Senior Treasury Manager

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.