Treasury Manager

OVERVIEW

Perfetti Van Melle (makers of Mentos, Airheads, Dentyne, Trident and Bubblicious!) is one of the world's largest manufacturers and distributors of confectionery and chewing gum with global brands that are being enjoyed in more than 150 countries worldwide. We’re currently seeking a passionate and enthusiastic Treasury Analyst to join our growing team.

The Accounting & Treasury Manager is responsible for managing cash flow, liquidity, and payment processing across North America, including the USA, Canada, Mexico, Brazil and LATAM.  This role combines day-to-day cash management, month-end closing entries, and reconciliation of bank accounts, with a focus on risk management, foreign exchange exposure, and intercompany financial operations. The position works closely with managing internal teams locally and internationally and will work with Group Treasury, ensuring efficient cash flow, regulatory compliance, and optimizing financial processes.

WHAT YOU WILL DO

Cash & Liquidity Management (50% of time):

• Develop and maintain local liquidity management strategies, ensuring sufficient cash for day-to-day operations and optimal cash forecasting.
• Monitors payables and receivables to ensure cash settlements are executed efficiently, aligning with SAP payment factory and other payment mechanisms.
• Manage international cash pooling, zero- and target balancing, and monitor net cash positions.
• Collaborate with Group Treasury on local financing options, including cash pools and intercompany loans, and support dividend planning and local cash investment opportunities.
• Evaluate and optimize working capital processes related to Treasury, Accounts Receivable, and Accounts Payable to enhance cash flow efficiency and operational effectiveness.

Payment Processing & Reconciliation (25% of time):

• Oversee and process payments across USA, Canada, and Mexico, ensuring timely and accurate execution of ACH, checks, and wire payments in various currencies.
• Maintain and update cash management spreadsheets, ensuring reconciliation of accounts for all bank accounts.
• Ensure bank statements are posted daily, with accurate and up-to-date information for A/P and A/R teams.
• Review and resolve discrepancies in financial accounts, ensuring correct entries are made during the month-end closing process.

Risk Management (10% of time):

• Control payment risks, including fraud prevention, cyber risk management, operational errors, and supplier default risks.
• Manage foreign exchange risks in collaboration with Group Treasury, ensuring hedging strategies are in place and monitoring currency exposure.
• Ensure adherence to Know-Your-Customer (KYC) policies, mitigating risks associated with regulatory compliance and maintaining accurate bank records.

Reporting & Forecasting (10% of time):

• Prepare periodic cash and liquidity reports for local purposes, ensuring timely and accurate updates.
• Provide monthly cash flow forecasts using the direct method, collaborating with Group Treasury for alignment with business needs.
• Provide monthly cash flow commentary and key performance indicator (KPI) analysis to the Executive Team, delivering insights on variances, trends, and liquidity performance.
   

WHAT WE NEED FROM YOU

• Bachelor’s degree in Finance, Accounting, or a related field from a recognized university.
• Master’s degree or additional certifications (e.g., CPA) is a plus but not required.
• 10 years of experience in treasury and accounting, with a focus on cash management, liquidity, and payment processing.
• Hands-on experience with foreign exchange (FX) and hedging, including execution of hedging strategies, financial modeling, and regulatory reporting.
• Exposure to both A/P and A/R processes is highly beneficial.
• Experience working in multinational environments, especially across domestic and international activities.
• Strong knowledge of cash management, liquidity strategies, and international payment mechanisms.
• Familiarity with SAP and other financial software systems for payment processing and reporting and working with foreign currencies.
• Proficiency in Microsoft Excel for financial reporting and analysis.
• Strong analytical skills for cash flow forecasting and financial reconciliation.
• Excellent communication skills and the ability to work effectively with both internal teams and external vendors.

WHAT WE OFFER

At Perfetti Van Melle, we are committed to fostering a welcoming workplace, where all individuals, regardless of background or identity, are valued, respected, and empowered to contribute their unique perspectives to the sweet success of our candy-loving community. Additionally, we have a core value of Care For Our People and we are proud to offer benefit programs that support our team members' goals and well-being including:

• PTO package including vacation, sick, personal, and pay it forward time off  
• 13 paid holidays  
• 401k with Company Match up to 8%, ranking in the top 1% of the country
• Annual Bonus potential and merit-based increases  
• Comprehensive Health Insurance   
• Annual well-being subsidy
• 20 weeks Maternity & 12 weeks Paternity leave options 
• Sam's Club or Costco annual membership reimbursement  
• Tuition-Free College Program or Free Continued Education (BA, Masters, etc.)
• Modest monthly candy allotment (Airheads, Airheads Xtremes, and Mentos)

Perfetti Van Melle, USA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other applicable statutorily protected group status under local, state, or federal law.