Treasury Manager

4 weeks ago


chicago, United States Private Company Full time

We are currently seeking a hard-working, dedicated Treasury Manager to join our innovative and passionate team. This position will primarily handle Cash Reporting and Forecasting and aid in overseeing all aspects of the Company’s treasury operation activities. Duties also include banking solutions for all business segments of the Company, investment strategies, bank access administration, and daily wire submissions. The role will report directly to the EVP of Finance and interact with the CFO, CAO and several department leaders.


Responsibilities include:


  • Manage banking and treasury relationships with over 25 banks
  • Review and perform fee and interest analysis on current banking structure and account types, to maximize ROI on cash deployment.
  • Perform a risk assessment and develop strategies to mitigate it.
  • Develop new daily cash position reports and summary of daily activity, which includes review of trapped liquidity and available liquidity to the Companies.
  • Delivery month end treasury analysis, incorporating monthly cash burn and cash flow statement and forecast to actual flux analysis.
  • Coordinate with Financial Planning and Analysis (FPA) department in building out cash forecasts that incorporates major cash inflows and cash outflows and reconciliation to the Company’s forecasted P&L.
  • Execute corporate treasury strategy, which includes analyzing current cash investment strategy, enhancing cash deployment strategies and updating monetary policy. Evaluate new banking relationships, products and services.
  • Collaborating with other departments such as Tech and Lending, to maintain treasury database.
  • Oversee and supervise treasury analysts, providing real-time feedback and best practices. Could include building out new treasury department.

Qualifications


  • 5+ years in treasury/analysis role and developing relationships across the Company.
  • Proficient in Excel, building models and writing complex formulas a must.
  • Finance or Accounting Degree mandatory.
  • Mortgage company or banking experience a plus but not required.
  • Ability to handle multiple tasks under tight deadlines.
  • Excellent communication (written and verbal), analytical and interpersonal skills


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