Daily Cash Manager
Posted on: November 11, 2019
Requisition ID:?1462?Job Title:?Daily Cash Manager?Job
Country:?United States (US)?Avanos Medical is a medical technology
company focused on delivering clinically superior breakthrough
medical device solutions to improve patients? quality of life.?The
company is comprised of two franchises ? Pain Management and
Chronic Care ? that address some of today?s most important
healthcare needs, namely reducing the use of opioids while helping
patients recover faster and preventing infection.?Avanos develops,
manufactures, sells and markets its recognized brands in more than
90 countries and holds leading market positions in multiple
categories across its portfolio.?We operate?8 principal medical
device production facilities with 4,500 employees worldwide ?
generating over $700 million in net revenue.? Avanos Medical, Inc.,
is traded on the New York Stock Exchange under the ticker symbol
?AVNS?.? Headquartered in Alpharetta, Georgia, Avanos is committed
to addressing some of today's most important healthcare needs, such
as reducing the use of opioids while helping patients move from
surgery to recovery. For more information, visit www.avanos.com.?
The Cash Manager provides strategic and operational leadership of
Avanos? global cash and liquidity management function and reports
directly to Assistant Treasurer. This key individual is responsible
for developing and managing strategies, operations and policies
related to global cash position management, pooling, intercompany
netting, payment processing and internal treasury controls,
including related regulatory and policy compliance. The incumbent
must be knowledgeable in systems, including Treasury Management
Systems (TMS), and Enterprise Resource Planning (ERP).
This position manages day-to-day global cash positioning and
short-term cash forecasting along with the analysis and execution
of liquidity and treasury payments functions and cash reporting.
The individual will interact with all levels of internal
management, external banking, investment professionals, and IT
? Management of day-to-day activities for Domestic and
International cash operations, including intercompany loans,
investments, approval of payments, and managing group credit
? Create 13-month rolling cash forecast using cash activity trend
analyses in conjunction with sales forecasts, capital spend
forecasts, and other forecasts as are available.
? Complete reviews of bank accounts globally to ensure proper
levels of liquidity are ensured, invest excess cash as
? Monitor global bank fees to lower overall transaction/account
? Administer the intercompany netting program and initiate net
currency trades as directed by management.
? Drive process improvement between Treasury and operations to
enhance cash management capabilities, improve risk profile and
? Work independently with banks and various departments within the
Company to troubleshoot problems relative to the cash management
processes and other banking issues.
? Maintain current bank authorizations including signature cards,
bank correspondence files, bank transaction confirmation files, and
communicate any changes to appropriate corporate cash management
? Maintain updated procedure documents for all banking activities
(daily, weekly, monthly).
? Ensure compliance with SOX controls and other rules governing
cash transactions and banking. ? Coordinate the annual review of
Treasury internal controls to ensure all policies and procedures
are up to date.? Process wire transfers.
? Communicate fully with superiors, subordinates and others who
have a need to know and in a way that is timely, complete, accurate
? A B.S. / B.A. degree required, an M.B.A. degree is a plus? 5
years of experience in finance or treasury, with a minimum of 3
years in a corporate treasury role preferred.
? Knowledge of international cash management, forecasting, and
? Knowledge of treasury systems and SAP a plus.
? Knowledge of transactional and translational currency
? Excellent analytical, interpersonal, communication and
? Strong Lean/Continuous Improvement capabilities.
? Experience in SEC reporting & SOX compliance, as well as
statutory and GAAP reporting a plus. Avanos Medical is an equal
opportunity employer and all qualified applicants will receive
consideration for employment without regard to race, color,
religion, sex, national origin, disability status, protected
veteran status, sexual orientation, gender identity or any other
characteristic protected by law. If you are a current employee of
Avanos, please apply here .?Join us at Avanos
Join us and you can make a difference in our products, solutions
and our culture. Most of all, you can make a difference in the
lives, people, and communities around the world.
Make your career count
Our commitment to improving the health and wellbeing of others
begins with our employees ? through a comprehensive and competitive
range of benefits. We provide more than just a salary ? our Total
Rewards package encompasses everything you receive as an employee;
your pay, health care benefits, retirement plans and work/life
benefits.?free onsite gym - onsite cafeteria - 401(k) + 6% match -
immediate vesting - benefits on day 1 - uncapped sales commissions
- HQ region voted ?best place to live? by USA Today
Keywords: Avanos, Alpharetta , Daily Cash Manager, Executive , Alpharetta, Georgia
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