Treasury Manager

Cars.com LLC; Illinois; Hybrid; USD 93,100 - 114,050; Full time

Benefits offered by this job

Medical, Dental & Vision Healthcare Plans

Generous PTO

Paid Holidays

New Hire Stipend for Home Office

Job summary

Cars.com LLC is seeking a Treasury Manager in Illinois. This role will oversee cash forecasting and manage corporate banking relationships, along with executing financial compliance. The ideal candidate will have a Bachelor’s in Finance and over 7 years of relevant experience.

The salary range for this full-time position is between $93,100 and $114,050, complemented by a comprehensive benefits package including healthcare, PTO, and other perks.

Qualifications

• 7+ years of experience in a Treasury role.
• Strong knowledge of debt markets.
• Self-starter with ownership and prioritization skills.

Responsibilities

• Ownership of cash reporting and cash forecasting.
• Management and servicing of outstanding debt.
• Management of corporate banking relationships.

Skills

Analytical skills

Modeling skills

Communication skills

Attention to detail

MS Office (Excel)

Team collaboration

Education

Bachelor’s degree in Accounting, Finance or related field

Tools

Google Workspace

Job description

The Treasury Manager is part of Team Finance, reporting to the SVP, Treasury and Controller. The person in this role shall develop an in-depth understanding of the business in order to provide meaningful analysis of historical cash flow and accurately project future cash flows. This person shall understand and use different valuation methodologies to assist in evaluating and making recommendations for capital allocation alternatives for our $700MM+ business. The Treasury Manager shall manage and support financings, debt servicing and compliance, risk management, capital allocation and assist in maintaining relationships with ratings agencies and insurance providers.

The ideal candidate will reside in the Chicagoland area.

Responsibilities

• Ownership of cash reporting and short‑term and long‑term cash forecasting.
• Management, servicing and tracking of outstanding debt, share repurchases and other capital allocation strategies, including debt refinancing.
• Responsible for managing corporate banking relationships, including accounts and payment methods.
• Manage Share Repurchase Program and execution per management direction and approval.
• Manage confirmation and settlement of FX transactions.
• Develop and assist in maintaining relationships with bank group, rating agencies and bondholders including periodic discussions and preparation of materials for meetings or conferences.
• Evaluate and recommend investment options and financial instruments that will meet the organization’s treasury objectives in compliance with Corporate Financial Policy.
• Manage quarterly, annual and incurrence‑based debt compliance.
• Support annual insurance renewal process.
• Support long‑term planning efforts tied to capital allocation alternatives.
• Quarterly contributions to the 10Q/10K and other public disclosures.
• Execute, adhere and monitor compliance to Treasury policies.
• Responsible for the execution of Treasury related internal controls that are integral to compliance with Sarbanes Oxley requirements.
• Other duties and special projects.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• 7+ years of experience in a Treasury role.
• Strong analytical ability and modeling skills, particularly related to cash flow forecasting.
• Attention to detail, accuracy and quality assurance is a must and critical to be successful in this role.
• Strong oral and written communication skills with the ability to effectively interact with all levels of the Company, including senior leadership.
• Working knowledge of debt markets and related extensive experience, including refinancing experience.
• Self‑starter with a strong sense of ownership and ability to prioritize work with the ability to adapt to the changing needs of the company.
• Positive, collaborative, and approachable work style to enable success in working cross‑functionally.
• Ability to multi‑task in a deadline‑oriented environment.
• Ability to work independently as well as effectively within a team.
• Strong knowledge of MS Office (especially Excel) and Google Workspace.

Salary & Benefits

In the spirit of pay transparency, we are excited to share the base salary range for this position. Regular full‑time positions are eligible for our comprehensive benefits package. If the salary range is close to what you're seeking, then we encourage you to apply and learn more about the total compensation package for this position.

Salary Range: $93,100.00 – $114,050.00

Our Comprehensive Benefits Package includes:

• Medical, Dental & Vision Healthcare Plans.
• New Hire Stipend for Home Office Set‑Up.
• Generous PTO.
• Refuel – a service‑based recognition program where employees receive additional paid time away to learn, grow and reset.
• Paid Holidays, Floating Holiday, Volunteer Day, Recharge Day.

Legal & Eligibility

Applicants must be authorized to work in the United States. We do not sponsor employment visas.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.