Headquartered in Fort Mill, South Carolina, MacLean Power Systems (MPS) is a leading manufacturer of mission-critical and engineered components for the electric utility, telecommunications, and civil markets. Established in 1986 as a subsidiary of a larger parent company, MPS has grown substantially and now operates as a standalone company. A dedicated workforce of over 2,000 team members worldwide, MPS is renowned for its commitment to quality, responsiveness, and safety. Our focus on vertical integration ensures the highest standards across our product lines. We operate seventeen production facilities across North America and continually invest in our manufacturing capabilities to better serve our customers.
At MPS, we strive to create a workplace that embodies respect, openness, collaboration, personal growth, and entrepreneurship. We are committed to achieving excellence in Environmental, Health & Safety through our Mission Zero initiative.
We are a leading manufacturer seeking a talented Treasurer. The Treasurer is responsible for managing the company’s liquidity, banking relationships, debt obligations, financial risk management, and enterprise credit and collections. This role ensures the company maintains sufficient liquidity to support operations and growth while minimizing financial risk and maintaining full compliance with lender agreements.
The Treasurer partners closely with the CFO, operating entity finance leaders, banks, lenders, and insurance providers to support the company’s financial stability and capital structure.
This role is responsible for establishing and enforcing treasury policies, optimizing working capital, and implementing treasury systems and controls that support a multi-entity operating structure.
What You’ll Do
Liquidity Management & Cash Forecasting
- Oversee enterprise liquidity across all operating entities, including daily cash positioning, bank balances, and intercompany cash movement.
- Maintain short- and long-term cash forecasts, including a rolling 13-week liquidity forecast.
- Optimize working capital drivers that impact cash flow.
Banking & Lender Relationships
- Serve as the primary relationship manager for the company’s banking and lending partners.
- Negotiate banking services, credit facilities, and related fees.
- Evaluate and maintain an efficient banking structure across all entities.
Debt Management & Covenant Compliance
- Manage corporate debt facilities and borrowing arrangements.
- Ensure compliance with financial covenants and lender reporting requirements.
- Prepare covenant calculations, borrowing base reports, and compliance certificates.
Treasury Governance & Systems
- Establish and enforce treasury policies, procedures, and internal controls.
- Oversee payment processes, banking authorizations, and fraud prevention controls.
- Lead implementation and administration of treasury management systems.
- Standardize treasury processes and reporting across operating entities.
Financial Risk Management
- Identify and manage financial risks, including interest rate exposure, foreign exchange exposure, and counterparty credit risk.
- Monitor financial markets and recommend risk mitigation strategies where appropriate.
Credit, Collections & Insurance
- Oversee enterprise customer credit policies, credit approvals, and collections processes.
- Monitor customer credit exposure and aging trends to protect cash flow.
- Manage the company’s corporate insurance programs, including property & casualty, workers’ compensation, directors & officers’ liability, employment practices liability, cyber coverage, and related policies.
What You’ll Need to Excel in This Role
Education:
- Bachelor's degree in finance, accounting, or a related field (master’s degree or MBA preferred).
- Certified Treasury Professional (CTP) designation or other relevant certifications.
Experience:
- 10+ years of treasury, finance, or related experience, including demonstrated success in corporate treasury operations
- Proven experience as a Treasurer or in a similar treasury role within a large-scale organization.
Additional Knowledge, Skills, and Abilities:
- Strong knowledge of financial markets, investment instruments, and risk management techniques.
- Solid understanding of accounting principles, financial reporting, and regulatory requirements.
- Proficiency in using treasury management systems and financial software.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills to collaborate with internal and external stakeholders.
- Ability to work effectively in a fast-paced, dynamic environment.
- Exceptional attention to detail and accuracy.
Total Rewards Offering:
We offer a competitive compensation package, including bonus potential tied to company performance, and a dynamic work environment that encourages creativity, innovation, and professional growth. A comprehensive benefits package including Medical, Dental, and Vision, 401k with employer match, employer-paid disability, and more...
This role is onsite in Fort Mill, SC
EOE-Minority/Female/Disability/Veteran
Various agencies of the United States Government require employers to maintain information on applicants pertaining to factors such as race, sex, and type of position for which an individual applies. The information requested is voluntary and for compliance with certain record keeping requirements. MacLean Power, LLC has a long-standing commitment to equal employment opportunity for all its associates and applicants for employment. MacLean Power, LLC believes all persons are entitled to equal employment opportunities and does not discriminate against its employees or applicants for employment because of race, color, gender, affectional or sexual orientation, domestic partnership status, ancestry, religion, national origin, citizenship status, marital status, disability, veteran status, age or any other protected group status.
All job offers are conditional, upon successful completion of pre-employment screening, including criminal checks, drug testing, employment, and education verification.
