Treasury Manager

Rhythm Pharmaceuticals • Boston, MA

5d • Hybrid

About The Position

Rhythm Pharmaceuticals is seeking a Treasury Manager to ensure the smooth, compliant, and scalable operation of the company’s global treasury function by owning day‑to‑day cash and banking operations, compliance and controls, and treasury reporting and analytics; continuously improving processes and technology; and serving as a strong, trusted cross‑functional partner, with a central role in the successful implementation and ongoing administration of the Treasury Management System.

Requirements

• 5+ years of hands-on treasury experience across cash management, liquidity forecasting, banking operations, and compliance.
• Bachelor’s degree (BA or BS) in Finance, Accounting, Economics, or a related field.
• Experience with Treasury Management Systems, ERPs, bank integrations (including host-to-host), system integration strategies, and automation frameworks, including exposure to emerging technology (e.g. AI), supporting system implementations or process transformation initiatives.
• Uses AI as a starting point -- not a final answer – by challenging outputs, applying sound judgment, and clearly articulating reasoning and conclusions.
• Advanced Excel, data manipulation, financial modelling, scenario analysis, and financial reporting experience, with the ability to identify inconsistencies, errors, and trends in financial data.
• Demonstrates strong attention to detail and a high degree of accuracy, with excellent organization and follow-through while managing multiple priorities and deadlines.
• Remains disciplined under pressure, adapts priorities quickly when urgent issues arise, and maintains personal accountability and strong work ethic.
• Applies sound judgment in determining when to act independently, when to escalate, and when to support decisions without needing to lead, operating effectively in environments with limited ambiguity.
• Maintains a proactive problem-solving mindset -- investigating root causes, surfacing risks early, and proposing solutions rather than merely identifying problems.
• Continuously looks for opportunities to simplify, automate, or standardize processes.
• Demonstrates strong operational and analytical thinking combined with clear, effective communication at all levels, and a collaborative, team-oriented mindset.
• Demonstrates high integrity and discretion in handling confidential financial information.

Nice To Haves

• Experience in multinational, publicly traded companies and global banking environments is preferred.
• Certified Treasury Professional (CTP) preferred
• Project management experience preferred.

Responsibilities

• Perform daily cash reconciliations and manage liquidity across multiple entities and currencies.
• Update and review the Daily Cash Position, proposing short-term liquidity strategies to the Global Treasury Director.
• Partner with internal stakeholders to update and enhance short-term cash flow forecasts.
• Monitor and process milestone and interest payments in accordance with contractual obligations.
• Manage inter- and intracompany cash transfers and oversee the approval process.
• Accurately prepare and timely distribute standard treasury reports (e.g., weekly cash position, short-term investments, FX exposure) to stakeholders, including senior leadership.
• Monitor key working capital metrics (DSO and DPO) and identify opportunities to optimize the cash conversion cycle.
• Perform ad-hoc high-quality analysis by applying analytical thinking and attention to detail over large data sets.
• Identify opportunities to streamline operations, enhance efficiency, and reduce risk through automation and standardization.
• Administer the global bank account lifecycle (opening, closures, signatory changes, KYC reviews), ensuring accurate and complete documentation (resolutions, signatory lists, agreements) are maintained in an audit-ready state.
• Act as primary administrator of online banking platforms and the Treasury Management System (TMS), including supporting TMS implementation, stabilization, and ongoing administration.
• Ensure compliance with internal controls, including user access reviews, entitlement reporting, segregation of duties, and data security. Acts as the primary Treasury point of contact for Internal Controls and Audit and can clearly explain end-to-end treasury processes.
• Banking and/or transaction-related issues (e.g., payment failures, access issues, service disruptions) are resolved in a timely and secure manner, in liaison with internal stakeholders.
• Evaluate and recommend fit-for-purpose banking products and solutions to support the growth of company.
• Maintain strong working relationships with global banking partners; evaluate and recommend banking products, monitor service levels, and track bank fees.
• Assist in monitoring FX exposure to meet policy objectives.
• Collaborate with accounting and tax teams to integrate FX best practices into intercompany settlements.
• Assist in monitoring short-term investment activity in compliance with internal policies and risk parameters.
• Collaborate with Accounting to manage corporate credit card programs, with a focus on evaluating program performance, ensuring compliance with travel and expense policy, and preventing fraud.
• Support insurance policy renewals and coordinate information for brokers.
• Manage issuance and renewal of letters of credit and other financial guarantees as needed.
• Serve as a reliable Treasury partner to Accounting, Tax, FP&A, AP, Payroll, and other stakeholders on treasury-related matters, including the implementation of new systems and processes.
• Perform other treasury-related duties as needed.

Benefits

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

What This Job Offers

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