Treasury Manager

AIT Worldwide Logistics; Itasca (IL); On-site; USD 107,000 - 155,000; Full time

Job summary

An established industry player is seeking a Treasury Manager to lead their Corporate Treasury team. This role involves managing cash flow, overseeing banking operations, and ensuring liquidity across corporate accounts. The ideal candidate will bring extensive experience in treasury management and a strong leadership presence. Join a dynamic team that values problem-solving and innovation, where your contributions will directly impact the company's financial health. If you're ready to take on a pivotal role in a collaborative environment, this is the opportunity for you.

Benefits

Medical and Dental Insurance

401(k) Plan

Tuition Reimbursement

Paid Parental Leave

Flexible Spending Accounts

Pet Insurance

Vacation Days

Sick Days

Volunteer Hours

Company Holidays

Qualifications

• 5+ years of experience in treasury or finance roles.
• Strong leadership and team management skills required.

Responsibilities

• Manage daily cash outflows and bank account activities.
• Oversee corporate banking operations and ensure compliance.

Skills

Treasury management

Cash flow management

Leadership

MS Office (Excel, Word, PowerPoint)

Education

Bachelor's Degree in Finance or Accounting

Tools

AS400

Cargo Wise

Job description

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Join us at AIT, where we believe every day presents an opportunity to make a global impact!

We’re problem solvers, driven by our curiosity and creativity, in endless pursuit of solutions for our customers. Together, we champion the strength of our global teams. And, as trusted advisors, we go above and beyond, working together in a supportive and collaborative environment to ensure customer satisfaction.

Through the company's continued growth, we challenge ourselves to be better, continuously learning and growing in our dynamic environment. Helping others is at the core of our culture, join us in finding fulfillment by giving back to our local communities as the united team that is AIT. Find out what our people deliver. means when you come move the world with us! Hear directly from our teammates at AIT Worldwide Logistics and make us the next stop on your career journey.

Overview

The Treasury Manager is responsible for managing the Corporate Treasury team and helping to establish global banking oversight. The Treasury department's primary responsibilities include administering the corporate banking operations, managing multiple cash disbursement processes, ensuring adequate liquidity of corporate non-ZBA bank accounts, and monitoring cash positions of overseas subsidiaries.

This position will be responsible for managing the Corporate Treasury team's day-to-day functions. In addition, this role will be viewed as a treasury subject matter expert and expected to be a key contributor to all treasury related projects, lead global banking initiatives and help develop global cash reporting & cashflow forecasts.

Responsibilities

• Manages a team of treasury agents ensuring that tasks are handled efficiently and accurately in accordance with the company policies and set procedures.
• Conducts performance reviews, team goal setting, coaches and mentors' staff as needed and handles the hiring and training of new employees as needed.
• Manages the day-to-day cash outflows and on all bank accounts, ensures that non ZBA and concentration accounts are kept funded. Acts as a liaison to accounting and business units to ensure all cash activity is recorded appropriately on the accounting ERP systems. Oversees daily cash flow and keeps track of cash forecast reporting.
• Manages the company banking activities, this can include managing check exceptions reports, bank verifications, using online banking systems, maintaining bank statements, analyzing bank fees and implementing banking-related changes as needed.
• Establish, co-ordinates and maintains global banking oversight over all AIT bank accounts.
• Acts as primary contact for company banking activities and merchant services.
• Maintains and supports bank account management including signatory updates, securing KYC requirements, user portal administrator, ensuring that all accounts are up to date with correct information and valid users.
• Leads opening and closing on company domestic and global bank accounts.

The wage range for this position is $107,300.00-$154,400.00 and may vary based on geography as well as relative knowledge, skills, abilities, and experience

Qualifications

Education

• Bachelor's Degree Finance, Accounting, or related experience (Required)

Experience

• 5+ years of wide-ranging experience in a treasury or finance related function with responsibilities for daily cash management and cash flows. (Required)

Knowledge, Skills, And Abilities

• Previous experience with AS400 and Cargo Wise a plus! High
• Advance knowledge of MS Office including Excel, Word and PowerPoint High
• Treasury administration and leadership experience required. High

Licenses and Certifications

• Certified Treasury Professional (CTP)-AFP - (Preferred) or
• Certified Public Accountant (CPA) - (Preferred)

What AIT Can Offer You

In addition to your base compensation, you may be eligible for a bonus based on achievement of business and/or individual performance metrics (dependent on position). Benefits offered include Medical, Prescription, Health Savings Account, Flexible Spending Accounts, Dental, Vision, Life, AD&D, Disability, Supplemental Health, Employee Support, Paid Parental Leave, Pet Insurance, 401(k) and Tuition Reimbursement. In addition, teammates may be eligible for up to 10 to 20 days of vacation (depending on tenure), 2 personal days, 1 floating holiday, 5 sick days, 5 volunteer hours, and 6 company holidays (plus Veterans Day for Veterans) annually.

About AIT Worldwide

AIT Worldwide Logistics is a global freight forwarder that helps companies grow by expanding access to markets all over the world where they can sell and/or procure their raw materials, components and finished goods. For more than 40 years, the Chicago-based supply chain solutions leader has relied on a consultative approach to build a global network and trusted partnerships in nearly every industry, including aerospace, automotive, consumer retail, energy, food, government, high-tech, industrial, life sciences and marine. Backed by scalable, user-friendly technology, AIT’s flexible business model customizes door-to-door deliveries via sea, air, ground and rail—on time and on budget. With expert teammates staffing more than 150 worldwide locations in Asia, Europe and North America, AIT’s full-service options also include customs clearance, warehouse management and white glove services.

AIT Worldwide Logistics is an Equal Opportunity Employer – M/F/Veterans/Disabled. If you are unable to apply online due to a disability, contact Human Resources at 630-766-8300 ext 5218.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Truck Transportation

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