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    Opening No# D6.F2D

    Treasury manager

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    Responsibilities

    What Makes Verbit Unique? 

     

    Verbit’s 500+ individuals share a vision of making all video and audio content accessible to everyone. Verbit’s in-house, AI-based solutions take live and recorded audio and video to the next level with the support of 35,000 human professional transcribers. Our captioning, transcription, translation and audio description are trusted by more than 2,000 customers globally, including leading universities, corporations, legal agencies and media entities to make their content accessible, engaging and interactive! 

    Verbitizers are actively making the world more equitable for individuals with disabilities every day. After achieving the milestone of becoming a “unicorn company” and showcasing 6x revenue growth year over year, we are humbled and still fascinated by this ride. Verbit currently has a market cap of $2B, which is still growing. You too can join our journey toward accessibility and the reinvention of industry practices. Join our offices in New York, San Francisco, Tel Aviv and Kyiv to take advantage of flexible remote work opportunities and work with amazing people.


    Do You Have Verbitzer DNA?

     

    Verbitizers have the initiative to bring goals and dreams to fruition with a can-do attitude and the motivation of true go-getters. 

    We’re a group of:

     

    • Tech-savvy individuals who are always open to more growth and learning opportunities
    • Adaptable and flexible people who thrive in a fast-paced, startup environment
    • Creative minds who rethink and question how to outperform past results
    • Effective communicators who can promote and represent Verbit’s tech and brand

     

    If this sounds like you, keep reading.

     

    We are currently looking for a Treasury Manager to join our finance team in Tel Aviv or the US.

    As a Treasury Manager, you will be responsible for leading bank relations, investments, and risk management related to the company's financial activities, improving and maintaining the financial standing of the company. The Treasury Manager is responsible for the end-to-end activities and overall management under his/her Treasury domain corporate treasury operations, risk management, and ERM, capital structure, and investment portfolio.

     

    About the Role

     

    • Oversight of all Treasury functions in global cash positions, banking strategies, investment strategies, and compliance reporting.
    • Develop and manage short and long-term cash flow forecasting to align with strategic priorities.
    • Assist in Pre and Post M&A activities as it relates to Treasury.
    • Identify and implement improvements to operations and internal controls to mitigate risks cash investment strategies, and foreign currency exchange risks.
    • Cash-flow management - Partner with leaders across the company to build the company's consolidated cash-flow position, analyze and detect cash-flow surplus/needs and adhere to cash guidelines.
    • Manage banking activities - Define needs and policies, select providers, and set in place appropriate financial and technical infrastructure.
    • Investment portfolio – Safeguard Verbit financial assets, while achieving a competitive yield and assuring adequate liquidity; support quarterly close processes in a timely and accurate manner.
    • Capital structure - Maximize Verbit value as a company, using its cash, debt capacity, and equity, through ongoing analysis and evaluation of various capital allocation structures.
    • Creditworthiness - Conduct analytically robust, timely, and user-friendly credit checks.
    • Enterprise risk management - Identify the company’s top risk and risk owners; monitor the top risks and the mitigation plans periodically.
    • Insurance Management - Conduct ongoing comprehensive insurance program placement and management; conduct risk assessment process; handle insurance claims; support M&A deals.

    Requirements

    • 6-10 years of experience in the relevant Treasury domain field or related financial management experience.
    • Experience in a global company and in managing relationships with global banks.
    • Experience with ERP and accounting system selection/implementation. Experience with NetSuite is an advantage.
    • English proficiency (speaking and writing) - must.
    • Detail-oriented with superior analytical and problem-solving skills.
    • People management skills, either directly or matrix - ability to lead and manage teams in different time zones
    • Strong work ethic, integrity, and desire to succeed and make an impact.
    • A team player with good interpersonal relations and a positive attitude, independent and fast learner, enjoys a fast-paced and dynamic working environment.
    IL 4 Ariel Sharon Street, Hashahar Tower

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