Treasury Manager

GNC

  • Pittsburgh, PA
  • $100,000-120,000 per year
  • Permanent
  • Full-time
  • 14 days ago
Company DescriptionAs the global leader in health and wellness innovation since 1935, GNC motivates people to reach their goals with the most trusted and exciting selection of products in the industry.As #TeamGNC, we work hard to ensure that our consumers come first. We are always cultivating and collaborating on new ideas to bring innovative solutions to the forefront and testing new solutions to translate goals into action. Our team members are advocates for change and innovation.There is no greater gift than good health and no greater satisfaction than helping others to achieve it. Be a part of helping others to Live Well!About GNCSince 1935, GNC has been a global leader in health and wellness innovation, inspiring people to achieve their goals with a trusted and dynamic range of products. As #TeamGNC, we prioritize our consumers, constantly collaborating and developing new ideas to deliver cutting-edge solutions. Our team is passionate about driving change and turning aspirations into actions. We believe that good health is the greatest gift, and there's nothing more rewarding than helping others achieve it. Join us in empowering others to Live Well!What We’re Looking For:At GNC we embrace a “Live Well” philosophy, fostering a dynamic environment where innovation meets passion. Whether someone is an athlete or just starting to focus on their health, we want to deliver the cutting-edge products they deserve. We are looking for an individual who is excited and eager to play a pivotal role in driving excellence in the health and wellness industry. This position offers the opportunity to engage in a collaborative environment where you will make a personal impact every day.What You’ll Do:This is a Full-Time Salary PositionThis position is responsible for all aspects of the Company’s treasury activities, including alignment with management and implementation of the Company’s: financial policy and financial risk management; daily cash position; short & long-term cash forecasting models and leverage ratios; investment policy; store depository accounts and credit card
  • Oversee daily cash positioning process, including coordinating funds transfers, cash concentration, foreign exchange transactions and funding of all corporate obligations
  • Manage and maintain short-term and long-term cashflow forecasts, including forecasting leverage ratios for internal, credit agreement and rating agency purposes
  • Manage all aspects of the credit agreement (and any other debt obligations), including compliance, interest and principal payments, revolving line of credit.
  • Generate and maintain the Balance Sheet and Cash Flow forecast model, including the reporting of monthly variance
  • Initiate funds transfers for approved disbursements and concentration of funds while ensuring that company bank accounts are not overdrawn
  • Coordinate the cash concentration of all corporate cash balances to minimize idle cash holdings and maximize investment income
  • Lead profit improvement opportunities as relates working capital, bank fees and credit card fees
  • Lead the analysis and execution of financial risk management (hedging) programs, including interest, foreign currency and commodity
  • Lead the budgeting, reporting, and analysis of bank fees, credit / debit card transactions and interest expense
Environmental Factors & Working Schedule:
  • Hybrid work environment, 3 days in-person attendance (Pittsburgh, PA) in addition to ability to work remotely.
  • Regularly required to stand; walk; sit; use hands or fingers to handle or feel; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear
  • Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Repetitive motion. Substantial movements (motions) of the wrists, hands, and/or fingers. The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.
  • Work is performed in an office environment and requires the ability to operate standard office equipment and keyboards.
  • Specific vision abilities required by this job include long periods of computer screen usage, close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus
  • The noise level in the work environment is usually low/moderate
  • Reasonable accommodations may be made to enable individuals to perform the essential functions.
QUALIFICATIONS:
  • Bachelor’s Degree in Accounting, Finance or related field; or an equivalent combination of education and experience sufficient to successfully perform the key accountabilities of the job required
  • Advanced degree (MBA, Master’s) a plus
  • 6+ years progressive experience
  • 3+ years in a leadership role (direct or indirect)
  • Prior managerial/supervisory experience preferred
  • High degree of proficiency MS Office Suite, Outlook & Internet applications
  • Strong analytical, prioritizing, interpersonal, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills
  • Strong verbal and written communication skills (including analysis, interpretation, & reasoning)
Benefits Offerings Benefit Offerings: Medical, Dental, Vision, STD, LTD, Paid Company Life Insurance, 401K program with company match, 30% employee merchandise discount on GNC products & 20% employee discount on 3rd party products, Monthly Free Product Offers, and access to the Employee Assistance Program.Compensation Benefits GNC offer a base pay range of $100,000.00 to $120,000.00 annually. In locations where specific minimum wage requirements apply, the pay range may vary. At GNC, base pay is just one component of our total compensation package. Pay within the range is determined by various factors, including education, work experience, certifications, and federal, state, and local minimum wage regulations. This structure allows for progression as team members grow and develop within their roles.

GNC