Treasury Analyst

Profile Products LLC•Buffalo Grove, IL

4h•$90,000 - $120,000

About The Position

The Treasury Analyst manages and continuously improves processes related to funds flowing into and out of Profile Products and its related entities. The role oversees credit granting and consistent application of the company’s credit policy, assesses current and prospective customer creditworthiness and liability, and establishes and updates customer credit terms. It manages a third-party accounts receivable collection support team, prioritizing collection efforts and coaching on customer communications. The position handles daily funding and treasury needs across entities, including paying vendors, transferring funds, monitoring bank balances, and reducing interest expense on the company’s revolving line of credit. It administers the company’s travel and expense and car lease programs, supports annual business insurance renewals, assists with integrating acquisitions, and provides financial analysis and support to Finance leadership. The role also maintains process documentation and supports liquidity modeling and accounts receivable and payable reporting automation.

Requirements

Bachelor’s degree in Finance, Accounting, Business Management, or a related field.
Five years of collections management experience.
Ability to identify and lead continuous improvement initiatives in related functions.
Experience leading and mentoring team members to drive daily operations and achieve goals.
Excellent verbal and written communication skills, including the ability to prepare and deliver clear, concise reports for the intended audience.
Ability to build relationships, communicate effectively, and present ideas confidently and persuasively.
Demonstrated ability to expand role and impact within an organization over time.
Ability to analyze and solve complex problems.
Mastery of credit principles and procedures.
Understanding of state and federal laws pertaining to collection activities.
Excellent organizational skills and attention to detail.
Ability to keep information confidential and exercise integrity and discretion.
Ability to remain professional during confrontational conversations.
Ability to meet deadlines in a fast-paced, quickly changing environment.
Time management skills.
Proficiency with Microsoft Office, including Word, Outlook, Excel, Teams, and PowerPoint.
Ability to read, write, and speak English.
Ability to meet the physical demands of the position, including talking or hearing, office activities, seated computer work, filing, lifting and carrying office supplies, and keyboarding.
May require more than 40 hours per week to perform essential duties.

Nice To Haves

Experience using Power BI.
Bilingual Spanish language skills.

Responsibilities

Identify and lead continuous process improvements in credit, accounts payable, accounts receivable and collections, cash forecasting, and daily funding and treasury operations.
Oversee the credit granting process and ensure consistent application of credit policies across Profile-related entities, including foreign entities.
Assess customer creditworthiness and establish credit terms.
Monitor the third-party accounts receivable support team’s application of customer payments and correct invoices with incorrect payment terms.
Manage daily accounts receivable collection efforts with local teams and the third-party support team; track large past-due customers and coach team members on collection strategies and communications.
Contact large past-due customers to obtain payment; hold new orders, negotiate payment terms or settlements, charge interest on past-due balances, and escalate collection efforts when warranted.
Refer accounts to outside collection agencies and assist with related legal actions as needed.
Manage daily funding and treasury needs across entities, including transferring funds and paying vendors.
Minimize company interest expense by paying down the revolving line of credit daily when possible.
Administer the company’s travel and expense and car lease programs, including onboarding new hires.
Support annual business insurance renewals, provide statements of values to insurance brokers, and report incidents to brokers and internal parties.
Assist with integrating acquisitions across credit policy, accounts receivable collections, funding and supplier payments, banking, travel and expense, and car lease policies.
Keep written standard operating procedures current and train backup team members on procedures.
Provide financial analysis support to the Director of FP&A as requested.
Perform other assigned duties, including preparing reports requested by management.
Work with the V&P of Finance to model short- and long-term liquidity based on projected financial performance, capital expenditures, net working capital changes, and one-time cash outflows.
Work with the V&P of Finance to develop accounts receivable and accounts payable reporting automation.