Chelsea Milling Company - Chief Investment Officer & Treasurer
The Andrews Group
Accounting & Finance
Ontario, Canada · Chelsea, MI, USA
Posted on Sep 10, 2025
Chelsea Milling Company, headquartered in Chelsea, Michigan, is a privately held parent company with subsidiaries focused on the development, production, and distribution of widely available consumer food products. Founded in the early 1900s by Harmon S. Holmes as a local flour mill, the company evolved over time into a vertically integrated manufacturer that oversees all aspects of its operations—from product development to packaging and distribution—entirely within the United States.
What Sets Chelsea Milling Company Apart:
· Fully U.S.-based production and distribution
· Vertically integrated operations
· Emphasis on quality, value, and consistency
· Nationally recognized products with broad consumer trust
The Opportunity: Chief Investment Officer & Treasurer
The Chief Investment Officer & Treasurer is a collaborative leader and key member of the senior leadership team responsible for the strategic oversight and operational execution of the company’s treasury, investment and financial risk management functions. This role manages the company's investments, capital structure, cash flow forecasting, banking relationships, and liquidity strategies across the parent company and its subsidiaries.
Reporting the Chief Executive Officer, the CIO & Treasurer ensures optimized tax minimization planning strategies, the efficient and secure management of all cash, investments, debt, and financial obligations while supporting the company’s growth and strategic initiatives. This role collaborates closely with the Chief Financial Officer.
Key Responsibilities
Strategy and Tax Planning:
- In conjunction with external tax firm, develop and implement tax-efficient strategies to reduce overall tax liabilities while ensuring full compliance with federal, state, and local tax laws.
- Ensure all tax planning and structuring strategies reflect the organization’s S-Corporation status, with consideration for pass-through taxation and implications for shareholders across all subsidiaries.
- Collaborate with tax advisors and internal accounting & finance teams to identify opportunities for tax credits, deductions, deferrals, and exemptions.
- Optimize entity structure and intercompany transactions to support tax efficiency across subsidiaries and jurisdictions.
- Monitor changes in tax laws and regulations to anticipate and mitigate potential impacts on the organization.
- Partner with legal consultants and accounting teams to ensure accurate reporting and documentation of tax positions and strategies.
- Conduct scenario analyses and tax modeling to evaluate the impact of different strategic decisions on the company’s tax profile.
- Collaborate with CEO & CFO in execution of vision and strategies.
Shareholder Relations:
- Serve as a primary point of contact for shareholders, addressing inquiries, concerns, and requests in a timely and professional manner.
- Coordinate and execute shareholder distributions, ensuring accuracy, compliance, and alignment with tax and cash flow considerations.
- Prepare financial and strategic updates at shareholder meetings or as part of periodic reporting cycles.
- Support corporate governance by maintaining accurate shareholder records, including ownership percentages, capital accounts, and changes in ownership.
- Collaborate with legal counsel and executive leadership to structure and document shareholder transactions.
- Monitor and manage risks related to shareholder relations, including potential conflicts, legal exposure, or misalignment of expectations.
- Facilitate financial education and engagement for shareholders when appropriate, relevant to family-owned or multi-generational ownership settings.
Investment Management:
- Develop and oversee the company’s investment strategy in alignment with corporate objectives, risk tolerance, liquidity needs, and time horizon.
- In conjunction with external Certified Financial Planner, manage the company’s investment portfolio, including short-term and long-term instruments, to maximize returns while preserving capital.
- Ensure investment vehicles and strategies are in compliance with the Investment Policy Statement (IPS).
- Attend investor calls for public holdings, and serve on Boards of Directors for select investments, as needed.
- Stay abreast of market trends, economic conditions, and regulatory changes that may affect the performance or compliance of investment holdings.
- Recommend adequate diversification of investments to minimize risk exposure and optimize yield across the portfolio.
- Maintain accurate and timely records of all investment transactions, valuations, and performance metrics.
- Ensure investment performance reports are presented to executive leadership and board committees, highlighting returns, benchmarks, and strategy alignment.
- Provide staff support to Investment Committee and attend all meetings.
- Coordinate with external investment managers, advisors, or custodians, ensuring fiduciary responsibilities are met and costs are managed.
- Ensure all investment activities comply with internal controls, accounting standards, and applicable legal or regulatory requirements.
