Manager of Treasury

Overview One of America's largest retailers is seeking a Manager of Treasury to join their growing company! The Treasury Manager will play a pivotal role within their Corporate Treasury team, driving financial efficiency and strategic growth. This dynamic position offers a blend of hands-on management and strategic planning, overseeing critical areas such as cash management, bank account administration, and key banking relationships. Reporting directly to the Vice President of Treasury, the ideal candidate will be instrumental in evolving our operations towards best-in-class practices. They will spearhead initiatives in cash management and forecasting, while implementing cutting-edge treasury solutions to optimize our financial operations. We're seeking a proactive leader with exceptional communication skills, capable of fostering strong relationships across all levels of the organization. The successful candidate will provide crucial functional guidance and collaborate seamlessly with diverse teams to drive financial success.This role offers an exciting opportunity to make a significant impact on our financial strategy and contribute to the company's overall growth and stability. If you're ready to take on a challenging and rewarding position in corporate finance, we want to hear from you. Note: Candidates based in Chicago will have the option to work from either Chicago or Lincolnshire headquarters, with a hybrid work schedule of three days per week in the office. Key Responsibilities: Manage corporate treasury liquidity and forecast short-term and medium-term liquidity needs. Conduct treasury activities including investment management, borrowing oversight, and corporate risk management. Drive strategy for banking services and evaluate/implement treasury technology solutions. Develop and maintain accurate financial models encompassing cash flow projections, and interest income & expenses. Implement the investment strategy with oversight, management reporting, return metrics, and risk analysis. Assist with compliance regarding debt covenants, intercompany matters, cash and investments, and banking relationships. Regularly assess, recommend, and implement global treasury processes to enhance departmental efficiency. Create and provide insightful reporting metrics and analysis for treasury activities related to liquidity and banking fees. Key Year One Objectives Standardize and refine the daily cash management processes and procedures for improved efficiency Enhance and calibrate cash forecasting models for greater accuracy and reliability. Standardize reporting formats and presentations for the management team to promote clear communication. Key Selection Criteria Proven experience in financial markets and understanding applicable financial regulations related to corporate treasury. In-depth knowledge of cash management practices, banking operations, and treasury controls. Solid understanding of risk management techniques and objectives. Advanced proficiency in Microsoft Excel and PowerPoint; experience with Treasury Management Systems, preferably Kyriba. Personal/Professional Attributes 7-10 years of relevant experience in Treasury roles, preferably within a Fortune 250 organization or automotive dealership. A proactive approach to challenges and the ability to make data-driven decisions. Enjoys a hands-on role and thrives in a lean, fast-paced environment. Highly responsible and accountable for delivering quality work. Exhibits confidence, asks insightful questions, and encourages innovative thinking. Experience in dynamic change environments, showcasing adaptability and resilience. Certification in financial or treasury management is preferred. Education Bachelor's degree in Accounting, Finance, or Economics; an MBA is preferred for advanced insights and strategic understanding.

Created: 2024-11-05