Treasurer

Baldor Food•Bronx, NY

27d•Hybrid

About The Position

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.

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

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.