Cash Manager

NielsenIQ•Chicago, IL

10d•Remote

About The Position

The Cash Manager is responsible for overseeing global cash management operations, ensuring optimal liquidity, and driving strategic initiatives to enhance treasury efficiency. This role will lead daily cash positioning, manage banking relationships, and implement best-in-class processes for cash forecasting, pooling, and working capital optimization. The position requires analytical skills, and the ability to collaborate across finance, tax, and business units to support the company’s financial objectives.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or professional certification (e.g., CTP) preferred
5+ years of experience in treasury or cash management
Strong understanding of liquidity management, banking systems, and global cash operations
Proficiency in MS Excel; experience with treasury management systems (TMS) and ERP platforms (SAP, Oracle) is highly desirable
Excellent analytical, organizational, and stakeholder management skills

Nice To Haves

Experience in multinational corporate environments
Familiarity with SWIFT, payment platforms, and electronic banking tools
Knowledge of FX transactions, hedging basics, and exposure to financial instruments
Strong negotiation skills and ability to manage banking relationships effectively

Responsibilities

Oversee daily cash positioning and funding across multiple entities, currencies, and banking platforms
Develop and maintain short-term and long-term cash flow forecasts to ensure liquidity and minimize idle cash
Manage intercompany funding and optimize working capital through effective cash pooling structures.
Lead bank account administration, including opening, closing, and compliance with KYC requirements
Negotiate banking terms and maintain strong relationships with global banking partners
Ensure timely and accurate execution of payments, transfers, and funding activities
Identify and implement automation opportunities and process improvements to enhance efficiency and scalability
Support treasury system upgrades and integration projects to strengthen operational capabilities
Collaborate with finance teams on liquidity planning, investment decisions, and month-end reporting
Ensure adherence to internal controls, treasury policies, and regulatory requirements
Monitor exposure to FX and interest rate risks; support hedging strategies as needed
Prepare and present cash management reports and KPIs to senior management