Position: Treasury Manager

Job Description:

Responsible for preparing and analyzing daily liquidity report and 13-week cash flow models. In addition, this role will focus on developing and implementing an authorization for expenditure approvals process and assisting with the credit agreement compliance. Will support the Treasury Department and Finance leadership in several areas, including financial analysis and special projects. This position is highly visible with the work products being circulated to all levels in the company from associates to C-level executives and external financial institutions. Will have tremendous opportunity to impact the future of the company.

Core Responsibilities & Duties:

• Preparing and analyzing the daily liquidity report and 13-week cash flow models. Must be willing to follow up and communicate effectively with departments that supply the information to analyze variances. Works with the FP&A group to make sure all cash flow models and assumptions are aligned

• Assist with developing and implementing an authorization for expenditure approval process.

• Liaise with Accounting, Financial Planning and Analysis and other internal departments to facilitate the transfer of knowledge and informational requirements needed by those respective parties

• Partner with senior management and operating companies to identify and prioritize specific opportunities to improve the financial performance of the organization

• Review of project financing structures for accuracy and aid in negotiations

• Oversee continuous improvement efforts for department processes and operational efficiencies in coordination with other departments. Recommend efficiencies related to expense functions, with the goals of cost reduction, streamlining, workflow automation, etc.

• Effectively manage staff, providing guidance, leadership and coaching necessary for development. Address performance issues, guide employee improvement and provide meaningful and timely recognition

• Ensure compliance with all internal controls, policies, procedures and SOX related to the Treasury function

• Maintain effective working relationships with all levels of stakeholders across the organization to foster an environment of cooperation and change

• On an ad hoc basis, provide support for other Treasury & Corporate Strategy initiatives

Qualifications:

• Bachelor’s degree in Finance or Accounting.

• Five (5) to seven (7) years of relevant experience.

• Minimum of one (1) year of management experience.

• Proficient with Microsoft Office, Excel and PowerPoint.

• Ability to create and work with financial forecasting models.

• Demonstrated understanding of key operational/financial drivers.

• Strong organizational and time management skills.

• Effective verbal, written and interpersonal communication skills to all levels of personnel.

• Ability to understand business processes and collaborate well with other departments and to find acceptable solutions.

• Ability to work in a fast-paced environment.

• Ability to identify issues, requirements and opportunities for improvement.

• Self-starter with the ability to coordinate cross-functional activities with other departments to achieve a common goal.

Skills:

• Knowledge of Lease Accounting and Lease structures.

• Master’s degree

• Knowledge of the transportation services industry

Forward Air is an Equal Opportunity Employer.

About Us

Since 1990, Forward Air has been a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. We offer surface shipping on an accelerated “time-definite” basis, delivering cargo at a specific time, but under less time-sensitive situations – supplying you with a cost effective, reliable alternative to air transportation. We work with companies of all sizes to develop tangible advantages and build the best products to meet your specific needs. Forward Air presents to the wholesale transportation community (logistics companies, freight forwarders, integrated air cargo carriers, passenger/ cargo airlines, and non-traditional shippers), a single-source provider that can deliver more supply chain services and a superior menu of choices. Throughout the years we have added supplementary lines to our linehaul service, such as full truckload operations (Truckload Services), final-mile coverage (Complete® Cartage), and an Airline Logistics program, and we will continue to expand our services to meet the changing needs and growth of our customer base.

Forward Air is structured to optimize both savings and service to our customers. Direct partnerships with owner-operators and other surface transportation providers, enable us to remain cost-competitive. The Forward Air network is designed with over 90 facilities located at or near major U.S. and Canadian airports, 12 regional sort centers and over 300 beyond points (secondary airports provided through our Complete Cartage service), creating one of the most comprehensive linehaul networks in the industry.

Ranked 3rd in Newsweeks 2022 "Americas Most Trustworthy Companies (https://www.newsweek.com/americas-most-trustworthy-companies-2022/transport-logistics-packaging) " publication

About the Team