Treasury Manager

JOB SUMMARY

The Treasury Manager is responsible for managing all day-to-day treasury functions, including cash management, liquidity forecasting, debt compliance, and banking relationships. This role also oversees the company’s insurance programs, including policy placement, renewals, claims management, and risk mitigation strategies. The ideal candidate thrives in a dynamic environment, is highly detail-oriented, and can operationalize treasury processes for a complex, multi-state business. 

CORE JOB DUTIES 

Treasury Management 

• Oversee daily cash positioning and ensure sufficient operating liquidity across all entities. 
• Lead the development and maintenance of weekly, monthly, and long-term cash flow forecasts. 
• Manage enterprise-wide cash movement, including intercompany transfers, funding, and cash optimization strategies. 
• Maintain all banking relationships; oversee account openings/closures and bank fee negotiations. 
• Improve treasury policies, controls, and processes to strengthen financial discipline. 
• Manage compliance with debt agreements, including covenant tracking, reporting, and lender deliverables. 
• Partner closely with FP&A, Accounting, Tax, M&A and Operations to ensure accurate cash reporting and projections. 
• Support and facilitate month/quarter end accounting and reporting for treasury transactions 
• Implement treasury technology or automation initiatives to streamline manual processes. 
• Lead and develop a team of treasury professionals  

Insurance & Risk Management 

• In conjunction with our third-party insurance broker, oversee the company’s full insurance portfolio, including property, liability, D&O, workers’ compensation, auto, and other lines as needed. 
• Manage the annual insurance renewal process, working closely with brokers, underwriters, and internal stakeholders. 
• In conjunction with our third-party insurance broker, help facilitate claims administration, documentation, and communication between internal teams and insurance partners. 
• Ensure Cresco maintains appropriate coverage levels to protect company assets and mitigate operational risks. 
• In conjunction with our third-party insurance broker, conduct risk assessments and present recommendations for new policies or coverage enhancements. 

Reporting & Analysis 

• Prepare management reporting on cash, liquidity, insurance exposures, and risk metrics. 
• Develop dashboards and KPIs to provide visibility into treasury performance and working capital trends. 
• Coordinate audit requests related to treasury or insurance. 

REQUIRED EXPERIENCE, EDUCATION AND SKILLS  

• Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA or CTP preferred. 
• 5+ years of treasury experience, corporate finance experience, or relevant financial role. 
• Experience managing corporate insurance programs strongly preferred. 
• Strong working knowledge of cash forecasting, liquidity management, and debt reporting. 
• Ability to work in a highly regulated, multi-entity environment with complex cash structures. 
• Excellent analytical skills, attention to detail, and ability to synthesize data into actionable insights. 
• Strong communication and relationship-building skills with lenders, banks, brokers, and internal partners. 
• Advanced Excel skills; experience with treasury or ERP systems a plus. 

BENEFITS

Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D.  We also offer eligible employees paid holidays and paid time off.  Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.