Treasury Director

Job Type

Full-time

Description

The Director of Treasury is responsible for leading the organization's treasury function, including liquidity management, capital structure, cash forecasting, banking relationships, and financial risk management. This role ensures the company maintains optimal liquidity, efficient capital deployment, and strong financial risk controls.

Reporting to senior finance leadership, the Director of Treasury partners closely with FP&A, Accounting, Tax, and external financial institutions to support the company's operational and strategic objectives. This role does not include Investor Relations responsibilities, which are managed separately.

This role can be in Chicago, IL or Columbus, OH.

Key Responsibilities

Liquidity & Cash Management

• Oversee daily cash positioning, liquidity planning, and global cash management activities.

• Develop and maintain short- and long-term cash flow forecasts in partnership with FP&A.

• Optimize cash deployment strategies to support operations, investments, and debt obligations.

• Ensure efficient movement of funds across entities, geographies, and banking structures.

Capital Structure & Financing

• Support the development and execution of the company's capital structure strategy, including debt and credit facilities.

• Manage debt portfolio, including compliance with covenants, interest payments, and reporting requirements.

• Lead financing activities such as credit facility renewals, refinancing, and bank negotiations.

• Evaluate financing alternatives to support growth, acquisitions, and capital investments.

Banking & Financial Relationships

• Manage relationships with banks, lenders, and financial institutions.

• Oversee selection, onboarding, and performance of banking partners.

• Negotiate banking agreements, fees, and service structures to optimize cost and service levels.

• Ensure appropriate banking structure to support global operations.

Financial Risk Management

• Identify, assess, and manage financial risks including interest rate, foreign exchange, and counter party risk.

• Develop and execute hedging strategies aligned with company risk tolerance and policies.

• Monitor market conditions and provide recommendations to mitigate financial exposure.

• Ensure compliance with treasury policies and applicable regulations.

Treasury Operations & Controls

• Oversee treasury operations, including payment processes, cash controls, and bank account management.

• Establish and maintain strong internal controls and governance over treasury activities.

• Ensure compliance with internal policies, audit requirements, and regulatory obligations.

Cash Forecasting & Business Partnership

• Collaborate with FP&A to integrate cash forecasting with financial plans and business performance.

• Provide insights into liquidity impacts of strategic initiatives, capital expenditures, and operational changes.

• Support enterprise planning efforts with treasury-specific inputs and analysis.

Systems & Process Optimization

• Lead implementation and optimization of treasury management systems (TMS) and banking platforms.

• Drive automation, efficiency, and standardization across treasury processes.

• Enhance visibility into global cash, risk exposures, and liquidity metrics.

• Partner with Finance and Technology teams on system integrations and upgrades.

Qualifications

Education & Experience

• Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or advanced degree preferred.

• 10-12+ years of progressive experience in treasury, corporate finance, or related roles.

• Demonstrated experience managing liquidity, debt, and financial risk in a corporate environment for publicly traded company.

• Experience working with financial institutions and managing credit facilities.

• Certified Treasury Professional (CTP) or similar designation preferred.

• Experience with ERP and treasury systems preferred.

• Experience working with different currencies preferred.

Skills & Competencies

• Strong understanding of cash management, capital markets, and corporate finance principles.

• Expertise in cash forecasting, liquidity planning, and financial risk management.

• Knowledge of debt instruments, credit…