Treasury and Accounting Manager

At Niagara, we're looking for Team Members who want to be part of achieving our mission to provide our customers the highest quality most affordable bottled water.

Consider applying here, if you want to:

• Work in an entrepreneurial and dynamic environment with a chance to make an impact.
• Develop lasting relationships with great people.
• Have the opportunity to build a satisfying career.

We offer competitive compensation and benefits packages for our Team Members.

Essential Functions

• Ensure that our financial policies and procedures are current and meet GAAP requirements and are communicated and made available to all operating departments.
• Provide support and documentation to assist with the audit of our financial statements conducted by external auditors and ensure an efficient process.
• Assist with business valuations, purchase accounting for the many acquisitions and business ventures/transactions made by the Company around the world; including assisting with bank accounts and system start-up/ledger creation and/or system integration post acquisition.
• Monitor and manage Foreign/Multiple Currency Accounts (FCAs/MCAs) including tracking weighted average FX rates and reconciling reporting currency balances to GL.
• Monitor and manage monthly currency exchanges in accordance with Cross Currency Swap (XCS) contracts.
• Manage integrated systems, validate data across multiple sources (daily banking transactions into Oracle and future Oracle Cloud module/functions), and provide recommendations on leveraging technology to automate Treasury business processes and reporting.
• Perform the Treasury team monthly close process as it relates to cash, money market investments, FCAs, and related accounts. Provide audit, internal compliance and due diligence support.
• Perform the Treasury team monthly closing processes as it relates to recording mark to market on foreign currencies and hedges.
• Assist VP of Treasury to monitor and manage existing bank account services (e.g. sweep, interest bearing accounts) and signatories including bank account administration for opening, migrating and closing accounts.
• Assist VP of Treasury in maintaining the appropriate cash flow and related forecasts (e.g. sales of receivables, debt funding and payments, FX sale/purchases, large vendor/expansion related cash needs).
• Assist VP of Treasury in monitoring Revolving Line of Credit, including sending out the various required notices.
• Assist VP of Treasury in monitoring covenant ratios.
• Perform miscellaneous Treasury-related duties as assigned, and back up other functions within Treasury as needed.
• Drive and support operational and system improvements to enhance Treasury processes and implementing best practices.
• Help identify areas of improvement, assist with documentation of policies and procedures where appropriate.
• Please note this job description is not designed to contain a comprehensive list of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without prior notice.

Qualifications

• Minimum Qualifications:
  • 6 Years - Experience in Field or similar manufacturing environment
  • 6 Years - Experience in Position
  • 6 Years - Experience managing people/projects

*experience may include a combination of work experience and education

• Preferred Qualifications:
  • 8 Years- Experience in Field or similar manufacturing environment
  • 8 Years - Experience working in Position
  • 8 Years - Experience managing people/projects

*experience may include a combination of work experience and education

Competencies

This position embodies the values of Niagara's LIFE competency model, focusing on the following key drivers of success:

• Lead Like an Owner
  • Manages a safe working environment, accurately documents safety related training, and effectively communicates safety incidents
  • Provides strategic input and oversight to departmental projects
  • Makes data driven decisions and develops sustainable solutions
  • Skilled in reducing costs and managing timelines while prioritizing long run impact over short term wins
  • Makes decisions by putting overall company success first before department/individual success
  • Leads/facilitates discussions to get positive outcomes for the customer
  • Makes strategic decisions which prioritize the needs of the customer over departmental/individual goals
• InnovACT
  • Continuously evaluates existing programs and processes, and develops new initiatives to increase efficiency and reduce waste
  • Creates, monitors, and responds to departmental performance metrics to drive continuous improvement
  • Communicates a clear vision, organizes resources effectively, and adjusts the strategy as needed when managing change
• Find a Way
  • Demonstrates ability to think analytically and synthesize complex information
  • Effectively delegates technical tasks to subordinates
  • Works effectively with departments, vendors, and customers to achieve organizational success
  • Identifies opportunities for collaboration in strategic ways
• Empowered to be Great
  • Makes hiring decisions primarily based on culture fit and attitude, and secondarily based on technical expertise
  • Engages in long term talent planning
  • Provides opportunities for the development of all direct reports
  • Understands, identifies, and addresses conflict within own team and between teams

Additionally the ideal candidate has the following competencies:

• Understanding of banking, foreign currencies and familiarity with alternative investments
• Understanding of financial accounting concepts
• Proven reporting system, database, and data agility
• Strong work ethic and commitment to completing tasks even under tight deadlines
• Experience with treasury workstation system is a plus
• Must be proficient in Microsoft Office applications
• Must be detail oriented and well organized, having strong oversight over one's fiduciary duties to the Company
• Must be driven, hands on and who wants to learn and grow with the Company
• Knowledgeable with accounting under US GAAP (vs. accounting under Banking)
• Technical understanding and ease with support of the cash management strategy, and move between banking and accounting

Education

• Minimum Required:
  • Bachelor's Degree in a work-related field/discipline from an accredited college or university

• Preferred:
  • Master's Degree in a work-related field/discipline from an accredited college or university

Typical Compensation Range

Benefits

https://careers.niagarawater.com/us/en/benefits

* *Los Angeles County applicants only** Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act, and any other applicable local and state laws.

Any employment agency, person or entity that submits a resume into this career site or to a hiring manager does so with the understanding that the applicant's resume will become the property of Niagara Bottling, LLC. Niagara Bottling, LLC will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Employment agencies that have fee agreements with Niagara Bottling, LLC and have been engaged on a search shall submit resume to the designated Niagara Bottling, LLC recruiter or, upon authorization, submit resume into this career site to be eligible for placement fees.