Treasury Manager (Remote) (Holbrook, NY, US, 11741)

At Nestlé Health Science, we believe that nutrition, science, and wellness must merge, not collide. Here, we embrace the intrinsic connections of these three pillars, harnessing their collective strength to empower healthier lives. Our broad product portfolio includes renowned brands like Garden of Life®, Nature's Bounty®, Vital Proteins®, Orgain®, Nuun®, BOOST®, Carnation Breakfast Essentials®, Peptamen®, Compleat Organic Blends®, and more. We also have extensive pharmaceutical expertise, offering innovative medicines that aim to prevent, manage, and treat gastrointestinal and metabolic-related diseases. At Nestlé Health Science, we bring our best for better lives. Our people are challenged to bring fresh, diverse views and make bold moves to empower healthier lives through nutrition. We know brilliant ideas can come from anyone, anywhere. Here we embrace the entrepreneurial spirit and collaborate with teams that champion focused and forward thinking. We are committed to fostering professional growth and celebrating the achievements of our people along the way. We offer dynamic career paths, robust development, opportunities to learn from talented colleagues around the globe, and benefits that support physical, financial, and emotional wellbeing. Join us to innovate for impact and reimagine the future of health and nutrition for patients and consumers. Position Summary : Lead the creation and evolution of the treasury function for a newly established, standalone global business with approximately $1.3 billion in annual revenue and operations in the United States, Canada, and China. This role offers a unique opportunity to build the treasury strategy, governance, systems, policies, and operating model from the ground up while supporting separation, stabilization, and future growth. As a key strategic partner to executive leadership and the Board, you will provide leadership across liquidity, funding, capital structure, cash deployment, financial risk management, and global banking and payment operations. Key Responsibilities : Treasury Build-Out & Standalone Readiness

• Design and implement the standalone treasury strategy, operating model, governance framework, policies, and capabilities for a $1.3 billion global business.
• Lead treasury separation and Day 1 readiness, including banking infrastructure, signatory governance, payment authorities, cash visibility, and transition from parent-company services.
• Establish scalable treasury processes, controls, systems, data, and reporting to support operations across the United States, Canada, and China.
• Develop and execute the roadmap for transitioning from temporary service arrangements to a fully standalone treasury operating model.

Liquidity, Capital Structure & Funding

• Develop short- and long-term liquidity plans, cash forecasts, and contingency funding strategies aligned with business needs and growth objectives.
• Develop and execute an efficient capital structure and funding strategy, including debt facilities, transitional or intercompany funding, investments, dividends, and repatriation.
• Maintain reliable access to liquidity and manage key relationships with banks, lenders, and financing partners.

Cash, Banking & Working Capital

• Establish and oversee the global banking architecture, cash concentration, payment and collection structures, and account governance.
• Lead cash positioning and working capital management in partnership with Finance, Commercial, and Operations teams.
• Ensure banking and payment processes are secure, resilient, cost-effective, and supported by effective fraud-prevention controls.

Financial Risk Management

• Establish and oversee policies, limits, and hedging strategies for foreign exchange, interest rate, liquidity, credit, and counterparty risk.
• Monitor financial exposures across currencies and markets and provide clear, timely risk reporting to executive leadership and the Board.
• Maintain appropriate contingency funding, business continuity, and financial resilience plans.

Governance, Systems & Controls

• Implement effective treasury controls, delegated authorities, compliance monitoring, accounting interfaces, and management reporting.
• Lead treasury technology, bank connectivity, automation, and process standardization.
• Partner cross-functionally with Accounting, Tax, Legal, IT, Procurement, Internal Audit, and external advisors on separation activities and strategic initiatives.

Leadership

• Build and lead a high-performing, scalable treasury organization, defining internal and outsourced responsibilities and developing team capabilities.
• Establish clear priorities, accountability, and ways of working to support the organization's evolving business needs and long-term growth.
• Champion a culture of continuous improvement, innovation, agility, and adaptability, guiding through business transformation, process simplification, and digital innovation while influencing stakeholders to embrace new technologies, streamlined processes, and evolving business priorities

Experience & Education Requirements :

• Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field required.
• MBA, CTP, CFA, or comparable advanced degree or professional certification preferred.
• 8+ years of progressive treasury and finance experience, including leadership within a complex or multinational organization.
• Demonstrated experience building, separating, or transforming a treasury function, ideally within a standalone, carve-out, spin-off, or rapidly evolving organization.
• Strong experience across liquidity planning, cash forecasting, funding, banking, payments, working capital, and financial risk management.
• Experience supporting multiple countries and jurisdictions; experience with the United States, Canada, and China is strongly preferred.
• Proven experience negotiating credit facilities and banking services and managing relationships with banks, lenders, advisors, and service providers.
• Strong knowledge of corporate finance, treasury accounting, tax, and internal controls, with working knowledge of treasury management systems, ERP platforms, and bank connectivity.
• Proven ability to develop and implement treasury policies, controls, systems, and reporting frameworks within an evolving business environment.
• Strong strategic judgment, executive-level communication, Board presentation, negotiation, stakeholder management, and cross-cultural leadership skills, combined with a hands-on and adaptable approach.
• Proven ability to lead effectively in a transformational environment, demonstrating agility, adaptability, and strategic leadership while driving change, influencing stakeholders, and delivering results amid evolving business priorities.

Salary: $140,000.00 to $154,000.00 per year Bonus Eligibility: Yes The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range. Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at It is our business imperative to remain a very inclusive workplace. To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home. The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at View email address on joinrs.com or please dial 711 and provide this number to the operator: View phone number on joinrs.com. This position is not eligible for Visa Sponsorship. Review our applicant privacy notice before applying at Job Requisition: 425629