Senior Treasury Manager (Finance)
Senior Treasury Manager
Land O'Lakes is hiring a Senior Treasury Manager. Reporting to the Chief Accounting Officer & Treasurer, you will be a key participant in the company's treasury management function. You'll be actively involved in a broad range of treasury related processes and projects including cash management, wire transfers, investing/borrowing, bank account administration and compliance, foreign currency hedging and leasing analysis. You will coordinate cash flow forecasts, assist the Treasurer with debt refinancing activities, and prepares month-end reporting. Additionally, you'll provide expert advice to cross-functional teams on M&A and other projects and ensure policies and procedures meet the organization's objectives and regulatory requirements. This role has two direct reports.
Your primary responsibilities include:
Cash and Banking Operations:
- Manage daily cash position. Ensure that the corporation and its subsidiaries have adequate liquidity at all times to meet operating cash needs.
- Identify and implement best practice process and procedures to centralize and integrate cash management for maximum efficiency.
- Effectively execute and control daily wire/ACH transfers with accuracy and to prevent fraud.
- Partner with Tax, legal and accounting teams to provide oversight of international banking relationships.
- Monitor and optimize interest expense, bank fees, lockboxes and card services.
- Work on cross-functional teams on M&A projects and other integrations.
- Comply with SOX controls and work with audit to guard against the risk of error and fraud.
- Participate in special projects and strategic planning activities as needed.
Cash Forecasting:
- Coordinate with business units to compile individual monthly and annual cashflow forecast.
Other Responsibilities:
- Provide leadership, professional development and coaching to the treasury team, including conducting mid-year and year-end performance reviews. Provide guidance, coaching and feedback.
- Assist with FX exposure analysis and execute foreign exchange hedging transactions (spot and forward contracts). Provide monthly report to Accounting and management.
- Month-end financial reporting related to total debt, leases, guarantees, interest rates, hurdle rates, MTM reports, FMV reports etc.
- Monitor expenses of the department and assist in budget development
Education and Experience:
- Bachelor's degree in finance, Accounting or Economics or related
- 7-10 years Treasury experience
- Experience leading a team highly desired
- Certified Treasury Professional (CTP) strongly desired
Competencies and other skills:
- Strong working knowledge of Excel, Word, Power Point, bank application software, and other computer applications.
- Strong knowledge of financial market instruments, banking and cash management tools.
- Strong attention to detail and accuracy.
- Excellent communication skills, both written and verbal.
- Ability to work both independently and with multi-discipline teams.
- Ability to deal with continual change/Self-directed / self-starting
- Desire to learn / Quick study
- Strong interpersonal skills / ability to establish and maintain good working relationships with both internal and external partners and customers
Approximate Salary Range: $120,000-$175,000
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About Land O'Lakes, Inc.
Join us and be part of a Fortune 250, farmer- and member-owned cooperative that is reimagining the business of food. We have been named a Top Workplace by Indeed and LinkedIn, and to the TIME 100 Most Influential Companies list.
Benefits for most full-time roles include medical, dental, vision, PTO, life & disability insurance, education assistance, a 401k and a variety of well-being resources. Most part-time employees are eligible for prorated PTO, holiday pay, employee development programs, prorated education assistance, and a 401(k).
Land O'Lakes, Inc. is an Equal Opportunity Employer (EOE) M/F/Vets/Disabled. The company maintains a drug-free workforce, including post-employment substance abuse testing pursuant to a Drug and Alcohol Policy.
Neither Land O'Lakes, nor its search firms, will ever contact you and ask for confidential information over the phone or in email. If you receive a call or email like this, please do not provide the information being requested.
