Treasury Manager - Cash Positioning & Banking Leader

Alto-Shaam, Inc.; Menomonee Falls (WI); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Annual bonus

Low-cost health premiums

11 paid holidays

Career advancement opportunities

Tuition assistance

Wellness reimbursement

Performance reviews twice a year

Annual lunch with company president

Job summary

Alto-Shaam, Inc. is seeking a Treasury Manager to own day-to-day cash operations, bank reconciliations, and treasury controls across entities. You will partner with the CFO and Controller on debt, FX, and banking matters to ensure accurate cash management.

The role requires overseeing AR cash application, AP disbursement controls, and treasury systems, with opportunities to improve processes and automation within a family-owned manufacturing environment.

Responsibilities

• Prepare the daily cash position report across all bank accounts and legal entities; monitor balances, sweep activity, and funding needs
• Process daily cash receipts and disbursements; initiate and execute wire transfers and ACH payments under dual-control authorization procedures
• Maintain the short-term cash forecast and flag variances or funding gaps to the Corporate Controller
• Administer online banking platforms, including user access provisioning and segregation-of-duties controls
• Partner with Accounting on month-end close activities, including interest accrual calculations, debt schedule updates, and treasury-related journal entries
• Maintain supporting schedules for outstanding checks, in-transit deposits, and bank fee analysis
• Complete monthly, quarterly and annual customer rebate and commission calculations
• Oversee daily cash application, ensuring customer payments are posted accurately and timely
• Investigate and resolve unapplied cash, short pays, and payment discrepancies in coordination with Credit & Collections
• Monitor lockbox; reconcile merchant services and payment processor statements
• Oversee AP payment run timing and disbursement methods to align with cash position and banking relationships
• Ensure payment controls, approval authority, and segregation of duties meet policy and audit requirements
• Monitor AP aging, DPO, and disbursement forecasts as inputs to short-term cash forecasting
• Escalate and resolve banking or payment-processing issues affecting vendor disbursements
• Maximize credit card payment processing rebates and improve working capital
• Track draws, paydowns, and interest computations on the company's credit facility; assist with short-term investment activity

Job description

Alto-Shaam, Inc. is seeking a Treasury Manager to own day-to-day cash operations, bank reconciliations, and treasury controls across entities. You will partner with the CFO and Controller on debt, FX, and banking matters to ensure accurate cash management.

The role requires overseeing AR cash application, AP disbursement controls, and treasury systems, with opportunities to improve processes and automation within a family-owned manufacturing environment.