Director, Treasury, Working Capital and Liquidity Management

Location:

22 St. Clair Avenue East, Toronto, Ontario, M4T 2S7

Department:
Treasury

George Weston Limited ("GWL") is a major Canadian public company with a portfolio that includes Loblaw Companies Limited, Shoppers Drug Mart, and Choice Properties REIT. GWL is one of Canada’s largest food and drug retailers and a leading REIT, supporting millions of customers nationwide.

• Create liquidity funding plan that aligns and supports organizational capital allocation plan/framework.
• Develop strong partnerships across the business to understand future liquidity and working capital requirements for the operating businesses.
• Drive improvements on short‑term cash‑flow forecast across the enterprise.
• Understand and manage components of working capital requirements across the business to drive improvements in indirect cash‑flow forecasting and cash conversion metrics.
• Strategic oversight and execution of Loblaw Supplier Finance program.
• Work closely with Enterprise Procurement team to manage operating plan and achieve financial targets.
• Proactively seek opportunities to optimize liquidity processes and harness technology and statistical models to improve forecasts.
• Regularly review key performance indicators related to working capital, such as inventory turnover and days payable outstanding (DPO), and identify improvement areas.
• Assist in preparing presentations for board and shareholder meetings, monthly/quarterly senior leadership meetings and strategic committees.
• Oversee short‑term investment portfolio and manage investment principles, tenor, and instruments in alignment with governance model and market environment.
• Support other Treasury initiatives and functions as required.

• CPA designation required.
• University degree in Business, preferably in Finance, Economics, Accounting or Math.
• MBA/CFA/CTP designations considered an asset.
• 6+ years in a Corporate Treasury environment with 3+ years in a leadership role.
• Experience in retail industry considered an asset.
• Proven experience managing teams in a dynamic environment.
• Strong leadership capabilities with a track record of building, guiding, and developing teams.
• Experience in mentoring, coaching, and developing team members.
• Excellent interpersonal and communication skills, able to communicate with all levels of the organization professionally.
• Effective negotiation skills to achieve favorable outcomes.
• Extensive experience in corporate liquidity management using direct and indirect methods.
• Experience analysing retail working capital and its impact on cash‑flow metrics.
• Strong quantitative and analytical skills.
• Comfortable interpreting financial statements and external disclosures.
• Firm understanding of Canadian and US payment landscape and related cash‑management structures, tools and services.
• Experience with Power
  
  BI/DAX, and Python for dashboard creation and data analysis is an asset.

• Unique opportunity to join a dynamic team within a proven industry leader.
• Ongoing opportunities for learning and career development within the Weston companies.
• Dynamic and fast‑paced work environment.
• Competitive compensation and benefits package, including employee share‑ownership program and pension plan.
• Continuous learning through development reimbursement.
• Summer hours.
• Business‑casual attire / Dress for your day.
• Strong culture of diversity and inclusivity.
• Commitment to community support and volunteerism.
• Recognition and social events.

Base salary of $170,000–$190,000 per year plus applicable bonus.

George Weston Limited  recognizes Canada’s diversity as a source of national pride and strength. The company is committed to diversity and inclusion, and accommodation is available upon request for applicants and colleagues with disabilities.

Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.