Senior Manager, Global Cash Management

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TheSeniorManager, Global Cash Managementoversees and executes the dailytreasuryoperationsactivitiesas part of the global treasury team atColumbus McKinnon (CMCO). This leader will oversee cashmanagement processes,liquidity forecasting and analyses,the implementation of a treasury management systemandnotionalcash pool, as well as integration of Kito Crosby’s cash management activities.They also willbe responsible fordeveloping and implementing treasury policies,solutionsand management reporting with theobjectiveof achieving consistent execution of treasury processes, efficiency of cashutilizationand improved controls. This position will playan importantroleinoptimizingaccess to capital to finance thecompany’sgrowthtrajectoryand strategicobjectives.This role willlead a team ofthreetreasuryanalysts and report to theVP, InvestorRelationsandTreasurer.

Essential Duties and Responsibilities

• Oversee global daily cash management and banking for US and International businesses to support operational and capital needs as well as optimize excess cash flow.
• Manage global 13-week rolling cash flow forecast to ensure accurate liquidity planning.
• Liquidity management to ensure funding for ongoing business needs, minimize interest expense and facilitate effective repatriation of funds, adhering to legal and regulatory requirements.
• Maintain bank relationships, taking a leadership role in bank integration, assigning signatories, user management, and optimize fees.
• Lead the strategy and process for implementation of Kyriba, the company’s selected treasury management system.
• Lead the strategy and process for implementation of Apex, the company’s selected vendor management system in partnership with the Supply Chain Management team.
• Oversee global implementation of the company’s multi-entity notional pooling structure and strategy and maintain related governance and regulatory requirements.
• Partner with tax and local leaders to rationalize the company’s bank account structure to minimize costs and drive cash repatriation efficiencies.
• Integrate repatriation and cash management processes and procedures for the recent acquisition of Kito Crosby to align with Columbus’ McKinnon’s standards.
• Deliver management reporting regarding our liquidity, financing and auditing processes.
• Review and co-ordinate bank reconciliations and pursue all reconciling items to ensure they are cleared promptly.
• Ensure documentation and accounting recording for appropriate cash transactions and related activity.
• Initiate and manage all global intercompany loans. Ensure that interest is paid in accordance with loan agreements and fund repayments, where applicable.
• Support the business through the issuance and administration of the Travel & Entertainment and P-Card Program(s).
• Oversee and administer several Treasury Policies, including the Investment Policy and T&E Policy, for example.
• Develop treasury reporting dashboards appropriate for various stakeholders and track KPIs.
• Perform other duties as assigned.

Knowledge, Skills, Competencies, and Abilities

• Maintains a collaborative, team relationship with direct reports, peers and colleagues in order to effectively contribute to the group’s achievement of goals and to help foster a positive work environment with effective communication.
• Exercises extreme attention to detail; is thorough, accurate, organized, and productive and seeks to understand both the cause and effect of a situation.
• Uses a logical reasoning process to break down and work through a situation or problem to arrive at an outcome.
• Leverages judgment, problem-solving and critical thinking to analyze and assess problems and implications, identify patterns, make connections of underlying issues, understand risks and develops mitigation strategies.
• Demonstrates strong ownership and accountability to deliver a quality and timely work product.
• Maneuvers comfortably through complex policy, process, and people-related organizational dynamics.
• Dynamically applies knowledge of business and the marketplace to advance the organization's goal.
• Demonstrates a willingness to accept change and new approaches, including additional responsibilities.
• Demonstrates determination, courage and commitment with a positive attitude. Sets work plans and considers priorities for completing assignments to meet deadlines.
• Significant financial acumen to perform a complex calculation regarding cash flow, discounts, interest, commissions, proportions and percentages, as well as standardize and automate business processes to improve workflow and accuracy.

Required Qualifications

• Bachelor's degree (B. S.) in Finance, Accounting or a business-related subject; MBA preferred.
• 6+ years’ experience in a treasury role.
• Familiarity with Treasury Management System (TMS) automation capabilities and integration with ERP platforms (e.g., SAP, Oracle) to reduce manual workflows.
• 20%+ Travel in Columbus McKinnon’s domestic and international footprint.

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power and motion control systems. We are focused on commercial and industrial applications that require the safety and quality provided by our superior design and engineering know-how. Columbus McKinnon is a publicly traded company that has been in business for almost 150 years – proud of our heritage, where we come from, and where we’re going. As Columbus McKinnon grows globally, so does our need for driven and inspired employees. Join our winning team!

Columbus McKinnon Corporation promotes a diverse and inclusive workforce and is an Equal Opportunity Employer that does not discriminate against employees or applicants for employment on the basis of race, color, national origin, ancestry, age, religion, sex, gender, gender identity, gender expression, sexual orientation, physical or mental disability, medical condition, genetic information, military or veteran status, marital status, or any other Federal or State legally-protected classes. We also value the safety of all associates and work hard to maintain a Drug Free Workplace.

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