Sr. Treasury Analyst

Job Description

Job Description

With over 90 years of experience in the alcohol industry, MGX understands the complex US beverage alcohol business and enables our customers to navigate it more efficiently. We collaborate with retailers and suppliers to design and implement supply chain solutions to optimize a product’s route to market. MGX provides a single point-of-contact across the entire beverage alcohol supply chain, bringing together the services of our affiliated companies Gordon Logistics, Milton’s Distributing, and Hope Beverage.

We recognize that nothing happens without our people and that our team members are our most important asset. We’re a family-owned and operated business committed to building a culture that recognizes, respects, and rewards our employees. We offer competitive wages and comprehensive benefits coverage including medical, dental, 401K, profit sharing, and tuition reimbursement.

Job Summary:

The Sr. Treasury Analyst role is essential to MGX’s financial health and operational success. This position manages our company’s liquidity, banking relationships, and asset-based financing, ensuring we have the working capital needed to support daily operations and future growth. By overseeing cash flow and inventory-based borrowing for our $60M inventory, this role safeguards our ability to meet production, payroll, and investment needs, while strengthening lender relationships and mitigating financial risk. Effective treasury management here is foundational to sustaining both our immediate business functions and our long-term strategic objectives.

Success of this role will be measured by (include job-specific KPIs that are non-financial, i.e. inventory turns, fill rate):

• Consistent reporting on a forward 12 week and 36 week cash flow forecast to key stakeholders in the business inclusive of production of report and analysis concluding key drivers of current state and actions needed for improvement in cash generation
• 100% Compliance with bank reporting related to cash (borrowing base)
• Successful management and execution of any bank inventory audits
• Establishing policies and forecast around working capital availability governing weekly inventory purchases
• Measurement and Definition of Cash Cycle related to top 10 customers at MGX
• Facilitate, educate, manage and measure company’s “Power of One” discipline

Essential Functions:

• Cash & Liquidity Management
  • Ownership and production of all Cash Flow Forecasts (short and long term) and analytics related to Cash Flow
  • Monitor daily cash positions, perform transfers
  • Oversight of intercompany cash transfers to ensure efficient liquidity management across entities.
  • Broaden the scope of cash flow forecasting to cover lines of business, strategic partnerships, and multi-currency environments.
  • Assess overall creditworthiness, determining collateral value, and coordinating with AR Manager credit terms and collections especially where warehousing (inventory) liens may be involved.
  • In coordination with Chief Supply Chain Officer and Accounts Payable Manager, regularly review and optimize inventory vendor payable terms.
  • In coordination with Head of Logistics and AP Manager regularly review and optimize trade payable terms

• Asset-Based Lending (ABL) Credit Facility Management, Oversight and Support
  • Maintenance and production of any forward looking forecasts related to working capital availability
  • Maintain the borrowing base tied to inventory and receivables—prepare weekly and monthly reports.
  • Coordinate ABL-required documentation: aging schedules, inventory counts, auditor field exams, and borrowing base certificates. This includes but is not limited to ownership of coordinating all aspects of a successful annual bank inventory audit
  • Maintain checklist of key exclusions from borrowing base and coordinate across the business to minimize exclusions (for example, aged inventory or aged receivables)
• Inventory & Working Capital Support
  • Own all Analytics related to the Cash Conversion Cycle
  • Own Decision related to total capital available for weekly inventory purchases
  • Partner to Chief Supply Chain Officer to ensure to regularly analyze inventory trends and optimize working capital, including periodic calculation and confirmation of inventory.
  • Ownership of all monthly and annual inventory reconciliations on the subledgers, ledgers and balance sheet, inclusive of inventory in transit and prepaids (futures).
  • Analyze inventory trends and their impact on cash tied up in stock; partner with accounting/AP/AR teams on reconciliations and reporting.
  • Identify excess/obsolete inventory affecting ABL borrowing base and working capital efficiency.

• Foreign Exchange Management
  • FX hedging strategies, which are not currently detailed in the essential functions.
• Management of Bond’s and Letters of Credit
  • Manage and execute bonds needed for customs, excise tax, fidelity
  • Monitor and manage any Letters of Credit that are required for major asset purchases or leasing agreements, inclusive but not limited to Real Estate leases.
• Risk & Compliance Management
  • Monitor compliance with internal controls and ABL covenants, and banking agreements;
  • Identify operational risk gaps in collateral processes and cash dominion protocols.
  • Manage cash functions related to any policy audits and pending loss runs , inclusive of working cross functional with Sr. leadership to optimize closing of open claims and reporting on exposure levels in risk to cash forecast (for example a large pending deductible or audit premium due)
  • Oversight of, benefit, or other corporate funds that may fall under treasury’s purview.
• Reporting & Analysis
  • Prepare weekly/monthly treasury and management reports: liquidity metrics, debt balances, current and project interest expense inventory, receivables, KPIs. Partner with FP&A/accounting to support month-end/year-end closing and audit processses. Owner of all Inventory related closing process and entries.
• Systems & Process Optimization
  • Oversee and optimize systems for cash management, borrowing base data, and compliance.
  • Implement treasury best practices across banking, risk, ABL workflows, and process documentation.
  • Strengthen the essential functions by explicitly detailing the development and maintenance of robust internal controls over cash management, compliance reporting, borrowing base, and asset eligibility.

Skills & Qualifications:

• Bachelor’s degree in Finance, or related field is required.
• 7+years of treasury experience is required; banking or asset-based lending experience preferred.
• Understanding of hedging strategies for foreign exchange and interest rates and prior experience in these arenas.
• Advanced Excel skills required (pivot tables, modeling)
• Familiarity with ERP systems is required; Business Central and Power BI experience is strongly preferred
• Preferred certifications: CTP, CPA, CMA.
• Analytical and problem-solving skills.
• High attention to detail and accuracy.
• Strong communication and collaboration abilities.
• Ability to manage multiple priorities under tight deadlines.