What are the responsibilities and job description for the Manager, Treasury - Finance position at Natus Sensory?
FOR MORE THAN 80 YEARS, Natus has been committed to serving the varying needs of clinicians, delivering the highest-quality solutions to raise the standard of care for patients everywhere.
Our comprehensive diagnostic and therapeutic sensory solutions are designed to simplify workflows for sensory specialists, ensuring care teams have the right instrumentation to give patients the right support — and greater peace of mind.
Job Function: Finance and Accounting
Job Family: Treasury
Location: Schaumburg, Illinois
Position Summary
The Global Treasury Manager is responsible for overseeing the organization’s global banking infrastructure, ensuring efficient cash management, and optimizing liquidity across all regions. This role will lead initiatives related to global bank account administration, cash pooling oversight, forecasting cash needs, and managing business insurance programs and annual renewals to support operational and strategic objectives.
Key Responsibilities
Global Bank Account Management
Liquidity Optimization
Maintain global cash pooling efficiency with less than X% idle cash.
Cash Forecast Accuracy
Achieve ≥95% accuracy in short-term cash flow forecasts.
Bank Account Management
Ensure 100% compliance with internal controls and regulatory requirements for all accounts.
Insurance Program Management
Complete annual renewals on time with cost savings or coverage improvements compared to prior year.
Cost Efficiency
Reduce banking and insurance-related costs by X% year-over-year.
Process Improvement
Implement at least two automation or process improvement initiatives annually.
Risk Management
Maintain FX exposure within approved policy limits and ensure timely execution of hedging strategies.
Pay Transparency Details: The actual base pay offered will vary depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Natus, it is not typical for an individual to be hired at or near the top end of the range.
What We Offer!
Natus is an Equal Employment Opportunity Employer. The Company’s policy is not to discriminate against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age, disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws. Natus also prohibits harassment of applicants based on any of these protected categories. It is also Natus’ policy to comply with all applicable federal, state, and local laws respecting consideration of unemployment status in making hiring decisions.
Our comprehensive diagnostic and therapeutic sensory solutions are designed to simplify workflows for sensory specialists, ensuring care teams have the right instrumentation to give patients the right support — and greater peace of mind.
Job Function: Finance and Accounting
Job Family: Treasury
Location: Schaumburg, Illinois
Position Summary
The Global Treasury Manager is responsible for overseeing the organization’s global banking infrastructure, ensuring efficient cash management, and optimizing liquidity across all regions. This role will lead initiatives related to global bank account administration, cash pooling oversight, forecasting cash needs, and managing business insurance programs and annual renewals to support operational and strategic objectives.
Key Responsibilities
Global Bank Account Management
- Maintain and monitor all global bank accounts, ensuring compliance with internal controls and regulatory requirements.
- Negotiate banking terms and manage relationships with global banking partners.
- Implement and manage global cash pooling structures to optimize liquidity and minimize idle cash.
- Monitor intercompany funding and ensure efficient utilization of cash resources.
- Develop and maintain short-term and long-term cash flow forecasts across all regions.
- Collaborate with FP&A and business units to anticipate cash needs and align with strategic plans.
- Oversee global business insurance programs, including property, liability, and specialty coverage.
- Manage annual insurance renewals, ensuring competitive pricing and adequate coverage.
- Liaise with brokers and insurers to negotiate terms and resolve claims.
- Ensure adherence to treasury policies and local regulatory requirements.
- Timely execution and management of hedging strategies, if needed
- Drive automation and process improvements in treasury operations.
- Evaluate and implement treasury management systems and tools.
- Bachelor’s degree in Finance, Accounting, or related field; MBA or CFA preferred.
- 5 years of treasury or corporate finance experience in a global environment.
- Strong knowledge of cash pooling, liquidity management, banking regulations, and insurance programs.
- Excellent analytical, communication, and stakeholder management skills.
Liquidity Optimization
Maintain global cash pooling efficiency with less than X% idle cash.
Cash Forecast Accuracy
Achieve ≥95% accuracy in short-term cash flow forecasts.
Bank Account Management
Ensure 100% compliance with internal controls and regulatory requirements for all accounts.
Insurance Program Management
Complete annual renewals on time with cost savings or coverage improvements compared to prior year.
Cost Efficiency
Reduce banking and insurance-related costs by X% year-over-year.
Process Improvement
Implement at least two automation or process improvement initiatives annually.
Risk Management
Maintain FX exposure within approved policy limits and ensure timely execution of hedging strategies.
Pay Transparency Details: The actual base pay offered will vary depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Natus, it is not typical for an individual to be hired at or near the top end of the range.
What We Offer!
- Medical Plans
- Wellness Program
- Dental & Vision Benefits
- EAP Services
- Legal Services
- 401(k)
- 4 weeks of PTO
- 2 Floating Holidays
- 7 Company Holidays
- HSAs (Employer HSA contribution available, dependent on plan selection.)
- Dependent Care FSA
- Disability Benefits,
- Life Insurance Benefits
- Tuition reimbursement and more!
Natus is an Equal Employment Opportunity Employer. The Company’s policy is not to discriminate against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age, disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws. Natus also prohibits harassment of applicants based on any of these protected categories. It is also Natus’ policy to comply with all applicable federal, state, and local laws respecting consideration of unemployment status in making hiring decisions.