Cash Manager - Legence

Dallas, TX, USA ● Houston, TX, USAReq #1559

Friday, June 21, 2024

Legence , a Blackstone portfolio company, is an Energy Transition Accelerator™ that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in mission-critical and high performance facilities. With five decades of expertise in the built environment, Legence has a proven track record of reducing carbon emissions, implementing renewables, lowering utility costs through efficiency consumption, and making systems run better at unmatched speed and scale.

Position Overview:

The Cash Manager at Legence is responsible for managing the company’s cash flow, investments, and financial assets to ensure the financial stability and profitability of the organization. This role involves overseeing daily cash management activities, developing strategies for optimal cash utilization, and maintaining relationships with financial institutions. The Cash Manager will work closely with the finance team to support broader financial planning and risk management efforts.

Key Responsibilities:

• Oversee daily cash management operations including cash positioning, cash flow forecasting, and liquidity management.

• Develop and implement strategies for short-term investments and cash conservation to maximize returns and minimize financial risks.

• Manage banking relationships and negotiate bank services and fees.

• Ensure compliance with internal controls, policies, and procedures in handling cash management activities.

• Coordinate with various departments to forecast needs and plan funding accordingly.

• Analyze financial records to forecast future financial position and budget requirements.

• Prepare and present reports detailing cash position, cash flow trends, and forecasts to senior management.

• Support the treasury team in managing foreign currency exposure (if any) and implementing hedging strategies.

• Liaise with auditors and financial consultants on cash management issues.

• Innovate and implement improvements in cash processes that align with the company’s financial strategies and compliance standards.

Minimum Job Requirements:

• Bachelor’s degree in Finance, Accounting, or related field.

• At least seven years of experience in treasury/cash management or a similar financial role within a corporate setting.

• Strong understanding of financial instruments, and banking relationships.

• Proficient in treasury management systems and advanced Excel skills.

• Excellent analytical, problem-solving, and decision-making skills with a focus on attention to detail and accuracy.

• Strong communication skills, both verbal and written, and the ability to manage relationships with internal and external stakeholders.

• Proven ability to work independently and manage multiple tasks and projects under tight deadlines.

We are unable to provide immigration sponsorship for this position.

#LI-JS1 #LI-Hybrid

Health and Welfare Benefits

Health and Welfare

Medical

Dental

Vision

Prescription drug

Employee assistance program

Personal Benefits

Paid vacation

Company-paid holidays

Sick leave

Financial Benefits

401(k) retirement savings plan

Company-paid long-term disability insurance

ADD insurance

Life insurance

Contingent Employment Statement

Offers of employment for this role may be contingent upon successfully passing a background check and/or drug screen. Execution of screens will vary based on role requirements and Company policy. All background checks and drug screens will be done in accordance with applicable federal, state, or local law.

Equal Employment Opportunity Employer

Legence and its affiliate companies are proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, other non-merit-based factors, and any other characteristic protected under applicable local, state or federal laws and regulations.

EEO is the Law

Reasonable Accommodations

If you require assistance applying online, email [email protected] . Please include a description of the specific accommodations you are requesting as well as the job title and requisition number of the position for which you are applying. If you are selected for an interview, please notify your recruiter of your accommodation needs. All efforts to provide reasonable accommodations will be made.

To all recruitment agencies

Legence and its affiliate companies do not accept unsolicited agency resumes. Do not forward resumes to our career’s alias or employees of Legence and/or its affiliate companies. Legence and/or its affiliate companies are not responsible for any fees related to unsolicited resumes. Any third-party recruiting agreements for Legence and its affiliate companies may only be executed by Legence Holdings LLC’s CHRO or Director of Talent Acquisition, without exception. All others are done without proper authorization and will not be honored. We will not be responsible for any fees under any third-party recruiting agreement not executed by said authority.

Pay Transparency Nondiscrimination Provision

Legence and its affiliate companies will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Other details

Pay TypeSalary

Travel RequiredYes

Required EducationBachelor’s Degree

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Dallas, TX, USA

Houston, TX, USA