Niagara Bottling, LLC
Treasury Manager
Niagara Bottling, LLC, Diamond Bar, California, United States, 91765
At Niagara, we're looking for Team Members who want to be part of achieving our mission to provide our customers the highest quality most affordable bottled water.Consider applying here, if you want:Work in an entrepreneurial and dynamic environment with a chance to make an impact.Develop lasting relationships with great people.Have the opportunity to build a satisfying career.We offer competitive compensation and benefits packages for our Team Members.Treasury Manager
The Treasury Manager will be an essential member of Niagara Bottling's (the Company's) Treasury group at Niagara's Worldwide Headquarter, reporting directly to the VP of Treasury. The Treasury Manager is driven, hands-on and someone who wants to learn and grow with the Company. This individual should be a good communicator, detail oriented and knowledgeable with accounting under US GAAP (vs. accounting under Banking) so as to be able to take Treasury transactions to the financial statements. This person should demonstrate technical understanding and ease in supporting the VP of Treasury in cash management strategy, hedge strategy and financing strategy.Essential Functions
Conduct daily cash management and oversight of bank accounts (in the US and outside of US) across multiple banking platforms including working with external banking relationship manager, custodian banks, and other vendors, to troubleshoot daily transaction issues.Process daily wires and transfers; including carrying out wire instruction validations procedures.Monitor and manage existing bank account services (e.g. sweep, interest bearing accounts) and signatories including bank account administration for opening, migrating and closing accounts.Monitor and manage Foreign/Multiple Currency Accounts (FCAs/MCAs) including tracking weighted average FX rates and reconciling reporting currency balances to GL.Monitor and manage monthly currency exchanges in accordance with Cross Currency Swap (XCS) contracts.Manage integrated systems, validate data across multiple sources (daily banking transactions into Oracle and future Oracle Cloud module/functions), and provide recommendations on leveraging technology to automate Treasury business processes and reporting.Perform the Treasury team monthly close process as it relates to cash, money market investments, FCAs, and related accounts. Provide audit, internal compliance and due diligence support.Perform the Treasury team monthly closing processes as it relates to recording mark to market on foreign currencies and hedges.Assist VP of Treasury in maintaining the appropriate cash flow and related forecasts (e.g. sales of receivables, debt funding and payments, FX sale/purchases, large vendor/expansion related cash needs).Assist VP of Treasury in monitoring Revolving Line of Credit, including sending out the various required notices.Assist VP of Treasury in monitoring covenant ratios.Perform miscellaneous Treasury-related duties as assigned, and back up other functions within Treasury as needed.Drive and support operational and system improvements to enhance Treasury processes and implementing best practices.Support senior management through preparation of materials for meetings and presentations to interested financial parties, and the executive management team.Please note this job description is not designed to contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without prior notice.Qualifications
Minimum Qualifications:
6 Years - Experience in Field or similar manufacturing environment6 Years - Experience in Position6 Years - Experience managing people/projects
*experience may include a combination of work experience and educationPreferred Qualifications:
10+ Years- Experience in Field or similar manufacturing environment10+ Years - Experience working in Position10+ Years - Experience managing people/projects
*experience may include a combination of work experience and educationCompetencies
This position embodies the values of Niagara's LIFE competency model, focusing on the following key drivers of success:Lead Like an Owner
Manages a safe working environment, accurately documents safety related training, and effectively communicates safety incidentsProvides strategic input and oversight to departmental projectsMakes data driven decisions and develops sustainable solutionsSkilled in reducing costs and managing timelines while prioritizing long run impact over short term winsMakes decisions by putting overall company success first before department/individual successLeads/facilitates discussions to get positive outcomes for the customerMakes strategic decisions which prioritize the needs of the customer over departmental/individual goals
InnovACT
