AREA OF INTEREST: Finance & Accounting POSITION TYPE: Full-time
Job Title: Treasury Manager
About the Company
Following the 2019 merger of Anvil International and Smith-Cooper International, our unified company relaunched in March 2021 as ASC Engineered Solutions. Under a single name and logo, ASC Engineered Solutions continues our focus on improving the customer experience every day and striving to deliver service excellence. For more than 150 years we have provided the finest-quality pipe products and services with integrity and dedication to superior customer service at all levels. ASC Engineered Solutions provides expertise and product solutions for a wide range of applications, from plumbing and mechanical, HVAC, industrial and fire protection to mining, and oil and gas. Our comprehensive line of products includes: pipe couplings, plain-end fittings, valves, cast and malleable iron fittings, forged steel fittings, steel pipe nipples and couplings, pipe hangers and hardware, channel and strut fittings, mining and oil field fittings, and much more.
The Treasury Manager will be based out of our Oak Brook IL headquarters and reporting to the VP Treasury. The Treasury Manager is an important financial leadership position with global responsibilities in treasury operations, bank relationship management, policy, process improvement, and financial controls. You will implement commonly accepted best practices and establish a culture of accountability for robust financial controls.
How You Will Help:
Oversee daily cash positioning activities including managing daily liquidity and bank reporting
Manage all bank account administration, including the organization and maintenance of banks, bank accounts, bank contacts, account signers, and Company-assigned powers of attorney
Prepare and report rolling 13-week liquidity forecasts by market
Support administration of corporate credit card program on an as-need basis
Manage the letter of credit portfolio
Draft, implement, and maintain policies and procedures for cash operations, bank account administration, short-term investments, and electronic banking
Provide inputs and insights into working capital and balance sheet budgeting and forecasting processes
Identify opportunities and implement treasury-related business process improvements
Review, approve and release electronic disbursements
Develop and support treasury policies, procedures and controls
Support special projects and acquisitions as assigned
Promote a safe workplace by performing all tasks in a safe and thoughtful manner in compliance with all rules, procedures, instructions, devices, equipment and use of appropriate personal protective equipment. Maintain vigilance for any hazardous conditions or practices in the workplace and immediately report any unsafe condition or practice to your supervisor.
Support annual Group insurance renewal and oversee daily request for certificates
Performs other duties as directed
What You Will Have:
Minimum 3 to 5 years of experience in finance and global treasury operations with a track record of increased responsibilities
Bachelor's degree in accounting, business, management or finance required
Proficient in MS Office Suite including advanced Excel and PowerPoint
Knowledge of general treasury, forecasting, budgeting, and related accounting
Strong financial modeling
Familiarity with financial instruments, credit facilities and treasury best practices
