Treasury Manager

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

Job summary

ORS Nasco in Elk Grove Village, IL is seeking a Treasury Manager to oversee cash flow forecasting, liquidity management, and treasury reporting. Hybrid role with a focus on optimizing working capital and coordinating across finance functions.

The successful candidate will lead daily cash models, manage bank relationships, and support pre-payments/imports, FX hedging, and quarterly reports. A strong background in ERP systems and advanced Excel is essential.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field
• Five or more years in corporate treasury, cash management, or banking
• 1–3 years in a supervisory or management role
• Experience managing ABL revolver loans and cash strategies
• Familiarity with FX and hedging
• ERP systems proficiency (Infor/NetSuite)
• Advanced Excel skills with financial modeling

Responsibilities

• Build and maintain daily, weekly, and monthly cash flow models.
• Monitor bank accounts, wire transfers, ZBAs, and short-term investments.
• Manage banking relationships and account administration.
• Collaborate with Sourcing for import pre-payments and reporting.
• Work with AR/AP to optimize cash collections and timing.
• Prepare executive dashboards, variance analyses, and bank reports.
• Support insurance and 401(k) audits.

Skills

Advanced Excel

Analytical mindset

Attention to detail

Strong ethics

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Master’s degree or MBA is a plus

Certified Treasury Professional (CTP) designation

Tools

Infor ERP

NetSuite ERP

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Treasury Manager

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

2 days ago Requisition ID: 1143

Salary: $100,000.00 Annually

Primary Purpose

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.

Notice to third-party agencies: ORS Nasco does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruiting Agreement, ORS Nasco will not consider or agree to payment for any referral compensation or recruiter fees. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, ORS Nasco explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of ORS Nasco.