Treasurer

Job Summary

The Treasurer is responsible for developing and executing the organization’s treasury strategy, including forecasting, cash management, liquidity, investments, financial risk management, and developing strong relationships with banking and capital markets partners. This leader will own all activities related to consolidating treasury functions for acquired entities and ensuring the appropriate infrastructure is in place to support future growth. This position reports to the Chief Financial Officer, will have significant exposure to PE sponsors, and will work closely with the finance and accounting teams to support strategic decision-making related to financial planning and capital structure.

• Cash and Liquidity Management Monitor daily cash flow, liquidity requirements, and opportunities for investment to ensure sufficient funds are available to meet operational and financial obligations, while optimizing interest income, interest expense, and bank fees.
• Manage 13-week cash forecasting models to predict short-term and long-term cash needs, adjusting for variances in business activities.
• Manage the company’s debt portfolio, including scheduling repayments, managing interest rate risks, and optimizing debt structure.
• Prepare and present treasury reports to senior management and PE sponsors, highlighting key metrics related to cash flow, liquidity, and financial risk.
• Provide analysis of key financial trends and recommend strategies to improve cash management and optimize working capital.
• Financial Risk Management Identify, assess, and mitigate financial risks related to liquidity, interest rates, and credit exposure.
• Oversee trade finance including surety bonds, bank guarantees, and letters of credit.
• Develop and implement strategies to hedge against risks (e.g., through derivatives or other financial instruments) where appropriate.
• Bank and Capital Markets Relationship Management Manage relationships with banks and other financial institutions to ensure efficient execution of treasury operations, including cash management, financing, investments, and payment processing including credit cards, real time payments, and e-checks.
• Negotiate banking and merchant services agreements, fees, and credit facilities to ensure the company receives the most favorable terms.
• Oversee and maintain a strong relationship with the company’s credit providers, including monitoring compliance with covenants and reporting requirements.
• Evaluate refinancing and financing opportunities, working closely with senior leadership to recommend strategies for debt issuance or repayment.
• Leadership and Collaboration Oversee the development and maintenance of treasury policies and procedures to ensure compliance with regulatory requirements and industry best practices.
• Develop and implement internal controls to safeguard cash and ensure that all treasury operations are executed efficiently and securely.
• Develop and implement the company’s investment strategy for surplus cash, balancing liquidity, risk, and returns.
• Drive a culture of continuous improvement within the treasury function by identifying opportunities to improve processes and leverage technology.
• Lead and advocate for the treasury team in the evolving ERP/TMS environment to determine best practices and infrastructure support needed to support future operations.
• Lead and develop a high-performing treasury team, providing guidance and mentoring to enhance the team’s capabilities.
• Ensure ongoing training and development for treasury staff to stay updated on best practices, regulations, and market conditions.
• Collaborate with the accounting team to ensure proper cash, investment, and debt reporting.
• Collaborate with legal, tax, accounting and FP&A in preparing intercompany notes to support cash pooling initiatives while minimizing tax implications.
• Support financial planning and analysis (FP&A) in preparing cash flow forecasts and long-term financial plans.

• Hybrid position
• Occasional work outside normal business hours as needed
• Occasional travel as needed

• Bachelor’s degree in finance, accounting, or related field
• 7-10 years…