Michigan Milk Producers Association
Treasury and Corporate Services Manager
Michigan Milk Producers Association, Novi, Michigan, United States, 48377
The Michigan Milk Producers Association is looking for an experienced Manager of Treasury & Corporate Services to join our team. The Treasury & Corporate Services Manager is responsible for overseeing the cooperative's treasury functions, including cash flow management, AP/AR, and CAPEX. This role plays a critical part in ensuring the financial stability and operational efficiency of the cooperative. The Treasury and Corporate Services Manager will work closely with senior management to support strategic initiatives and ensure compliance with banking and regulatory requirements.
About Us:
The Michigan Milk Producers Association (MMPA) - established in 1916 - is a dairy farmer-owned and operated milk marketing cooperative and dairy processor. As the 10th largest dairy cooperative in the U.S., MMPA serves dairy farmers throughout Michigan, Wisconsin, Ohio, and Indiana, employing approximately 625 people in four states. In addition to a cheese plant in Indiana called the Middlebury Cheese Company, and a dairy product plant in Ohio called Superior Dairy, MMPA operates two SQF Level 3 dairy ingredient plants in Michigan. Products made at MMPA's plants include fluid milk, cheese, ultra-filtered milk, ice cream, butter, nonfat dry milk, cream, and condensed skim milk.
Why you'll love working here:
Competitive salaryhealth and wellness benefits with medical coverage through Blue Cross Blue Shield, including mental health benefitsDisability insurancePaid time offRetirement including 401k with employer contributionsPersonal and professional growth opportunitiesEmployee appreciation events and recognition awardsEmployee wellness initiativesEmployees feedback and suggestion forumsJOB RESPONSIBILITIES
Treasury Management:
Manage the Cooperative's cash flow to ensure liquidity and optimize the use of financial resources.Oversee short-term and long-term investment strategies, ensuring alignment with corporate objectives.Monitor and manage financial risks, including interest rate and currency exposure.Develop and maintain relationships with banks, financial institutions, and investment partners.Prepare and present treasury reports to senior management, including cash flow forecasts, liquidity analysis, and investment performance.Corporate Services Management:
Manage the cooperate accounts payable and accounts receivable teamManage the cooperatives' corporate governance framework, ensuring compliance with legal and regulatory requirements.Manage the Capital Asset Requisition form process (CAPEX)Financial Reporting and Analysis
Prepare and analyze financial reports related to treasury and corporate services functions.Provide insights and recommendations to senior management based on financial analysis and market trends.Assist in the preparation of financial statements and ensure compliance with applicable accounting standards.Budgeting and Forecasting:
Contribute to the development of the cooperative's annual budget, focusing on cash flow projections, capital expenditure, and financing needs.Monitor budget performance and provide variance analysis related to treasury and corporate services activities.Support the strategic planning process by providing financial forecasts and scenario analysis.Compliance and Risk Management:
Ensure compliance with all applicable laws, regulations, and corporate policies related to treasury and corporate services.Implement and monitor internal controls to safeguard cooperative's assets and ensure the integrity of financial information.Identify and mitigate operational risks related to treasury and corporate services activities.Team Leadership:
Lead, mentor, and develop the AP/AR team, fostering a culture of continuous improvement.Conduct performance evaluations and provide feedback to team members.Oversee the recruitment and training of new staff.Collaboration:
Work closely with the Senior Corporate Controller and other senior management to support strategic financial initiatives.Provide financial insights and recommendations to support business decisions.Collaborate with external auditors, financial institutions, and other stakeholders as neededEDUCATION/EXPERIENCE
Bachelor's degree in Accounting, Finance, or a related field. Master's degree preferred.Certified Public Accountant (CPA) preferredMinimum of 7-10 years of treasury management, corporate finance or a related field, with at least 3-5 years in a managerial or supervisory role.In-depth knowledge of GAAP, financial reporting, and internal controls.Leadership Skills Strong leadership and team management skills.Excellent analytical and problem-solving abilitiesStrong verbal and written communication skills.ERP experience, Microsoft AX or D365 preferredAbility to work independentlyPossess a strong attention to detailStrong organizational and time management skillsPossess strong interpersonal skills which includes the ability to effectively communicate with employees, vendors, and customersMicrosoft Office Suite to include Word, Excel, Power Point, and Outlook
Join us in maintaining the highest standards in the dairy industry! Apply now and become part of our dynamic MMPA team!
To perform this job successfully, an individual must be able to perform each responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the responsibilities.
This job description is not designed to contain a comprehensive list of responsibilities that are required of the role. Responsibilities may change at any time with or without notice.
MMPA provides the opportunity for meaningful work that makes a difference in the dairy industry and in our communities. The diverse talents and perspectives of our employees help us to meet the needs of our member farms and the customers we serve.
