Manager, Corporate Treasury

This role reports to the Director of Treasury and plays a key role in managing global treasury operations, including cash and liquidity management, receipts and disbursements, outgoing disbursements, financial cash reporting, reconciliations, bank account management, borrowings/investments, and banking relationships. The ideal candidate will be passionate about process improvement and automation and will contribute to the efficiency and accuracy of our treasury functions.

This position is based at our Corporate Headquarters in Wood Dale, IL, with a planned relocation to the Merchandise Mart (Chicago) in early 2027.

**What you will be responsible for: **

• Actively manages the daily cash positioning function which includes disbursements, receipts, reconciliations, positive pay exceptions and balancing
• Prepares and manages daily, weekly, and monthly reports on our global cash position
• Monitors and analyzes the Company’s daily cash position to cover cash commitments and coordinates daily cash borrowing/investments
• Reviews and improves existing internal cash management procedure and schedules
• Computes and documents debt covenant compliance along with forecasting
• Input, review, approve and/or release electronic disbursements such as ACHs and wires
• Develop and support Treasury policies, procedures and controls
• Assists with AR Monetization Finance Program
• Monitor and oversee domestic and international bank account services and signatories including bank account administration for opening, migrating, closing of bank accounts and KYC requirements
• Responsible for daily bank coordination, with respect to Cash Management, Debt Management, AR Monetization and issuance and collections on letters of credit
• Serve as a primary administrator for online banking/financial platforms ensuring users have the appropriate access
• Lead banking integration projects resulting from acquisitions
• Troubleshoot daily transactions issue and recommend process improvements
• Prepare, review and maintain SOX compliance within the department, ensure proper controls over cash receipts, disbursements and general

Treasury activities:

• Arranges foreign currency funding based on cash positioning needs
• Apply incoming receipts to the appropriate customer and/or general ledger and one-off applications daily
• Manage and administer our P-card, T/E Card and Credit Card programs
• Adhere to month-end cut-off pertaining to Treasury schedules for reconciliations of all cash related accounts, month end processes and related journal entries
• Assist in submitting and executing letters of credit, performance guarantees, bank guarantees and similar instruments based on business unit needs
• Coordinates with bank personnel on all cash management matters while building positive banking relationships
• Assists with debt and related interest expense/payments, debt compliance and other projects when needed
• Act as a Treasury liaison with the business units, AP and AR operations in handling all banking matters and inquires
• Support/collaborate with corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to Treasury
• Lead and support treasury-related process improvement and automation initiatives
• All other duties as assigned