Treasury Manager

Mitsubishi HC Capital America Inc•Itasca, IL

1d•$125,000 - $155,000•Hybrid

About The Position

The Treasury Manager is responsible for leading the Company`s cash management infrastructure and supporting strategic treasury initiatives across the organization. This role oversees bank accounts administration, cash positioning, liquidity monitoring, and forecasting activities, ensuring the efficient management and optimization of cash resources. The position plays a key role in enhancing treasury operations through process improvements, system optimization, and the strengthening of internal controls. Leveraging a strong understanding of treasury management practices, banking services, and financial risk management, the Treasury Manager identifies opportunities to improve liquidity visibility, operational efficiency, and governance. This role supports the VP, Treasury Management and Corporate Finance in executing treasury strategies, with a primary responsibility for cash operations, liquidity management, bank relationship management, and treasury systems oversight. The incumbent accepts the responsibility for maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Requirements

In depth knowledge of Kyriba Treasury management system preferred.
Expert knowledge in Excel modeling and Power BI
In depth knowledge of cash forecasting techniques.
Working knowledge of bank treasury management systems, product, services and experience being account administrator and ensuring proper controls are in place.
Experience working in a Treasury environment requiring SOX 404 compliance.
Knowledge of general accounting required.
Analytical Ability
Problem-solving
Interpersonal Relationships
acute awareness of the environment
strong computer skills: Word, Excel, Great Plains; accounting system; Thoroughness; Detailed-oriented
Being organized
Adaptability
Ability to manage change
Ability to organize/orchestrate
Proven ability to maintain confidentiality
BS Accounting or equivalent experience.
4-6 years’ experience, preferably 3+ years in Treasury environment or Banking Treasury Solutions environment

Nice To Haves

MBA and/or CFA/CPA desirable.
CTP PREFERRED

Responsibilities

Support the execution of the treasury strategy by leading the consolidation of the banking relationships and bank account structures across the organization.
Drive initiatives to optimize cash positioning, liquidity visibility and improve cash efficiency across the company.
Monitor, forecast, and report on short-term and long-range liquidity positions; escalate risks and recommendations to VP, Treasury Management and Corporate Finance. Develop and maintain cash flow forecasting models to support operational liquidity management, financial planning, and strategic decision-making.
Ensure adherence to policies and procedures over cash accounts and support enhancements to controls and account structure in accordance with internal guidelines.
Manage day-to-day banking relationships, including account administration, banking service reviews, and performance monitoring, while supporting strategic bank relationship management initiatives.
Assist the VP Treasury in evaluating financing alternatives, banking services, and treasury products to support the Company's funding and liquidity objectives.
Support the administration and ongoing monitoring of debt facilities and related agreements, including covenant compliance, reporting obligations, and coordination with internal stakeholders and external advisors.
Prepare and maintain forecasts of interest expense and debt levels to support budgeting and planning processes; analyze and explain variances against plan and prior periods.
Lead the implementation, administration, and continuous enhancement of the Kyriba Treasury Management System to support treasury operations, reporting, controls, and automation.
Identify, recommend, and implement process improvements and system enhancements that increase efficiency, strengthen controls, improve data integrity, and maintain a robust audit trail.
Partner with Finance, Accounting, IT, and business stakeholders to optimize treasury-related processes and ensure effective integration between treasury systems and enterprise applications.
Support bank selection, bank rationalization, and treasury transformation initiatives, including the coordination of RFP processes, vendor evaluations, and implementation activities and new cash services in collaboration with the Treasury team and parent company treasury teams.
Prepare analyses, presentations, and reporting materials for senior management to support treasury decision-making and strategic planning.