factors and market trends to recommend actions to the Assistant Treasurer.

Essential Functions

• Manage daily operational liquidity by determining the net cash position of all company bank accounts and working with commercial paper dealers to raise needed funds or making arrangements to pay down debt with excess funds.

• Provide information related to short-term debt and long-term debt instruments to accounting for the monthly close process.

• Service long-term debt instruments by ensuring that principal and interest are paid on time and overseeing quarterly compliance activities.

• Coordinate cross-functionally to establish and maintain a rolling 52-week liquidity forecast, which is provided to the Treasurer and Assistant Treasurer to inform financing decisions.

• Prepare periodic reports to various finance teams on long-term debt, short-term debt, interest rates, interest expense, and cash flow.

• Govern and enforce cash management policies and best practices that maximize available cash and reduce risks.

• Oversee the company's cash management including but not limited to debt management, short-term investments, daily operations, bank account management, treasury management system, and bank portal administration in compliance with controls.

• Manage relationships with investment bankers, commercial paper dealers, and cash management service providers.

• Oversee money pool administration and facilitate intercompany funding protocols.

• Support cash related inquiries for internal audits, external audits, and regulatory data requests.

• Provide support to the corporate finance team with financing inputs for annual and strategic financial plans.

• Forecast the company's credit facility exposure including administration of all corporate letters of credit and corporate guarantees.

• Support deal related activities for capital markets transactions.

• Review and update key controls, flowcharts, and procedures.

• Initiate more efficient and effective processes for treasury and related departments including alternatives to reduce bank fees.

• Implement disaster recovery and emergency preparedness policies, documentation, and support drills to mitigate operational risk.

• Provide consulting and analytical support to the company for cash related projects.

• Lead, develop, and empower a team of analysts while building a culture of continuous improvement and knowledge sharing.

Required Qualifications for Position

• Bachelor's degree in finance, accounting, or economics

• At least 5 years of treasury management experience demonstrating progression in skills and responsibilities with fundamental knowledge of cash management and banking practices.

• Experience forecasting enterprise-wide cash flows.

• Commercial paper issuance experience.

• Experience in translating regulatory impacts on cash pool structures.

• Ability to work independently with emphasis on accuracy, attention to detail, timeliness, security, and confidentiality.

• Ability to meet deadlines and work on multiple tasks under pressure.

• Plan, organize, and maximize available resources to meet company goals.

• Analyze, develop, revise, and improve upon treasury procedures, processes, and technology.

• Proofread, understand, interpret, and apply laws, rules, and regulations to specific cash pool arrangements and capital markets transactions.

• Respond to data and information requests to meet regulatory commission inquires.

• Prepare accurate financial reports.

• Conduct studies, analyze data, draw sound conclusions from data, and prepare reports of findings and recommendations.

• Ability to make accurate mathematical and statistical computations.

• Excellent verbal and written communications skills.

• Proficiency with Microsoft Office suite and treasury workstations.

Preferred Additional Qualifications for Position

• Master's degree in business or finance

• Fortune 500 experience

• GTreasury treasury workstation and configuration experience

• Utility experience

• Money pool experience

• At least 2 years of supervisory experience

• Certified Treasury Professional

As a public utility, NiSource is required to provide continuous service to customers at all times. To ensure we fulfill that obligation, employees may be required to work outside their normal work hours and perform tasks outside of their normal responsibilities in support of emergency operations.

Work Authorization

Authorized to work in the United States without requiring sponsorship.

Workplace Connection
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect the unique lived experiences within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represents all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.

Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Salary Range*:

*The salary offered to a candidate is based on several factors including but not limited to the candidates skills, job-related knowledge, and relevant experience , as well as internal pay equity .

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