Manager of Treasury

Be part of a growing, successful company in an exciting and challenging field. Border States is 100% employee-owned, which means you're empowered to make decisions, find solutions and receive rewards for your hard work. This position will be located in:
Fargo, ND Final date to receive applications:
Posted Until Filled Please note that the position may be filled before or after the listed Final date to receive applications. Applications will only be accepted while the posting remains active.

Job Summary The Manager of Treasury oversees daily liquidity, debt compliance, and treasury operations to support the organization's financial stability and strategic objectives. This role ensures accurate and timely reporting for banking and financing relationships, supports key financial obligations, and partners cross-functionally to strengthen financial metrics, internal controls, and risk management practices. This position possesses strong analytical skills, attention to detail, and the ability to collaborate effectively across departments.

Responsibilities Essential Functions
* Manages all aspects of the company's asset-based loan (ABL) and other debt instruments, ensuring compliance and monitoring liquidity to enable strategic investments.
* Ensures accuracy of debt-related reporting and alignment with loan agreement requirements.
* Coordinates and supports the annual lender field exam, including data preparation, documentation, and examiner inquiries.
* Oversees daily cash management, including cash positioning, forecasting, and short-term liquidity planning.
* Maintains banking relationships and supports ongoing optimization of banking structures, controls, and processes.
* Oversees bank account management, including opening/closing accounts, monitoring monthly fees, and maintaining records of authorized signers.
* Identifies opportunities to improve treasury efficiency, reduce financial risk, enhance reporting accuracy, and to improve treasury policies and internal controls.
* Analyzes capital structure scenarios to support the company's long term financing strategy and M&A growth initiatives.
* Partners with Finance, M&A Leadership, and external advisors to assess cost of capital, covenant implications, and liquidity impacts of alternative financing options.
* Maintains awareness of ESOP related financial obligations, including the annual repurchase liability.
* Partners with internal stakeholders and external advisors to ensure accurate forecasting, planning, and compliance with ESOP requirements.
* Manages the corporate credit card program with banking and internal partners, with a focus on maximizing rebate structures and financial benefits.
* Prepares treasury related reports, dashboards, and analyses for senior leadership.
* Supports budgeting and forecasting processes related to cash flow, debt, and liquidity. Non-Essential Functions
* Supports strategic financial initiatives and special projects as assigned by the CFO or VP Finance Corporate Controller.
* Responsible for hiring, onboarding, and training of treasury staff.
* Performs other duties as assigned by supervisor or designate. Qualifications
* Bachelor's degree in finance, accounting, business, or related field. MBA or professional certification (e.g., CTP) preferred.
* 5+ years of treasury, corporate finance, or related experience; experience with asset-based lending strongly preferred.
* Strong understanding of cash management, debt compliance, and financial modeling.
* Familiarity with ESOP structures and repurchase liability planning is a plus.
* Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
* Strong working knowledge of Windows and Microsoft Office (Excel, Word, Access, and PowerPoint).

Skills and Abilities

* Excellent analytical, organizational, and communication skills.
* High attention to detail and accuracy.
* Strong problem-solving and critical thinking skills.
* Ability to build collaborative relationships across departments.
* Proactive mindset with a focus on continuous improvement.
* Integrity, confidentiality, and sound judgement.
* Ability to directly supervise,…