City: Chicago
State/Province: IL
Country: United States
Division: Corporate
Job ID: 13605
Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we partner with customers to make sure they have the right maintenance and repair parts on hand when needed.
We’re looking for a motivated Treasury Manager focused on managing DSG’s financial assets, liquidity, and treasury operations, effectively managing cash flow, debt, and financial risk. This individual will play a critical role in developing and implementing treasury strategies, policies, and procedures, collaborating with finance teams across the organization and external financial institutions to ensure efficient treasury operations.
This role will work from a home office, with the ability to utilize office space as needed. We offer 401k plus vision, dental and medical benefits, as well as a paid holiday and PTO package.
Responsibilities:
- Monitors and reports on daily available cash across all legal entities.
- Prepares monthly cash flow conversion report.
- Develops and implements cash forecasting models to monitor cash positions.
- Consolidates “unused” cash and develops plan to enhance/maximize investments.
- Manages daily borrowing/funding needs, including the determination of drawdowns at subsidiary companies.
- Monitors debt covenant compliance and prepares related calculations and certificates, in accordance with debt agreements.
- Assists with the oversight of international cash management account structures and bank providers.
- Collaborates with the tax team on global tax structures, providing input on capitalization, funding, repatriation and intercompany agreements.
- Evaluates investment risk at various financing organizations.
- Develops and maintains comprehensive cash flow, hedging program to manage currency risk.
- Assists with capital structure recommendations.
- Assists in the renewal of the credit facility revolver.
- Partners with the acquisition team to create pro forma leverage on anticipated acquisitions.
- Develops and maintains relationships with banking partners.
- Other duties, responsibilities, and qualifications may be assigned as necessary.
Qualifications & Requirements:
- Bachelor's degree in finance, accounting, economics, or related field required with a minimum of 7 years of treasury management experience, or an equivalent combination of education and experience. Proficiency in treasury management software.
- Strong strategic thinking and problem-solving skills, with excellent analytical and organizational skills
- Excellent project management skills with attention to detail and the ability to multi-task
- Team player with good interpersonal skills and the ability to influence others as well as build collaborative relationships
- Clear and professional oral and written communication skills, with the ability to communicate effectively with coworkers and management
- Proficiency with treasury software as well as knowledge of Microsoft Excel, Word, PowerPoint, and Outlook
Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.