Senior Manager, Treasury Oakville, ON, CA, L6J 2X1 **At 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.** **Purpose** The Senior Manager of Treasury Operations will contribute to the profitability of Algonquin Power & Utilities Corp (‘APUC’) by managing the operational requirements of the Treasury function, overseeing working capital management, and ensuring governance across the organization. The role requires collaboration with tax, accounting and legal and strong accounting knowledge and experience (CPA designation or CFA with at least five years of accounting experience is required). \#LI-Hybrid **Accountabilities** + 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 various internal departments, including Shared Services to streamline various processes + 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 100 legal entities + 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 and Kyriba enhancement projects, automation and integration including Streamlining the coding process (i.e. streamlining the posting the interest rate) + Assist in the improvement the working capital management + Evaluate new products and services available in the space as technology evolves/changes to satisfy the needs of the business units, including continuing the integration of all services, rationalization of bank accounts + Work with the Treasury team, the Finance leadership team and other stakeholders to identify and implement treasury-related process and reporting improvements **Education and Experience** + University - Bachelor degree or equivalent along with a professional designation, including CFA or CPA + Exceptional leadership and people management skills to inspire and motivate a team, foster collaboration, and manage conflict. + Excellent analytical, problem-solving, and critical-thinking abilities, with attention to detail and accuracy + Experience implementing financial/KPI dashboards providing consolidated and portfolio-level Finance metrics, keeping end-users in mind + Advanced proficiency in Microsoft Applications (Word, Excel and PowerPoint), including advanced financial modeling skills + 10 + years of accounting experience (specifically cash accounting) and knowledge of US GAAP + Strong knowledge and understanding of business and financial concepts, processes and practices required for making sound decisions. + Excellent oral communication skills and ability to draft clear and concise written communication + Working experience understanding the importance of "big picture" thinking and planning and ability to apply organizational skill to identify and maintain focus on key success factors for the organization. + Working experience in approaches, tools, and techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply this knowledge appropriately to diverse situations Our 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 Mission We 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 Vision We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'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 learning **What we offer** Collaborative environment with a genuine flexible working policy Share purchase/match plan A defined contribution savings plan Leadership Development Program Volunteer paid days off Employee Assistance Program Achievement fund Group Benefit Plan Variety of Health & Wellness programs Discount and Perks program We 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'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.