Treasury & Accounts Receivable Manager - California Dairies

Description

California Dairies, Inc. is the leading dairy processing cooperative in California. As a farmer-owned cooperative, we operate several processing facilities located throughout California. CDI employees are highly valued and are provided with competitive benefits packages and career growth plans.

We offer a generous total rewards package that includes: 

• Salary Range  - $84,154 to $123,525
• Family medical/dental/vision
• Generous company contributions to 401k
• Relocation Assistance
• 10 Paid holidays
• Paid vacation
• Tuition reimbursement

Job Summary

The Treasury & Accounts Receivable Manager oversees receivable, cash, cash flow, other working capital assets, investment, debt, risk management, and related financial transactions. The role is responsible for strategically managing working capital, assisting with cash flow forecasts, and ensuring the company has enough money to perform its operations. The Treasury & Accounts Receivable Manager is responsible for managing CDI’s billing and accounts receivable activities to achieve top performance and minimize the Company’s financial risk.

Essential Functions

• Manage account receivable processes and the entire related accounting cycles, from invoicing to collection.
• Develop, implement, and monitor departmental goals, objectives, and processes.
• Mentor and develop team members to support professional growth.
• Ensure billing is completed in an accurate and timely manner across all product lines following rules and regulations associated with the CDFA, FMMO, or other government agencies.
• Fully understand milk pooling rules and regulations related to billing.
• Fully understand export shipment requirements related to billing.
• Review, approve, and/or process credits related to transaction corrections and/or to resolve customer issues.
• Develop, standardize, and automate A/R and other related processes across departments and functions to improve efficiency and cost saving.
• Develop, implement, and maintain systems, procedures, and policies for the A/R and billing functions to ensure adherence to company guidelines.
• Design and implement processes and analytical tools/models/dashboard to help the company better and timely evaluate its working capital position and resulted cash flow, ensure it maintains sufficient operational cash flow, short term, and long term.
• Support the design, implementation, and enhancement of working capital policies to ensure sufficient liquidity for daily operation and long-term growth.
• Support daily cashflow and rolling 12-month cash flow forecast design, implementation, monitoring, and enhancement.
• Support risk management activities and accounting such as insurance and derivatives, and financing activities with bankers and investors.
• Develop relationships with business partners, bankers, and investors.
• Support treasury automation processes and automation of other processes as needed to facilitate efficiency and cost saving.
• Lead and support monthly close processes for areas responsible by treasury team, ensuring timely, accurate, and complete month-end journal entries, reconciliation, and year-round audit readiness.
• Perform other duties as assigned by management.
• Must have the ability to collaborate well with co-workers, management personnel, customers, vendors, and employees in accordance with the company policies and working rules while ensuring a harmonious and conducive work environment.
• Use initiative and judgment in making decisions, keeping with California Dairies Inc.’s best interests.

Supervisory Responsibilities

Demonstrated leadership ability to lead an hourly and salaried support staff.  Direct reports include A/R Specialists, Staff Accountant, and Sr. Credit and Collections Analyst.

Travel to other CDI office locations for in-person meetings with direct report staff.

Ability to schedule and lead meetings via MS Teams to allow entire staff to participate.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be provided to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

• Bachelor's degree Business Administration, Accounting, Finance, or related field.
• 3 or more years of demonstrated leadership experience in team management and talent growth.
• Strong knowledge of GAAP accounting principles, cyber security risks, general ledger account reconciliations, and internal control.
• 3 or more years of experience in treasury operation such as banking, receivable and cash flow management, and liquidity management.

• Strong personal computer and business solutions software skills.
• Strong people skills for interacting with bankers, customers, auditors, members, and executive team members.
• Excellent communication skills for communicating with support personnel and executive team members.
• Strong analytical and problem-solving expertise.
• Good presentation skills for educating internal personnel on accounting principles, practices, and company policies.
• Ability to ensure the confidentiality and security of all financial documents and records.

Language Skills

English is required as the spoken language. A well-modulated tonal volume is required with excellent diction skills needed. This job requires frequent communication with personnel in other CDI locations, CDI customers and regulatory representatives.

Reasoning Ability

Must have the ability to apply common sense understanding to carry out instructions given in written, oral, or diagram form. Must have the ability to discern when issues may require input from levels of authority within the corporation. Ability to use discretion and manage sensitive/confidential information.

Certificates, Licenses, Registrations

None

ADA/FEHA

The Company will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990 and California’s Fair Employment and Housing Act.

EEO

The Company is an equal employment opportunity employer.

Physical Demands

The physical demands described here are representative of those that are required by an employee to successfully perform the essential functions of this job. The company will make reasonable accommodations that do not cause and undue hardship to the company if such accommodation enables individuals with disabilities to perform the essential functions of the position.

Sitting/Standing/Walking:  Sits frequently to answer calls, complete schedules/reports, fill out paperwork, answer emails, etc.

Lifting/Carrying:  May lift boxes weighing 20 pounds on an occasional basis.

Pushing/Pulling:  Some pushing or pulling is required on an occasional basis.

Bending/Stooping:  Bends and stoops on an occasional basis.

Squatting/Kneeling/Crawling:  May squat or kneel on an occasional basis.

Twisting/Turning:  Assumes any combination of these positions on an occasional basis.

Climbing/Balancing:  May go up and down stairs and/or ladder on an occasional basis.

Reaching:  Reaches at or above shoulder level on an occasional basis.

Grasping/Manipulating:  Grasping and manipulating of papers, objects, and equipment will be required. Ability to use calculator and keyboard for data input will be required on an ongoing basis.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Employees will be subject to temperatures associated with an air-cooled room. Proper lifting techniques must be employed at all times.

This job description will be updated if duties and responsibilities change significantly. Job functions are subject to modification based on business necessity.

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Licenses & Certifications