At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career.

Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm.

This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise.  

If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you.

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The Associate, Cash Management & Treasury prepares the daily cash forecast for client investment portfolios and IMCO Pool Strategies, executes capital calls and ensures all strategy funding requirements are met. The Associate assists in the implementation of appropriate cash management and treasury strategies and plans. Under the general direction of the Manager, Cash Management & Treasury, the Associate will be responsible for determining and executing the appropriate movements of cash to minimize interest rate risk to minimize counterparty exposure risk, ensuring timely settlement of cash transactions. The incumbent will assist in the preparation of client liquidity reports for Senior Management. The Associate will be responsible for recording all journal entries for bank transactions. Stays abreast of and reports on market conditions and trends as it relates to cash management and treasury. Manages and develops working relationships internally and with external vendors such as banks, custodians, and brokers.

The Associate will work with fellow members of the Cash Management & Treasury team, as well as collaborating with Investments and other internal stakeholders, to deliver daily reports and project deliverables. The role reports to the Manager, Cash Management & Treasury.

As a Member of Our Team You Will be Responsible For:

• Prepare daily client cash forecasts.
• Execution of cash transfers, wire payments and ensure timely settlement.
• Maintain internal and external settlement instructions and set-up wire templates in banking applications.
• Record journal entries for bank transactions.
• Complete Bank Reconciliations across managed accounts
• Collaborate with internal stakeholders (e.g. Investments, Investment Finance) on project tasks and to service ad-hoc requests.
• Maintain external relationships with various banks, custodians and brokers.
• Other duties as assigned.

What you need to succeed:

• Post-secondary training in Business or Finance or related experience 1-2 years in cash management & treasury.
• Professional accounting/investment designation (CPA, CFA, CTP, MFin, etc.) would be an asset.
• Knowledge of cash management and treasury processes, gained through experience.
• Strong interpersonal and communication skills, with the ability to work collaboratively and to effectively deal with internal and external clients and suppliers.
• Strong technical knowledge of accounting practices, principles, and internal control requirements, including knowledge of capital markets, investment products, trade processing and settlement to accurately record the general ledger postings that represent the activities within the cash account.
• Superior analytical, decision-making and problem-solving skills are required to identify and recommend potential opportunities, coordinating and maintaining up to date information on returns and risks.
• High attention to detail as errors could have an impact on client cash availability and rates of return.
• Proficient with MS Suite (Excel, Word, Access) and 3rd party banking applications.
• Ability to meet deadlines, adapt to a rapidly changing environment and sustain high productivity levels.

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The base salary range for this position is CAD $70,000.00 - $100,000.00. The placement within the range is determined by the range of market pay for the specific position, as well as the candidate's knowledge, skillset and experience relative to the requirements of the position and to internal peers. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you with the specific details for this position.

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We thank all applicants for their interest. Only those selected for an interview will be contacted.

Our hybrid work model prioritizes an office-first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in-office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing.

IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs. Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team. Candidates being considered for this position will be required to undergo background screening.