Manager, Cash (Treasury Operations)

A little about Capital Power

Capital Power (TSX: CPX) is driven to power a sustainable future for people and planet. This purpose guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We’re a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver innovative electricity solutions with a vision to electrify the world reliably and affordably while protecting the planet for future generations.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We’re here to partner with you so you can learn, innovate, and forge a career that’s meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position.

Do you want to work for a fast-growing organization that is focused on sustainable growth, is committed to a low carbon future, and believes in innovation?

We are currently seeking an experienced individual to join our dynamic Treasury Operations team!

Reporting to the Director, Credit & Treasury, as the Manager, Cash (Treasury Operations) you are accountable for management of cash and liquidity requirements, FX and interest rate derivative transactions and reporting, cash forecasting, and the Treasury Associate position.

You will contribute to our team by

• Managing and/or supporting the execution of the cash position and forecast reporting prepared and presented to the Treasurer and CFO.
• Monitoring and managing corporate liquidity.
• Monitoring corporate FX and interest rate exposures within the Policy; Managing FX, interest rate and financing risks including the use of derivatives within the Policy.
• Timely and accurate execution and deal settlement of cash investments, FX transactions and finance derivative transactions within the Policy.
• Monitoring and reporting on treasury exposures under the Policy including timely and accurate preparation and filing of risk reporting.
• Timely and accurate preparation and submission of daily borrowing and repayment notices.
• Ensuring the appropriate recording of treasury transactions by working closely with accounting and other teams.
• Actively engaging cross functionally within Treasury and other areas of the organization (Tax, Finance, Risk Management, Credit, etc).
• Providing recommendations on cash management and borrowings to minimize interest costs and maximize returns within the scope of the Policy.
• Coaching direct report and provide input into performance reviews and development needs of peers and more junior employees.
• Having management oversight and technical knowledge of Treasury systems and software.

What you will bring to the role  

Education

• Degree or diploma in business, finance, accounting, or related field.
• A professional Finance designation is an asset (CFA or similar), alternatively, significant relevant experience.
• Education equivalency may be considered.

Experience:

• 5 years of post-graduation finance experience with at least 5 years corporate treasury/finance/banking experience.
• Experience with Reval and TMS implementation would be an asset.

Technical Skills:

• Effective business partner providing corporate finance advice necessary to make reliable and timely business decisions.
• Interpretive, analytical skills required to identify favourable tenable positions in conjunction with related risks and defend positions taken as related to complicated treasury matters.
• Ability to engage other areas of expertise to work as an effective team and resolve issues.
• Ability to explain concepts to a variety of audiences including Senior Management.
• Fully engaged in treasury technical work and making recommendations for change as necessary.

Working Conditions:

• Hybrid Office/Work from home position.
• Location: Edmonton or Calgary.
• Travel to meet business users at Capital Power facilities or other offices.

Additional Details

Clearance of Credit check is required for this position.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.

To apply on this position please go to www.capitalpower.com/careers and search for JR805777.