Embrace the Power of Learning with Us

At Cengage Group, we are dedicated to transforming lives through education, providing a platform where employees can make a real difference in helping students worldwide uncover the joy and potential of learning. United by a common mission, we continuously innovate to empower millions of learners to elevate their lives and reach their aspirations through educational excellence.

A Culture of Inclusion and Discovery

Our organizational culture is the heartbeat of our business. We recognize that an inclusive workplace is vital for our collective success and individual well-being. By valuing diverse viewpoints, we foster an environment where every employee feels encouraged to share their ideas and express their true selves. Our commitment to these values is woven into our daily operations through various programs, benefits, and initiatives. To explore more about our culture, please visit our website.

As a vital member of our Corporate Treasury Function, you will play an essential role in our team, focusing primarily on Cash Management and Global Liquidity. Your contributions will also extend to Financial Risk Management (including FX and Interest Rate Risk), Insurance, controls, SOX testing, and exploring Capital Markets. The Corporate Treasury Team operates in a dynamic setting, where project scopes and responsibilities are continually evolving, offering an engaging atmosphere that emphasizes process improvement, risk mitigation, and cost efficiency.

Your Work Environment: This position is remote for candidates located in the greater Massachusetts or New England area. You will be required to be on-site at our Boston, MA office once a month.

Your Responsibilities:

Global Cash Management & Forecasting

• Contribute to the management of the company’s daily domestic cash flow, including establishing daily cash positions and reconciling them against forecasts.

• Assist in forecasting daily, weekly, monthly, and annual cash flows for the consolidated organization.

• Analyze data concerning vendor spending, bank fees, and cash flow trends.

• Collaborate with the treasury team to execute domestic and international banking transactions and daily operations.

• Help manage global cash balances while optimizing banking operations on a worldwide scale.

• Contribute to the establishment of an optimal global banking structure.

Global Banking Relationships and Bank Management

• Assist in managing banking operations, including account openings, closures, and updates of account information and signatories.

• Monitor and align banking fees with those recorded in the General Ledger.

• Support analysis of bank fee expenses and forecasts.

• Contribute to cash yield analysis and enhancement initiatives.

Bank Administration

• Act as the security administrator for bank portals, updating access and user permissions as needed.

• Prepare quarterly reports on global cash balances and outstanding letters of credit.

Corporate Treasury

• Assist in documenting treasury processes and procedures.

• Ensure adherence to treasury controls and maintain SOX-related documentation.

• Support the annual corporate FBAR efforts.

• Assist the Treasurer, Vice President, and Global Cash Manager with corporate activities and transactions as required.

Key Qualifications:

• Bachelor’s degree in finance or economics; MBA or CTP is a plus.

• At least 5 years of treasury experience is essential; banking experience is advantageous.

• Solid understanding of global cash management and banking practices, including U.S. and international treasury operations.

• Ability to forge strong relationships with both internal and external stakeholders at various levels.

• Exceptional analytical skills to identify and assess trends from large data sets.

• Demonstrated professionalism with the ability to manage multiple tasks in a fast-paced environment, work autonomously, and collaborate effectively.

• A proactive approach to engaging in all areas of Corporate Treasury.

• A strong desire for efficiency and continuous improvement, coupled with intellectual curiosity.

• Flexibility to prioritize and manage competing deadlines.

• Excellent written and verbal communication skills.

• Proficiency in Microsoft Excel is required.

Cengage Group is committed to attracting diverse talent and fostering an inclusive environment. We welcome job applicants without regard to race, ethnicity, religion, gender, sexual orientation, disability, age, veteran status, or any other classification protected by applicable laws.

Cengage is also dedicated to offering reasonable accommodations for qualified individuals with disabilities throughout the application process. If you are a candidate with a disability and require assistance, please contact us.

About Cengage Group

Cengage Group is a leading global education technology company that has served millions of learners by providing affordable, high-quality digital resources and solutions designed to equip students with the essential skills needed for career readiness. With over a century of experience, we have empowered learners through engaging content and integrated digital platforms. We cater to higher education, workforce skills, secondary education, English language teaching, and research markets on a global scale. Our innovative technology, such as MindTap and Cengage Unlimited, supports learners in their quest to enhance their lives through education.

Compensation Overview

At Cengage Group, we take pride in offering a comprehensive, rewarding Total Rewards package tailored to support and uplift our team members. To learn more about our Total Rewards Philosophy, click here.

The complete base pay range for this position has been provided. Individual base salaries will vary based on work schedules, qualifications, experience, internal equity, and location. Sales roles may also include significant incentive compensation beyond the stated base pay range.

$67,000.00 – $87,000.00 USD

Stay Alert to Recruitment Scams Note: There has been a rise in fraudulent recruitment efforts falsely representing Cengage Group and offering unauthorized job offers. Please be aware that Cengage will conduct live in-person, phone, or video interviews before extending any offers. Ensure all communications come from official email addresses.