Continuously evaluates existing programs and processes, and develops new initiatives to increase efficiency and reduce wasteCreates, monitors, and responds to departmental performance metrics to drive continuous improvementCommunicates a clear vision, organizes resources effectively, and adjusts the strategy as needed when managing change
Find a Way
Demonstrates ability to think analytically and synthesize complex informationEffectively delegates technical tasks to subordinatesWorks effectively with departments, vendors, and customers to achieve organizational successIdentifies opportunities for collaboration in strategic ways
Empowered to be Great
Makes hiring decisions primarily based on culture fit and attitude, and secondarily based on technical expertiseEngages in long term talent planningProvides opportunities for the development of all direct reportsUnderstands, identifies, and addresses conflict within own team and between teams
Additionally the ideal candidate has the following competencies:Understanding of banking, foreign currencies and familiarity with alternative investmentsUnderstanding of financial accounting conceptsProven reporting system, database, and data agilityStrong work ethic and commitment to completing tasks even under tight deadlinesExperience with treasury workstation system is a plusMust be proficient in Microsoft Office applicationsMust be detail oriented and well organized, having strong oversight over one's fiduciary duties to the CompanyMust be driven, hands on and who wants to learn and grow with the CompanyKnowledgeable with accounting under US GAAP (vs. accounting under Banking)Technical understanding and ease with support of the cash management strategy, and move between banking and accountingMust be able to work remotely and on the Pacific Time ZoneEducation
Minimum Required:
Bachelor's Degree in a work-related field/discipline from an accredited college or university
Preferred:
Master's Degree in a work-related field/discipline from an accredited college or university
Typical Compensation Range
Pay Rate Type: Salary $103,207.00 - $144,490.00 / Yearly Bonus Target: 10% AnnualBenefits
For more details on benefits, please visit
our benefits page .Any employment agency, person or entity that submits a resume into this career site or to a hiring manager does so with the understanding that the applicant's resume will become the property of Niagara Bottling, LLC. Niagara Bottling, LLC will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.Employment agencies that have fee agreements with Niagara Bottling, LLC and have been engaged on a search shall submit resume to the designated Niagara Bottling, LLC recruiter or, upon authorization, submit resume into this career site to be eligible for placement fees.Niagara Plant Name
CORP-OFFSITE
#J-18808-Ljbffr
The Treasury Manager will be an essential member of Niagara Bottling's (the Company's) Treasury group at Niagara's Worldwide Headquarter, reporting directly to the VP of Treasury. The Treasury Manager is driven, hands-on and someone who wants to learn and grow with the Company. This individual should be a good communicator, detail oriented and knowledgeable with accounting under US GAAP (vs. accounting under Banking) so as to be able to take Treasury transactions to the financial statements. This person should demonstrate technical understanding and ease in supporting the VP of Treasury in cash management strategy, hedge strategy and financing strategy.Essential Functions
Conduct daily cash management and oversight of bank accounts (in the US and outside of US) across multiple banking platforms including working with external banking relationship manager, custodian banks, and other vendors, to troubleshoot daily transaction issues.Process daily wires and transfers; including carrying out wire instruction validations procedures.Monitor and manage existing bank account services (e.g. sweep, interest bearing accounts) and signatories including bank account administration for opening, migrating and closing accounts.Monitor and manage Foreign/Multiple Currency Accounts (FCAs/MCAs) including tracking weighted average FX rates and reconciling reporting currency balances to GL.Monitor and manage monthly currency exchanges in accordance with Cross Currency Swap (XCS) contracts.Manage integrated systems, validate data across multiple sources (daily banking transactions into Oracle and future Oracle Cloud module/functions), and provide recommendations on leveraging technology to automate Treasury business processes and reporting.Perform the Treasury team monthly close process as it relates to cash, money market investments, FCAs, and related accounts. Provide audit, internal compliance and due diligence support.Perform the Treasury team monthly closing processes as it relates to recording mark to market on foreign currencies and hedges.Assist VP of Treasury in maintaining the appropriate cash flow and related forecasts (e.g. sales of