Treasury Specialist

Treasury Specialist

MGP Ingredients is a leading supplier of premium distilled spirits and food ingredient solutions. Its Distilling Solutions segment provides bourbons, whiskeys, ryes, gins, and vodkas to craft and multinational brands. MGP's own Branded Spirits business is growing following the 2021 acquisition of Luxco, a top spirits producer, bottler, supplier, and importer as well as the 2023 acquisition of Penelope Bourbon, known for its wide range of uniquely blended expressions. Ingredient Solutions delivers nutritional, functional wheat- and pea-based ingredients aligned with consumer trends. The company operates in locations across the Midwestern U.S., and overseas in Northern Ireland and Mexico.

THE OPPORTUNITY :

The Treasury Specialist is responsible for supporting the company's daily cash management activities to ensure accurate and timely processing of cash transactions. This role plays a critical part in monitoring cash positions, processing payments, customer credit review, reconciling accounts, and maintaining accurate records to support the organization's liquidity and financial health.

WHAT YOU WILL BE DOING :

Cash Management

Manage daily cash operating needs for payments. Oversee funding for accounts payable and accounts receivable collection functions, as well as bank transaction activities and controls.

Customer Credit Management

Oversee customer credit application process, review and authorization for establishing payment terms.

Month End Close Journal Entry Processing

Prepare monthly treasury journal entries related to monthly close including corporate card, virtual card and interest entries.

Treasury Functions

Administration of the corporate card system for T&E and employee reimbursements.

Banking Operations

Prepare and update bank account documentation, including, but not limited to, signatory records. Ensure compliance with banking requirements and serve as liaison with banks for transaction inquiries and issue resolution.

Internal Controls

Assist with SOX / internal control documentation.

WHO WE ARE LOOKING FOR :

Bachelor of Science Degree in Accounting or Finance.

CPA or MBA would be beneficial, but not mandatory.

1-3 years of accounting, finance or treasury experience.

Basic understanding of cash management, banking operations, and financial principles.

Excellent problem-solving and analytical skills.

Excellent communication skills both written and verbal.

Strong Excel spreadsheet and modeling skills.

Ability to work in fast-paced, high-energy environment.

Strong attention to detail and accuracy.

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. If you require a reasonable accommodation in the employee selection process, please direct your inquiries to Caitlin Zbikowski, Talent Manager @ c.zbikowski@mgpi.com.

If the above speaks to you, we're excited to learn more about you! At MGP, we know that our people are our greatest strength. With different perspectives and unique ways of thinking, our employees are as varied as our products. We believe that inclusivity strengthens the organization and champions a company culture that is evolving to reflect all of us. Culture results from our behaviors, our personal commitment, our curiosity, how we collaborate, and the ways we courageously share our perspectives and expect others to do the same. Each of us can make a difference by fostering thinking and actions that empower us to connect, belong and grow together.

Compensation is competitive and is commensurate with experience. MGP offers exceptional medical, dental, vision, short and long-term disability, life insurance, 401(k) Match and PTO. All successful candidates for this position will be required to submit to a criminal background check and drug test.