Vice President, Cash Management

RESPONSIBILITIES:

• People Management of the Treasury and AP teams to ensure operational excellence and adherence with control frameworks.    
• Oversight of teams managing execution of Treasury payments and draws on credit facilities.
• Oversight of liquidity management across CIM’s Funds and Corporate entities.
• Work closely with key stakeholders of Treasury and AP to ensure a high level of service delivery that meets business requirements.  


• Treasury Operations and Cash Management
• Oversight of team managing execution of Treasury payments.
• Develop and manage liquidity forecasting for Corporate and Fund vehicles’ daily, weekly and monthly cash needs.
• Working with Portfolio Oversight and Fund Accounting teams to develop strategies to optimize funding and cash management across the structures including cash sweeps and money market placements.
• Maintain and strengthen commercial banking relationships with CIM’s existing banks and development of new commercial banking relationships.
• Enhance treasury reporting and dashboards including KPI metrics, cash positions and analysis of banking spend across banking relationships.
• Optimize efficiency of banking structure including number of banking relationships and number of bank accounts to drive efficiency.


• Accounts Payable
• Oversight of team responsible for processing of AP and vendor management.
• Working with key stakeholders to develop and enhance the vendor management program including the process and system to maintain vendor details and receipt of vendor information.  
• Overall responsibility of the AP team’s compliance with policies and procedures.
• Develop KPI reporting on AP processes to measure performance and service delivery of the AP team to drive continuous improvement and operational excellence.
• Oversight of design of approval workflows to ensure adequate controls are in place whilst maintaining an efficient process.
• Management of yearly 1099 reporting.


• Technology Systems, processes and controls
• Work with stakeholders on the design and implementation of a global cash management strategy for CIM’s funds including implementation of a Treasury execution system.
• Work with stakeholders on the design and implementation of a new vendor management system.
• Work closely with IT in relation to business management of Yardi P2P.
• Responsible for compliance with CIM’s Treasury and AP control frameworks including maintenance of policies and procedures.
• Oversight of escheatment process and reporting of unclaimed properties.  

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

• Bachelor's Degree in Accounting or related field and CFA or comparable certifications and CTP certification a strong plus.
• 15 years of experience in Treasury or Fund finance functions ideally within large Alternative Asset Managers across real estate, private credit or infrastructure companies.
• Risk focused mindset with emphasis on maintaining a robust control framework in a SOX controlled environment.
• Knowledge and hands on experience with an appropriate risk management framework for verification of payment details.
• Proven experience managing teams, implementing new processes and driving operational excellence whilst working across multiple stakeholder groups.
• Strong communication and presentations skills and experience in developing reporting for Treasury functions.
• Experience of automated Treasury management systems.
• Awareness of vendor management and accounts payable processes for Alternative Asset Managers.
• Experience working with Yardi P2P and Investment Accounting a plus.
• Experience with foreign currency transactions and jurisdictions a plus.