receivables, debt funding and payments, FX sale/purchases, large vendor/expansion related cash needs).Assist VP of Treasury in monitoring Revolving Line of Credit, including sending out the various required notices.Assist VP of Treasury in monitoring covenant ratios.Perform miscellaneous Treasury-related duties as assigned, and back up other functions within Treasury as needed.Drive and support operational and system improvements to enhance Treasury processes and implementing best practices.Support senior management through preparation of materials for meetings and presentations to interested financial parties, and the executive management team.Please note this job description is not designed to contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without prior notice.Qualifications
Minimum Qualifications:
6 Years - Experience in Field or similar manufacturing environment6 Years - Experience in Position6 Years - Experience managing people/projects
*experience may include a combination of work experience and educationPreferred Qualifications:
10+ Years- Experience in Field or similar manufacturing environment10+ Years - Experience working in Position10+ Years - Experience managing people/projects
*experience may include a combination of work experience and educationCompetencies
This position embodies the values of Niagara's LIFE competency model, focusing on the following key drivers of success:Lead Like an Owner
Manages a safe working environment, accurately documents safety related training, and effectively communicates safety incidentsProvides strategic input and oversight to departmental projectsMakes data driven decisions and develops sustainable solutionsSkilled in reducing costs and managing timelines while prioritizing long run impact over short term winsMakes decisions by putting overall company success first before department/individual successLeads/facilitates discussions to get positive outcomes for the customerMakes strategic decisions which prioritize the needs of the customer over departmental/individual goals
InnovACT
Continuously evaluates existing programs and processes, and develops new initiatives to increase efficiency and reduce wasteCreates, monitors, and responds to departmental performance metrics to drive continuous improvementCommunicates a clear vision, organizes resources effectively, and adjusts the strategy as needed when managing change
Find a Way
Demonstrates ability to think analytically and synthesize complex informationEffectively delegates technical tasks to subordinatesWorks effectively with departments, vendors, and customers to achieve organizational successIdentifies opportunities for collaboration in strategic ways
Empowered to be Great
Makes hiring decisions primarily based on culture fit and attitude, and secondarily based on technical expertiseEngages in long term talent planningProvides opportunities for the development of all direct reportsUnderstands, identifies, and addresses conflict within own team and between teams
Additionally the ideal candidate has the following competencies:Understanding of banking, foreign currencies and familiarity with alternative investmentsUnderstanding of financial accounting conceptsProven reporting system, database, and data agilityStrong work ethic and commitment to completing tasks even under tight deadlinesExperience with treasury workstation system is a plusMust be proficient in Microsoft Office applicationsMust be detail oriented and well organized, having strong oversight over one's fiduciary duties to the CompanyMust be driven, hands on and who wants to learn and grow with the CompanyKnowledgeable with accounting under US GAAP (vs. accounting under Banking)Technical understanding and ease with support of the cash management strategy, and move between banking and accountingMust be able to work remotely and on the Pacific Time ZoneEducation
Minimum Required:
Bachelor's Degree in a work-related field/discipline from an accredited college or university
Preferred:
Master's Degree in a work-related field/discipline from an accredited college or university
Typical Compensation Range
Pay Rate Type: Salary $103,207.00 - $144,490.00 / Yearly Bonus Target: 10% AnnualBenefits
For more details on benefits, please visit
our benefits page .Any employment agency, person or entity that submits a resume into this career site or to a hiring manager does so with the understanding that the applicant's resume will become the property of Niagara Bottling, LLC. Niagara Bottling, LLC will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.Employment agencies that have fee agreements with Niagara Bottling, LLC and have been engaged on a search shall submit resume to the designated Niagara Bottling, LLC recruiter or, upon authorization, submit resume into this career site to be eligible for placement fees.Niagara Plant Name
CORP-OFFSITE
#J-18808-Ljbffr