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Treasurer

Calumet Specialty Products Partners L.P.
United States, Indiana, Indianapolis
2780 Waterfront Parkway East Drive (Show on map)
Feb 06, 2025
Treasurer
Indianapolis, IN, USA
Req #1773
Thursday, February 6, 2025

Who are we?
At Calumet we deliver innovative specialty products trusted by companies across the globe. We are the foundation to everyday essential products that help millions of people live and thrive. We are headquartered in Indianapolis and have numerous production locations in the US. We are customer focused and utilize our values of collaboration and entrepreneurship to grow the business. We offer a dynamic, high-performance environment where team members can have real input and impact on our business. If you're ready to roll up your sleeves, treat the business as if it is your own and add value accordingly, come see why we're Calumet Proud!

PURPOSE:
We are seeking a strategic and detail-oriented Treasurer to join our finance team. As the Treasurer you will be responsible for managing the company's financial activities related to cash flow, funding, financial risk management, and banking relationships of both the Calumet, Inc. parent organization and our subsidiary, Montana Renewables. You will oversee the treasury operations and ensure the financial stability of the organization while optimizing liquidity, managing capital, and minimizing financial risk. The ideal candidate will be comfortable with high visibility and interaction with management, challenging assumptions and the status quo, communicating frankly, expressing their opinion, and making recommendations.

KEY OBJECTIVES AND RESPONSIBILITIES:



  • Oversee global cash & liquidity management, including:

    • Develop and manage the company's cash management strategy, including daily cash positioning, cash forecasting, and optimizing cash reserves
    • Oversee the cash management systems and recommend improvements to ensure accuracy and efficiency
    • Monitor liquidity needs and ensure sufficient funds are available to meet the company's obligations
    • Monitor and ensuring compliance with related policies, procedures and operational controls


  • Contribute to capital raises and financings, including:

    • Lead the company's capital structure strategy, ensuring adequate funding for operational and growth needs
    • Manage existing debt facilities, financing agreements, and capital market activities and related compliance requirements
    • Analyze and recommend strategies for financing, including debt issuance, equity offerings, and other capital-raising activities
    • Participate with management and counsel in negotiation process, including reviewing financing documents, and leveraging knowledge of business needs and other Calumet financing agreements to make recommendations
    • Oversee the company's banking and financing relationships, negotiating favorable terms, and ensuring timely execution of financial transactions


  • Ensure compliance with regulatory and reporting requirements:

    • Ensure adherence to internal controls, policies, and procedures related to treasury functions
    • Develop and implement treasury-related processes, systems, and reporting structures
    • Manage and mentor a team of treasury professionals to ensure effective execution of tasks
    • Ensure compliance with all financial regulations, laws, and reporting requirements, including those related to treasury functions
    • Coordinate with the finance team to provide detailed, accurate reports for senior management and regulatory bodies


  • Oversee monthly credit facilities' borrowing base redeterminations and related reporting items
  • Support and facilitate month/quarter end accounting and reporting for Treasury transactions
  • Liaise with External Reporting on footnotes and disclosures for debt sections of financial statements
  • Oversee letters of credit and parent guaranties issued to counterparties
  • Design, implement, and operate treasury operations processes, incorporating best practices and business needs
  • Manage corporate credit rating analysis to form internal viewpoint on implied credit ratings, and prepare presentations and other materials sent to rating agencies
  • Lead special projects and drive continuous process improvement


REQUIRED EDUCATION/EXPERIENCES:



  • Minimum of 10+ years of finance experience, preferably in treasury, with supervisory experience
  • Bachelor's degree in Finance, Accounting, Economics, or a related field. MBA or professional certifications (e.g., CTP, CFA) preferred
  • In-depth knowledge of financial instruments, capital markets, cash management, and risk management strategies
  • Strong understanding of corporate finance and financial modeling
  • Proven ability to manage complex financial operations, work cross-functionally, and provide strategic insights to senior leadership


COMPETENCIES:



  • Exemplary written, verbal, and interpersonal communication skills, for interacting and collaborating with stakeholders internal and external to the organization
  • Solid organizational skills and entrepreneurial spirit
  • Proficiency in use of MS Office (Word, Excel, Outlook)
  • Proficiency in financial software, ERP systems, and treasury management tools
  • Demonstration of Calumet Values - Safety, Environment & Social Responsibility, Teamwork, Ownership, Passion for Customers, and Excellence

Salary and benefits commensurate with experience. We are an equal opportunity employer including disability and veteran. All offers of employment are conditioned upon successfully passing a drug test.


Other details


  • Job Family
    Finance

  • Job Function
    02- Treasury

  • Pay Type
    Salary

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