Treasury Manager

Treasury Manager

The Global Treasury Manager is primarily responsible for the day-to-day operations of Cushman and Wakefield's treasury operations including cash forecasting and liquidity management, execution of intercompany loan portfolio transactions, foreign currency trade execution, foreign currency exposure management, Letters of Credit issuance and management of bank accounts and banking relationships in the Americas. This position is currently on a hybrid schedule in our downtown Chicago office.

Responsibilities

• Owns the entire suite of Treasury operations and associated cash management for the Americas region.
• Produces entity level cash forecasting and timely liquidity provisioning to ensure on-going commercial operations while minimizing working capital and tax obligations.
• Acts as the global administration / subject matter expert of the intercompany loan portfolio to ensure all loan transactions are executed and recorded timely. Ensures all loan documentation is current and optimized for tax considerations and accounting compliance.
• Is a key contributor to forecasting and managing foreign currency exposure for C&W's global operations including foreign currency cash balances, intercompany loan balances, net monthly netting transactions and other non-functional balance sheet exposure. Actively manages FX exposure through a portfolio of primarily short-dated derivatives including trade ticket entry, trade execution and settlement using FXall.
• Maintains banking relationships and ensures all bank account documentation, including KYC, is provided to banks. Seeks opportunities to reduce bank account footprint and optimize banking fees.
• Responsible for maintenance (additions, deletions, and updates) of bank accounts, intercompany loan portfolio, FX trades, bank guarantees, LCs, and other areas as necessary in the TMS.
• Owns the process for issuance of international bank guarantees and letters of credit.
• Collaborates to determine optimal funding and legal entity structures for M&A transactions and corporate restructuring; owns execution of Treasury steps to accomplish desired outcomes.
• Actively participates and owns steps in fiscal close and the control environment including, but not limited to, derivative mark to market and intercompany loan portfolio reporting and reconciliation. Actively collaborates with other departments to accomplish fiscal close and performs additional duties as needed.
• Maintains existing TMS and related processes while actively challenging the status quo, seeking, and supporting opportunities to automate additional manual processes.

Qualifications

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements. The compensation for the position is : $102,000.00 - $120,000.00.

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated. In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.