Treasury Manager



Accounting & Finance
Buffalo, NY, USA · Rochester, NY, USA
Posted on Friday, May 31, 2024

Treasury Manager

Buffalo, NY, USA ● Rochester, NY, USA Req #2754
Thursday, May 30, 2024

If you are looking for a career at a dynamic company with a people-first mindset and a deep culture of growth and autonomy, ACV is the right place for you! Competitive compensation packages and learning and development opportunities, ACV has what you need to advance to the next level in your career. We will continue to raise the bar every day by investing in our people and technology to help our customers succeed. We hire people who share our passion, bring innovative ideas to the table, and enjoy a collaborative atmosphere.

Who we are:

ACV is a technology company that has revolutionized how dealers buy and sell cars online. We are transforming the automotive industry. ACV Auctions Inc. (ACV), has applied innovation and user-designed, data driven applications and solutions. We are building the most trusted and efficient digital marketplace with datasolutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable. We are disruptors of the industry and we wantyou to join us on our journey. ACV’s network of brands includes ACV Auctions, ACV Transportation, ClearCar, MAX Digital and ACV Capital within its Marketplace Products, as well as, True360 and Data Services.

At ACV we focus on the Health, Physical, Financial, Social and Emotional Wellness of our Teammates and to support this we offer:

  • Multiple medical plans including a high deductible health plan that costs $0 out of your paycheck
  • Company-sponsored (paid) Short-Term Disability, Long-Term Disability, and Life Insurance
  • Comprehensive optional benefits such as Dental, Vision, Supplemental Life/AD&D, Legal/ID Protection, and Accident and Critical Illness Insurance
  • Generous paid time off options, including vacation time, sick days, Company holidays, floating holidays, parental leave, bereavement leave, jury duty leave, voting leave, and other forms of paid leave as required by applicable law or regulation
  • Employee Stock Purchase Program with additional opportunities to earn stock in the Company
  • Retirement planning through the Company’s 401(k)

Who we are looking for:

The Mgr, Treasury is responsible for supporting and executing the Treasury function in FP&A. This role is responsible for managing cash operations for ACV, supporting the Director and VP of Finance to maintain liquidity for ACV's operations, integrity and security regarding controls and bank access, and ensuring continuity across all banking operations and relationships. In addition to supporting Treasury operations, this position is responsible for owning Treasury-related SOX controls, monthly and quarterly reporting, forecasting, navigating fraud cases, as well as relationship management with banking and lender partners. The Mgr, Treasury reports directly to the Director, FP&A and partners closely with and receives direction from them to ensure ACV Treasury operations are operating effectively and smoothly.

What you will do:

  • Actively and consistently support all efforts to simplify and enhance the customer experience.
  • Manage daily Treasury and banking operations, including payment approvals, bank balance monitoring to maintain liquidity for operations, cash transfers, etc.
  • Manage cash to maximize yield and minimize business disruption while maintaining liquidity.
  • Prepare monthly reporting and analysis on Cash Balances, Investment Performance, and Free Cash Flow. Gather, distill, and report on data as necessary.
  • Manage Debt Facility reporting, relationships with lenders, and SOX compliance.
  • Maintain integrity across Treasury operations and banking platforms, including managing user access and fraud prevention.
  • Support the Director, Finance on initiatives and special projects.
  • Partner collaboratively with internal departments to support and streamline Treasury needs and operations.
  • Leverage technology and maintain a continuous improvement mindset to improve procedures, processes, and controls.
  • Produce Know Your Customer (KYC) documents for new banking relationships.
  • Perform additional duties as assigned.

What you will need:

  • 4 Year / Bachelors Degree - Finance or Business preferred required
  • 4 - 6 year(s) Related experience.
  • Ability to read, write, speak and understand English.
  • Previous experience with finance business systems and/or ERPs
  • Experience and proficiency in Microsoft Office products and financial ERP systems (NetSuite or related systems).
  • Attention to detail and accuracy while maintaining the ability to prioritize and facilitate cross-functional projects in a fast paced environment.

Compensation: $106,000-$125,000 annually. Please note that final compensation will be determined based upon the applicant's relevant experience, skillset, location, business needs, market demands, and other factors as permitted by law.

No immigration or work visa sponsorship will be provided for this position.


Our Values

Trust & Transparency | People First | Positive Experiences | Calm Persistence | Never Settling

At ACV, we are committed to an inclusive culture in which every individual is welcomed and empowered to celebrate their true selves. We achieve this by fostering a work environment of acceptance and understanding that is free from discrimination. ACV is committed to being an equal opportunity employer regardless of sex, race, creed, color, religion, marital status, national origin, age, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires reasonable accommodation, please let us know.
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Other details

  • Job Family Finance & Accounting
  • Job Function Treasury
  • Pay Type Salary
  • Job Start Date Thursday, May 30, 2024