Senior Manager, Treasury and Financial Reporting

About Zep Inc.

Zep Inc. is a leading manufacturer of cleaning solutions for businesses and consumers with operations across the U.S, Canada, and Europe. Our purpose is to make the planet cleaner, safer, and more productive. To fulfill our purpose, we focus on understanding and solving cleaning needs for consumers, as well as business customers across a variety of segments including transportation, industrial, institutional, and food & beverage. We also have a strong presence in the consumer-packaged goods (CPG) segment, where we develop products to help consumers and businesses maintain a clean and safe environment. Our products can be found online and at retail shelves at outlets like Home Depot, Amazon, Lowe's, Ace Hardware, Grainger, HD Supply, Walmart, and many others. We market our products under well recognized and established brand names, such as Zep, Enforcer, Misty, TimeMist, TimeWick, and Country Vet. Zep was founded in 1937 and is headquartered in Atlanta, GA. In 2021, Zep became the official cleaning partner of Atlanta United FC.

Job Description:

Position Description:

The Senior Manager, Treasury & Financial Reporting is responsible for managing the cash and banking activity of the company and well as mandatory reporting compliance, quarterly and annually. This includes cash positioning, cash flow planning, bank administration, cash & debt accounting, compliance with banking regulations and debt covenants, and supporting shared services functions with banking and technology infrastructure. This position reports to Corporate Controller.

Duties & Responsibilities:

• Oversee the Company's cash position and daily inflows and outflows through administration of the treasury workstation.
• Manage the Company's banking infrastructure ensuring that adequate controls are in place to safeguard assets and minimize risk.
• Maintain and oversee accounts receivable factoring program and ensure account reconciliations are accurately prepared as well as the necessary journal entries to reflect the factoring program
• Maintain relationships with both AR factoring programs as well as all-banking relationships for North America.
• Develop/refine existing global cash forecasting process, and link to FP&A forecasting activities
• Prepare monthly, quarterly, and annual financial statements for compliance with both debt compliance requirements as well as external audit requirements.
• Ensure compliance with banking regulations and debt covenant compliance.
• Liaise with Corporate Financial planning to ensure the Company's cash forecasts are timely and accurate.
• Ensure cash and debt transactions are recorded properly in the general ledger and that all balance sheet accounts are reconciled in a timely manner.
• Maintain the Treasura system.
• Support the shared services functions (Disbursements, Receipts) with banking technology infrastructure.
• Work closing with the FP&A group to create forecast models for interest and cash.
• Drive process improvement and operating efficiency through technology, automation, and continuous improvement initiatives with your knowledge of developments in the treasury and banking environments
• Identify and implement activities that reduces treasury cost and expenses

Qualifications:

• Bachelor's degree (BA, BS) or equivalent required in Finance, Accounting, or related field.
• MBA, CPA or Certified Treasury Professional (CTP) preferred
• 10+ years of experience in treasury operations, financial shared services, or corporate accounting.
• Large ERP system experience, preferably in a manufacturing environment. SAP preferred.
• Strong knowledge of banking administration, treasury workstation, and internal controls.
• Organizational skills with ability to manage multiple priorities.
• Proficiency in Microsoft suite products (Word, PPT). Advanced Excel preferred.

Our Values

At Zep, we have developed a set of values focused on bringing even greater cohesion to our workplace. As part of this plan, we introduced a values framework called S.P.E.E.D. to align with our purpose of making the planet cleaner, safer, and more productive.

• Stewardship: We continuously improve the safety of our people and products, and we protect the planet by innovating solutions to reduce our environmental impact.

• Passion for Problem Solving: We listen to our customers and actively work to find solutions for unique situations. We think creatively to innovate and seize opportunities that will drive growth and make all our customers' and consumers' lives better.

• Empowerment: We encourage and lead our people to be accountable by equipping them to make decisions and own the outcome

• Expertise: We create innovative solutions and partnerships that are relevant to service our communities and customers.

• Doing the Right Thing: We expect our people to understand ethical boundaries and be inclusive of other backgrounds, ideas, and perspectives. Demonstrating honesty, respect and integrity in all actions is always expected.

Zep Inc. is an organization that is committed to diversity within its workforce and encourages all interested candidates, including women, minorities, & former military personnel to apply. It is the policy of Zep Inc. that all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, age, disability or sexual orientation.

As an Equal Opportunity and Affirmative Action Employer, Zep Inc. provides full employment opportunities to all qualified persons without regard to race, creed, color, religion, gender, sexual orientation, national origin, age, disability, marital status, ancestry, or veteran status or any other distinction outlined in all applicable federal, state, and local laws.