Manager, Corporate Treasury

*
* Title:

** Manager, Corporate Treasury

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* Location:

** United States-Illinois-Wood Dale

** Job Number:
** 18200

This role reports to the Director of Treasury and plays a key role in managing global treasury operations, including cash and liquidity management, receipts and disbursements, outgoing disbursements, financial cash reporting, reconciliations, bank account management, borrowings/investments, and banking relationships. The ideal candidate will be passionate about process improvement and automation and will contribute to the efficiency and accuracy of our treasury functions.

** This position is based at our Corporate Headquarters in Wood Dale, IL, with a planned relocation to the Merchandise Mart (Chicago) in early 2027.*
* ** What you will be responsible for:*
* + Actively manages the daily cash positioning function which includes disbursements, receipts, reconciliations, positive pay exceptions and balancing

+ Prepares and manages daily, weekly, and monthly reports on our global cash position

+ Monitors and analyzes the Company's daily cash position to cover cash commitments and coordinates daily cash borrowing/investments

+ Reviews and improves existing internal cash management procedure and schedules

+ Computes and documents debt covenant compliance along with forecasting

+ Input, review, approve and/or release electronic disbursements such as ACHs and wires

+ Develop and support Treasury policies, procedures and controls

+ Assists with AR Monetization Finance Program

+ Monitor and oversee domestic and international bank account services and signatories including bank account administration for opening, migrating, closing of bank accounts and KYC requirements

+ Responsible for daily bank coordination, with respect to Cash Management, Debt Management, AR Monetization and issuance and collections on letters of credit

+ Serve as a primary administrator for online banking/financial platforms ensuring users have the appropriate access

+ Lead banking integration projects resulting from acquisitions

+ Troubleshoot daily transactions issue and recommend process improvements

+ Prepare, review and maintain SOX compliance within the department, ensure proper controls over cash receipts, disbursements and general

** Treasury activities:*
* + Arranges foreign currency funding based on cash positioning needs

+ Apply incoming receipts to the appropriate customer and/or general ledger and one-off applications daily

+ Manage and administer our P-card, T/E Card and Credit Card programs

+ Adhere to month-end cut-off pertaining to Treasury schedules for reconciliations of all cash related accounts, month end processes and related journal entries

+ Assist in submitting and executing letters of credit, performance guarantees, bank guarantees and similar instruments based on business unit needs

+ Coordinates with bank personnel on all cash management matters while building positive banking relationships

+ Assists with debt and related interest expense/payments, debt compliance and other projects when needed

+ Act as a Treasury liaison with the business units, AP and AR operations in handling all banking matters and inquires

+ Support/collaborate with corporate accounting, corporate tax, financial planning, internal audit and other functions as they relate to Treasury

+ Lead and support treasury-related process improvement and automation initiatives

+ All other duties as assigned

Qualifications:

** What you need to be successful in this role:*
* + Bachelor of Arts degree (B.A.) or Bachelor of Science degree (B.S.) from four-year college or university; or eight years related experience and/or training; or equivalent combination of education and experience.

+  5 years of broad domestic and international cash management, bank account management, and Treasury responsibilities in a large or mid-size public corporation with emphasis on banking portals and user entitlements

+ Outstanding communication skills, particularly with bank officials and senior company personnel

+ Strong Excel background

+ CTP preferred

** The rewards of your career at AAR go far beyond just your salary:*
* -    Competitive salary and bonus package

-    Comprehensive benefits package including medical, dental, and vision coverage.

-    401(k) retirement plan with company match

-    Generous paid time off program

-    Professional development and career advancement opportunities

** Physical Demands/Work Environment:*
* The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

-    Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

-    While performing the duties of this job, the employee may be regularly required to sit, stand, bend, reach and move about the facility.

-    The environmental characteristic for this position is an office setting.

-    Candidates should be able to adapt to a traditional…