Treasury Manager

Department: Finance, Corporate
Location: Itasca, IL
Type: Full-time

Summary:

The Treasury Manager is responsible for managing the company's treasury operations, cash management, banking relationships, financing activities, and liquidity planning. This role ensures that adequate cash resources are available to support business operations while optimizing working capital and mitigating financial risk. The Treasury Manager will oversee cash forecasting, debt administration, banking systems, payment processes, insurance administration, and corporate travel and expense platforms while partnering closely with accounting, finance, and operational teams.

Essential Duties and Responsibilities include the following, but are not limited to:

• Manage and administer all corporate loan facilities, including domestic and international financing arrangements.
• Monitor loan compliance requirements and maintain lender reporting obligations as applicable
• Serve as the primary contact for banking partners and financial institutions.
• Negotiate banking services, fees, and treasury management solutions as applicable
• Establish, maintain, and administer bank accounts, signatory authorities, and banking platforms.
• Manage treasury management systems and related banking technologies.
• Monitor daily cash balances across all US company accounts.
• Develop and maintain short-term and long-term cash flow forecasts.
• Analyze cash inflows and outflows to optimize liquidity and working capital.
• Identify potential cash shortages or excess cash positions and recommend appropriate actions.
• Support annual budgeting, forecasting, and financial planning processes through cash flow analysis.
• Oversee payment setup processes, including wire transfers and ACH transactions.
• Ensure timely and accurate execution of approved payment activities.
• Administer corporate insurance programs, including renewals, coverage reviews, broker relationships, claims coordination, and cost allocations.
• Manage corporate travel and expense management platforms, including Motus and Navan.
• Oversee company credit card programs, including issuance, controls, compliance, and vendor relationships.
• Develop and maintain treasury policies, internal controls, and procedures.
• Partner with internal and external auditors as required.
• Ensure compliance with applicable company policies, banking agreements, and regulatory requirements.
• Will complete other duties as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Required Education and/or Experience:

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field required.
• Master's degree or advanced finance certification preferred.
• Certified Treasury Professional (CTP), CFA, or CPA preferred.
• 5-8+ years of progressive experience in corporate treasury, cash management, corporate finance, banking, or related financial roles.
• Experience managing banking relationships and treasury management systems.
• Experience with cash forecasting, liquidity management, and working capital optimization.
• Experience administering debt facilities, loan agreements, and lender communications.
• Experience managing insurance programs and financial risk-related activities preferred.
• Experience in a manufacturing, distribution, food ingredient, or multinational environment preferred.

Required Skills/Abilities:

• Strong understanding of treasury operations, cash management, banking services, and liquidity planning.
• Knowledge of ACH, wire transfers, banking platforms, and payment controls.
• Advanced Microsoft Excel skills.
• Experience with ERP systems and financial reporting tools.
• Strong analytical, financial modeling, and problem-solving abilities.
• Ability to interpret financial statements and evaluate financial risks.
• Strong organizational and project management skills.
• Excellent communication and relationship management abilities.
• Demonstrated ability to manage multiple priorities and deadlines.
• High level of accuracy, integrity, and attention to detail.
• Ability to collaborate effectively across departments and with external partners.

Work Conditions & Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Ability to lift up to 10 pounds
• Work environment is normally in an office setting.
• Ability to view a computer screen and type for extended hours
• Ability to sit and stand for extended periods of time
• Other physical requirements include moderate standing and occasional squatting, bending, and twisting.
• Ability to work around a variety of different smells and aromas
• Ability to adjust work schedule as business needs require

Quality/Safety Responsibilities:

All Prinova employees are required to ensure compliance standards with food safety, food defense and food quality (FDA, ILDPH, FSMA, and BRC).

It is the responsibility of each employee to comply with occupational safety and health standards issued under OSHA and to follow all rules, regulations, and procedures established by the Company to ensure that their actions do not impact the health and safety of themselves or others.

What's in it for you?

Competitive Pay - $11,000 - $140,000 annually

Experience, education, geographic location and shift all taken into consideration.

Benefits:

• Medical, Dental, Vision
• Employer paid STD and LTD
• HSA and FSA
• Paid Maternity and Paternity Leave
• PTO
• Employer paid Basic Life Insurance
• 401(k) & Roth with employer match
• Eight Paid Holidays + 3 Floating Holidays
• Voluntary - Critical Illness, Hospital Indemnity, Accident
• Personal growth including training and development opportunities