Treasury Manager - Thermoformed & Flexible Packaging: Lead Global Financial Strategies for a Billion-Dollar Packaging Company

Join a Global Leader in Packaging Solutions

Sonoco, a renowned global provider of packaging solutions, is undergoing a significant transformation with the strategic review of its Thermoforming Flexible Packaging (TFP) business unit. As part of this evolution, we're seeking an experienced Treasury Manager to play a pivotal role in shaping the financial strategies and risk management practices of the newly formed global packaging company. With annual revenues exceeding $1 billion, this is an exceptional opportunity to make a lasting impact in the industry.

About the Role

Reporting directly to the TFP Chief Financial Officer (CFO), the Treasury Manager will be responsible for establishing and operating the treasury function that supports the company's financial health and strategic objectives. This is a critical leadership role that demands a deep understanding of global capital markets, corporate finance, and risk management.

Key Responsibilities

• Develop and Execute Treasury Strategies: Design and implement strategies for managing the company's capital structure, ensuring cost-efficient access to debt and equity markets.
• Manage Financial Relationships: Foster and maintain relationships with banks, rating agencies, and financial institutions to secure favorable financing terms.
• Oversee Treasury Operations: Manage day-to-day treasury activities, including cash management, banking relationships, and treasury systems.
• Ensure Liquidity and Manage Cash Flow: Develop effective cash flow forecasting and management practices to ensure sufficient liquidity for operational and strategic needs.
• Mitigate Financial Risks: Identify and manage financial risks, including interest rate, foreign exchange, and credit risk, through appropriate hedging strategies and policies.
• Ensure Compliance: Oversee compliance with internal controls, external regulations, and company policies related to treasury activities.

What We're Looking For

To succeed in this role, you'll need a strong foundation in finance, accounting, or economics, coupled with progressive experience in corporate treasury. Here's what we're looking for:

Essential Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 5+ years of experience in corporate treasury with a multi-national company.
• Deep knowledge of global capital markets, corporate finance, and risk management.
• Strong leadership and strategic thinking abilities, with excellent communication and stakeholder management skills.

Preferred Qualifications

• MBA or CFA designation.
• Experience working in the manufacturing or packaging industry.

Skills and Competencies

To excel as a Treasury Manager at Sonoco, you'll need to possess a unique blend of technical, business, and interpersonal skills. Some of the key competencies required for this role include:

• Financial acumen and analytical skills.
• Strategic thinking and problem-solving abilities.
• Effective communication and stakeholder management skills.
• Leadership and team management capabilities.
• Adaptability and flexibility in a rapidly changing environment.

Career Growth and Learning Benefits

At Sonoco, we're committed to helping our employees grow and develop their skills. As a Treasury Manager, you'll have access to a range of training and development opportunities, including:

• Professional development programs.
• Mentorship and coaching.
• Industry conferences and networking events.

Work Environment and Company Culture

Sonoco is a global company with a rich history and a strong culture of innovation and sustainability. As a Treasury Manager, you'll be working in a remote-friendly environment with flexible work arrangements. Our company culture is built on the principles of:

• Innovation and continuous improvement.
• Sustainability and social responsibility.
• Diversity, equity, and inclusion.
• Employee engagement and well-being.

Compensation and Benefits

We offer a competitive compensation package that includes:

• Annual base salary range: $119,280 to $134,190.
• Annual target bonus: 7.5% of base salary.
• Comprehensive benefits package.

Equal Opportunities Employer

Sonoco is an equal opportunities employer, committed to diversity, equity, and inclusion. We prohibit and do not tolerate discrimination against employees, applicants, or any other covered individuals on the basis of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, gender identity or expression, age, disability, genetic information, veteran status, or any other legally protected characteristic.

Join Our Team

If you're a motivated and experienced treasury professional looking to make a significant impact in the industry, we encourage you to apply for this exciting opportunity. Take the first step towards a rewarding new role and join our team of talented professionals.

Apply now and seize this opportunity to shape the financial future of a global packaging leader!