CB Insights

Treasury Manager

CB Insights • $90K — $120K *
Chicago, IL 60629In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance/accounting plus six years of related experience
  • Demonstrated ability to supervise and motivate a team
  • Proficient in Microsoft Office Suite
  • Strong organizational, problem-solving, and analytical skills
  • Excellent written and verbal communication skills
  • Acute attention to detail
  • Strong interpersonal and customer service skills

Responsibilities

  • Manage the credit approval process and assess customer creditworthiness
  • Assist in cash flow forecasting to address short-term liquidity needs
  • Analyze variances in cash flow forecasts and provide financial insights
  • Respond to credit inquiries and manage collection reports
  • Develop and implement credit policies, while overseeing the credit team

Benefits

  • Competitive Base Salary
  • Performance Bonus
  • 401(k) with Match
  • Medical, Dental, and Vision Insurance
  • Hybrid Work Flexibility
  • Paid Time Off
Full Job Description
CORE RESPONSIBILITIES

Treasury Manager is responsible for managing the organization's credit activities and department as well as assist with Cash Management and Cash Forecasting.
  • Manages credit approval process, including but not limited to processing credit applications and initiating inquiries into customer's bank and trade references.
  • Assesses the creditworthiness of potential customers, including establishing payment terms and credit limits; handles special credit arrangements and deviations from standard terms of payment.
  • Assist with the development of cash flow forecasts including projected receivable/payable activity to anticipate short term liquidity needs.
  • Analyze forecasted variances including trends and deviations between actual and forecast cash flows and provide insights to aid in decision making around funding and cash allocation.
  • Provide necessary financial information to ensure compliance with bank agreements.
  • Direct follow-up on customer short pay or billing disputes.
  • Responds to credit inquiries from other companies.
  • Maintains customer payment histories and adjusts customer credit limits and terms as necessary.
  • Reviews the DSO, aging report and coordinates collection of past due amounts.
  • Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
  • Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity. Assist with investigation of discrepancies.
  • Establishes and maintains customer credit files and/or database; continually reviews customers' credit histories and adjusts customer credit limits and terms as necessary.
  • Reviews collections reports to ascertain status of collections and outstanding balances and to evaluate effectiveness of current collection policies and procedures.
  • Audits delinquent accounts to ensure maximum efforts have been taken before assigning bad debt status to account.
  • Assists with the establishment and implementation of credit policy; recommends adjustments as needed.
  • Ensure liens as well as bonds are in place were appropriate.
  • Establishes and implements procedures to achieve monthly collection goals; monitors collection activities and assists when appropriate.
  • Interfaces with appropriate personnel and managers to exchange information and update records and collaborate cross-functionally.
  • Establishes, implements, and monitors credit policy; makes and communicates adjustments as needed.
  • Hires, trains, supervises, motivates, and develops credit team
  • Assigns duties and monitors quality of work; assures staff conforms to organizational policies and procedures and government regulations.
  • Provides day-to-day guidance and oversight of subordinates; actively works to promote and recognize performance.
  • Keeps up to date on overall activities of the team, identifying problem areas and taking corrective actions.
  • Composes reports detailing the degree of risk involved in credit request; recommends approval or denial based on results.
  • Sets minimum or maximum terms of repayment for customers based on earnings, savings data, payment history, and purchase activity.
  • Resolves customer complaints and verifies transactions through consultation.
  • Bachelor's degree in finance/accounting plus six years related experience


QUALIFICATIONS

Required
  • Demonstrated ability to supervise and motivate subordinates
  • Proficient in Microsoft Office Suite
  • Strong organizational, problem-solving, and analytical skills


  • Bachelor's degree in finance/accounting plus six years related experience
  • Acute attention to detail
  • Strong interpersonal and customer service skills
  • Good judgement with the ability to make timely and sound decisions


  • Excellent written and verbal communication skills


  • Working knowledge of data collection, data analysis, evaluation, and scientific method


  • Solid understanding of general business concepts

Cultural Fit & Attributes
  • Driven, disciplined, and results-oriented with a hunter mentality.
  • Committed to process excellence, accountability, and continuous improvement.
  • Collaborative team player who leverages internal and external partnerships to win.
  • Embodies Banner Solutions' values of Courtesy, Respect, Quality, Professionalism, and Discipline.

COMPENSATION & BENEFITS

Competitive Base Salary

•

Performance Bonus

•

401(k) + Match

•

Medical / Dental / Vision

•

Hybrid Flexibility

•

Paid Time Off

•

The job description is not an exhaustive listing of all responsibilities and may be revised at any time.

About CB Insights

CB Insights is a software and technology company that provides market intelligence and analysis to venture capitalists, corporate strategy and innovation teams, and investment bankers. The company's software platform provides data-driven insights on emerging technologies, startups, and venture capital trends. CB Insights' customers include Cisco, Salesforce, and American Express.
Learn more about CB Insights
Size
200 employees
Industry
Information Technology
* Ladders Estimates

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