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Description

We invite you to Explore the Potential of being part of something Clearly Essential!

Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The company’s salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial, chemical and agricultural applications. Its plant nutrition products help improve the quality and yield of crops while supporting sustainable agriculture. Compass Minerals operates 12 production and packaging facilities with more than 1,800 employees throughout the U.S., Canada and the U.K. Visit compassminerals.com for more information about the company and its products.

Summary

The person in this position is primarily responsible for the day-to-day cash management within the Treasury function for Compass Minerals International.

Essential Job Functions include, but are not limited to the following:

_(Management reserves the right to add or modify the duties and responsibilities at any time.)_

+ Daily banking interface for borrowings, repayments, rate locks and overnight investment decisions

+ Responsible for managing corporate bank accounts and ensuring the protection and custody of funds, securities and other financial instruments

+ Analyze all daily receipts and disbursements activity; responsible for all outbound wires

+ Assist with the management and administration of bank accounts

+ Process accounting schedules and interest payments for all corporate debt instruments, including Sr Notes, AR Securitization, Revolver, Term Loans, and Letters of Credit; including providing support and explanations to auditors

+ Work on daily cash management activities; manage the Credit Facility for daily liquidity management

+ Maintain the AR Securitization Model tracking receivables; prepare and distribute securitization reports

+ Process borrowing and pay down requests for the company’s Accounts Receivable (AR) Securitization program

+ Assists Treasurer in gathering information and analyzing financial records to forecast future cash requirements.

+ Develops, recommends and implements strategies to aggressively manage interest expense

+ Takes active role in developing and implementing cash management policies and procedures

+ Completes all compliance activities required by all debt agreements, including the Credit Agreement, Sr Notes, and AR Securitization Program

+ Assists Treasurer in evaluating the need for procurement of funds and investment of surplus cash

+ Assists in developing strategies on debt refinancing and acquisition financings, including assistance in negotiating agreements

+ Assists with monthly accounting close for treasury related activities

+ Interface with Tax and Accounting departments for cross-border cash and debt transactional analysis and implementation

+ Process accounting schedules and interest payments for all intercompany loans; including providing support and explanations to auditors

+ Manage Intercompany loan designations under US GAAP

+ Execute Foreign Exchange (FX) spot trades for liquidity purposes

+ Management of debt covenants & compliance activities

+ Maintain strong relationships with partner banks

+ Support Treasurer with new debt issuance, tender offer, and swap planning and execution

+ Work closely with the FP&A team to model out leverage, interest, covenants, and debt pay down/issuance timing

+ Work with cross-functional teams including Legal, Tax, AP, AR, FP&A and Accounting

+ Manage letters of credit, evaluate credit exposure, monitor fees, and process renewals

+ Work with Internal Audit to ensure all Treasury controls and compliance requirements are met

+ Support the settlement process for all Natural Gas Derivatives

+ Participate in special assignments and projects as required

+ Perform other related duties as required, including supporting Investor Relations and Insurance functions

Minimum Requirements

+ Bachelor’s degree in accounting, business or related field or equivalent combination of education and work experience.

+ 5 years’ experience in Treasury function in a corporate environment.

+ Intermediate proficiency in Excel (i.e., vlookup, conditional formatting, pivot tables, IF statements).

+ Proven attention to detail and ability to meet multiple, competing priorities.

+ Effective oral, written and interpersonal communication skills.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

+ While performing the duties of this job, the employee is regularly required to sit. The employee is occasionally required to stand and walk.

Compass Minerals is an equal opportunity and affirmative action employer. We are firmly committed to making all employment-related decisions without regard to race, ancestry, ethnicity, color, religious creed or belief, national origin, sex (including sexual orientation, gender identity, and pregnancy and breastfeeding), age, military or veteran status, status as a qualified individual with a disability, genetic information, and any other characteristic protected by law. To request reasonable accommodations, email [email protected] or call 913-344-9200. Learn more about equal employment opportunity laws at dol.gov (https://www.dol.gov/agencies/ofccp/posters) .

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.