IPG Treasury Operations Manager in New York, New York

Primary Location

Interpublic Group is global provider of marketing solutions. Through our 49,800 employees in all major world markets, our companies specialize in consumer advertising, digital marketing, communications planning and media buying, public relations, and specialty marketing.

We are offering a position of Treasury Operations Manager within our Treasurer’s Department. This position will report to the Director, Global Treasury Operations and will play a critical role in the treasury operations function, including cash reconciliation, wire processing for corporate transactions, cash positioning, liquidity forecasting, foreign exchange, investment activity, and in-house banking/netting. This individual will serve as the resident expert for our treasury workstation, service bureau, and internal cash and debt reporting system. Project management and process improvement are key elements for success in this position.

Responsibilities include, but not limited to:

  • Oversee processes for wires, confirmations, cash reconciliations, and in-house bank transactions and ensure they are conducted properly in a timely manner and recorded accurately in the treasury workstation
  • Manage daily liquidity through commercial paper program/uncommitted borrowing facilities; create effective model to gauge performance of these programs
  • Serve as the main point of contact for global visibility of bank balances worldwide, monthly cash and debt offset journal entry, and quarterly book cash forecast
  • Ensure that worldwide notional and physical cash pools are balanced as needed; work closely with International Treasury group to help operate bank structures in global markets
  • Perform foreign exchange front-office and oversee back-office settlement; work with International Assistant Treasurer to improve FX exposure programs
  • Manage global netting program and strategize efficient automation to streamline user experience and promote further participation by IPG subsidiaries
  • Oversee bank account maintenance, coordinate bank correspondence, and organize treasury workstation for existing bank accounts
  • Key player for system improvements within treasury workstation, internal systems, and service bureau vendor; oversee system administration of banking portals
  • Provide ongoing review and improvement of treasury operational policies and SOX policies
  • Assist with acquisition integration related to the cash management function
  • Manage the activities and development of the Treasury Analyst and interns; provide coaching and training on treasury systems, processes, and audit requirements
Other Locations
  • Bachelor’s degree in Finance, Accounting, Economics, or Business
  • 4 year progressive experience and responsibility in a Corporate Treasury role
  • Ability to cultivate drive and enthusiasm with colleagues or direct reports
  • Experience with liquidity management in a corporate environment including investment and borrowing activities
  • Excellent analytical and verbal/written communication skills
  • Ability to prioritize, manage multiple projects, and execute in a fast-paced and dynamic environment
  • Detail oriented with a demonstrated ability for accuracy
  • Knowledge of commonly-used finance concepts, practices, and procedures
  • Operating experience with online bank platforms, TMS (Wallstreet City Financials), SWIFT, BAI, XML
  • Advanced skills in Excel and intermediate skills in all other Microsoft Office Suite

Primary Location: United States-New York-New York

Job number: 006520