Job Description
Foods you love. Brands you trust. And a career that empowers you to grow.
At Nestlé USA, we’re all working towards the same goal – to delight and deliver for our consumers. With a rich portfolio of beloved brands, including DiGiorno, Toll House, and Coffee mate, in 97% of U.S. households, we have a unique opportunity – and responsibility – to be there for every moment in our consumers’ lives.
Joining Nestlé means becoming part of an inclusive workplace that inspires innovation, encourages strategic thinking and creativity, and celebrates your achievements. No matter where you work within the organization, you are empowered to challenge the status quo, embrace risk-taking, and pioneer new ideas. Our supportive and collaborative environment encourages bold ambitions and continuous learning so that everyone can grow and thrive.
This position is not eligible for Visa Sponsorship. Position Summary: Reporting to the Regional Treasurer, the Treasury Manager position oversees Nestlé’s North American activities and initiatives related to cash management, cash flow forecasting, bank account structure, corporate finance, foreign exchange, capital markets, M&A activities, merchant services, supply chain financing and treasury technology solutions. This position will drive standardization, automation, and process improvements while serving as a strong business partner.
Primary Responsibilities: - Monitor and manage the daily cash position in the US, Canada and Puerto Rico to drive optimal funding and investment decisions. Minimize opportunity losses linked to idle cash.
- Oversee the end-to-end bank account management process (i.e. Know Your Customer, bank account opening/revisions/closing, and bank annual compliance requirements).
- Manage capital markets activities, including debt facility and credit lines, capital structure analyses and interest expense forecasting. Assist with the execution of financing arrangements (i.e. debt and commercial paper), including deal execution, maintenance, as well as covenant compliance and reporting. Support management of Nestlé's banking relationships, vendors and other services.
- Work with cross-functional business partners to develop, refine, and validate short- and long-term cash flow forecasts, ensuring accuracy, transparency, and alignment with strategic financial objectives.
- Collaborate with the Regional Treasurer, Tax, Legal and Treasury Operations teams on M&A activity, and support operational due diligence and post-acquisition treasury integration.
- Manage the intercompany funding portfolio, including short-term and long-term loans, IHB account set-up, dividends and capital contributions. Partner with Tax, Legal, Accounting, and operating companies to formulate and execute internal funding and repatriation solutions.
- Supervise the FX risk management program, including execution of hedges and expansion of program to support business growth.
- Collaborate on the merchant services function, implementations, and work with merchant processing vendors to ensure the program meets business needs.
- Partner across organizations and cross-functional teams to implement strategic and operational improvements to support business growth, working capital improvements, enhance internal controls and efficiencies.
- Ensure all activities are in compliance with accounting guidelines, regulatory requirements, company policies, and internal controls.
- Strive for continuous improvement in Treasury metrics, system automation, and operational activities. Work closely with Treasury Operations to ensure optimal use of current treasury systems and recommend new emerging technologies (i.e. FinTechs) that can increase efficiency, reduce costs and enhance controls.
- Develop and mentor direct reports.
Requirements: - Bachelor's Degree required, in Finance, Accounting, Business or Economics
- 5 years of business experience in treasury, corporate finance, accounting or related area
- Large multi-national corporate experience with international treasury and/or general corporate finance activities
- Exposure to financial instruments such as derivatives, funding and investments
- Knowledge of banking and financial technology products, global treasury procedures and accounting
- Capital markets experience, including debt issuance, commercial paper issuance, lines of credit, short-term investments and bank and rating agency relationship management
- Demonstrated understanding of foreign currency risk, derivative execution and cash flow hedging programs
- Experience with intercompany loan management
- Knowledge of US and international corporate banking services, cash management, and payment processing and networks
- Technical experience with Treasury Management Systems (i.e. Quantum and Wallstreet Systems), FX trading systems (i.e. FXall and 360T), bank portals, payment systems, ERP systems (SAP preferred) and Bloomberg
- Advanced Microsoft Office Suite capabilities
- 3+ years of people management experience
- CTP, CFA or MBA preferred
Skills: - Strong organizational, critical thinking and analytical skills with the ability to multi-task and manage competing deadlines
- Self-motivated and able to deliver results with minimal supervision, while also working effectively as part of a team
- Highly effective interpersonal, written and oral communication skills
- Forward-thinking, proactive and committed to continuous process improvement through maintaining knowledge of developments in the treasury, banking, compliance and risk environments
- Demonstrated ability to manage cross-functional teams, processes and people
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
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Job Requisition: 359585
#Salaried
Job Tags
Temporary work, Work at office,