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Treasury & Risk Supervisor

Job in Long Grove, Lake County, Illinois, 60049, USA
Listing for: MAT Friction
Full Time position
Listed on 2025-12-20
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Corporate Finance, Financial Analyst
Salary/Wage Range or Industry Benchmark: 85000 - 105000 USD Yearly USD 85000.00 105000.00 YEAR
Job Description & How to Apply Below

Company Description

If you're looking for a special place to build or grow your career, you've found it. Whether you're an experienced professional, a recent graduate, or somewhere in between, MAT Holdings is where you can apply your skills, learn new ones, and make a real impact.

With more than 14,000 employees across 12 countries and over 40 locations worldwide, MAT offers exciting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more. Headquartered in Long Grove, IL, our global footprint includes 2.1 million square feet of U.S. distribution and manufacturing space and 40+ factories across three continents.

At MAT, we don’t just make things happen—we ensure it happens with excellence. From engineering and logistics to marketing and customer service, we maintain consistent expertise across the entire supply chain. Join us and be part of a team where your creativity and contributions help shape the future of global manufacturing.

Benefits
  • MAT Holdings Inc. and its subsidiaries offer a complete benefits package that includes medical, dental, vision, and disability insurance after 60 days of employment
  • Paid Time Off (PTO), including paid vacation, sick days, and paid holidays
  • 401k Retirement Plan + Company Match
  • Career Advancement Program, training and development
  • Wellness Programs, including fitness reimbursements and mental health support
  • Health Savings Account (HSA) and Flexible Spending Accounts (FSA)
  • Voluntary Life / AD&D , Employer Provided Life/AD&D
Job Description

The Treasury & Risk Supervisor will be responsible for the day-to-day treasury and insurance-related functions for MAT Holdings, Inc. (the Company) and will manage two analysts.

Principle Responsibilities Treasury
  • Facilitates bank activities (e.g., release of funds & template maintenance) and general account maintenance such as opening and closing accounts, updating authorized signers, KYC requests, etc.
  • Coordinates & maintains borrowing and leasing arrangements with banks, including ensuring adherence to debt compliance requirements.
  • Cash forecasting and treasury reporting activities on a timely and accurate basis.
  • Maintains log of intercompany loans & transfers.
  • Supports quarterly and annual bank reporting & financial audit preparation.
  • Oversees foreign exchange hedging policy compliance
  • Administers the corporate credit card program and adheres to its policies.
Risk
  • Supports the annual renewal of the corporate insurance programs by compiling underwriting information.
  • Provides regular status updates to stakeholders and allocate premiums across all subsidiary companies.
  • Conducts policy audits.
  • Collects, investigates, track progress, and maintain data for all liability and property claims, as well as monitor deductible invoice amounts paid to carriers.
  • Assist with loss control planning and tracking of recommendations.
  • Prepares insurance carrier underwriting presentation material (e.g., PPT).
Qualifications
  • Highly motivated, self‑directed, and innovative.
  • Able to work both independently and in collaboration with teams.
  • Adaptive problem solver who effectively and efficiently navigates changes and challenges.
  • Excellent written, oral, and interpersonal communication skills with the ability to build relationships at all levels, both internally and externally.
  • Thoroughly, with great attention to detail, while still meeting deadlines.
  • Proficient in Microsoft Office (Outlook, Excel, Word, PowerPoint).
  • Process‑oriented with the ability to identify issues, evaluate alternatives, and implement solutions.
  • Operates with a high level of professionalism, integrity, and confidentiality.
Education/Experience
  • Bachelor’s degree in Finance, Accounting, or a similar field of study
  • 4+ years of Treasury, Finance, or Risk-related experience preferred

The posted salary range for this position is $85,000 to $105,000 annually. Final compensation will be determined based on the candidate’s skills, experience, and qualifications.

All your information will be kept confidential according to EEO guidelines. This is a full-time, direct-hire position.

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