Treasury Manager

Lawson Products, Inc.; Chicago (IL); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a motivated Treasury Manager to oversee financial assets and treasury operations. This role involves managing cash flow, debt, and financial risk while developing and implementing treasury strategies. The ideal candidate will have a strong background in treasury management, excellent analytical skills, and the ability to collaborate effectively with finance teams and external partners. With a flexible work-from-home policy and a comprehensive benefits package, this position offers a unique opportunity to make a significant impact in a dynamic environment.

Benefits

401k Plan

Vision Insurance

Dental Insurance

Medical Benefits

Paid Holidays

PTO Package

Qualifications

• 7+ years of treasury management experience required.
• Proficiency in treasury management software and Microsoft Office Suite.

Responsibilities

• Monitor daily cash across all entities and prepare cash flow reports.
• Develop cash forecasting models and manage funding needs.
• Collaborate with finance teams and manage banking relationships.

Skills

Treasury Management

Strategic Thinking

Problem-Solving

Analytical Skills

Project Management

Interpersonal Skills

Communication Skills

Education

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Economics

Tools

Treasury Management Software

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we partner with customers to make sure they have the right maintenance and repair parts on hand when needed.

We’re looking for a motivated Treasury Manager focused on managing DSG’s financial assets, liquidity, and treasury operations, effectively managing cash flow, debt, and financial risk. This individual will play a critical role in developing and implementing treasury strategies, policies, and procedures, collaborating with finance teams across the organization and external financial institutions to ensure efficient treasury operations.

This role will work from a home office, with the ability to utilize office space as needed. We offer 401k plus vision, dental and medical benefits, as well as a paid holiday and PTO package.

Responsibilities:

• Monitors and reports on daily available cash across all legal entities.
• Prepares monthly cash flow conversion report.
• Develops and implements cash forecasting models to monitor cash positions.
• Consolidates “unused” cash and develops plan to enhance/maximize investments.
• Manages daily borrowing/funding needs, including the determination of drawdowns at subsidiary companies.
• Monitors debt covenant compliance and prepares related calculations and certificates, in accordance with debt agreements.
• Assists with the oversight of international cash management account structures and bank providers.
• Collaborates with the tax team on global tax structures, providing input on capitalization, funding, repatriation and intercompany agreements.
• Evaluates investment risk at various financing organizations.
• Develops and maintains comprehensive cash flow, hedging program to manage currency risk.
• Assists with capital structure recommendations.
• Assists in the renewal of the credit facility revolver.
• Partners with the acquisition team to create pro forma leverage on anticipated acquisitions.
• Develops and maintains relationships with banking partners.
• Other duties, responsibilities, and qualifications may be assigned as necessary.

Qualifications & Requirements:

• Bachelor's degree in finance, accounting, economics, or related field required with a minimum of 7 years of treasury management experience, or an equivalent combination of education and experience. Proficiency in treasury management software.
• Strong strategic thinking and problem-solving skills, with excellent analytical and organizational skills
• Excellent project management skills with attention to detail and the ability to multi-task
• Team player with good interpersonal skills and the ability to influence others as well as build collaborative relationships
• Clear and professional oral and written communication skills, with the ability to communicate effectively with coworkers and management
• Proficiency with treasury software as well as knowledge of Microsoft Excel, Word, PowerPoint, and Outlook

Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.