Senior Manager, Treasury Operations - Jobs in Oakville

Job Description

Senior Manager, Treasury OperationsOakville, ON, CA, L6J 2X1At Algonquin-Liberty, we hire passionate people who care about doing the right thing for our customers. We are entrepreneurial, creative, and outcome-focused. Here, your natural talent and achievements will flourish in an inclusive environment of teamwork, trust and continuous learning. We are always pursuing excellence to exceed our ambitions goals, rewarding both the goal outcome and how we achieve it.PurposeThe Senior Manager of Treasury Operations will contribute to the profitability of Algonquin Poweramp; Utilities Corp ( #39;APUC #39;) by managing the operational requirements of the Treasury function, overseeing working capital management, and ensuring governance across the organization. This role reports into the Director, Treasury Operations and requires collaboration with tax, accounting and legal and strong accounting knowledge and experience.#LI-HybridAccountabilities- Assume the lead role for the month-end closing process and providing the cash journal entries to the accounting team- Oversee the booking of interest expense including the amortization of deferred financing costs, capitalization, etc. by collaboratively working with accounting team- Review the quarterly reporting including Financial Statements, Debt notes, Discount rates, cash interest paid, and other quarterly requirements, which are prepared by Treasury Analysts- Working collaboratively with the accounting and shared services team to streamline the money pool reporting and intercompany settlement and reconciliation- Working collaboratively with the financial reporting team to streamline the reporting the book cash in HFM and reconciliation of GL cash in Blackline- Oversee the month-end closing process including interest and letter of credit accruals, bank service charges, etc..- Provide monthly variance analysis of interest expense, debt schedules, etc..- Review weekly dashboard updates on cash flow forecasting, compliance on the investment portfolio and debt related payments by managing and updating the treasury management system.- Overall responsibility for banking and cash management activities, including intercompany lending and capital flows across a complex international organization consisting of over 300 legal entities- Consider all stakeholder requirements, in particular working closely with the corporate tax and financial reporting groups- Oversee the short-term forecasting (13-week cash flow) and provide variance analysis to all stakeholders- Continually monitor adherence to internal controls, company policies, procedures, SOX requirements and GAAP. Expedite remediation of any control deficiencies- Oversee and ensure that all contractually required payments are made on a timely basis in accordance with the underlying agreement (i.e.: Interest, Principal, Dividends, etc..)- Update and maintain the intercompany guidebook and oversee the quarterly settlement and documentation process- Oversee Know Your Customer (KYC) process for bank account opening- Support SAP conversion process as well as special projects, capital market transactions, and acquisition activities as required, support quarterly financial reporting- Support automation and integration including Streamlining the coding process (i.e. streamlining the posting the interest rate)- Lead the cash entry automation in Kyriba or SAP- Assist in improvement the working capital management Effectively work with and support internal business partners including Finance, Legal, Tax, business development teams and international affiliatesEducation and Experience- Bachelor #39;s degree in Accounting or Finance- CPA or CFA required- 5+ years of Treasury or related experience- Strong accounting experience (specifically cash accounting) and knowledge of US GAAP- Strong Kyriba experience and SAP hands on experience- Quickly adapts to new situations and approaches. Open to change and readily adopts new methods in the face of shifting priorities and ambiguity- Can alter own perspective and behavior in order to adjust to changing demands and plans- Applies appropriate commercial and financial principles- Strong attention to detail; working in a conscientious, consistent and thorough manner- Strong written and verbal communication skills- Ability to work with and build relationships with a diverse group at all levels of the organization- Solid analytical skills, strategic thinking and decision-making ability, while meeting tight deadlines- Project management skills and having the ability to implement treasury-related process and reporting improvements- Strong leadership skills to lead and manage a team- Advanced proficiency in Microsoft Applications (Word, Excel and PowerPoint)- Advance financial modeling skillsOur purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.Our MissionWe provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization-it is what drives us every day to fulfill our purpose.Our VisionWe better the lives of our customers and communities. Our vision is what we see as possible. It #39;s where we aspire to be, what we want to achieve and how we #39;ll make animpact. It guides and keeps us on the right path as we work towards fulfilling our purposes.Our Guiding Principles- Customer Centric- Integrity- Entrepreneurial- Teamwork- Owner mindset- Outcome focused- Continuous learningWhat we offerCollaborative environment with a genuine flexible working policyShare purchase/match planA defined contribution savings planLeadership Development ProgramVolunteer paid days offEmployee Assistance ProgramAchievement fundGroup Benefit PlanVariety of Healthamp; Wellness programsDiscount and Perks programWe are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.We are an equal opportunity employer and value each person #39;s unique background, diversity, experiences, perspectives and talents.Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.