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Treasury Manager

Job ID: 7857

Updated: Jun 5, 2024

Location: Chicago, IL, United States

Category: Finance/Accounting


About Kirkland & Ellis

At Kirkland & Ellis, we are united in our ambition and drive to move forward. We share core values that help us achieve excellence: collaboration, talent empowerment, service, inclusion, respect and gratitude. Our people are our greatest asset, and we invest in the brightest talent and encourage a diversity of perspectives and strengths to create dynamic teams that operate at the pinnacle of their field. Our talented professionals show up every day knowing they will engage in meaningful work, continuous learning and professional development.
As one of the world’s leading law firms, we serve a broad range of clients with market-leading practices in private equity, M&A and other complex corporate transactions; investment fund formation and alternative asset management; restructurings; high-stakes commercial and intellectual property litigation; and government, regulatory and internal investigations. We handle the most complicated and sophisticated legal matters because we don’t just meet industry standards, we create them. We bring innovation and entrepreneurialism to every engagement and, as a result, have long-standing client relationships with leading global corporations and financial sponsors. With 6,500 employees (including 3,500 lawyers) operating from 20 offices across the United States, Europe, the Middle East and Asia, we are one of the largest law firms in the world and a top financial performer.

Essential Job Functions

The Treasury Manager will support the management of various aspects of the Firm’s Treasury, Partner Accounting, and Cash Management activities, including a wide array of operations-centric activities, high-visibility services to the Firm’s partners, and managing the relationships with the Firm’s banks. Additional responsibilities include the development, training and mentoring of Treasury talent to ensure the highest standards are continuously maintained. The Treasury Manager supports the Treasurer and the Associate Director, Treasury in the management of the Firm’s Treasury function and compliance with all Treasury and Firm policies with a focus on accuracy, efficiency and superior client service.

ESSENTIAL FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary.)

Cash Management

  • Oversees preparation of daily cash position reporting and makes recommendations as to borrowing/investing activity to maximize operational efficiencies.
  • Risk mitigation – identifying, suggesting, and implementing effective internal controls.
  • Manages the Firm’s derivatives programs and analyzes, suggests, and implements modifications based on the Firm’s risk profile, macroeconomic forces, etc.
  • Maintains and coordinates bank documentation.

Credit Agreement and Tenant Improvement (TI) Lease Administration

  • Develop expertise level knowledge and interpretation of the Firm’s credit agreement and TI lease terms and conditions.
  • Assist in preparation of the Firm’s annual bank rating materials.
  • Oversees preparation of monthly/quarterly bank and TI lease compliance reports.
  • Manages risk with regard to compliance with affirmative and negative covenants, events of default and unmatured events of default, proposes curing remedies.

Property and Casualty and Workers’ Compensation Insurance Administration

  • Manage annual renewal applications & NDAs.
  • Collaborate with our brokers at AON to develop renewal proposal, identifying and addressing gaps in coverages, indexing for growth, etc., to ensure adequate coverages and risk mitigation.
  • Present annual proposal to Finance Committee chairs, Office of General Counsel, and CFO for approvals.
  • Facilitate accurate and timely distribution of COIs.
  • Administration of claims activity and open items throughout the year
  • Propose and bind bespoke policies throughout the year for build-outs/expansion as needed, e.g., stand-alone builder’s risk policies

Partner Financial Services

  • Presents/clarifies financial components/considerations regarding partner compensation.
  • Oversees preparation of partner distribution allocations
  • Computes/adjusts cash earnings and cash flow projections.
  • Administers and tracks individual and bespoke compensation arrangements.

Partner Capital

  • Manages administration of the Firm’s Capital Loan and Cash Flow Loan programs across the banks comprising our banking syndicate, e.g., Recognition Agreements, upsizing.
  • Oversees various entity capital pay-in requirements, tracking joiners/leavers, distribution of capital, etc.


  • Actively contributes to Firmwide system and process re-engineering efforts, such as integrating aspects of PeopleSoft payroll, coordinating the timing of specific activities with the Investment Partnership department, and implementing improvements for managing the Kirkland & Ellis Foundation’s books and records.
  • Prepares ad hoc reporting to support Treasury/Partner Financial Services/Kirkland Foundation projects and initiatives.

• Supports Firm and Finance management special projects and /initiatives

Qualifications & Requirements

  • A Bachelor’s Degree in Accounting/Finance; strong accounting, analytical, and research skills are required. A CPA, MBA and/or CTP is desirable.
  • At least 8 years of experience in roles which demonstrate progressive responsibility within the accounting or finance department of an international professional services partnership, preferably a law firm.
  • The candidate must also have experience with forecasting, cash and tax basis accounting and a track record of implementing system and procedural improvements.
  • The individual must excel working in a team setting and be an effective communicator who listens carefully, articulates his/her positions clearly, and conveys confidence. Previous supervisory experience is desirable.
  • The ability to collaborate and effectively facilitate information sharing within Finance and other functions within the Firm to meet sensitive tax filing deadlines through the year is required.
  • The candidate will be adept at developing effective business relationships with colleagues both within and outside of the Finance department.


  • Proficiency in Excel, Word, and PowerPoint is required.
  • Familiarity with Elite 3E a plus


This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.

How to Apply

Thank you for your interest in Kirkland & Ellis LLP.  To complete an application and submit your resume, please click "Apply Now."

Equal Employment Opportunity

All employment decisions, including the recruiting, hiring, placement, training availability, promotion, compensation, evaluation, disciplinary actions, and termination of employment (if necessary) are made without regard to the employee’s race, color, creed, religion, sex, pregnancy or childbirth, personal appearance, family responsibilities, sexual orientation or preference, gender identity, political affiliation, source of income, place of residence, national or ethnic origin, ancestry, age, marital status, military veteran status, unfavorable discharge from military service, physical or mental disability, or on any other basis prohibited by applicable law.

Closing Statement

The job postings and recruiting mailbox are for candidates only. If you are a recruiter, search firm or employment agency, and do not have a signed contract with Kirkland & Ellis LLP ("K&E") and have not been asked specifically to submit candidates, you will not be compensated in any way for your referral of a candidate even if K&E hires the candidate. Direct contact with K&E employees in an attempt to present candidates is inappropriate and will be a factor in determining any future professional relationship with the Firm. #LI-Hybrid #LI-ML1