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Cash Operations Manager

JOB SNAPSHOT: 
Employee Type:  Full-Time
Location: 

Chicago, IL, US, 60601

Job Type:  Management
Secondary Location: 
Years of Experience: 

Position Summary:

The Cash Operations Manager role contributes to RSG’s success by ensuring an efficient Treasury structure to support its global operations by managing the Treasury Operations team and overseeing daily cash operations as well as treasury process improvements, strategic projects, and integration of acquisitions. The company has over 200 Bank Accounts both domestic and international. This role will support all aspects of Treasury Operations activities. This includes developing cash management banking solutions for all business segments of the company and supporting the cash forecasting modeling and process. The role will perform daily analyses and reporting to facilitate global management of cash operations and financial risk.

Essential Functions:

Team Development

  • Responsible for the goal setting and development of the Treasury Specialist and Contractors
  • Assign projects and direct staff to ensure compliance and accuracy
  • Manage performance review process including annual review of goals and periodic reporting for team

 

Operations

  • Facilitate the implementation of banking solutions that meet the needs of the domestic and international divisions of the Company by:
  • Gathering information and business requirements, conducting research and staying on top of business and information technology industry trends
  • Analyzing business needs
  • Managing/Execute the rollout of procedures, training and other communications
  • Execute the implementation of banking solutions for the company’s acquisitions
  • Execute the Treasury month-end close process including the review and accurate recording of treasury cash activity
  • Serve as a security administrator on all banking platforms and accounts
  • Review and approval of ACH and wire payments
  • Routinely supply the Senior Treasury manger with information, status, and metrics regarding business unit performance
  • Perform SOX compliant procedures and execute SOX testing per the company mandates

 

Forecasting & Risk Management

  • Ensure the compliance of Treasury policies, procedures, and controls
  • Oversee the daily corporate cash management, investment, and forecasting activities, including oversight of banking issues such as FX transactions, transaction research, positive pay, etc.
  • Oversee daily cash forecast and global cash position reporting

 

Relationship Management

  • Effectively work with and support internal business partners including Accounts Receivable, Accounts Payable, Legal, Tax/ Legal teams and IT
  • Maintain bank relationships and leverage existing relationships for all aspects of bank account services and signatories, including administration for opening, managing and closing accounts

Education/Experience/Skills:

  • Bachelor’s Degree in Finance, Accounting, Economics, or other business-related field.
  • Experience working in Information Systems (Knowledge of databases/sequel) or strong desire to learn
  • Minimum of 5 years of experience in Corporate Accounting / Treasury, or Cash Management / Treasury Sales within a Bank.
  • CTP strongly preferred.
  • Excellent communication skills in dealing with internal partners and the Company’s domestic and international banking partners. 
  • Strong knowledge of cash management functions and banking systems, including international payments, Swift network, and B2B payment & receivable solutions.
  • Experience in SOX compliance procedures is strongly preferred.
  • Must be able to prioritize multiple tasks and responsibilities to meet deadlines.
  • High level of self-motivation and attention to detail.
  • Ability to manage remote team.

Disclaimer

Ryan Specialty Group is an Equal Opportunity Employer


Nearest Major Market: Chicago

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