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Clear Channel Outdoor · 1 day ago

Treasury Manager

San Antonio, TX (North Loop 1604)

Full-time

Onsite

Mid, Senior Level

Clear Channel Outdoor is seeking a Treasury Manager responsible for daily cash management functions and treasury operations. The role involves managing liquidity, overseeing bank accounts, ensuring compliance with debt agreements, and supporting capital market initiatives.

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No H1B

Responsibilities

Manages all treasury operations including cash and liquidity management, bank account management, letters of credit administration, revolving credit facility administration, credit agreement and indenture compliance, and support of debt capital markets transactions, as necessary

Oversees company liquidity position to include execution of short-term investments or investment redemptions to meet daily funding requirements arising from cash collections and disbursements

Manages domestic and foreign bank accounts to include the opening of new accounts, closing of existing accounts, and the administration and oversight of bank account privileges, as necessary

Supervises analyst department staff to ensure payment processing wires and debt compliance are filed timely and accurately

Oversees the issuance and cancellation of letters of credit written against the company’s revolving credit facilities to include negotiating directly with beneficiaries, vendors, and municipalities as needed

Ensures timely and accurate compliance with the company’s $300 million revolving credit facilities and $5.1 billion of public debt through the filing of compliance certificates, financial calculations, and monitoring negative covenant utilization typical of high yield issuers

Supports the company’s debt capital markets initiatives including the evaluation of financing transactions through analysis, preparation of Board of Directors, Rating Agency, lender, and investor presentations, as necessary

Ensures compliance with internal controls, SOX controls, policies, and procedures in day-to-day supervision of cash management activities to mitigate fraud risk, interest rate risk, and currency risk

Other duties as assigned