Treasury Manager

The Opportunity Minnesota Cannabis Services manages financial operations for a portfolio of affiliated companies spanning retail, manufacturing, transportation, real estate, and professional services across multiple U.S. states. The entity structure is complex — a large portfolio of operating companies, holding entities, and intercompany relationships that require disciplined cash management, precise fund transfers, and rigorous liquidity planning. We need a dedicated Treasury Manager who owns the cash function completely: daily positioning across the full entity portfolio, payment prioritization, intercompany fund management, debt service coordination, and cash forecasting. You’re not maintaining a treasury function — you’re building one from scratch. This is a high-visibility role with direct executive access. You’ll work closely with the CEO to ensure the company always knows its cash position, always meets its obligations, and never gets surprised by a shortfall. If you thrive on precision, complexity, and the pressure of managing real liquidity in a high-growth environment — this role was built for you. What You’ll Own Daily Cash Positioning & Liquidity Management You own the company’s cash position. Every morning, you know the balance in every bank account across every entity. You know what’s coming in, what’s going out, and where the pressure points are. You produce a daily cash position report for executive leadership and flag any entity approaching a minimum balance threshold. An offshore Treasury/Cash Analyst supports the data gathering — you review the output, make the judgment calls, and ensure the picture is always accurate. Payment Prioritization & Execution Oversight When cash is tight — and in a scaling business, it will be — you decide what gets paid this week and what gets pushed. You manage the payment queue, balance vendor relationships against liquidity constraints, and ensure payroll and debt service are never at risk. You prepare payment batches for approval by senior leadership and coordinate intercompany transfers when entities need cash moved between them. Intercompany Fund Management With a large portfolio of related entities, intercompany transactions are a daily reality. You manage fund transfers between entities, ensure intercompany balances reconcile, and maintain documentation that supports the company’s transfer pricing policies. You work to ensure intercompany activity is recorded accurately in the general ledger and properly eliminated in consolidation. Cash Forecasting & Debt Service You own the 13-week rolling cash forecast. You integrate actual AP/AR data, upcoming payroll, construction draws, debt service obligations, and store opening costs into a model that gives leadership a clear forward view of liquidity. You monitor covenant compliance metrics and flag any trajectory that could trigger a breach before it happens. Bank Account Management & Banking Relationships You manage all bank accounts across the entity portfolio — signers, access levels, security protocols, and account maintenance. You coordinate with banking partners on account openings, closures, and service issues. As the company’s primary operational contact with its financial institutions, you ensure the banking infrastructure supports the business as it scales. Treasury Controls & Documentation You build the treasury SOPs, controls, and documentation that don’t exist today. Approval workflows for payments, authorization matrices for fund transfers, reconciliation procedures for intercompany balances, and cash handling policies for retail operations. You design the system so that treasury runs on process, not on memory. What We’re Looking For Required: 5+ years of experience in treasury management, cash operations, or corporate finance with hands-on cash positioning responsibility Direct experience managing daily liquidity across multiple entities or business units Experience with intercompany fund management, transfer pricing documentation, and multi-entity reconciliation Proven ability to build and maintain rolling cash forecasts (13-week or equivalent) integrated with real AP/AR and operational data Strong GAAP knowledge as it relates to treasury activities, debt accounting, and intercompany transactions Proficiency with QuickBooks Online or comparable accounting/treasury platforms Bachelor’s degree in Accounting, Finance, or related field Strongly Preferred: Certified Treasury Professional (CTP) designation CPA license or CPA-eligible Experience in highly regulated industries Experience managing or coordinating with offshore team members Experience with debt covenant monitoring and lender reporting Advanced Excel proficiency including financial modeling and cash flow analysis Who Thrives in This Role You think in terms of liquidity, timing, and risk — not just debits and credits. You’re comfortable making payment prioritization calls under pressure. You’re not looking for a role where treasury runs itself and you maintain a polished process. You want to build the process — design the cash reporting framework, establish the payment controls, create the forecasting model, and train an offshore analyst to support you. You’re comfortable being the first person to own this function and the one who defines what “good” looks like. Growth Path The Treasury Manager who demonstrates the ability to build and run a disciplined cash operation will be a key partner to leadership and a candidate for expanded scope — including involvement in capital structure decisions, refinancing, and strategic financial planning. We invest in people who deliver results. Compensation & Benefits Base salary: $125,000 – $150,000, commensurate with experience Comprehensive health, dental, and vision insurance 401(k) Paid vacation, sick leave (ESST), and holidays Employee assistance program (EAP) Direct executive access and meaningful impact on company trajectory About Minnesota Cannabis Services Minnesota Cannabis