Repurchase Agreement Jobs (NOW HIRING)

Be part of a growing, successful company in an exciting and challenging field. Border States is 100% employee-owned, which means you're empowered to make decisions, find solutions and receive rewards for your hard work.
This position will be located in: Fargo, ND
Application Deadline: Posted Until Filled
Please note that the position may be filled before or after the listed application deadline. Applications will only be accepted while the posting remains active.
Job Summary
The Manager of Treasury oversees daily liquidity, debt compliance, and treasury operations to support the organization's financial stability and strategic objectives. This role ensures accurate and timely reporting for banking and financing relationships, supports key financial obligations, and partners cross-functionally to strengthen financial metrics, internal controls, and risk management practices. This position possesses strong analytical skills, attention to detail, and the ability to collaborate effectively across departments.
Responsibilities
Essential Functions

• Manages all aspects of the company's asset-based loan (ABL) and other debt instruments, ensuring compliance and monitoring liquidity to enable strategic investments.
• Ensures accuracy of debt-related reporting and alignment with loan agreement requirements.
• Coordinates and supports the annual lender field exam, including data preparation, documentation, and examiner inquiries.
• Oversees daily cash management, including cash positioning, forecasting, and short-term liquidity planning.
• Maintains banking relationships and supports ongoing optimization of banking structures, controls, and processes.
• Oversees bank account management, including opening/closing accounts, monitoring monthly fees, and maintaining records of authorized signers.
• Identifies opportunities to improve treasury efficiency, reduce financial risk, enhance reporting accuracy, and to improve treasury policies and internal controls.
• Analyzes capital structure scenarios to support the company's long term financing strategy and M&A growth initiatives.
• Partners with Finance, M&A Leadership, and external advisors to assess cost of capital, covenant implications, and liquidity impacts of alternative financing options.
• Maintains awareness of ESOP related financial obligations, including the annual repurchase liability.
• Partners with internal stakeholders and external advisors to ensure accurate forecasting, planning, and compliance with ESOP requirements.
• Manages the corporate credit card program with banking and internal partners, with a focus on maximizing rebate structures and financial benefits.
• Prepares treasury related reports, dashboards, and analyses for senior leadership.
• Supports budgeting and forecasting processes related to cash flow, debt, and liquidity.

Non-Essential Functions

• Supports strategic financial initiatives and special projects as assigned by the CFO or VP Finance Corporate Controller.
• Responsible for hiring, onboarding, and training of treasury staff.
• Performs other duties as assigned by supervisor or designate.

Qualifications

• Bachelor's degree in finance, accounting, business, or related field. MBA or professional certification (e.g., CTP) preferred.
• 5+ years of treasury, corporate finance, or related experience; experience with asset-based lending strongly preferred.
• Strong understanding of cash management, debt compliance, and financial modeling.
• Familiarity with ESOP structures and repurchase liability planning is a plus.
• Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
• Strong working knowledge of Windows and Microsoft Office (Excel, Word, Access, and PowerPoint).

Skills and Abilities

• Excellent analytical, organizational, and communication skills.
• High attention to detail and accuracy.
• Strong problem-solving and critical thinking skills.
• Ability to build collaborative relationships across departments.
• Proactive mindset with a focus on continuous improvement.
• Integrity, confidentiality, and sound judgement.
• Ability to directly supervise, coach, and develop professional staff through setting expectations, monitoring performance, and providing feedback.
• Translates complex financial information into clear, actionable recommendations for leadership.
• Builds effective working relationships with internal and external partners.
• Communicates clearly and professionally, both verbally and in writing, with audiences at all organizational levels.
• Handles sensitive information with discretion and upholds organizational values.

Physical Requirements
Frequency at which you would carry/lift in a typical day:
Occasionally 0 - 33% Frequently 34 - 66% Continuously: 67 - 100%

• Lift from Waist:
  • 10 to 25 lbs. - Not at all
  • 26 to 50 lbs. - Not at all
  • 51 to 75 lbs. - Not at all
  • 75 to 100 lbs. - Not at all
  • 100+ lbs. - Not at all
• Lift from Floor:
  • 10 to 25 lbs. - Frequently
  • 26 to 50 lbs. - Occasionally
  • 51 to 75 lbs. - Not at all
  • 75 to 100 lbs. - Not at all
  • 100+ lbs. - Not at all
• Carried for Distance:
  • 10 to 25 lbs. - Not at all
  • 26 to 50 lbs. - Not at all
  • 51 to 75 lbs. - Not at all
  • 75 to 100 lbs. - Not at all
  • 100+ lbs. - Not at all

