Treasury Operations Manager

Treasury Operations Manager

Position Overview:

Our client is a global organization headquartered in Oakbrook Terrace, IL and seeking a highly skilled Treasury Operations Manager to lead and enhance its treasury and banking operations across multiple platforms and entities. This role plays a key part in managing cash flow, banking relationships, intercompany transactions, insurance programs, and financial compliance. The ideal candidate will bring experience in multi-entity treasury environments and a strong command of banking platforms and forecasting tools.

Key Responsibilities for the Treasury Operations Manager:

Core Treasury Operations Manager:

• Administer banking platforms and manage wire/ACH templates.
• Analyze bank fees, maintain authorized signatories, and oversee account service changes.
• Implement fraud controls and confirm international wire instructions.
• Perform daily bank balancing, liquidity reporting, and cash forecasting.
• Lead weekly budget meetings with Accounts Payable and monitor check activity.

Accounts Payable & Forecasting:

• Process payments and manage invoice workflows.
• Support AP month-end close and resolve reconciliation issues.
• Prepare and consolidate short- and long-term cash forecasts using internal systems.

Intercompany Loans & Credit Programs:

• Track intercompany loans and manage interest/principal payments.
• Administer corporate credit card program and manage credit limits.

Expanded Responsibilities of the Treasury Operations Manager:

• International Banking
• FX Hedging
• Insurance Oversight
• Leases & Debt Compliance
• M&A Support
• Regulatory & Financial Reporting

Qualifications for the Treasury Operations Manager:

• Bachelor’s degree in Finance, Accounting, or related field.
• 5+ years of experience in treasury operations or corporate finance.
• Proficiency with banking platforms, ERP systems, and forecasting tools.
• Strong analytical, organizational, and communication skills.
• Experience with insurance management and FX hedging is a plus.

Why Join the Team?

• Competitive compensation and benefits.
• Opportunity to lead treasury operations across North America and beyond.
• Collaborative, growth-focused work environment.
• Exposure to global financial operations and strategic initiatives.