Treasury Manager

ArentFox Schiff•Washington, DC

26d•$107,000 - $147,000•Onsite

About The Position

The Treasury Manager protects and optimizes the firm’s financial resources by leading daily cash operations, banking activity, trust and escrow administration, payment controls, and treasury reporting. The role combines hands-on operational work with strategic problem solving, banking relationship management, and collaboration across Finance and the firm. The Treasury Manager supports cash flow management, banking operations, fraud prevention, and trust-related activity while strengthening processes that help the firm operate smoothly and responsibly. This exempt position is based in either the firm’s DC or Chicago office. The anticipated good-faith base salary range is $107,000 to $147,000 per year. The exact offer depends on factors including experience, skills, and qualifications. Certain positions are eligible for a performance-based bonus, payable monthly or annually.

Requirements

5+ years of experience in treasury, cash management, banking, accounting, or a closely related finance function.
Experience managing multiple bank accounts, online banking tools, and payment platforms.
Strong knowledge of banking operations, ACH, wire transfers, positive pay, payment controls, and fraud prevention practices.
Strong Excel, reporting, and financial analysis skills, with the ability to turn details into useful insights.
High attention to detail and sound judgment when handling high-volume, time-sensitive transactions.
Excellent communication and relationship management skills, with a collaborative and service-oriented approach.

Nice To Haves

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field is preferred.
Trust or escrow accounting experience is strongly preferred.

Responsibilities

Lead daily cash positioning across the firm’s bank accounts to ensure liquidity, accuracy, and timely funding.
Prepare and share daily cash reports to support informed decision-making.
Monitor balances, funding needs, and cash activity to anticipate requirements and resolve issues.
Initiate and manage internal transfers and account funding while maintaining accuracy, controls, and efficiency.
Monitor banking activity for unusual transactions, potential fraud risks, and operational concerns.
Identify opportunities to improve cash utilization, streamline banking processes, and strengthen treasury operations.
Provide financial, operational, and treasury analyses to support Finance leadership and firm priorities.
Serve as the firm’s primary contact for banking partners and build productive relationships.
Manage bank account openings and closures, signer updates, and online banking access.
Coordinate new banking products and treasury services.
Partner with banks and internal teams to resolve inquiries, returned items, fraud alerts, and service issues.
Review banking fees, service levels, and process needs and recommend improvements.
Review vendor payments and employee reimbursements before bank processing.
Review and approve wires, ACH payments, and other cash disbursements in accordance with firm controls.
Oversee foreign and international payment transactions, including timing, documentation, and risk considerations.
Oversee daily trust and escrow account activity across multiple jurisdictions and banking institutions.
Monitor client trust balances and ensure deposits, transfers, and disbursements are properly recorded.
Work with attorneys and staff on trust-related transactions, questions, and follow-up.
Review and process approved third-party payments from trust and escrow accounts.
Support timely resolution of bank reconciliation exceptions and aged reconciling items.
Research outstanding deposits, checks, and unidentified transactions to help maintain accurate records.
Assist with internal and external audit requests by providing timely, organized documentation.