Manager of Treasury

Border States • Fargo, ND

6d • Onsite

About The Position

The Manager of Treasury oversees daily liquidity, debt compliance, and treasury operations to support the organization’s financial stability and strategic objectives. This role ensures accurate and timely reporting for banking and financing relationships, supports key financial obligations, and partners cross-functionally to strengthen financial metrics, internal controls, and risk management practices. This position possesses strong analytical skills, attention to detail, and the ability to collaborate effectively across departments.

Requirements

• Bachelor’s degree in finance, accounting, business, or related field.
• 5+ years of treasury, corporate finance, or related experience; experience with asset-based lending strongly preferred.
• Strong understanding of cash management, debt compliance, and financial modeling.
• Familiarity with ESOP structures and repurchase liability planning is a plus.
• Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
• Strong working knowledge of Windows and Microsoft Office (Excel, Word, Access, and PowerPoint).
• Excellent analytical, organizational, and communication skills.
• High attention to detail and accuracy.
• Strong problem-solving and critical thinking skills.
• Ability to build collaborative relationships across departments.
• Proactive mindset with a focus on continuous improvement.
• Integrity, confidentiality, and sound judgement.
• Ability to directly supervise, coach, and develop professional staff through setting expectations, monitoring performance, and providing feedback.
• Translates complex financial information into clear, actionable recommendations for leadership.
• Builds effective working relationships with internal and external partners.
• Communicates clearly and professionally, both verbally and in writing, with audiences at all organizational levels.
• Handles sensitive information with discretion and upholds organizational values.

Nice To Haves

• MBA or professional certification (e.g., CTP) preferred.
• Familiarity with ESOP structures and repurchase liability planning is a plus.

Responsibilities

• Manages all aspects of the company’s asset-based loan (ABL) and other debt instruments, ensuring compliance and monitoring liquidity to enable strategic investments.
• Ensures accuracy of debt-related reporting and alignment with loan agreement requirements.
• Coordinates and supports the annual lender field exam, including data preparation, documentation, and examiner inquiries.
• Oversees daily cash management, including cash positioning, forecasting, and short-term liquidity planning.
• Maintains banking relationships and supports ongoing optimization of banking structures, controls, and processes.
• Oversees bank account management, including opening/closing accounts, monitoring monthly fees, and maintaining records of authorized signers.
• Identifies opportunities to improve treasury efficiency, reduce financial risk, enhance reporting accuracy, and to improve treasury policies and internal controls.
• Analyzes capital structure scenarios to support the company’s long term financing strategy and M&A growth initiatives.
• Partners with Finance, M&A Leadership, and external advisors to assess cost of capital, covenant implications, and liquidity impacts of alternative financing options.
• Maintains awareness of ESOP related financial obligations, including the annual repurchase liability.
• Partners with internal stakeholders and external advisors to ensure accurate forecasting, planning, and compliance with ESOP requirements.
• Manages the corporate credit card program with banking and internal partners, with a focus on maximizing rebate structures and financial benefits.
• Prepares treasury related reports, dashboards, and analyses for senior leadership.
• Supports budgeting and forecasting processes related to cash flow, debt, and liquidity.
• Supports strategic financial initiatives and special projects as assigned by the CFO or VP Finance Corporate Controller.
• Responsible for hiring, onboarding, and training of treasury staff.
• Performs other duties as assigned by supervisor or designate.

Benefits

• Health, Dental and Vision Benefits
• Accident, Critical Illness, Hospital Indemnity
• FSA & HSA
• Employee Stock Ownership Plan (ESOP)
• Disability Benefits
• 401(k) Retirement Plan
• Life Insurance
• Employee Assistance Program
• Paid Holidays
• Paid Volunteer Time
• Personal Leave time
• bonuses to their employee-owners upon the achievement of branch and company goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager