Treasury Manager - Renewable Natural Gas (RNG)
About Waga Energy
Waga Energy was established to further our founders' commitments to preserving the common good and acting collectively to ensure a sustainable future.
Committed to the fight against global warming and to a sustainable energy transition, Waga Energy has developed a breakthrough technology to recover landfill gas into biomethane, also called Renewable Natural Gas (RNG). Our WAGABOX® landfill gas upgrading units deliver high-quality biomethane, regardless of the quality of the raw biogas. The biomethane produced by the WAGABOX® can be injected directly into the gas grid or used as fuel for vehicles. Waga Energy builds, owns, operates, and maintains the WAGABOX® units under long-term contracts with landfill owners, and biomethane sales revenue is shared
Already in operation at dozens of landfill sites worldwide, this revolutionary landfill gas purification solution has been producing clean, local renewable energy since 2015. Waga Energy is committed to a mission of driving a sustainable energy transition by making RNG accessible to all.
Guided by the values of Boldness, Mastery, and Cooperation, Waga Energy employees in Europe, North America, and other locations are united by a common purpose: maintaining a livable planet for future generations.
About the Position - Responsibilities & Duties
In support of Waga Energy’s rapidly growing US subsidiary operating through multiple Special Purpose Vehicles (SPVs), the newly created Treasury Manager position will play a critical role in safeguarding liquidity, maintaining bank infrastructure, and supporting financial operations while building and formalizing treasury processes within a complex, multi-entity organizational structure.
The role requires technical treasury expertise, strong organizational skills, and the ability to collaborate with internal and external stakeholders, including Waga Energy’s corporate treasury office in France.
Additionally, although project financing activities will not fall directly within the scope of this role, successful candidates for this role will understand how project finance structures affect daily liquidity, cash positions, and administrative requirements.
Primary responsibilities include, but will not be limited to:
Cash & Liquidity Management
Monitor and manage daily cash positions across multiple SPVs and bank accounts.
Develop and implement strategies for cash optimization, including overnight and short-term investments.
Forecast short-term and medium-term liquidity requirements and proactively highlight funding needs.
Coordinate internal cash movements to ensure sufficient liquidity for operations and SPV obligations.
Banking Infrastructure & Administration
Manage relationships across several banking partners, ensuring accounts, mandates, and documentation remain current.
Maintain banking software platforms, ensuring segregation of duties, appropriate user access, and compliance with internal control frameworks.
Develop and maintain a standardized control and approval workflow aligned with group governance policies.
Oversee the setup of new bank accounts for new SPVs and support bank onboarding processes.
Evaluate and implement treasury technology improvements (e-banking enhancements, TMS modules, automation tools).
Treasury Accounting & Controls
Oversee payment processing controls and ensure compliance with approval policies.
Ensure that all cash movements are accurately recorded in the ERP (SAP).
Coordinate daily bank reconciliations and investigate discrepancies.
Maintain up-to-date treasury records, banking documentation, and internal registers.
Support internal and external audits related to treasury operations.
Maintain treasury policies, procedures, and internal control documentation.
Risk Management
Support the identification, execution, and monitoring of interest rate hedging strategies for the US group.
Track hedge effectiveness and ensure compliance with internal risk management policies.
Monitor market developments relevant to interest rate risk and liquidity management.
Support Project Finance Activities (Administrative & Informational)
Understand the structure and cash flow implications of existing and upcoming project financings.
Provide administrative support to ensure treasury inputs are delivered on time (e.g., bank account setups, KYC documentation, payment flows, etc.).
Monitor scheduled debt service obligations and coordinate funding availability.
Coordination with Corporate Treasury Office (France)
Act as the primary liaison with the group corporate treasury team in France.
Prepare periodic liquidity reports, cash forecasts, and treasury KPIs for group reporting.
Collaborate on group-wide treasury initiatives, policy updates, and system improvements.
About You - Qualifications & Skills
The ideal candidate is a highly organized, solution-oriented, treasury professional with a bachelor’s degree in accounting, finance, or a closely related discipline and 5 to 8 years of relevant treasury experience, preferably in a multi-entity or project-based organization, managing complex cash structures, multiple banks, and numerous accounts.
Additional requirements include:
Strong understanding of cash management, liquidity forecasting, and short-term investments.
Experience with interest rate hedging tools (swaps, caps, collars, etc.).
Familiarity with project finance structures (i.e., understanding cash flow mechanics, covenants, and waterfall structures).
Proficiency with complex ERP systems (e.g., SAP, Oracle, Microsoft Dynamics). SAP experience preferred, specifically experience supporting an SAP implementation project.
Strong Excel skills and familiarity with treasury and banking systems.
Excellent attention to detail, organizational skills, and the ability to work independently in a newly formed function.
Excellent written and verbal communication skills and the ability to effectively build and maintain internal and external stakeholder relationships across all levels of the organization, including international stakeholders.
Candidates must also be proactive with a strong sense of ownership/accountability, the ability to build processes from the ground up, and the ability to manage competing priorities.
Culture
Faced with the urgent need to act to reduce greenhouse gas emissions, the employees of Waga Energy have committed themselves to take meaningful action to contribute to sustainable energy transition and the construction of a more environmentally friendly society. In serving as members of this committed team of professionals, Waga Energy employees are supported in meeting their professional development and career advancement goals within a fair, ethical culture focused on cooperation, humility, integrity, respect, and teamwork.
Benefits
Waga offers a competitive annual salary and benefits package including 20 days of paid time off, 11 paid holidays and paid parental leave along with health, dental, vision, life, and disability insurance and a 401k plan with company matching contributions.
Recruiting Process
Waga Energy's recruiting process typically includes the following steps:
Interview with human resources via phone or Teams.
Interview with applicable department manager and human resources in-person or via Teams.
Potential additional interview with executive or corporate/group level manager.
Candidate completes Predictive Index (PI) cognitive and behavioral assessments.
Human resources presents employment offer.
Waga Energy is an equal opportunity employer.
Note to Recruiters/Staffing Agencies: Waga Energy, Inc. is currently managing all recruiting efforts internally and is not accepting inquires or candidate recommendations from external agencies.
- Department
- Finance
- Locations
- Philadelphia area (Bala Cynwyd, PA)
- Employment type
- Full-time
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