MMPA is an equal opportunity employer.
We are interested in every qualified candidate who is eligible to work in the United States.
We are not interested in unsolicited candidate introductions, referrals or resumes from third party recruiters or staffing agencies for this position.
About Us:
The Michigan Milk Producers Association (MMPA) - established in 1916 - is a dairy farmer-owned and operated milk marketing cooperative and dairy processor. As the 10th largest dairy cooperative in the U.S., MMPA serves dairy farmers throughout Michigan, Wisconsin, Ohio, and Indiana, employing approximately 625 people in four states. In addition to a cheese plant in Indiana called the Middlebury Cheese Company, and a dairy product plant in Ohio called Superior Dairy, MMPA operates two SQF Level 3 dairy ingredient plants in Michigan. Products made at MMPA's plants include fluid milk, cheese, ultra-filtered milk, ice cream, butter, nonfat dry milk, cream, and condensed skim milk.
Why you'll love working here:
Competitive salaryhealth and wellness benefits with medical coverage through Blue Cross Blue Shield, including mental health benefitsDisability insurancePaid time offRetirement including 401k with employer contributionsPersonal and professional growth opportunitiesEmployee appreciation events and recognition awardsEmployee wellness initiativesEmployees feedback and suggestion forumsJOB RESPONSIBILITIES
Treasury Management:
Manage the Cooperative's cash flow to ensure liquidity and optimize the use of financial resources.Oversee short-term and long-term investment strategies, ensuring alignment with corporate objectives.Monitor and manage financial risks, including interest rate and currency exposure.Develop and maintain relationships with banks, financial institutions, and investment partners.Prepare and present treasury reports to senior management, including cash flow forecasts, liquidity analysis, and investment performance.Corporate Services Management:
Manage the cooperate accounts payable and accounts receivable teamManage the cooperatives' corporate governance framework, ensuring compliance with legal and regulatory requirements.Manage the Capital Asset Requisition form process (CAPEX)Financial Reporting and Analysis
Prepare and analyze financial reports related to treasury and corporate services functions.Provide insights and recommendations to senior management based on financial analysis and market trends.Assist in the preparation of financial statements and ensure compliance with applicable accounting standards.Budgeting and Forecasting:
Contribute to the development of the cooperative's annual budget, focusing on cash flow projections, capital expenditure, and financing needs.Monitor budget performance and provide variance analysis related to treasury and corporate services activities.Support the strategic planning process by providing financial forecasts and scenario analysis.Compliance and Risk Management:
Ensure compliance with all applicable laws, regulations, and corporate policies related to treasury and corporate services.Implement and monitor internal controls to safeguard cooperative's assets and ensure the integrity of financial information.Identify and mitigate operational risks related to treasury and corporate services activities.Team Leadership:
Lead, mentor, and develop the AP/AR team, fostering a culture of continuous improvement.Conduct performance evaluations and provide feedback to team members.Oversee the recruitment and training of new staff.Collaboration:
Work closely with the Senior Corporate Controller and other senior management to support strategic financial initiatives.Provide financial insights and recommendations to support business decisions.Collaborate with external auditors, financial institutions, and other stakeholders as neededEDUCATION/EXPERIENCE
Bachelor's degree in Accounting, Finance, or a related field. Master's degree preferred.Certified Public Accountant (CPA) preferredMinimum of 7-10 years of treasury management, corporate finance or a related field, with at least 3-5 years in a managerial or supervisory role.In-depth knowledge of GAAP, financial reporting, and internal controls.Leadership Skills Strong leadership and team management skills.Excellent analytical and problem-solving abilitiesStrong verbal and written communication skills.ERP experience, Microsoft AX or D365 preferredAbility to work independentlyPossess a strong attention to detailStrong organizational and time management skillsPossess strong interpersonal skills which includes the ability to effectively communicate with employees, vendors, and customersMicrosoft Office Suite to include Word, Excel, Power Point, and Outlook
Join us in maintaining the highest standards in the dairy industry! Apply now and become part of our dynamic MMPA team!
To perform this job successfully, an individual must be able to perform each responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the responsibilities.
This job description is not designed to contain a comprehensive list of responsibilities that are required of the role. Responsibilities may change at any time with or without notice.
MMPA provides the opportunity for meaningful work that makes a difference in the dairy industry and in our communities. The diverse talents and perspectives of our employees help us to meet the needs of our member farms and the customers we serve.
MMPA is an equal opportunity employer.
We are interested in every qualified candidate who is eligible to work in the United States.
We are not interested in unsolicited candidate introductions, referrals or resumes from third party recruiters or staffing agencies for this position.