Michael Page
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Senior Director of Treasury
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Michael Page 1 day ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. This range is provided by Michael Page. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$180,000.00/yr - $200,000.00/yr Reporting directly into the CFO, the Director of Treasury will lead treasury operations by overseeing key corporate services, including cash flow management, borrowings, debt, U.S. cash management, and initiatives to enhance the accuracy of U.S. cash flow forecasting. In addition, you will lead a team of 3 individuals and partner cross-functionally with various departments/locations. I'm partnering with a rapidly growing, multi-billion-dollar food manufacturer in Downtown Chicago. There are 20 manufacturing sites across NA and 15 innovation labs that are constantly developing new products within the food commodities space. This client's customer base is in well-known stores such as Costco, Walmart, Aldi, etc. and they partner with large CPG companies such as Pepsi, Mars, Kraft, etc. They are now seeking to bring on a Director of Treasury to their growing team. Description
Provide leadership to the treasury team, ensuring efficient execution of core corporate treasury functions such as wire transfers, account funding, cash concentration, and forecasting of cash flows. Analyze and pursue opportunities to streamline and unify cash management practices across the company's business units. Develop and enforce treasury policies, authorizations, procedures, and internal controls to ensure compliance with regulatory, documentation, and reporting standards. Assess cybersecurity and fraud risks within treasury operations and implement appropriate risk mitigation measures. Collaborate with Internal Audit to support both internal and external audits related to treasury activities. Lead negotiations with banks and financial institutions for financing solutions, including SIP products, receivables factoring, securitization, leases, and notes. Manage the credit review process with lenders, including responding to inquiries and ensuring timely communication. Support coordination efforts with the Global Corporate Treasury Group on cross-functional treasury initiatives. Offer strategic input on adopting new banking technologies, products, and services to enhance cash flow management and simplify operations. Track, monitor, and ensure compliance with covenant and reporting requirements related to existing credit agreements. Maintain oversight of treasury-related accounting practices to ensure alignment with appropriate financial procedures. Manage the company's credit and debit card programs, including oversight of collections, fee structures, and related performance analysis. Perform other duties as assigned. Profile
Bachelor's degree in Accounting or Finance, or related field Manufacturing or CPG industry experience required CPA or CMA nice to have Experience managing banking relationships Proficient skills in Microsoft Office Suite, SAP, BI, Excel4Apps, and other integrated reporting solutions Excellent teamwork and relationship building Ability to work with a diverse team across various geographies Excellent written and verbal communication skills Ability to handle multiple tasks accurately and meet deadlines in a fast-paced environment Strong attention to detail, strong sense of urgency, and ownership Job Offer
Competitive compensation package Great company culture and positive work environment Ample room to progress your career Highly visible role, partnering with the CFO and Senior Leaders Managing a team of 3 Global travel opportunities MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. Seniority level
Director Employment type
Full-time Job function
Accounting/Auditing and Finance Industries Food and Beverage Manufacturing Referrals increase your chances of interviewing at Michael Page by 2x We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Senior Director of Treasury
role at
Michael Page 1 day ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. This range is provided by Michael Page. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$180,000.00/yr - $200,000.00/yr Reporting directly into the CFO, the Director of Treasury will lead treasury operations by overseeing key corporate services, including cash flow management, borrowings, debt, U.S. cash management, and initiatives to enhance the accuracy of U.S. cash flow forecasting. In addition, you will lead a team of 3 individuals and partner cross-functionally with various departments/locations. I'm partnering with a rapidly growing, multi-billion-dollar food manufacturer in Downtown Chicago. There are 20 manufacturing sites across NA and 15 innovation labs that are constantly developing new products within the food commodities space. This client's customer base is in well-known stores such as Costco, Walmart, Aldi, etc. and they partner with large CPG companies such as Pepsi, Mars, Kraft, etc. They are now seeking to bring on a Director of Treasury to their growing team. Description
Provide leadership to the treasury team, ensuring efficient execution of core corporate treasury functions such as wire transfers, account funding, cash concentration, and forecasting of cash flows. Analyze and pursue opportunities to streamline and unify cash management practices across the company's business units. Develop and enforce treasury policies, authorizations, procedures, and internal controls to ensure compliance with regulatory, documentation, and reporting standards. Assess cybersecurity and fraud risks within treasury operations and implement appropriate risk mitigation measures. Collaborate with Internal Audit to support both internal and external audits related to treasury activities. Lead negotiations with banks and financial institutions for financing solutions, including SIP products, receivables factoring, securitization, leases, and notes. Manage the credit review process with lenders, including responding to inquiries and ensuring timely communication. Support coordination efforts with the Global Corporate Treasury Group on cross-functional treasury initiatives. Offer strategic input on adopting new banking technologies, products, and services to enhance cash flow management and simplify operations. Track, monitor, and ensure compliance with covenant and reporting requirements related to existing credit agreements. Maintain oversight of treasury-related accounting practices to ensure alignment with appropriate financial procedures. Manage the company's credit and debit card programs, including oversight of collections, fee structures, and related performance analysis. Perform other duties as assigned. Profile
Bachelor's degree in Accounting or Finance, or related field Manufacturing or CPG industry experience required CPA or CMA nice to have Experience managing banking relationships Proficient skills in Microsoft Office Suite, SAP, BI, Excel4Apps, and other integrated reporting solutions Excellent teamwork and relationship building Ability to work with a diverse team across various geographies Excellent written and verbal communication skills Ability to handle multiple tasks accurately and meet deadlines in a fast-paced environment Strong attention to detail, strong sense of urgency, and ownership Job Offer
Competitive compensation package Great company culture and positive work environment Ample room to progress your career Highly visible role, partnering with the CFO and Senior Leaders Managing a team of 3 Global travel opportunities MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. Seniority level
Director Employment type
Full-time Job function
Accounting/Auditing and Finance Industries Food and Beverage Manufacturing Referrals increase your chances of interviewing at Michael Page by 2x We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr