Treasury Manager - Hybrid Schedule - Deerfield, IL

ADP, Inc.; Deerfield (IL); Hybrid; USD 112,000 - 145,000; Full time

Job summary

Fielmann USA seeks a full-time Treasury Manager to lead daily treasury operations in our Deerfield, IL headquarters, operating on a hybrid schedule (3 days onsite, 2 remote).

You will manage cash positioning and forecasting, bank relationships, and the implementation of treasury technologies, while developing a small team and partnering with senior finance leadership to drive efficiency and control.

Qualifications

• Bachelor’s degree in finance, accounting, business or related field; MBA preferred.
• 4–7 years in treasury or cash management with bank relationships.
• Experience managing treasury across locations or entities.
• Strong controls, cash collection and reconciliation experience.
• Proficient in Excel, banking portals, and treasury systems.
• Experience leading a small treasury/finance team.

Responsibilities

• Lead daily cash positioning and liquidity across units and bank accounts.
• Oversee cash concentration, funding and rolling 13-week forecast.
• Streamline banking operations and manage bank accounts end-to-end.
• Support treasury tech: ERP cash module and TMS implementation.
• Lead, coach and develop a small treasury team; ensure controls.
• Collaborate with CFO and global stakeholders on liquidity and policy.

Skills

Treasury operations

Cash management

Forecasting

Banking relationships

Excel

Power BI

ERP/TMS knowledge

Education

Bachelor's in finance/accounting/business

MBA desired

Tools

Banking portals

TMS

Power BI

Excel

ERP system

Job description

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Treasury Manager - Hybrid Schedule - Deerfield, IL

Finance Full Time Management Deerfield, IL, US

3 days ago Requisition ID: 4396

Salary Range: $112,000.00 To $145,000.00 Annually

Fielmann USA is seeking a full-time Treasury Manager to join our team! This full-time position offers a hybrid work schedule (3 days onsite, with 2 days optional to work remote) and is based in our Deerfield, IL Corporate office.

This position will lead daily treasury operations for Fielmann USA, with responsibility for cash management, banking controls and cash collection across stores. Manage and develop a team while improving processes and the use of technology. Partner with the CFO and global finance stakeholders to strengthen treasury operations and support a treasury management system (TMS) for daily cash visibility and concentration. Build broader treasury leadership capabilities and experience under continuously evolving business needs.

Duties and Responsibilities:

CASH MANAGEMENT & FORECASTING

• Manage daily cash positioning and liquidity across operating units, legal entities and bank accounts
• Execute approved cash concentration and funding, maintaining operating balances and escalating liquidity risks
• Maintain a rolling cash forecast, including a 13-week view, and work with finance teams to explain variances

BANKING OPERATIONS & PAYMENT CONTROLS

• Work to streamline the banking operation to support a growing multi‑unit retail organization
• Manage bank accounts end‑to‑end: setup, changes, signatories and closures; standardize banking arrangements across units, optimize bank account treasury set up
• Maintain strong ACH, wire and banking access controls, including separate approvals, payment instruction verification, access reviews and fraud prevention
• Manage banking relationships and fees; simplify store cash collection, deposits and reconciliation levering technology and new processes

TREASURY TECHNOLOGY & GLOBAL COORDINATION

• Co‑lead the implementation of a cash reconciliation module in the ERP, in collaboration with the Controller
• Support global TMS evaluation and implementation, including requirements, bank connectivity, testing, training and rollout
• Partner with global treasury, IT, Tax and Legal on daily cash visibility and concentration, reflecting local requirements and cash transfer restrictions
• Use reporting and automation tools to improve data quality and reduce manual treasury work

TEAM LEADERSHIP & CONTROLS

• Lead, coach and develop a small team; set priorities, review work and build backup coverage while preserving separation of duties
• Maintain treasury procedures, control evidence and continuity plans; support audits and resolve findings
• Support the CFO with debt reporting, covenant monitoring, liquidity analysis and treasury policy development

COMPANY FINANCE & RISK RELATED PROGRAMS

• Partner with the CFO to administer and improve internal and customer‑facing finance programs, coordinating with third‑party providers and internal teams
• Support the Consumer / Customer Credit program and product Warranty administration program, both on third‑party platforms; support the CFO in streamlining and administrating the Corporate Purchasing Card program
• Monitor program activity and settlements , fees and exceptions

MINIMUM KNOWLEDGE, EXPERIENCE & SKILLS REQUIREMENTS:

• Bachelor’s degree in finance, accounting, business or related; MBA desired
• 4–7 years of progressive treasury or cash management experience, including direct responsibility for daily cash positioning, forecasting, banking relationships and payment controls, or equivalent depth of responsibility
• Experience owning treasury operations across multiple locations, business units or legal entities, with multiple bank accounts and recurring cash collection needs.
• Demonstrated success simplifying cash collection, deposits or reconciliation while maintaining strong controls
• Practical knowledge of US transaction banking, including ACH and applicable Nacha requirements, wires and Fedwire, bank setup and payment controls
• Strong Excel skills and experience with banking portals, cash forecasting and financial systems; comfortable adopting technology and automation
• At least two years directly managing a small treasury or finance operations team, including setting priorities, reviewing work, coaching and managing performance; sound judgment and effective cross-functional communication
• Proficiency in Microsoft Office Suite of programs

PREFERRED EXPERIENCE:

• Experience supporting a global organization, multicurrency cash reporting or intercompany funding
• Participation in a TMS implementation, bank connectivity project or other treasury systems improvement
• Experience in retail or another distributed service business; familiarity with third‑party finance platforms, purchasing cards, or tools such as Power Query and Power BI
• CTP designation or interest in pursuing it

ESSENTIAL FUNCTIONS & WORK REQUIREMENT:

• Ability to effectively communicate at all levels within the organization through written and two‑way verbal communication
• Able to sit or stand for extended periods of time
• Able to operate various office equipment (e.g., personal computer, telephone, fax machine, copier, etc.)
• Able to read and write at a high school graduate level
• Able to lift 10 to 20 pounds
• Able to work normal and/or extended (evenings, nights, and weekends) office hours to meet established deadlines
• Able to travel independently to support Company objectives and personal development