- Periodically review and update the company’s investment policy, ensuring it reflects current financial objectives, cash flow forecasts, and risk parameters.
- Assess the impact of investment decisions on tax obligations, especially in coordination with tax planning for S-Corporation structure.
- Support capital allocation decisions, including the use of excess cash for investments, debt repayment, or strategic reinvestment.
Cash Management & Liquidity:
- Develop and maintain a comprehensive cash management strategy across all entities to ensure adequate liquidity for operating needs, capital expenditures, and strategic initiatives.
- Forecast short- and long-term cash flow across the parent company and all subsidiaries to support planning, budgeting, and investment decisions.
- Oversee banking relationships to ensure effective account structures, cash concentration systems, and competitive banking services and fees.
- Ensure liquidity risk is identified and managed, including developing contingency plans for funding gaps or economic downturns.
- Collaborate with CFO and accounting team to align cash management with forecasts, budgets, and reporting.
- Arrange/manage debt financing, and report debt and cash positions metrics regularly to executive leadership and the board.
- Support capital planning decisions, including dividend/distribution capacity, debt repayment, and financing needs, based on liquidity outlook.
Financial Policies & Filings:
- Ensure timely and accurate preparation and submission of all required external corporate financial filings.
- Liaise with external auditors, legal counsel, and tax advisors to ensure filings are accurate, complete, and compliant.
- Maintain documentation and support for all financial filings, ensuring audit readiness and regulatory compliance.
- Monitor changes in financial reporting requirements and regulations, and implement necessary updates to filing processes and disclosures.
- Ensure all financial reports and public disclosures reflect the S-Corporation structure, where applicable, and any impact on shareholder reporting.
- Collaborate with Accounting department to collect and validate information for filings.
Policies, Procedures & Internal Controls:
- Organize and maintain historical corporate records.
- Design, implement, and maintain treasury policies and procedures that ensure effective internal controls.
- Regularly review and update treasury policies to reflect changes in regulatory requirements, industry best practices, and business operations.
- Monitor compliance with internal policies and controls, including reviewing exceptions, conducting internal audits, and addressing deficiencies.
- Work with external auditors and CFO to facilitate testing and evaluation of internal controls and respond to audit findings.
- Evaluate new systems, processes, and business initiatives to ensure they incorporate appropriate internal controls from the outset.
The Qualified Candidate
Chelsea Milling Company seeks a collaborative, strategically focused, proven investment & treasury executive. The successful candidate will have experience with investment and treasury functions in an organization comprised of multiple entities. The selected candidate will be goal oriented, collaborative, and a strategic thinker.
Specific Requirements Include:
Education and Experience
- Bachelor’s degree from an accredited college or university.
- Ten-Fifteen (or more) years of progressively responsible experience in a multi-entity setting with a proven track record in building collaborative relationships with members of the CEO cabinet/executive team.
- Prior experience managing multi-asset investment portfolios, including equities, fixed income, alternatives, and cash.
- Proven track record in developing and executing investment strategies aligned with corporate goals and risk tolerance.
- Experience working in a complex organizational structure, such as a parent company with multiple subsidiaries.
- Familiarity with S-Corp tax structures and implications for tax and investment planning.
- Experience overseeing relationships with investment advisors, financial institutions, and external auditors/advisors.
- Demonstrated ability to evaluate risk-adjusted returns, ensure liquidity, and align investment strategy with corporate objectives.
- Experience working with shareholders.
- Deep understanding of tax planning strategies, income tax compliance, and shareholder distribution models.
- Experience working with an advisory board of directors.
Competencies and Attributes
- Ability to exercise a high degree of judgment and diplomacy as well as maintaining the highest integrity and ethics.
- Demonstrated ability to work independently, as well as, a proven record of working collaboratively and diplomatically with others.
- Strong business acumen; decision making skills; ability to set priorities; process and project management skills.
- Risk averse, meticulous, compliance-driven.
- Adept at cash and investment risk management oversight.
- Collaborative by nature, with a strong sense of commitment to the team.
Desired/Preferred Qualifications:
- Master’s degree in Business, Finance, Accounting, Economics or a related field.
- Chartered Financial Analyst (CFA) designation.
- Familiarity with valuation modeling.
This role is located in Chelsea, Michigan, and includes a competitive salary, bonus potential, and a comprehensive benefits package.