Treasury Senior Manager

Sidley Austin LLP•Chicago, IL

6d•$200,000 - $220,000•Hybrid

About The Position

The Treasury Senior Manager is responsible for monitoring and managing the Firm’s global cash operations, including disbursement policies, procedures and internal controls. The Treasury Senior Manager will work with counterparts throughout the organization to ensure uniform implementation and execution of cash management policies and procedures. The Treasury Senior Manager will be responsible for bank account management, maintaining the Firm’s banking relationships and financial risk management, and managing certain aspects of the Firm’s insurance programs.

Requirements

Bachelor of Science degree in Accountancy or Finance
Minimum of 8 years of relevant treasury experience
Demonstrated technical and analytical skills within his/her professional background
Strong organizational skills
Strong attention to detail
Good judgment
Strong interpersonal communication skills
Strong analytical and problem-solving skills
Able to work harmoniously and effectively with others
Able to preserve confidentiality and exercise discretion
Able to work under pressure
Able to manage multiple projects with competing deadlines and priorities

Nice To Haves

CPA
Service industry experience

Responsibilities

Lead the management of the Treasury / Cash Management function including daily funding and investment activities
Continuously evaluate opportunities for improvement and work with Firm leaders to implement solutions – includes the evolution of processes and controls as economic, geo-political and technology changes evolve
Responsible for the development of treasury staff, including review of work, training and coaching as well as ensuring global teams are fully informed and able to perform essential duties
Ensure firm-wide cash operational processes, procedures, and controls are documented and communicated – monitor operations and internal controls in all locations and ensure they are adequate and working effectively – critical focus on ensuring individuals are trained and aware of risk management and fraud detection responsibilities and procedures
Serve as the cross-functional liaison around managing the Firm’s relationships with financial institutions, including those relationships with other functions of the Firm and non-US finance leaders
Oversee credit facility management and reporting – facilitate any use of the credit facility including issuing / maintaining letters of credits and maintenance of bank documentation
Understand global trust account rules and ensure the appropriate processes and procedures surrounding those accounts are followed
Assess and scrutinize significant transactions prior to disbursement
Prepare and monitor firm-wide cash flows and regularly monitor exchange rates – to make recommendations for investing as needed and execute on foreign currency needs for offices around the globe
Research and maintain a current level of understanding of banking regulations and insurance requirements to ensure compliance
Manage the execution of the Firm’s insurance programs, including evaluation of insurance needs, annual renewal of policies, and day-to-day involvement of assessing insurance related risks stemming from client and vendor engagement terms.