Cash & Banking Manager

General Information

Date Published

23-Mar-2026

Advertising Ends

23-Apr-2026

ID#

15265

Role Type

Accounting & Commercial

Work Type

Permanent Full-Time

Workplace Type

Hybrid

Country

Australia

Location

Melbourne & Southern Victoria

Position Description

Iconic dairy brands, exciting dairy future!

Mainland Dairy is entering a bold, new chapter. Evolving from our roots as the business formerly known as Fonterra’s global Consumer and associated businesses, we are set to become part of Lactalis Group, the world’s largest dairy company known for its firm belief in the future of dairy and rapid, consumer-driven growth.

To be known as Lactalis – Mainland Dairy, we’re looking for highly skilled and knowledgeable people who are energised by the opportunity under new ownership, a change that is expected for the first quarter of 2026 (pending sale completion) but starting as soon as the right person is identified and available.

At Lactalis – Mainland Dairy, our passionate and talented team is committed to nurturing the future, unlocking new opportunities, and fostering innovation in nutrition and food. Come join us and help shape a consumer-focused future to be proud of.

About the Opportunity

We are seeking an experienced Cash & Banking Manager to provide strategic oversight of banking operations within our Shared Services function.

Reporting to the GM, Shared Services, this role is responsible for ensuring the integrity, accuracy, and efficiency of cash management, bank reconciliations, and payment processing activities.

You will play a critical role in managing outsourced banking service providers, strengthening controls and compliance, mitigating financial risk, and driving continuous improvement across banking operations.

This is a highly visible role partnering closely with Finance, Treasury, and Technology teams.

Your key accountabilities include:

Providing strategic leadership and oversight of all banking operations, including payments, collections, cash management, and bank reconciliations
Ensuring strong compliance with internal controls, regulatory requirements, treasury policies, and governance frameworks, including fraud and AML standards
Leading cash positioning and forecasting activities to optimise working capital
Managing outsourced service providers, including SLAs, performance monitoring, issue resolution, and continuous improvement initiatives
Building and maintaining effective relationships with banking partners to ensure service quality, compliance, and cost efficiency
Championing banking technology, automation, and system integration initiatives in collaboration with Finance and IT teams
Identifying, assessing, and mitigating operational and financial risks across banking activities
Supporting internal and external audits through strong documentation, controls, and insights
Driving a culture of continuous improvement, performance measurement, and accountability

About You

You are a seasoned banking or cash management leader with strong technical expertise, a risk focused mindset, and the ability to operate confidently in complex, high volume environments.

You will bring:

Demonstrated leadership experience (6+ years) overseeing advanced banking and cash management operations
Deep expertise in financial controls, risk management, and regulatory compliance
Proven experience managing outsourced service providers, including contract and SLA management
Strong knowledge of ERP systems and banking technology platforms, with experience driving process optimisation and automation
Excellent analytical and problem solving skills, with a continuous improvement mindset
Strong stakeholder management capability across Finance, Treasury, IT, and external partners
Experience working in large, complex or multinational organisations (FMCG experience desirable)
High attention to detail, accuracy, and proactive risk mitigation

Be Part of Dairy’s Future

Great people continue to power Mainland Dairy forward. Our people thrive within a positive working environment, a collaborative and caring culture and leadership that continues to inspire.

Based at our Richmond office, this role offers excellent career development and internal mobility pathways as well as flexible ways of working and a hybrid structure, that allows you the balance of in-office collaboration and working from home to suit your lifestyle.

We believe in you bringing your best and most authentic self to work and we want you to succeed in a way that allows you to win, in all aspects of your life.

Let’s make this your best move yet. Apply now!

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Fonterra Home Page

General Information

Position Description