3STEP Sports Background
3STEP Sports has an exciting opportunity for you to join a growing and leading organization in youth sport club and event management. 3STEP Sports is the largest youth sport event and club operator in the nation, providing brands with the ability to impact more athletes than ever in a unique and authentic way. The 3STEP reach spans 40+ states and currently serves more than 1 million athletes. We deliver a premier, inspiring, and authentic experience – dedicated to perfecting every aspect of the athlete funnel. Encompassing industry-leading tournaments, nationally spanning club programs, premier media content and more, 3STEP is the standard of the youth sports experience.
We’re looking for lifelong learners who enjoy working in an entrepreneurial environment that supports creativity, passion, and innovation. Come join us and let’s get it done together!
Our new Treasury Manager will operate in a HYBRID capacity from our Glenview, IL location. Local candidates only will be considered.
Position Overview
The Treasury Manager strategically manages 3STEP Sports' financial resources and contributes to the overall financial health supporting stability and growth. This key finance leader is responsible for the organization’s overall cash management, banking relationships, debt administration, and investment activities in addition to ensuring optimal liquidity and efficient handling of cash inflows and outflow.
Essential Job Responsibilities & Duties
- Cash Management & Cash Flow Statements: Oversee daily cash balances, monitor cash positions, and manage short-term investments to maximize returns. Prepare and analyze cash flow statements, forecasting future cash needs and recommending strategies to ensure liquidity.
- Manage Bank Accounts and Banking Relationships: Open, maintain, and close bank accounts as needed. Serve as the primary point of contact for all banking partners. Negotiate banking fees and terms to optimize the organization’s financial arrangements, ensuring secure and efficient banking operations.
- Debt Management: Administer existing credit facilities, monitor covenant compliance, and manage debt service payments. Evaluate new debt opportunities and refinancing options, providing recommendations to senior management and maintaining documentation and schedules.
- Oversee Investment Activity & Liquidity Reporting: Supervise the company’s investment portfolio, ensuring investments align with corporate policy and risk tolerance. Generate regular liquidity reports, analyze trends, and provide actionable insights to executive leadership.
- Coordinate with Accounts Payable (AP): Collaborate closely with the AP team to align payment terms and cash outflows with cash position and forecasts. Implement strategies to optimize working capital and negotiate payment terms with vendors as needed.
- Technical Skills: Proficiency in treasury management systems, financial software (including advanced Excel), and potentially ERP systems.
- Communication Skills: Effectively communicating complex financial information to diverse audiences.
Requirements
- A Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field is preferred.
- An MBA or a Certified Treasury Professional (CTP) designation is ideal.
- 5-10 years of experience in treasury management or corporate finance.
- Demonstrated success in financial analysis, accounting, and banking.
3STEP Sports Benefits Package includes:
- Competitive compensation
- Comprehensive benefits package, including medical, dental, vision, FSA accounts, life insurance, paid holidays, and a generous PTO plan, as well as other elective insurance options
- 401K retirement savings plan with 50% company match
- Paid Parental Leave
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, age, disability, gender identity, marital or veteran status, or any other protected class.
