Head of Treasury

Job Title

Requisition

Location

Additional Locations

Job Description Summary

Job Description

Responsibilities

Cash Management & Treasury Operations

• Lead the global cash forecasting and planning process and ensure that the company's global cash obligations are met in a cost-effective manner.

• Manage the movement of funds to meet daily operating needs and ensure appropriate internal controls are in place.

• Provide oversight and coordination of treasury department decisions to ensure conformity with regulatory requirements.

• Manage global contingency and crisis recovery plans with respect to treasury activities.

Capital Markets & Interest Rate Management:

• Evaluate the Company's capital structure.

• Ensure sufficient financial flexibility is maintained to fund potential growth initiatives and strengthen the company's capital structure.

• Advise on optimal borrowing and investment decisions (including the mixture of fixed-rate versus floating-rate debt).

• Manage the Company's long- and short-term debt and monitor the markets for opportunities to minimize interest rate risk.

• Negotiate and manage credit arrangements and maintain good relations with credit rating agencies.

Foreign Exchange Management:

• Monitor foreign exchange transactions and exposure.

• Apply value-at-risk analysis.

• Provide operations with necessary spot foreign exchange funding.

• Assess value of FX hedging.

Risk Management:

• Provide oversight of Treasury policies and procedures to ensure adequate risk management.

• Place insurance coverage with appropriate risk retention and competitive premiums.

• Advise business units on risk reduction actions and business continuity programs.

Banking Relationships:

• Establish and manage relationships with major commercial banks, investment banks and other external advisors to achieve favorable terms and to create the most effective and productive treasury department.

• Assess financing ideas that are presented by commercial banks and investment banks and determine appropriate action steps.

Staff Management

• Provide the professional leadership necessary to build and maintain a "best-in-class" function.

• Lead by example in areas of change management and be able to think creatively about talent development and organizational structure.

Qualifications

Education and Experience:

• B.S. degree in Business/ Finance, Economics, Accounting or related field is required; M.B.A. is preferred.

• Professional certifications (e.g. CTP, CFA, etc.) are highly desirable.

• Minimum of 12-15 years' experience including finance and treasury experience with at least 5 years in a leadership role.

Knowledge:

• Proven track record in liquidity management, financing and risk management.

• Strong knowledge of capital markets, risk management, asset management, capital structure, cash management and treasury systems.

• Excellent management and leadership skills and demonstrated success in leading, developing and mentoring a group of professionals.

Skills and Abilities:

• Proactive problem solving and decisions making skills.

• Must be well organized, energetic, highly intelligent, and entrepreneurial.

• Ability to thrive in a fast-paced, dynamic environment.

• Ability to interact with many people at a variety of levels within the organization.

• Strategic thinking with strong verbal, writing and analytical skills.

• Must have outstanding communication skills.

• Must be persuasive and goal oriented.

• High integrity and commitment to corporate governance.

Physical Requirements:

• Office environment

• <50% travel

The expected base pay range for this position is $330K - $430K. Please note that base pay offered may vary depending on factors including job-related knowledge, skills, and experience.

This position is eligible for a bonus in accordance with the terms of the applicable program. Bonuses are awarded at the Company's discretion.