Treasurer

MacLean Power Systems • Fort Mill, SC

3d • Onsite

About The Position

Headquartered in Fort Mill, South Carolina, MacLean Power Systems (MPS) is a leading manufacturer of mission-critical and engineered components for the electric utility, telecommunications, and civil markets. Established in 1986 as a subsidiary of a larger parent company, MPS has grown substantially and now operates as a standalone company. A dedicated workforce of over 1,600 team members worldwide, MPS is renowned for its commitment to quality, responsiveness, and safety. Our focus on vertical integration ensures the highest standards across our product lines. We operate nine production facilities across North America and continually invest in our manufacturing capabilities to better serve our customers.
At MPS, we strive to create a workplace that embodies respect, openness, collaboration, personal growth, and entrepreneurship. We are committed to achieving excellence in Environmental, Health & Safety through our Mission Zero initiative.
We are a leading manufacturer seeking a talented Treasurer. The Treasurer is responsible for managing the company’s liquidity, banking relationships, debt obligations, financial risk management, and enterprise credit and collections. This role ensures the company maintains sufficient liquidity to support operations and growth while minimizing financial risk and maintaining full compliance with lender agreements.
The Treasurer partners closely with the CFO, operating entity finance leaders, banks, lenders, and insurance providers to support the company’s financial stability and capital structure.
This role is responsible for establishing and enforcing treasury policies, optimizing working capital, and implementing treasury systems and controls that support a multi-entity operating structure.

Requirements

• Bachelor's degree in finance, accounting, or a related field (master’s degree or MBA preferred).
• Certified Treasury Professional (CTP) designation or other relevant certifications.
• 10+ years of treasury, finance, or related experience, including demonstrated success in corporate treasury operations
• Proven experience as a Treasurer or in a similar treasury role within a large-scale organization.
• Strong knowledge of financial markets, investment instruments, and risk management techniques.
• Solid understanding of accounting principles, financial reporting, and regulatory requirements.
• Proficiency in using treasury management systems and financial software.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills to collaborate with internal and external stakeholders.
• Ability to work effectively in a fast-paced, dynamic environment.
• Exceptional attention to detail and accuracy.

Responsibilities

• Oversee enterprise liquidity across all operating entities, including daily cash positioning, bank balances, and intercompany cash movement.
• Maintain short- and long-term cash forecasts, including a rolling 13-week liquidity forecast.
• Optimize working capital drivers that impact cash flow.
• Serve as the primary relationship manager for the company’s banking and lending partners.
• Negotiate banking services, credit facilities, and related fees.
• Evaluate and maintain an efficient banking structure across all entities.
• Manage corporate debt facilities and borrowing arrangements.
• Ensure compliance with financial covenants and lender reporting requirements.
• Prepare covenant calculations, borrowing base reports, and compliance certificates.
• Establish and enforce treasury policies, procedures, and internal controls.
• Oversee payment processes, banking authorizations, and fraud prevention controls.
• Lead implementation and administration of treasury management systems.
• Standardize treasury processes and reporting across operating entities.
• Identify and manage financial risks, including interest rate exposure, foreign exchange exposure, and counterparty credit risk.
• Monitor financial markets and recommend risk mitigation strategies where appropriate.
• Oversee enterprise customer credit policies, credit approvals, and collections processes.
• Monitor customer credit exposure and aging trends to protect cash flow.
• Manage the company’s corporate insurance programs, including property & casualty, workers’ compensation, directors & officers’ liability, employment practices liability, cyber coverage, and related policies.

Benefits

• We offer a competitive compensation package, including bonus potential tied to company performance, and a dynamic work environment that encourages creativity, innovation, and professional growth.
• A comprehensive benefits package including Medical, Dental, and Vision, 401k with employer match, employer-paid disability, and more...

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees