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Assistant Treasurer

Kroger Company

Assistant Treasurer

Cincinnati, OH
Full Time
Paid
  • Responsibilities

    Assistant Treasurer Company Name: Kroger General Office Position Type: Employee FLSA Status: Exempt Position Summary: Manage the daily cash management functions of The Kroger Co. and its entities, including completion and accuracy of cash forecasting, maintaining vendor and bank relationships, and functioning as a liaison between operating divisions and partner financial institutions. Assist the Treasurer with capital markets transactions and management of the credit facility and any other bank lending arrangements. Demonstrate the companys core values of respect, honesty, integrity, diversity, inclusion and safety. Essential Job Functions: * Supervise and coach direct reports in the performance of their duties; complete performance reviews and provide feedback to direct reports * Prepare rolling period cash forecast, at least 5 periods in advance, or as directed by the Treasurer, utilizing current business trends and business changes; update results daily * Evaluate sources of data and related business processes for ways to improve the accuracy of the cash forecast * Coordinate, prepare, execute and implement bids for Treasury services (e.g., store deposits, lockboxes, vendor payments, payroll, share repurchase brokers, etc.), and communicate results and business impact * Support projects independently in other departments, such as Enterprise Payments * Provide support and consultation to all divisions for cash management services; partner with divisions to conform banking practices to enterprise treasury standards to reduce risk and capture cost-saving opportunities * Assist the Treasurer with the companys annual bank meeting * Assist the Treasurer with credit facility syndication and capital markets transactions * Develop and foster vendor and bank relationships * Submit quarterly compliance filings for the credit facility and commercial paper program

    • Manage interest rate swaps, ensure payments/receipts are complete, accurate and on time and coordinate bidding of swap instruments * Compute mark-to-market valuation each quarter, and develop recommendations for interest rate swap strategies * Update period and quarterly reports for the companys debt balance and interest expense; create accounting journal entries to track activity related to Senior Notes * Manage the companys rotation of share repurchase brokers, complete required documentation and lead all aspects of the transition from broker to broker; prepare 10b-18 buyback grid and communicate other buyback instructions, as directed by the CFO or Treasurer * Provide backup as necessary for all job functions of the Cash Management Coordinator and Back Office Cash Support * Travel to meet with stakeholders * Must be able to perform the essential functions of this position with or without reasonable accommodation Minimum Position Qualifications: * Bachelors degree in accounting or finance * Demonstrated experience in a treasury, finance or accounting-related field * Ability to supervise and coach direct reports * Excellent time management and analytical skills * Strong oral and written communication skills * Proficient in Microsoft Office Desired Previous Job Experience/Education: * 2+ years experience of corporate treasury or related accounting * 2+ years experience of banking with a financial institution * 1+ years experience with financial analysis * Knowledge of Kroger divisional structure * Knowledge of banking functions and terminology * Certified Treasury Professional (CTP), Certified Public Accountant (CPA), or Master of Business Administration (MBA) degree Education Level: Bachelor's Required Required Travel: Up to 25% Required Certifications/Licenses: None Position Type: Full-Time Regions: General Office- Cincinnati States: Indiana; Kentucky; Ohio Keywords: Jobs at Kroger: At Kroger, we hire people who have a passion for helping others and who want to build a relationship with our Customers. No matter what stage of your career, you can build your future at Kroger. We look for people who want more, aspire to be more and work hard to achieve their goals. Our focus on keeping the Customer first is what makes us successful. As the largest traditional grocery chain in the U.S. and one of the world's largest retailers, we employee more nearly half a million Associates across 35 states. We offer many opportunities not only in our stores, but in Manufacturing, Logistics, Marketing, Finance, Human Resources, and many other fields. Company Overview Kroger Family of Companies employs nearly half a million associates who serve customers in 2,782 retail food stores under a variety of local banner names in 35 states. Our Family of Companies also operates 2,268 pharmacies, 274 fine jewelry stores, 1,489 supermarket fuel centers and 38 food production plants in the United States. Kroger is dedicated to our Purpose: to Feed the Human Spirit by serving America through food inspiration and uplift and creating #ZeroHungerZeroWaste communities by 2025. Careers with The Kroger Co. and our family of companies offer competitive wages, flexible schedules, benefits and room for advancement. Posting Notes: OH || Cincinnati || 1014 Vine Street || 45202 || Kroger General Office || [[mfield2]] || Finance || Employee || Exempt || Full-Time || None Nearest Major Market: Cincinnati Job Segment: Payroll, Financial, Bank, Banking, Accounting, Finance
  • Industry
    Retail