Treasury Manager

Treasury Manager Non-Union Position Treasury; Portland, Oregon (US-OR) Hybrid schedule available for Oregon & Washington residents. Regular FT, Exempt Posting # 5742 About Us: At NW Natural, we offer more than rewarding career opportunities and a vibrant, inclusive work culture. We invite you to join us in providing safe and reliable utility services and renewable energy to better the lives of the communities we serve. Our vision is to be the leader in service excellence, innovation and environmental stewardship for our customers, while building on our strengths as a trusted energy provider and environmental leader for our industry. In addition to environmental stewardship, we’re also deeply committed to Diversity, Equity and Inclusion at NW Natural. Our DEI Council started 21 years ago, and today we continue to foster a culture where all employees can experience a sense of belonging, shared purpose and possibility. NOTE: This hybrid position is based at our headquarters in downtown Portland, Oregon. Candidates must reside within commuting distance of the office or be willing to relocate to the Portland metropolitan area. Employees are required to work onsite Tuesdays through Thursdays each week, with remote work flexibility on Mondays and Fridays, subject to business needs. This schedule supports collaboration, connection, and team engagement while providing flexibility for focused remote work.

Position Summary:

Leads Treasury cash management operations and provides people and functional leadership for enterprise liquidity, cash forecasting, banking administration, short-term funding and investment activities, and related treasury controls. This role is accountable for establishing priorities, reviewing the quality and accuracy of treasury work, developing team capability, and ensuring timely visibility into cash and liquidity needs across NW Natural and affiliated companies. The manager partners with the Treasurer, Finance, Accounting, FP&A, Operations, Tax, Legal, and external banking partners to safeguard financial assets, improve treasury processes and systems, and support financing and capital planning activities. Essential Duties & Responsibilities:

Lead, coach, and develop treasury employees; establish work priorities, assign responsibilities, provide ongoing feedback, and support performance and career development. Oversee daily cash positioning, liquidity management, short-term borrowing and investment activity, and intercompany funding to ensure adequate liquidity and effective use of cash. Direct the preparation and continuous improvement of short- and long-term cash forecasts, including review of assumptions, drivers, scenarios, variances, and risks across operating companies and business units. Provide timely liquidity reporting and forward-looking insights to the Treasurer and senior Finance leaders to support capital planning and business decisions. Oversee bank account administration, authorized signers, banking services, account structures, fees, controls, and relationship management with financial institutions. Manage treasury activities associated with credit facilities, commercial paper, debt obligations, interest-rate exposure, dividends, equity contributions, and other financing transactions within established authority. Ensure treasury activities comply with internal controls, SOX requirements, accounting standards, debt agreements, company policies, and applicable regulatory requirements. Partner with Accounting on reconciliations, journal entries, month-end and quarter-end close activities, audit support, and resolution of treasury-related issues. Lead treasury system, ERP, bank connectivity, reporting, and automation initiatives that strengthen controls, improve data quality, reduce manual work, and increase cash visibility. Oversee development and maintenance of treasury models, dashboards, procedures, controls documentation, and management reporting. Support debt and equity issuances, covenant compliance, regulatory filings, rate case requests, and other corporate finance initiatives as assigned. Evaluate financial and operational risks, escalate significant issues, and recommend practical solutions consistent with treasury strategy and company risk tolerance. Build effective cross-functional relationships and communicate complex treasury concepts, assumptions, risks, and recommendations clearly to technical and nontechnical stakeholders. Perform other duties and lead special projects as assigned. Department Specific Duties Provide supervisory oversight for the Senior Treasury Analyst and other assigned treasury resources. Coordinate enterprise cash forecasting inputs with FP&A, Accounting, Operations, and subsidiary finance teams. Lead fundable property analysis and mortgage-related reporting support, as applicable. Participate in the selection, implementation, and ongoing optimization of SAP Treasury or other treasury technology solutions. Qualifications:

Required Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field, or an equivalent combination of education and relevant experience. At least seven years of progressively responsible corporate treasury, cash management, liquidity management, banking, or related finance experience. Experience leading employees, projects, or a significant treasury process, including setting priorities, reviewing work, and influencing results across functions. Demonstrated knowledge of cash positioning, cash forecasting, liquidity planning, banking platforms, debt and investment activity, treasury controls, and financial modeling. Experience with ERP and treasury management systems and advanced proficiency with Excel and financial reporting tools. Analytical, judgment, problem-solving, communication, and relationship-management skills. Ability to manage competing priorities, maintain accuracy under deadlines, and handle confidential financial information. Preferred MBA, Certified Treasury Professional (CTP), CPA, or comparable professional credential. Experience in a regulated utility, public company, or complex multi-entity environment. Experience with SAP Treasury, treasury workstations, bank connectivity, automation, dashboards, and system implementations. Experience supporting capital markets transactions, commercial paper programs, credit facilities, debt compliance, rate cases, or regulatory reporting. Direct people-management experience, including performance management and employee development. Physical, Environmental & Scheduling Requirements:

Work is primarily performed in an office or hybrid environment using a computer and standard office equipment. Ability to work extended hours periodically to support daily liquidity deadlines, month-end or quarter-end close, financing transactions, system implementations, audits, or urgent business needs. Occasional travel may be required for banking, project, training, or business meetings. Safety & Compliance Requirements Comply with all company policies, internal controls, information-security requirements, records-retention standards, and applicable financial and regulatory requirements. Maintain confidentiality and exercise sound judgment when handling banking credentials, financial forecasts, financing information, and other sensitive company data. What we offer:

Health & Wellness – Rich health insurance benefits with competitive employer contribution Free access to an online wellness resources platform Work Life Balance - Up to 23 Vacation Days 80 Hours of Sick Time 10 paid holidays and 3 floating holidays 3 weeks paid parental leave Be part of a workplace where your voice matters. Engage with our Diversity, Equity & Inclusion Council, and a variety of Employee Resource Groups that support community and growth. 1500 sq foot exercise facility and secure bike room Financial - Meaningful annual incentive bonus opportunity in addition to base salary Competitive 401K company contribution and match 15% discount on NW Natural stock through Employee Stock Purchase Program Up to $5250 a year in tuition reimbursement Wellness incentive program Discounts - 20% off natural gas service Up to 30% discount at NW Natural Appliance Center TriMet Pass for all HQ employees Generous discounts with Verizon & AT&T Wireless Base salary range: $110,250.00 - $157,100.00 per year, depending on qualifications Annual Target Incentive:

Manager, 15.0% target Targets are calculated using eligible earnings during plan year participation. Payout, if earned, is based on company and individual performance for each plan year and may range from 0% – 200% of target. Targets are subject to change in subsequent plan years. Must be employed by September 30 in order to receive any prorated payout. Application Process: To be considered for this position, submit a complete electronic application including cover letter and resume via our website. Deadline:

10/27/26 Disclosure:

We are a drug free workplace and we comply with Federal Drug Free Workplace Act and Department of Transportation regulations. NW Natural participates in E-Verify. Individuals hired will have their Form I-9 information submitted to E-Verify. E-Verify is an Internet-based system that compares information from an employee’s Form I-9, Employment Eligibility Verification, to data from U.S. Department of Homeland Security and Social Security Administration records to confirm employment eligibility. E-Verify Information NW Natural participates in E-Verify. Individuals hired will have their Form I-9 information submitted to E-Verify. E-Verify is an Internet-based system that compares information from an employee’s Form I-9, Employment Eligibility Verification, to data from U.S. Department of Homeland Security and Social Security Administration records to confirm employment eligibility. All applications must be submitted through NW Natural’s Electronic Application System. Resumes submitted via email, fax or mail will not be accepted in lieu of an electronic application. NW Natural is proud to be an equal opportunity employer. We welcome and embrace our candidates’ diversity and take affirmative action to employ and advance individuals without discrimination on the basis of race, color, sex, gender identity or expression, sexual orientation, religion, age, physical or mental disability, veteran status, pregnancy (including childbirth or related medical conditions), national origin, marital status, genetic information, and all other legally protected characteristics. We forbid discrimination and harassment in the workplace based on any protected status or characteristic. A criminal history is not an automatic bar to employment with NW Natural. Instead, we make individualized assessments regarding qualifications and backgrounds. NW Natural is also committed to providing reasonable accommodations for individuals with disabilities, individuals with sincerely held religious beliefs, and disabled veterans in our job application procedures. If you need assistance or an accommodation as part of the application process, please contact us at View email address on click.appcast.io or View phone number on click.appcast.io. NW Natural does not accept unsolicited submissions or assistance from search firms for posted positions. Resumes submitted by search firms working under a valid and current written contract with NW Natural valid written Statement of Work in place for this position from NW Natural HR/Employment will be deemed the sole property of NW Natural. No fee will be paid in the event the candidate is hired by NW Natural as a result of the referral or through other means.