Sr. Manager, Treasury

Orion Steel; Chicago (IL); On-site; USD 150,000 - 160,000; Full time

Benefits offered by this job

Competitive wages and bonus potential

Family medical, dental, and vision

Short and long-term disability

Competitive retirement plans

HSA/FSAs

Life insurance options

Paid vacation and holidays

Tuition reimbursement

Wellness program

Job summary

Orion Steel Group LLC is seeking a Sr. Manager, Treasury to lead daily cash operations, manage liquidity, and optimize debt structures across manufacturing units.

You will supervise junior treasury staff, collaborate with IT on Kyriba enhancements, and ensure compliance with covenants. The role requires 7+ years in treasury, strong analytical and cross-functional skills, and experience with Kyriba and Oracle ERP.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA/CFA preferred.
• 7+ years of treasury experience, with at least 3 years in a senior or managerial role.
• Experience with treasury management systems (Kyriba) and ERP systems (Oracle).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work cross-functionally and independently manage workflows.
• Strong understanding of cash forecasting, debt instruments, ABL, and letters of credit.

Responsibilities

• Oversee daily cash positioning and forecasting across multiple business units.
• Ensure optimal liquidity management to support operational and capital needs.
• Partner with AP/AR to ensure efficient cash flow processes.
• Monitor debt covenants and reporting requirements.
• Assist in structuring corporate debt, including revolving credit facilities, term loans, and ABL.
• Manage borrowing base reporting and compliance under the ABL facility.
• Monitor collateral balances and utilization to support working capital needs.
• Coordinate with lenders for timely documentation submission.
• Manage LC issuance, renewal, and cancellation with controls and reporting.
• Support treasury audits and external audits.
• Develop and implement treasury policies, controls, and automation tools.
• Collaborate on Kyriba implementation/maintenance with IT; supervise required maintenance.
• Evaluate banking partners and technology to optimize treasury operations.

Skills

Cash forecasting

Debt instruments

ABL

Kyriba

Oracle ERP

Cross-functional leadership

Analytical skills

Education

Bachelor's degree in Finance/Accounting

MBA or CPA/CFA preferred

Tools

Kyriba Treasury Management System

Oracle ERP

Job description

At Orion Steel Group LLC, our strength starts with our people! As a team we collaborate to solve problems, contribute ideas and challenge each other to ensure growth and ultimately success for the business and our employees.

Job Description And Responsibilities

Orion Steel is seeking a highly skilled and experienced Sr. Manager, Treasury to lead and support key treasury functions within our steel manufacturing operations. This strategic role will be responsible for managing daily cash operations, maintaining Treasury Management System, debt compliance and optimization, asset-backed lending facilities, and letters of credit issuance. The ideal candidate will bring deep financial acumen, operational efficiency, knowledge of Kyriba Treasury Management System and strong leadership capabilities, working closely with the VP of Treasury and cross-functional teams across the organization. HQ Treasury provides treasury services to business divisions of the group, maintain and develop cash management units, supervises their respective capital structures, leads capital raise and capital allocation projects. The role of Sr. Treasury Manager is to provide critical support to VP Treasury in key workflows, participate in key projects and supervise activities of Sr. Treasury Analyst and Treasury Analyst of the team.

• Oversee daily cash positioning and forecasting across multiple business units and banking platforms
• Ensure optimal liquidity management to support operational and capital needs
• Partner with Accounts Payable and Accounts Receivable to ensure efficient cash flow processes
• Monitor and ensure compliance with all debt covenants and reporting requirements
• Assist in the management and structuring of corporate debt, including revolving credit facilities, term loans, and asset-backed lending
• Administer and manage borrowing base reporting and compliance under the ABL facility
• Monitor collateral balances, availability, and utilization to support working capital needs
• Coordinate with internal stakeholders and external lenders to ensure accurate and timely submission of required documentation
• Manage issuance, renewal, and cancellation of standby and commercial letters of credit. Ensure appropriate controls, documentation, and reporting around all LC activity
• Support treasury-related audits and external audits
• Assist in the development and implementation of treasury policies, controls, and automation tools
• Participate in projects together with Treasury and IT team in project aimed on development of Treasury Management System (Kyriba) and supervise required maintenance
• Evaluate and recommend banking partners, services, and technology to optimize treasury operations
• Performs other duties as they might be assigned

Requirements

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA/CFA preferred
• 7+ years of treasury experience, with at least 3 years in a senior or managerial role; manufacturing or industrial sector experience strongly preferred
• Experience with treasury management systems (currently company uses Kyriba, experience in this platform is critical for the role) and ERP systems (currently company uses Oracle)
• Excellent analytical, problem-solving, and communication skills
• Demonstrated ability to work cross-functionally and independently manage workflows
• Strong understanding of cash forecasting, debt instruments, ABL, and letters of credit

Compensation

$150,000 - $160,000

Our total compensation package includes amazing benefits!

• Competitive wages and bonus opportunities
• Family medical, dental, and prescription coverage at minimal employee cost
• Short and long term disability programs
• Competitive retirement plans
• Flexible Spending and Health Savings Accounts
• Employer-provided and Voluntary Life Insurance options
• Paid vacation and recognized statutory holidays
• Apprenticeship and career advancement within the company
• Tuition reimbursement
• Wellness program

All applicants must be eligible to work in the USA.

While we thank all those who apply, only those being actively considered for employment will be contacted.

Equal Opportunity Employer

Orion Steel Group, L.L.C. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.

Orion Steel Group, L.L.C. is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities.

If you need special assistance or an accommodation while seeking employment, please e-mail [e-mail] or call: [phone]. We will make a determination on your request for reasonable accommodation on a case‑by‑case basis.