Senior Manager, Global Treasury

Rhythm Pharmaceuticals • Boston, MA

2d • $135,000 - $215,000 • Hybrid

About The Position

Rhythm Pharmaceuticals is seeking an experienced Senior Manager, Global Treasury to help manage, oversee, and develop the company’s global treasury function. The role covers global cash and liquidity management, treasury operations, controls and compliance, insurance, treasury technology, reporting and analytics, and financial risk management. It combines technical expertise with hands-on operational leadership to deliver controlled, scalable, and efficient treasury processes.

The Senior Manager will serve as a cross-functional Treasury partner and work with banking partners, insurance brokers, and other external service providers. The role will also be a key Treasury lead in implementing, administering, and optimizing the Treasury Management System. Reporting to the Director, Global Treasury, the Senior Manager will independently lead substantial Treasury workstreams, develop recommendations, and manage day-to-day execution.

The position is based at the company’s Boston, Massachusetts, corporate office in a hybrid-work model. Candidates must be willing and able to work from the Boston office in coordination with departmental and business needs. Some travel may be involved.

Requirements

• 8+ years of progressive corporate treasury experience, including substantial work in global cash and liquidity management, banking operations, controls, and treasury operations.
• Bachelor’s degree (BA or BS) in Finance, Accounting, Economics, Business Administration, or a related field.
• Demonstrated experience managing cash and liquidity across multiple entities and currencies, including forecasting, banking structures, payments, intercompany funding, and investments.
• Direct experience with internal and external audits, SOX and internal controls, treasury compliance, KYC, payment controls, bank portals, and user entitlements.
• Advanced Excel, financial modeling, and data analysis skills, including the ability to identify inconsistencies, errors, and trends in financial data.
• Demonstrated ability to develop controls, policies, procedures, and scalable operating processes, and to administer a Treasury Management System.
• Experience leading cross-functional Treasury initiatives and coordinating internal stakeholders, financial institutions, technology providers, and external advisors.
• Strong written and verbal communication skills, including the ability to develop well-supported recommendations, influence stakeholders, and recognize when significant risks or decisions require escalation.
• Ability to remain disciplined under pressure, adapt priorities when urgent issues arise, and demonstrate sound judgment, accountability, and strong work ethics.
• Excellent analytical and problem-solving capabilities, including root-cause analysis, early risk identification, and development of practical solutions.
• High degree of integrity, discretion, accuracy, attention to detail, organization, and follow-through across competing priorities and deadlines.
• Willingness and ability to work from the Boston office in coordination with departmental and business needs.

Nice To Haves

• Experience in multinational, publicly traded companies and global banking environments.
• Certified Treasury Professional (CTP) designation.
• Experience in the life sciences, biotechnology, pharmaceutical, or healthcare industry.
• Experience with Treasury Management System implementation or optimization and ERP or banking-platform integrations.

Responsibilities

• Manage global cash and liquidity across multiple legal entities and currencies, including daily cash positioning and funding of operating entities.
• Manage short- and medium-term cash flow forecasting, variance analysis, and identification of funding requirements or excess liquidity.
• Develop recommendations concerning global liquidity, cash concentration, intercompany funding, cash pooling, excess-cash investments, and funding strategies for review with the Director, Global Treasury.
• Partner with Accounting, AP, Tax, Payroll, Supply Chain, and other stakeholders to improve forecasts and coordinate intercompany funding and cross-border cash movements in accordance with approved strategies.
• Monitor contractual liquidity requirements, interest payments, financial covenants, and other corporate obligations; prepare analyses and recommendations for the Director and senior Finance leadership.
• Oversee global bank account lifecycle activities, banking documentation, signatories, KYC requirements, and account rationalization in accordance with approved banking strategy and policies.
• Manage day-to-day banking relationships, service levels, and bank fees; evaluate products and recommend significant relationship or structure changes to the Director.
• Ensure controlled execution of payments, cash transfers, funding activities, and other treasury transactions, including administration of banking platforms.
• Lead resolution of complex banking, payment, settlement, connectivity, and operational issues, escalating significant financial, control, or relationship matters as appropriate.
• Recommend improvements to banking structures and Treasury processes to increase efficiency, scalability, and control.
• Partner with Accounting to administer and oversee corporate credit card programs, including program performance, policy compliance, controls, and fraud prevention.
• Manage and maintain Treasury’s internal control framework and support compliance with company policies, SOX requirements, banking controls, and applicable regulatory requirements.
• Serve as the primary day-to-day Treasury contact for internal and external audits and compliance reviews; coordinate significant findings and remediation plans with the Director.
• Develop and maintain Treasury policies, procedures, controls, approval authorities, operating standards, and audit-ready supporting documentation, recommending updates for approval as appropriate.
• Oversee access governance, segregation of duties, authorized signers, and sensitive financial information across Treasury systems and banking platforms.
• Identify control gaps and operational risks and execute remediation plans with the Director and relevant stakeholders.
• Monitor compliance and reporting requirements related to investments, FX, banking, cash management, bank accounts, and financial arrangements.
• Manage day-to-day administration of the global corporate insurance program in partnership with Legal, Finance, HR, and external brokers.
• Coordinate annual insurance renewals, underwriting data, coverage reviews, and stakeholder input; support senior stakeholders evaluating significant coverage and program decisions.
• Maintain organized, audit-ready insurance policies, certificates, premiums, allocations, claims documentation, and related records.
• Support claims administration, due diligence, and insurance requirements related to contracts, financing arrangements, international subsidiaries, clinical operations, and other business activities.
• Manage letters of credit and other financial guarantees within approved terms and authority levels.
• Monitor short-term investment activities against policy, liquidity requirements, maturity, yield, and concentration risk, and prepare recommendations for review and approval.
• Monitor global foreign currency exposures and support development and execution of appropriate FX risk-management strategies.
• Monitor interest-rate, counterparty, liquidity, and other treasury risks and provide analysis and recommendations to the Director.
• Serve as a key Treasury lead and functional administrator for the Treasury Management System, including implementation, controls, integrations, enhancements, and ongoing optimization.
• Lead Treasury automation and integration efforts across the TMS, ERP, banking platforms, investment providers, and other financial systems in partnership with IT, Accounting, and system owners.
• Use technology, data analytics, and automation to reduce manual processes and improve Treasury reporting and decision-making, with appropriate review and judgment.
• Maintain governance over Treasury master data, interfaces, and system controls; coordinate requirements, testing, documentation, and adoption of system enhancements.
• Deliver timely Treasury reporting to the Director and senior Finance leadership on cash, liquidity, investments, banking activity, FX exposures, working capital KPIs, and treasury risks.
• Support budgeting, forecasting, financial reporting, audits, and strategic initiatives requiring Treasury expertise.
• Serve as a Treasury subject matter expert and lead cross-functional work with Accounting, FP&A, Tax, Legal, AP, Payroll, IT, banks, brokers, and other partners.

Benefits

• A discretionary annual bonus may be available based on individual and company performance.
• The role may be eligible for benefits and other compensation such as restricted stock units.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior