Treasury Manager

NW Natural•Happy Valley, OR

6d•$110,250 - $157,100•Hybrid

About The Position

At NW Natural, we offer more than rewarding career opportunities and a vibrant, inclusive work culture. We invite you to join us in providing safe and reliable utility services and renewable energy to better the lives of the communities we serve. Our vision is to be the leader in service excellence, innovation and environmental stewardship for our customers, while building on our strengths as a trusted energy provider and environmental leader for our industry. In addition to environmental stewardship, we’re also deeply committed to Diversity, Equity and Inclusion at NW Natural. Our DEI Council started 21 years ago, and today we continue to foster a culture where all employees can experience a sense of belonging, shared purpose and possibility. This hybrid position is based at our headquarters in downtown Portland, Oregon. Candidates must reside within commuting distance of the office or be willing to relocate to the Portland metropolitan area. Employees are required to work onsite Tuesdays through Thursdays each week, with remote work flexibility on Mondays and Fridays, subject to business needs. This schedule supports collaboration, connection, and team engagement while providing flexibility for focused remote work.

Requirements

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field, or an equivalent combination of education and relevant experience.
At least seven years of progressively responsible corporate treasury, cash management, liquidity management, banking, or related finance experience.
Experience leading employees, projects, or a significant treasury process, including setting priorities, reviewing work, and influencing results across functions.
Demonstrated knowledge of cash positioning, cash forecasting, liquidity planning, banking platforms, debt and investment activity, treasury controls, and financial modeling.
Experience with ERP and treasury management systems and advanced proficiency with Excel and financial reporting tools.
Analytical, judgment, problem-solving, communication, and relationship-management skills.
Ability to manage competing priorities, maintain accuracy under deadlines, and handle confidential financial information.

Nice To Haves

MBA, Certified Treasury Professional (CTP), CPA, or comparable professional credential.
Experience in a regulated utility, public company, or complex multi-entity environment.
Experience with SAP Treasury, treasury workstations, bank connectivity, automation, dashboards, and system implementations.
Experience supporting capital markets transactions, commercial paper programs, credit facilities, debt compliance, rate cases, or regulatory reporting.
Direct people-management experience, including performance management and employee development.

Responsibilities

Lead, coach, and develop treasury employees; establish work priorities, assign responsibilities, provide ongoing feedback, and support performance and career development.
Oversee daily cash positioning, liquidity management, short-term borrowing and investment activity, and intercompany funding to ensure adequate liquidity and effective use of cash.
Direct the preparation and continuous improvement of short- and long-term cash forecasts, including review of assumptions, drivers, scenarios, variances, and risks across operating companies and business units.
Provide timely liquidity reporting and forward-looking insights to the Treasurer and senior Finance leaders to support capital planning and business decisions.
Oversee bank account administration, authorized signers, banking services, account structures, fees, controls, and relationship management with financial institutions.
Manage treasury activities associated with credit facilities, commercial paper, debt obligations, interest-rate exposure, dividends, equity contributions, and other financing transactions within established authority.
Ensure treasury activities comply with internal controls, SOX requirements, accounting standards, debt agreements, company policies, and applicable regulatory requirements.
Partner with Accounting on reconciliations, journal entries, month-end and quarter-end close activities, audit support, and resolution of treasury-related issues.
Lead treasury system, ERP, bank connectivity, reporting, and automation initiatives that strengthen controls, improve data quality, reduce manual work, and increase cash visibility.
Oversee development and maintenance of treasury models, dashboards, procedures, controls documentation, and management reporting.
Support debt and equity issuances, covenant compliance, regulatory filings, rate case requests, and other corporate finance initiatives as assigned.
Evaluate financial and operational risks, escalate significant issues, and recommend practical solutions consistent with treasury strategy and company risk tolerance.
Build effective cross-functional relationships and communicate complex treasury concepts, assumptions, risks, and recommendations clearly to technical and nontechnical stakeholders.
Perform other duties and lead special projects as assigned.
Provide supervisory oversight for the Senior Treasury Analyst and other assigned treasury resources.
Coordinate enterprise cash forecasting inputs with FP&A, Accounting, Operations, and subsidiary finance teams.
Lead fundable property analysis and mortgage-related reporting support, as applicable.
Participate in the selection, implementation, and ongoing optimization of SAP Treasury or other treasury technology solutions.

Benefits

Rich health insurance benefits with competitive employer contribution
Free access to an online wellness resources platform
Up to 23 Vacation Days
80 Hours of Sick Time
10 paid holidays and 3 floating holidays
3 weeks paid parental leave
Be part of a workplace where your voice matters. Engage with our Diversity, Equity & Inclusion Council, and a variety of Employee Resource Groups that support community and growth.
1500 sq foot exercise facility and secure bike room
Meaningful annual incentive bonus opportunity in addition to base salary
Competitive 401K company contribution and match
15% discount on NW Natural stock through Employee Stock Purchase Program
Up to $5250 a year in tuition reimbursement
Wellness incentive program
20% off natural gas service
Up to 30% discount at NW Natural Appliance Center
TriMet Pass for all HQ employees
Generous discounts with Verizon & AT&T Wireless