Treasury Manager

Title: Treasury Manager

Salary Range: CA- $120,000-$130,000 Annually, NC- $110,00 - $120,000 Annually

Status: Exempt

Location: Salinas, CA or Bessemer City, NC.

Reports to: CFO

GENERAL DISCRIPTION / PRIMARY PURPOSE:

Participate as a key team member and extension of TheogCompanies' ("ogC") corporate finance and accounting team to manage cash, banking and treasury operations for the Enterprise. This position reports to the Chief Financial Officer and manages responsibility for lender reporting such as monthly borrowing base and periodic covenant compliance reporting, cash/working capital forecasting and being the shared services lead over Accounts Receivable Credit and Collection and Accounts Payable Management and Disbursement Processing.

MAJOR RESPONSIBILITIES AND TASKS / DUTIES OF THE POSITION:

* Cash oversight. Review and monitor daily cash balances and liquidity, manage bank account structure and cash concentration/ABL oversight strategies, including recommendations for any draws or repayments on the revolving line of credit.

* Forecasting. Compile and review 13-week cash forecasts and works with finance leadership, AR and AP management to improve forecast accuracy and accountability

* Lender reporting compliance. Organize and compile monthly borrowing base certificates, analyzing causes and trends underlying ineligible balances and reserves that impact our borrowing capacity

* Bank account administration. Administers treasury management system and banking platforms (initially Bank of America, Wells Fargo Bank, Bank of Montreal and Rabobank)

* Policy and procedure development and enforcement. Ensuring that Shared Services policies and procedures are relevant, up to date and strictly adhered to

* Process improvement. Continuous improvement initiatives to achieve and maintain best in class practices within the Shared Services - Treasury, Accounts Receivable and Accounts Payable function

* Lead role and backup support to Accounts Payable and Accounts Receivable Manager roles. Cross-management support of our Corporate Accounts Receivable Credit and Collection and Accounts Payable Manager roles.

* Interest rate hedge. Coordinate hedge accounting and reporting with Finance and Accounting Leadership.

* Other duties as assigned.

JOB SPECIFIC COMPETENCIES:

* Minimum of 5 years' experience in treasury, banking or accounting.

* Analytical and strategic thinking skills, especially as it relates to developing and maintaining cash forecasting models.

* Knowledge of cash management products, bank services and processes

* Prior experience with treasury management systems and online banking systems

* Previous experience with debt arrangements including Asset Based Lines/Revolvers, Lease lines and Term debt facilities.

* Ability to organize work effectively and meet deadlines

* Ability to work independently and as part of a team

* Detail oriented and strong work ethic

* Strong written and verbal communication skills

* Team player who can build relationships across the organization

* Able to recognize issues and their implications and clearly communicate courses of action

* Knowledge of accounting and general accounting principles

PHYSICAL REQUIREMENTS:

* Ability to bend, stoop, and lift up to 15 pounds. Ability to sit for extended periods of time, use a telephone, communicate with customers and co-workers.

WORK HOUR & TRAVEL REQUIREMENTS:

* Ability to work beyond normal business hours, weekends.

EXPERIENCE AND EDUCATION:

* Bachelor's degree in business, accounting, finance or similar field.

EEO STATEMENT: We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability.