Treasury Manager

The Opportunity  

• Treasury Manager at a growth-oriented energy company 

• Work closely with, mentor, and supervise a team of two analysts.

• Located at our corporate headquarters, you will have visibility to our banking partners and across the organization, including the VP of Finance and CFO.
• Take on the opportunity to influence processes and improvements across treasury and credit, ensuring we are following company policies and procedures, and learn and grow in other areas as needed.
• Reporting to the Treasurer, you will oversee treasury operations including cash flow forecasting, cash and debt optimization, and counterparty credit evaluation to ensure the company maintains adequate liquidity and minimizes financial risk while supporting operational and strategic growth. 

Key activities include:  

Treasury Management

• Manage daily cash positioning, liquidity planning, and short-term funding requirements
• Prepare and maintain short-term and long-term cash flow forecasts to support operational and capital planning
• Administer company banking relationships, including negotiating banking services
• Monitor compliance with debt covenants, loan agreements, and other working capital facilities where applicable
• Manage corporate debt obligations, interest payments, and capital structure planning
• Oversee treasury systems, bank account structures, and electronic banking platforms

Credit Risk Management

• Establish and manage credit policies and procedures for suppliers and counterparties
• Supervise the timely completion of credit analysis reviews and determine appropriate credit limits for existing and potential new counterparties
• Monitor credit exposure and implement risk mitigation strategies (collateral, letters of credit, guarantees, etc.)
• Monitor counterparty financial health and industry risk trends
• Maintain Subsidiary Tracker for special intercompany cash movements, including communicating with accounting regarding restricted payment treatment under bank facilities 
• Perform other duties and project work as assigned
• Act as back-up for other roles on the treasury team, as needed

Note: This description is intended to give you a general overview of the position. Additional responsibilities and opportunities may be identified based on current business needs. 

Qualifications 

To meet the basic qualifications for this role, you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship.  

Additional qualifications include

• Bachelor's degree in Finance, Economics, Accounting or related field is required; MBA preferred
• Minimum 4 years’ experience in Treasury, Trade Finance, or Credit Risk required
• Supervisory or management experience is preferred
• Oil & gas industry or commodities-based industries preferred
• Strong proficiency with MS Office Suite program, Excel required (ability to create complex spreadsheets, pivot tables, VLOOKUPs, etc.) 
• Experience with SAP or similar ERP systems required
• Strong verbal and written communication skills required
• Ability to effectively communicate and negotiate with a variety of internal and external stakeholders required
• Strong leadership, decision-making, organization, and prioritization skills required
• Demonstrated ability to take initiative and independently identify and implement process improvements preferred
• Ability to thrive and deliver in an evolving, fast-paced environment required
• Ability to work independently and as a member of a strong team required
• Ability to work in office Monday through Thursday required, remote option on Friday
• Ability to be flexible with schedule during peak needs required

About Us  

At Par Pacific, we own and operate market-leading energy and infrastructure businesses in logistically-complex markets. We have built a team of oil and gas industry veterans and subject matter experts to lead our organization with an entrepreneurial spirit and a collaborative, problem solving approach. We bring our diverse strengths and motivation to complex markets where we seek out diamonds in the rough. As a nimble, growing organization, we actively pursue new opportunities with corporate financing know-how, respond to local market demands, and adapt to changing external environments. 

More Good Reasons to work for Par Pacific 

Unique Culture  

There is nothing ordinary about Par Pacific -- a niche player in the energy space. And there's certainly nothing ordinary about Par Pacific employees. We are driven, hardworking, entrepreneurial-minded professionals who love to win. If that describes you, you'll fit right in.  

Location, Location, Location  

Because Par Pacific operates in some of the most beautiful places throughout the country, our employees get to make these places their home and enrich their lives. The office where you'll work is in the CityCentre in Houston, Texas, located on the west side of Houston near I-10 and the Sam Houston Tollway. It's a vibrant area of the city with plenty of places for lunch or to wind down after work. 

Opportunistic growth strategy  

At Par Pacific, we look for operations with strong fundamentals and great employees who can move a business forward. Our management team has deep experience in the energy industry, as well as in leading mergers, acquisitions, and integrations of newly acquired companies.  

Focused on the future 

We are an energy company that has recognized the imperative and embraced the opportunity to begin the transition from fossil fuels. We are developing products that help reduce greenhouse gas emissions. 

Excellent compensation and benefits 

In addition to a competitive salary, we offer a strong comprehensive benefits package that includes medical, dental and vision insurance, a robust allotment of paid time off, a 401(k) with company match, retirement savings plans, educational reimbursement, and more. Full-time employees (and their families) are offered medical (with prescription coverage), dental, vision, voluntary critical illness, accident, life/AD&D insurance, Flexible Spending Account and Employee Assistance Program.  Employees can purchase company stock at discounted prices through the Employee Stock Purchase Program.   

Our Headquarters  

Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages and maintains interests in energy and infrastructure businesses. We are a growing energy company focused on renewable and conventional fuels in the Western United States. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado.  Our common stock is publicly traded on the NYSE under the trading symbol "PARR".   

Our Refineries and Logistics Operations  

We own and operate refineries in Hawaii, Montana, Washington, and Wyoming, with total operating throughput capacity of over 219 Mbpd. Par Pacific owns and operates one of the largest energy networks in Hawaii with 94,000 bpd of operating refining capacity, a logistics system supplying the major islands of the state and 90 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 124,000 bpd of combined refining capacity and related multimodal logistics systems.  

Our Retail Operations  

We own and operate 90 retail locations in Hawaii under the Hele and 76 brands and 33 retail locations in Washington and Idaho under the nomnom brand.  

Par Pacific is an equal opportunity employer 

Par Pacific prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, genetic information or any other status protected by applicable law.   

Note: Par Pacific will not accept calls or unsolicited resumes from third-party recruiters. All candidates are required to apply through this web posting.