Baldor Specialty Foods

Base Pay $225000 $250000 / YEAR

Overview:

The Treasurer will oversee and protect the organization’s financial resources and ensures adequate liquidity for operations, capital investments and supply chain functions. Day-to-day tasks will include cash management, investment planning, risk management, financial reporting, and ensuring compliance with regulatory requirements. The Treasurer will also collaborate with other departments to optimize financial performance and advise on financial matters.

Key Responsibilities:

• Manage daily cash needs: Supervise the daily process to ensure the appropriate amount of funding on all of our funding rails; monitor balances to make adjustments as necessary
• Forecast liquidity: Develop and maintain near term funding plan; explore new ways to forecast funding needs
• Support business units by providing leadership and support to new projects as necessary; work to stay ahead of new company initiatives
• Oversee preparation of required lender and investor compliance reporting
• Responsible for interest expense, cash and liquidity forecasting
• Manage overall bank account structure, including automation, account administration (signatories, access, fees), opening and closing
• Improve the usage of our Treasury Management System (FIS Integrity) by actively seeking ways to enhance its functionality and efficiency, identifying and implementing new modules in order to automate processes
• Track bank fees; provide periodic reports to management and suggest changes that could enhance yield by optimizing cash use and investment
• Own the SOX program for Treasury; ensuring controls are in place and monitored appropriately
• Enhance management reporting, particularly related to cash balances and interest expense
• Ensure full compliance with treasury policies and internal controls; including reporting against targets, limits and Early Warning Indicators
• Drive continuous improvement in controls as it relates to treasury and banking operations and ensure compliance.

Requirements:

• Proven experience in corporate treasury, preferably in manufacturing/distribution industry
• High level of engagement in a fast paced, 24/7 environment
• Excellent communication skills with internal and external stakeholders
• Proficient understanding of business sensitivities and confidentialities
• Successful record of leading high performing teams, delivering streamlined process and leveraging technology.
• Exceptional organization and attention to detail
• Analytical skills, problem-solving and critical thinking skills
• Forward thinker that can develop plans for department needs to go to keep up with company growth.

Education and Experience:

• Bachelor’s degree in Finance, Accounting or related field; and either a master’s degree or CPA certification
• Minimum 10+ years of experience in treasury, cash management, and/or corporate finance

Technology Skills:

• Proficiency in CashPro SAP S4, Microsoft Dynamics 365, Excel, and PowerPoint

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