Treasurer

Treasurer

Department: Finance & Accounting
Reports To: Chief Financial Officer (CFO)
Location: Manufacturing Facility
Employment Type: Full-Time, Exempt

The Treasurer is responsible for managing the company’s financial resources, liquidity, banking relationships, cash flow, and financial risk. This position plays a key role in ensuring the organization maintains adequate cash to support manufacturing operations while maximizing the use of company funds and maintaining strong financial controls.

The Treasurer will work closely with the CFO, accounting team, executive leadership, banking partners, insurance providers, and other financial institutions. The ideal candidate is highly analytical, organized, detail-oriented, and comfortable working in a fast-paced manufacturing environment where financial decisions directly support operational needs and business growth.

Cash & Treasury Management

• Manage daily cash position and short-term liquidity requirements.
• Monitor cash receipts, disbursements, and overall cash flow.
• Prepare and maintain short- and long-term cash flow forecasts.
• Ensure adequate liquidity is available to support payroll, vendors, capital expenditures, and other operating requirements.
• Recommend strategies for optimizing excess cash and minimizing borrowing costs.
• Monitor company bank accounts and coordinate transfers between accounts as needed.
• Review and approve banking transactions in accordance with company authorization policies.
• Maintain appropriate segregation of duties and internal controls over cash.

Banking & Financial Institution Relationships

• Manage day-to-day relationships with banks and other financial institutions.
• Coordinate banking services, account openings/closures, authorized signers, and treasury management services.
• Assist with negotiations involving banking fees, interest rates, credit facilities, and other financial services.
• Monitor compliance with loan and credit agreements.
• Maintain documentation related to company debt, credit facilities, guarantees, and other financing arrangements.
• Serve as a key point of contact with lenders and financial institutions.

Accounts Receivable & Accounts Payable Oversight

• Monitor accounts receivable collections and working capital trends.
• Review customer payment patterns and identify potential collection risks.
• Monitor accounts payable activity and vendor payment requirements.
• Work with Accounting and Operations to optimize payment timing while maintaining strong vendor relationships.
• Assist with establishing appropriate customer credit limits and payment terms.
• Monitor days sales outstanding (DSO), days payable outstanding (DPO), and other working capital metrics.

Financial Planning & Analysis

• Assist the CFO with financial forecasting, budgeting, and cash flow planning.
• Analyze financial trends and identify opportunities to improve cash flow and profitability.
• Provide management with regular reporting regarding cash, working capital, debt, and liquidity.
• Support financial analysis related to capital expenditures and major business investments.
• Assist with financial modeling for acquisitions, expansion projects, equipment purchases, and other strategic initiatives.

Debt & Capital Management

• Monitor the company s debt portfolio and scheduled payments.
• Maintain accurate records of loans, lines of credit, leases, and other financing arrangements.
• Assist with refinancing activities and financing negotiations.
• Evaluate financing alternatives for equipment purchases and capital projects.
• Monitor compliance with financial covenants and reporting requirements.

Risk Management & Insurance

• Assist with management of the company s commercial insurance programs, including property, casualty, workers  compensation, liability, and other applicable coverages.
• Coordinate with insurance brokers and carriers regarding renewals, claims, certificates, and coverage requirements.
• Assist with identifying and mitigating financial and operational risks.
• Monitor exposure to interest rate, credit, liquidity, and other financial risks.
• Support the CFO and executive team in developing appropriate risk management strategies.

Internal Controls &…