Manager - Finance, Treasury

About Tropicana Brands Group

Tropicana Brands Group is a $3B startup aiming to revolutionize the beverage category. Formed in 2022 as a joint venture between PAI Partners and PepsiCo, our portfolio includes iconic brands like Tropicana, Naked, KeVita, Izze, Copella, and Punica. With over 76 years of global leadership in the orange juice category, we’re committed to preserving this legacy while driving innovation in other areas. From reimagining orange juice to creating functional smoothies and driving afternoon refreshments, we are striving to become the undisputed global leader in fresh and chilled beverages.

About the opportunity

The Treasury Cash Management will assist the Global Treasurer in overseeing Tropicana’s North America cash management activities as well as build the team, processes, and structure necessary to develop a world class cash management function capable of supporting the growth and operationalization of this dynamic consumer products business. In this role, you will play a critical and impactful role, owning the implementation of our corporate Treasury Management System, support our ERP implementation and will partner closely with accounting, finance, IT, and payment operations to ensure that treasury and banking processes are aligned with our business needs.

Additional responsibilities include:

• Lead all operational aspects of daily operations of the Treasury Department
• Responsible for taking a primary leadership role in managing banking relationships, including account administration creating and managing the company’s overall bank account structure, service model, signatory management, monitoring liquidity needs, minimizing cash balances across the organization
• Oversee development of treasury reporting dashboards and bank reporting to other internal stakeholders, responsible for effective communication to senior leadership on findings, improvements and execution
• Evaluate the company’s borrowing capacity and optimal use of debt to finance, focusing on current and future leverage metrics and rating agency implications
• Oversight of all activities of third-party providers
• Compile information from around the company to create a routine cash forecasting process, understanding the impact of working capital policies, accounting methods, capital projections, and board authorizations
• Interact regularly with legal counsel, FP&A, Commercial Operations, Accounting, Accounts Receivable and Accounts Payable teams to create best in class processes and thought leadership to the Treasury function
• Oversee the development of efficient and effective cash forecasting, global cash consolidation, intercompany funding, debt alternatives, capitalization, and related documentation
• Provide insight necessary to help shorten and/or optimize the cash conversion cycle
• Enhance operational efficiency, while minimizing risk and banking fees; work with banking partners to define cost reduction and efficiency improvement strategies
• Guide the team in identifying opportunities for process improvements and automation
• Manage movement of funds to meet daily operating needs and reduce debt as appropriate
• Provide operations with necessary foreign exchange funding
• Manage and develop the Treasury team including offshore resources
• Responsible for providing strategic guidance and leadership to the Treasury team and working collaboratively with all business units
• Develop, manage, and advance the complex process to prepare company cash flow forecast and other needed analysis, including reviewing detailed variance analysis and explanations
• Oversee debt reporting, debt repayments, covenant compliance, and forecasting of repayment schedule and related interest costs

Requirements:

• 5-7 years of relevant work experience, ideally with both private and public companies
• Bachelor's degree or higher in finance, accounting, or related field preferred
• Knowledge of US corporate banking services, payment instruments and payment/clearing systems
• Knowledge of SAP ERP systems
• Excellent written and verbal communication skills; able to effectively communicate across departments and at all levels
• A keen sense of ownership, and highly adaptable to a fast-changing environment
• Flexible, resourceful, a “can-do” service-oriented demeanor
• Must be legally authorized to work in the United States without the need for employer sponsorship now or in the future
• Must be located in Chicago, IL surrounding area or willing to relocate for the duration of employment

Benefits:

TBG is pleased to offer you a comprehensive benefits package which includes a 401(k) plan, medical, dental, vision, company provided life, STD and LTD insurance. In addition, you may also elect to participate in voluntary life, accident, hospital, and critical illness coverages.  

The salary range for this position is $88,000-$120,000 annually

Salary : $88,000 - $120,000