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Treasury Manager

Sonoco Products Company
United States, Illinois, Arlington Heights
Oct 01, 2025

Earlier in 2025, Sonoco announced it was performing a strategic review of the ThermoSafe business unit. In order to support a newly formed global packaging company with annual revenues exceeding $280 million, we are seeking a Treasurer to lead the establishment and operation of the treasury function that supports ThermoSafe's financial strategies and risk management.

The Treasurer will report directly to the ThermoSafe Head of Finance and will play a critical leadership role in managing the company's global financial health.

What you'll be doing:

  • Developing and executing strategies for managing the company's capital structure, ensuring cost-efficient access to debt and equity markets.
  • Managing relationships with banks, rating agencies, and financial institutions to secure favorable financing terms.
  • Overseeing day-to-day treasury operations, including cash management, banking relationships, and treasury systems.
  • Ensuring sufficient liquidity for operational and strategic needs through effective cash flow forecasting and management.
  • Managing financial risks, including interest rate, foreign exchange, and credit risk, through appropriate hedging strategies and policies.
  • Overseeing compliance with internal controls, external regulations, and company policies related to treasury activities.

This position is a hybrid / onsite position that will be located out of Arlington Heights, IL

We'd love to hear from you if:

  • Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or CTP designation strongly preferred.
  • 5+ years of progressive experience in corporate treasury with a multi-national company.
  • Deep knowledge of global capital markets, corporate finance, and risk management.
  • Strong leadership and strategic thinking abilities, with excellent communication and stakeholder management skills.
  • Experience working in the manufacturing or packaging industry is a plus.

Compensation:

The annual base salary range for this role is from $122,240 to $137,520, plus an annual target bonus of 7.5% of base salary.

#LI-TW1

We are an equal opportunity employer, and we strictly prohibit and do not tolerate discrimination against employees, applicants or any other covered persons because of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, marital status, gender identity or expression, age, disability, genetic information, veteran status, or any legally protected characteristic.

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