Treasury Manager

This role is hybrid on-site (3) days a week in Northbrook or Chicago, IL 

Reporting to the Senior Director & Assistant Treasurer, the Treasury Manager is responsible for the management of various treasury functions including the oversight and direction of UL Solutions’ Americas cash management function, provide treasury representation on various cross-functional teams, and supporting Treasury leadership with various initiatives. 

 

• Leads cash management process for the region. Supports treasury globally on cash concentration and consolidation goals and processes, including any Regional Cash Pools and Multi-Currency Notional Cash Pools
• Manages and coordinates in-region intercompany loans and settlements (including netting), dividends between UL entities and capital contributions.
• Manages the alignment and consolidation of bank activity for in-region entities.
• Manages bank account administration, the creation of wire transfers, and debt compliance analysis and reporting as applicable.
• Manages the analysis of treasury accounts and processes, recommends, and implements process improvements.
• Cash forecasting for in-region legal entities and at consolidated level to manage liquidity and bank facilities.
• Manage US debt draws, repayments, interest and fees
• Manages Bank fees and fee structure, daily cash position, and short-term investments
• Work on implementation of Kyriba and ongoing system administration
• Supports Finance and other functional management on various issue resolution.
• Represents Treasury on various cross-functional teams and provides support on company initiatives.
• Performs other duties as directed.

#LI-Hybrid

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• University Degree (Equivalent to bachelor’s degree) in Accounting/Finance.
• Minimum of (8) years of relevant experience 
• Ability to work effectively with other internal functions including Accounting, Tax, Legal, Insurance & Risk Management, international affiliates, etc. to ensure successful treasury initiatives.
• Excellent communication skills with experience working across multiple levels and functions. Ability to clearly communicate information and deliver presentations.
• Strong analytic, organizational and project management skills with a strong attention to detail.
• Proactive problem-solving skills including the ability to define possible issues and provide proactive solutions, working on cross-functional projects.
• Experience working in a global business environment with a sound understanding of global process and transactional flows.
• Basic knowledge and understanding of accounting theory and principles. Strong computer proficiency. Treasury workstation experience is preferred.

What you’ll experience working at UL:

• Mission: For UL Solutions, corporate and social responsibility isn’t new. Making the world a safer, more secure and sustainable place has been our business model for the last 130 years and is deeply engrained in everything we do.
• People: Ask any UL Solutions employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL Solutions. We’re able to deliver the best because we employ the best.
• Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
• Grow & achieve: We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
• Total Rewards: All employees at UL Solutions are eligible for bonus compensation. UL Solutions offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL Solutions contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

 

A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, t