Physical Activity
Frequency at which you would do the following in a typical day:

• Sitting (a continuous period of being seated) - Continuously
• Standing (for sustained periods of time) - Frequently
• Walking (moving about on foot to accomplish tasks) - Frequently
• Bending/stooping (downward and forward) - Occasionally
• Crawling (moving about on hands and knees or hands and feet) - Not at all
• Climbing/Walking Stairs (ascending or descending) - Frequently
• Reaching (extending arms in any direction) - Frequently
• Crouching/squatting (bending the body downward and forward by bending leg and spine) - Occasionally
• Kneeling (bending legs at knee to come to rest on knee(s)) - Occasionally
• Balancing (maintaining body equilibrium to prevent falling) - Occasionally
• Repetitive motion (substantial movement (motions) or the wrists, hands, and/or fingers) - Continuously
• Pivoting (movement in any direction with one foot, keeping the other in contact with the floor) - Occasionally
• Pushing/Pulling (using upper extremities to press against or draw or tug) - Occasionally
• Grasping (Applying pressure to an object with the fingers and palm) - Continuously
• Fingering (picking, pinching, typing; working with primarily fingers and not whole hand) - Continuously
• Talking (expressing or exchanging ideas by means of the spoken word) - Frequently
• Driving (the control and operation of a motor vehicle) - Occasionally
• Desk work (work usually performed at a desk) - Continuously
• Use of a computer - Continuously
• Use of a telephone - Frequently
• Hearing (Perceiving the nature of sounds at normal speaking levels) - Continuously
• Exposure (to adverse weather & temperature conditions) - Not at all
• Travel (travel needed to perform job duties) - Occasionally

Additional Information
This job description is a summary of the job duties and responsibilities and is not intended to cover all possible job duties and is subject to change at the employer's discretion. Employees must be able to perform the essential job duties and satisfy job requirements either with or without a reasonable accommodation.
Our History
Border States is a leader in the electrical supply distribution industry with approximately 130 locations in 31 states. Our employee-owners are second to none in delivering top-notch customer service and in demonstrating extra-ordinary people skills. We are one of the largest independent electrical distributors in the United States providing products and services to the construction, industrial and utility industries. Border States has a competitive benefit package and is a 100 percent employee-owned company. Employee-ownership is a significant part of our culture and our success stems from the dedication of our employee-owners. We practice open-book management and our employee-owners are empowered with clearly defined levels of authority to be innovative and decisive, allowing us to respond quickly to the needs of customers. Employee-owners understand their roles in the success of the company and care about customers' needs, which drives our focus on adding value to everything we do. We recognize that not all customers are the same and each has specific requirements. Our employee-owners understand these diverse needs and have the commitment, resourcefulness and flexibility to outperform all others.
Values
As a Border States employee-owner, you're responsible for living our mission, service philosophy and service standards.
Our Purpose
We believe unstoppable businesses shouldn't go it alone. We are owners - of relationships, of outcomes, of every moment these unstoppable businesses need to deliver.
Service Philosophy
We earn customer loyalty and confidence by caring about their needs and adding value to everything we do.
Service Standards
Border States employee-owners are competent, accurate, responsive, and engaged .
Your career
Join an experienced team at one of the largest electrical distributors in the United States. What are you waiting for?
Border States has a competitive benefits package which includes but is not limited to:
Health, Dental and Vision Benefits
Accident, Critical Illness, Hospital Indemnity
FSA & HSA
Employee Stock Ownership Plan (ESOP)
Disability Benefits
401(k) Retirement Plan
Life Insurance
Employee Assistance Program
Paid Holidays
Paid Volunteer Time
Personal Leave time and more!
Border States provides bonuses to their employee-owners upon the achievement of branch and company goals.
Equal Opportunity For All
It's not just the law. It's something we've believed in since our founding. We value the diversity of all of our employee-owners and will always be an equal opportunity employer.
Drug Free/Smoke Free workplace
Employment may be contingent on the offered candidate successfully passing one or more of the following pre-employment screenings:

• Criminal background check (required for all positions)
• Motor Vehicle Record (MVR) check (required for positions involving driving)
• Drug testing

The MVR check and drug testing vary by role and will be communicated to the offered candidate during the onboarding process and as applicable.