Treasury Manager

Location Type: Remote Employment Type: Full-Time

Company Overview

Forward Financing is a financial technology company based in Boston, Massachusetts with team members throughout the United States, Dominican Republic, and Canada. The company is on a mission to unlock the capital that fuels small businesses across America. Recognized as a Best Place to Work by Built In Boston and certified as a Great Place To Work®, Forward is investing in its employees, technology, and customer experience – with long-term success in mind every step of the way.

Position Overview

We are hiring our first dedicated Treasury resource to design and lead the treasury function, manage our structured financing operations, and ensure disciplined, scalable cash and liquidity management across the business. We manage an increasingly complex capital structure that currently includes a warehouse credit facility with top-tier institutional investors, but may also soon include securitizations, forward flow arrangements, and/or corporate notes.

As Treasury Manager, you will report to the CFO and will play a central role in managing the company’s funding and liquidity operations. You’ll be responsible for day-to-day execution across multiple credit facilities and will help scale the function in line with our origination growth primarily of revenue-based financing (RBF), and evolving capital needs. This role requires deep technical knowledge of structured credit in non-traditional lending environments and the ability to build processes, systems, and relationships from the ground up.

Responsibilities

Structured Credit & Capital Operations

• Partner with Portfolio Accounting team on daily management of all warehouse lending and forward flow arrangements, including borrowing base calculations, eligibility testing, collateral file management, and funding operations.
• Ensure compliance with facility-level requirements: reporting, covenants, concentration limits, cash traps, and waterfall triggers.
• Support structuring, modeling, and execution of securitizations and renewals of forward flow agreements, including managing interactions with rating agencies and trustees.
• Coordinate closely with the Strategy & Finance and Legal teams on new deal execution, amendments, and investor onboarding.

Cash & Liquidity Management

• Build and maintain granular, product-specific cash forecasting models that reflect the nuances of RBF and other products with similar repayment behavior.
• Monitor and manage facility utilization, excess availability, and borrowing efficiency across a growing portfolio.
• Oversee daily treasury operations, including fund disbursement, reserve management, and reconciliation of servicing and remittance activity.

Infrastructure & Controls

• Implement scalable treasury systems, processes, and controls to support high transaction volumes and investor reporting standards.
• Develop dashboards and analytics to provide real-time visibility into cash flow, funding runway, and facility performance.
• Establish audit-ready procedures and internal controls over treasury functions, including segregation of duties and compliance documentation.

Cross-Functional Collaboration

• Partner with Accounting, FP&A, Legal, and Servicing teams to align on capital strategy, data integrity, and financial operations.
• Support internal and external audits, investor due diligence, and corporate-level reporting on treasury, liquidity, and funding.
• Act as a strategic advisor to the CFO on capital allocation, deal structuring, and long-term funding planning.

Role Requirements

• 4+ years of treasury, capital markets, or structured finance experience, ideally within a small business lender or fintech focused on RBF and/or loan products.
• Strong understanding of warehouse facilities, ABS securitizations, and forward flow arrangements, including eligibility criteria, borrowing base dynamics, and waterfall mechanics.
• Experience managing high-velocity, short-duration receivables.

(Even if you don’t check every box, but see yourself contributing, please apply.)