Treasury Manager

Grammarly

Grammarly

Accounting & Finance
San Francisco, CA, USA
Posted on Saturday, September 2, 2023

Grammarly is excited to offer a remote-first hybrid working model. Team members work primarily remotely in the United States, Canada, Ukraine, Germany, or Poland. Certain roles have specific location requirements to facilitate collaboration at a particular Grammarly hub.

All roles have an in-person component: Conditions permitting, teams meet 2–4 weeks every quarter at one of Grammarly’s hubs in San Francisco, Kyiv, New York, Vancouver, and Berlin, or in a workspace in Kraków. This flexible approach gives team members the best of both worlds: plenty of focus time along with in-person collaboration that fosters trust and unlocks creativity.

Grammarly team members in this role must be based in the United States or Canada, and they must be able to collaborate in person 2 weeks per quarter, traveling if necessary to the hub(s) where the team is based.

The opportunity

Every day, tens of millions of people and 50,000 professional teams worldwide trust Grammarly’s AI and human expertise to help ideate, compose, revise, and comprehend communications. Our team members have the autonomy to take on exciting challenges in pursuit of our mission to improve lives by improving communication. Together, we’re building on more than a decade of steady growth and profitability. We’re defining the communication assistance category with our tailored service offerings: Grammarly Free, Grammarly Premium, Grammarly Business, and Grammarly for Education. Our latest product offering, GrammarlyGO, brings the power of generative AI to our users. It all begins with our team collaborating in an inclusive, values-driven, and learning-oriented environment.

To achieve our ambitious goals, we’re looking for a Treasury Manager to join our Accounting team reporting to our leader in Tax. The ideal candidate will lead the treasury operations related to daily cash management, investments, payments, foreign exchange, international operations, credit card administration, and process oversight to improve the accuracy of cash flow forecasting.

This opportunity is ideal for someone who has excellent core knowledge of treasury operations and SEC rules, and is eager to contribute their expertise to a quickly growing company. The ideal candidate will have a full vision of establishing and improving processes and building a world-class treasury function from the ground up.

Your impact

As Treasury Manager, you will work in a fast-paced environment and will help establish and improve existing processes. Key to your success in this role will be a positive attitude, an eagerness to learn, an ownership mindset, the ability to lead and drive projects, and a passion for Grammarly.

In this role, you will:

  • Work cross-functionally with Accounting, Finance, Tax and Payments Platform teams to enable active monitoring and optimization of working capital.
  • Liaise and manage the relationships with domestic banks and international financial institutions.
  • Manage and process ACH and wire transfer payments through online banking and among subsidiaries.
  • Manage the user access to the online banking and treasury systems.
  • Create and implement investment policy to manage excess multi-currency cash balances in the US and in international subsidiaries.
  • Monitor and manage multi-currency cash balances, execute foreign exchange trades, and prepare cash forecasts.
  • Advise management on foreign exchange risk mitigation strategies and implement appropriate programs.
  • Administrate corporate credit card program and monthly payments.
  • Support foreign exchange & Cash SOX documentation and ensure ongoing compliance.
  • Design treasury control procedures and ensure compliance with AML/KYC documentation, FBAR, anti-money laundering regulations, and other rules governing cash transactions and banking.
  • Be an expert in your areas of responsibility and take end-to-end ownership of all aspects of your projects.

We're looking for someone who

  • Embodies our EAGER values—is ethical, adaptable, gritty, empathetic, and remarkable.
  • Is able to collaborate in person 2 weeks per quarter, traveling if necessary to the hub where the team is based.
  • Has 6+ years of experience in a corporate treasury department.
  • Has a bachelor’s degree in a business-related field—Certified Treasury Professional (CTP) designation is a plus.
  • Has experience and knowledge in foreign exchange, treasury-related FASB rules, and financial instruments.
  • Displays a high level of genuine curiosity about our business, asks lots of questions, and exhibits an eagerness to learn.
  • Has high aptitude and enthusiasm for complex problem-solving in technical accounting topics and has strong skills with spreadsheets.
  • Has excellent verbal and written communication skills.
  • Preferably is experienced with SaaS and/or enterprise software business models.

Support for you, professionally and personally

  • Professional growth: We believe that autonomy and trust are key to empowering our team members to do their best, most innovative work in a way that aligns with their interests, talents, and well-being. We support professional development and advancement with training, coaching, and regular feedback.
  • A connected team: Grammarly builds a product that helps people connect, and we apply this mindset to our own team. Our remote-first hybrid model enables a highly collaborative culture supported by our EAGER (ethical, adaptable, gritty, empathetic, and remarkable) values. We work to foster belonging among team members in a variety of ways. This includes our employee resource groups, Grammarly Circles, which promote connection among those with shared identities, such as BIPOC and LGBTQIA+ team members, women, and parents. We also celebrate our colleagues and accomplishments with global, local, and team-specific programs.

Compensation and benefits

Grammarly offers all team members competitive pay along with a benefits package encompassing the following and more:

  • Excellent health care (including a wide range of medical, dental, vision, mental health, and fertility benefits)
  • Disability and life insurance options
  • 401(k) and RRSP matching
  • Paid parental leave
  • Twenty days of paid time off per year, eleven days of paid holidays per year, and unlimited sick days
  • Home office stipends
  • Caregiver and pet care stipends
  • Wellness stipends
  • Admission discounts
  • Learning and development opportunities

Grammarly takes a market-based approach to compensation, which means base pay may vary depending on your location. Our US and Canada locations are categorized into compensation zones based on each geographic region’s cost of labor index. For more information about our compensation zones and locations where we currently support employment, please refer to this page. If a location of interest is not listed, please speak with a recruiter for additional information.

Base pay may vary considerably depending on job-related knowledge, skills, and experience. The expected salary ranges for this position are outlined below by compensation zone and may be modified in the future.

United States:
Zone 1: $151,000- 187,000/year (USD)
Zone 2: $136,000- 168,000/year (USD)
Zone 3: $128,000- 159,000/year (USD)
Zone 4: $121,000- 150,000/year (USD)

We encourage you to apply

At Grammarly, we value our differences, and we encourage all—especially those whose identities are traditionally underrepresented in tech organizations—to apply. We do not discriminate on the basis of race, religion, color, gender expression or identity, sexual orientation, ancestry, national origin, citizenship, age, marital status, veteran status, disability status, political belief, or any other characteristic protected by law. Grammarly is an equal opportunity employer and a participant in the US federal E-Verify program (US). We also abide by the Employment Equity Act (Canada).

Please note that EEOC is optional and specific to US-based candidates.

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All team members meeting in person for official Grammarly business or working from a hub location are strongly encouraged to be vaccinated against COVID-19.