Treasury Manager

Whether you're just beginning your career or have years of experience—you've come to the right place! Working at Alto-Shaam means you’re a part of a passionate team working together towards one goal.

Since 1955, Alto-Shaam has pioneered industry-leading commercial food service equipment that anticipates and responds to our customers' needs. Our solutions help food service businesses like Sendik’s Food Market andSaz’s Hospitality Group enhance their menus while providing a greater return on their investment.

Our world-class products are made in a world-class facility. Alto-Shaam’s headquarters and manufacturing space is dynamic, clean and safe for all.

As a family company, we also take care of our people by providing market-leading benefits:

• Earn an annual bonus on your gross income, which has averaged
  15%over the past five years
• Low Cost
  premiums for full coverage healthcare with wellness participation
• 11 paid holidays and generous earned PTO
• Advancement opportunities
  to grow through our career ladders program
• Tuition assistance to pursue a degree or certification
• Fitness reimbursement for gym memberships, classes, or training sessions
• Performance reviews three times a year with
  yearly merit increases
• Annual free lunch with the company president to celebrate your work anniversary

The Treasury Manager owns Alto-Shaam's day-to-day treasury operations — cash positioning, bank reconciliations, wire and ACH processing, and accounts receivable cash application — under the direction of the Corporate Controller. This role executes the transactional and control backbone of the treasury function, working closely with the CFO and Controller on banking, debt, and foreign exchange matters, while ensuring accurate, timely, and well-controlled cash operations across all entities.

The ideal candidate for a Treasury Manager would be able to do the following:

Daily Cash Operations & Positioning

• Prepare the daily cash position report across all bank accounts and legal entities; monitor balances, sweep activity, and funding needs
• Process daily cash receipts and disbursements; initiate and execute wire transfers and ACH payments under dual-control authorization procedures
• Maintain the short-term cash forecast and flag variances or funding gaps to the Corporate Controller
• Administer online banking platforms, including user access provisioning and segregation-of-duties controls

Month-End Close Support

• Partner with Accounting on month-end close activities, including interest accrual calculations, debt schedule updates, and treasury-related journal entries
• Maintain supporting schedules for outstanding checks, in-transit deposits, and bank fee analysis
• Complete monthly, quarterly and annual customer rebate and commission calculations

Accounts Receivable Cash Application

• Oversee daily cash application, ensuring customer payments and remittances are posted accurately and timely to the appropriate accounts
• Investigate and resolve unapplied cash, short pays, and payment discrepancies in coordination with the Credit & Collections team
• Monitor lockbox, ACH, and credit card receipt activity; reconcile merchant services and payment processor statements

Accounts Payable Oversight

• Oversee AP payment run timing and disbursement methods (ACH, wire, check) to align with cash position and banking relationships
• Ensure payment controls, approval authority, and segregation of duties meet policy and audit requirements
• Monitor AP aging, DPO, and disbursement forecasts as inputs to short-term cash forecasting
• Escalate and resolve banking or payment-processing issues affecting vendor disbursements
• Maximize credit card payment processing earning rebates and improving working capital

Debt & Investment Administration Support

• Track draws, paydowns, and…