Sr. Manager, Treasury

Orion Steel Group LLC is a collaborative team focused on problem-solving, idea contribution, and mutual growth to drive business and employee success.

About the role

Orion Steel is seeking a highly skilled and experienced Sr. Manager, Treasury to lead and support key treasury functions within steel manufacturing operations. This strategic role will manage daily cash operations, maintain the Treasury Management System, ensure debt compliance and optimization, handle asset-backed lending facilities, and oversee letters of credit issuance. The ideal candidate will bring deep financial acumen, operational efficiency, knowledge of Kyriba Treasury Management System, and strong leadership capabilities, working closely with the VP of Treasury and cross-functional teams.

HQ Treasury provides treasury services to business divisions, maintains and develops cash management units, supervises capital structures, and leads capital raise and allocation projects. The Sr. Treasury Manager will support the VP of Treasury in key workflows, participate in critical projects, and supervise Sr. Treasury Analyst and Treasury Analyst team members.

Responsibilities

• Oversee daily cash positioning and forecasting across multiple business units and banking platforms
• Ensure optimal liquidity management to support operational and capital needs
• Partner with Accounts Payable and Accounts Receivable to ensure efficient cash flow processes
• Monitor and ensure compliance with all debt covenants and reporting requirements
• Assist in the management and structuring of corporate debt, including revolving credit facilities, term loans, and asset-backed lending
• Administer and manage borrowing base reporting and compliance under the ABL facility
• Monitor collateral balances, availability, and utilization to support working capital needs
• Coordinate with internal stakeholders and external lenders to ensure accurate and timely submission of required documentation
• Manage issuance, renewal, and cancellation of standby and commercial letters of credit; ensure appropriate controls, documentation, and reporting around all LC activity
• Support treasury-related audits and external audits
• Assist in the development and implementation of treasury policies, controls, and automation tools
• Participate in projects with Treasury and IT teams aimed at developing the Treasury Management System (Kyriba) and supervise required maintenance
• Evaluate and recommend banking partners, services, and technology to optimize treasury operations
• Perform other duties as assigned

Requirements

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA/CFA preferred
• 7+ years of treasury experience, with at least 3 years in a senior or managerial role; manufacturing or industrial sector experience strongly preferred
• Experience with treasury management systems (Kyriba experience is critical) and ERP systems (Oracle)
• Excellent analytical, problem-solving, and communication skills
• Demonstrated ability to work cross-functionally and independently manage workflows
• Strong understanding of cash forecasting, debt instruments, ABL, and letters of credit

Pay

$150,000 - $160,000

Benefits

• Competitive wages and bonus opportunities
• Family medical, dental, and prescription coverage at minimal employee cost
• Short and long-term disability programs
• Competitive retirement plans
• Flexible Spending and Health Savings Accounts
• Employer-provided and Voluntary Life Insurance options
• Paid vacation and recognized statutory holidays
• Apprenticeship and career advancement within the company
• Tuition reimbursement
• Wellness program