Treasury Manager

ORS Nasco; Elk Grove Village (IL); Hybrid; USD 90,000 - 110,000; Full time

Job summary

ORS Nasco is seeking a Treasury Manager in Elk Grove Village, IL, to oversee cash flow forecasting, liquidity management, and treasury reporting. The role is hybrid, with on-site collaboration at 25 Northwest Point Blvd, Suite 100, Elk Grove Village, IL 60007.

Ideal candidates have 5+ years in treasury, strong Excel and ERP skills, and a track record of optimizing working capital and banking relationships. A Bachelor's in finance or related field is required; a CTP is a plus.

Qualifications

• 5+ years in corporate treasury, cash management, or banking.
• 2

Responsibilities

• Cash Flow Forecasting: Build and maintain daily, weekly, and monthly cash flow models.

Skills

Cash flow forecasting

Liquidity management

Banking operations

Treasury reporting

Working capital

Financial modeling

Advanced Excel

Analytical mindset

Attention to detail

Ethics

Education

Bachelor's degree in Finance/Accounting/Economics

Master’s degree / MBA is a plus

Tools

Infor ERP

NetSuite ERP

Job description

Treasury Manager

Finance/Acctg/Audit/Treas Full Time Individual Contrib Elk Grove Village, IL, US

Salary: $100,000.00 Annually

The Treasury Manager actively manages ORS Nasco’s cash flow activities, including cash forecasting, banking, liquidity analysis, hedging, and treasury reporting. It also leads cross-functional coordination to ensure financial stability and optimal working capital. This position is a Hybridrole locatedat 25 Northwest Point Blvd, Suite 100, Elk Grove Village, IL 60007.

Major Responsibilities

• Cash Flow Forecasting: Build and maintain daily, weekly, and monthly cash flow models to predict funding needs and surplus positions.
• Liquidity Management: Monitor bank accounts, execute wire transfers, manage zero-balance accounts (ZBAs), and sweep excess cash into short-term investment vehicles.
• Banking Operations & Relationships: Serve as the operational point of contact for commercial banking partners. Manage bank fees, open and close accounts, and update authorized signers.
• Import Management: Partner with the Sourcing team to manage the import process for pre-payments and reporting.
• Working Capital Optimization: Collaborate with Accounts Receivable (AR) and Accounts Payable (AP) to accelerate cash collections and manage payment timing.
• Reporting: Prepare executive dashboards, variance analyses, daily cash position reports, and monthly and quarterly bank reports.
• Additional Support: Assist with insurance and 401(k) audits.

Qualifications & Experience

Education

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• Master’s degree or MBA is a plus

Certifications

• Certified Treasury Professional (CTP) designation highly preferred

Experience

• 5+ years of corporate treasury, cash management, or banking experience
• 1–3 years in a supervisory or management role
• Experience managing Asset-Based Lending (ABL) revolver loans and developing cash strategies to minimize interest exposure
• Familiarity with foreign exchange (FX) and hedging

Technical Skills

• Proficiency in ERP systems, such as Infor or NetSuite
• Advanced Excel skills, including VLOOKUPs, pivot tables, and financial modeling

Soft Skills

• Strong analytical mindset and keen attention to detail
• High ethical standards

Notice to all applicants:ORS Nasco is a drug-free workplace. Alcohol and drug misuse poses a threat to the health and safety of ORS Nasco employees and to the security of the company's equipment and facilities. For these reasons, ORS Nasco is committed to the elimination of drug and alcohol use and misuse in the workplace. Employees may be subject to drug screening if safety concerns arise or if reasonable suspicion is warranted.