Treasury Manager

Reposted 3 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
93K-114K Annually
Senior level
Automotive • Digital Media • eCommerce • Information Technology • Marketing Tech
The Role
The Treasury Manager will manage cash reporting, debt servicing, risk management, and corporate banking relationships to optimize capital allocation.
Summary Generated by Built In

Be essential at Cars Commerce

At Cars Commerce, we’re fanatical about simplifying everything about car buying and selling. We do right by our customers and consumers to better connect the industry with simplified and tierless technology to enhance, measure and drive local automotive retail. Whether through our No.1 most recognized marketplace, Cars.com, our industry-leading digital experience, Dealer Inspire, our trade and appraisal technology, AccuTrade, our reputation-based digital wholesale auction marketplace, Dealerclub, or our new Cars Commerce Media Network, Cars Commerce is essential for success in the automotive industry.

No one ever travels alone here: at its core, Cars Commerce is collaboration. In fact, it’s built into the very fabric of our shared values. We like to say we Rise Together – putting people at the center of what we do, from consumer to customer to community. Life at Cars Commerce makes it easy when we share the ethos to be Open to All, encouraging open-minded communication because we know diverse thinking yields better outcomes. But critical to our success is Caring to Challengeand Taking Ownership, fueling a competitive spirit in a respectful environment where we think about tomorrow but act today. At our foundation, we have integrity, Doing the Right Thing, even when it’s hard. It’s our shared commitment to these values that makes Cars Commerce a place where growth becomes not only possible, but downright unavoidable.

But don’t take our word for it. As a U.S. News & World Report Best Company to Work For in 2024, we're obsessive about the employee experience. We are among the top 20% being declared “Best” of our industry based on six critical factors that are important to employee wellbeing, like quality of pay, benefits, work life balance and more.

The Treasury Manager is part of Team Finance, reporting to the SVP, Treasury and Controller. The person in this role shall develop an in-depth understanding of the business in order to provide meaningful analysis of historical cash flow and accurately project future cash flows. This person shall understand and use different valuation methodologies to assist in evaluating and making recommendations for capital allocation alternatives for our $700MM+ business. The Treasury Manager shall manage and support financings, debt servicing and compliance, risk management, capital allocation and assist in maintaining relationships with ratings agencies and insurance providers.

The ideal candidate will reside in the Chicagoland area.

Responsibilities Include:

  • Ownership of cash reporting and short-term and long-term cash forecasting

  • Management, servicing and tracking of outstanding debt, share repurchases and other capital allocation strategies, including debt refinancing 

  • Responsible for managing corporate banking relationships, including accounts and payment methods

  • Manage Share Repurchase Program and execution per management direction and approval

  • Manage confirmation and settlement of FX transactions

  • Develop and assist in maintaining relationships with bank group, rating agencies and bondholders including periodic discussions and preparation of materials for meetings or conferences

  • Evaluate and recommend investment options and financial instruments that will meet the organization’s treasury objectives in compliance with Corporate Financial Policy.

  • Manage quarterly, annual and incurrence-based debt compliance

  • Support annual insurance renewal process

  • Support long-term planning efforts tied to capital allocation alternatives

  • Quarterly contributions to the 10Q/10K and other public disclosures

  • Execute, adhere and monitor compliance to Treasury policies

  • Responsible for the execution of Treasury related internal controls that are integral to compliance with Sarbanes Oxley requirements

  • Other duties and special projects

Requirements:

  • Bachelor’s degree in Accounting, Finance or related field

  • 7+ years of experience in a Treasury role 

  • Strong analytical ability and modeling skills, particularly related to cash flow forecasting

  • Attention to detail, accuracy and quality assurance is a must and critical to be successful in this role

  • Strong oral and written communication skills with the ability to effectively interact with all levels of the Company, including senior leadership

  • Working knowledge of debt markets and related extensive experience, including refinancing experience 

  • Self-starter with a strong sense of ownership and ability to prioritize work with the ability to adapt to the changing needs of the company

  • Positive, collaborative, and approachable work style to enable success in working cross functionally

  • Ability to multi-task in a deadline-oriented environment

  • Ability to work independently as well as effectively within a team

  • Strong knowledge of MS Office (especially excel) and Google Workspace

#LI-EJ

#LI-Remote

Salary Range

$93,100.00-114,050.00

Our Comprehensive Benefits Package includes:

  • Medical, Dental & Vision Healthcare Plans

  • New Hire Stipend for Home Office Set-Up

  • Generous PTO

  • Refuel - a service based recognition program where employees receive additional paid time away to learn grow and reset

  • Paid Holidays, Floating Holiday, Volunteer Day, Recharge Day

Learn more about our Benefits, Perks, & Culture on our LinkedIn Life Pages!

For US-based Positions: Applicants must be authorized to work in the United States. Please note that we are unable to sponsor employment visas at this time.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. California Applicants: Click here to review our California Privacy Policy for Applicants. For current employees, please click here to review our California Privacy Policy for Employees.

Top Skills

Google Workspace
MS Office
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chicago, IL
1,600 Employees
Year Founded: 1998

What We Do

Cars Commerce is an audience-driven technology company empowering automotive that simplifies everything about buying and selling cars. The Cars Commerce platform includes the flagship automotive marketplace and dealer reputation site Cars.com, innovative digital marketing technology and services from Dealer Inspire, industry-leading trade-in and appraisal technology from Accu-Trade, an exclusive in-market media network, and powerful and predictive AI technologies that enable more efficient and profitable retail operations. Cars Commerce is the essential partner to stay one step ahead in automotive.

Cars.com properties include DealerRater®, Dealer Inspire®, Auto.com™, PickupTrucks.com® and NewCars.com®. For more information, visit www.Cars.com.

Gallery

Gallery

Similar Jobs

ecoATM Gazelle Logo ecoATM Gazelle

Senior Treasury Manager

eCommerce • Retail • Software • Automation
Remote
USA
135K-145K

Johnson & Johnson Logo Johnson & Johnson

Project Manager

Healthtech • Pharmaceutical • Manufacturing
In-Office or Remote
2 Locations
100K-174K Annually
Remote or Hybrid
8 Locations
In-Office or Remote
Chicago, IL, USA
85K-85K

Similar Companies Hiring

ClickMint Thumbnail
Marketing Tech • Generative AI • eCommerce • AdTech
Malibu, CA
7 Employees
Standard Template Labs Thumbnail
Software • Information Technology • Artificial Intelligence
New York, NY
10 Employees
PRIMA Thumbnail
Travel • Software • Marketing Tech • Hospitality • eCommerce
US
15 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account