Treasury Manager

3 weeks ago


Chicago, Illinois, United States Northern Impact Full time
Key Responsibilities

The Treasury Manager will play a pivotal role within our 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.

Key responsibilities include:

  • 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.
  • Create and provide insightful reporting metrics and analysis for treasury activities related to liquidity and banking fees.
  • 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.
Requirements

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.

Requirements include:

  • 7-10 years of relevant experience in Treasury roles, preferably within a Fortune 250 organization or automotive dealership.
  • 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.
  • Certification in financial or treasury management is preferred.
About Northern Impact

Northern Impact is a leading company in the industry, committed to delivering exceptional financial solutions and services.

We offer a dynamic and supportive work environment, with opportunities for growth and development.

Join our team and be part of a talented and dedicated group of professionals who are passionate about making a difference in the financial industry.


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