Director, Treasury, Cash & Payroll

Treasury, Liquidity & Cash Management

Lead the Company’s treasury and banking structure, including daily liquidity, cash positioning, funds transfers, bank accounts, investments, authorized signers and banking access.

Ensure all treasury transactions are executed securely, accurately, timely and in accordance with approval requirements, Company policies and internal controls.

Own banking relationships, evaluate banking products and services, monitor fees, and recommend structural or process improvements that enhance efficiency, yield, security and liquidity.

Oversee treasury systems, online banking platforms, reporting tools and related data integrity, access administration, upgrades and vendor relationships to support secure and efficient treasury operations.

Develop and maintain treasury policies, procedures, documentation and business continuity practices; drive automation and continuous improvement.

Debt Management & Compliance

Administer the Company’s debt portfolio and credit facilities, including interest and principal payments, borrowing activity, compliance deliverables, renewals and amendments.

Monitor debt covenants and other contractual requirements; coordinate timely calculations, certifications, reporting and supporting documentation for management, lenders and other stakeholders.

Maintain effective relationships with lenders and external advisors, and support financing, refinancing activity and other capital structure initiatives.

Partner with Accounting to ensure debt balances, interest, fees, discounts, issuance costs and current versus long-term classifications are accurately recorded and forecast.

Cash & Balance Sheet Forecasting

Build, maintain, and own the Company’s short-term and long-range cash flow and balance sheet forecasting models, including the underlying assumptions, calculations, schedules, data inputs, and model architecture.

Own the end-to-end cash forecasting process, integrating operating performance, capital expenditures, financing activity, taxes, payroll, working capital, and other significant cash flows.

Lead balance sheet forecasting for cash, debt, accounts receivable, accounts payable, deferred revenue, accrued liabilities, fixed assets, and other significant accounts, with clear linkage to the income statement and statement of cash flows.

Establish and document forecast assumptions, methodologies, data sources, controls, and reporting requirements to create a repeatable and sustainable forecasting process.

Perform detailed actual-to-forecast variance analysis, identify the underlying operational and accounting drivers, and incorporate findings into subsequent forecasts.

Develop scenario and sensitivity analyses to evaluate liquidity requirements, financing needs, covenant headroom, capital allocation alternatives, and other financial risks and opportunities.

Translate model outputs into clear, actionable insights and recommendations for executive leadership.

Partner directly with Accounting, FP&A, Tax, Supply Chain, Payroll, and business leaders to obtain and challenge assumptions, resolve data issues, and improve forecast accuracy.

Continuously enhance the models as business conditions, financing arrangements, accounting requirements, and management reporting needs evolve.

Payroll Leadership

Provide leadership and oversight for accurate and timely payroll processing, including wages, direct deposits, taxes, garnishments and other deductions.

Ensure payroll operations comply with applicable federal, state and local requirements, Company policies, internal controls and collective bargaining agreements.

Oversee payroll and timekeeping systems, access, configuration, upgrades, data integrity, tax filings, reconciliations and confidential employee information.

Coordinate with Human Resources, Accounting, Legal, internal audit and external providers to resolve issues, support testing and maintain effective payroll controls.

Accounting, Controls & Leadership

Ensure treasury, debt, cash and payroll activities are properly supported, reconciled and recorded in the general ledger; support month-end, quarter-end and year-end close processes.

Maintain a strong control environment, including segregation of duties, fraud prevention, bank access reviews, reconciliations, documentation and audit support.

Prepare clear, concise reports and presentations regarding liquidity, debt, cash forecasts, balance sheet outlook, payroll operations, controls and key risks.

Lead, coach and develop team members; establish priorities, accountability, cross-training and succession capability.

Build strong cross-functional partnerships and perform other duties as assigned.

Position Qualifications

Competency Statement(s): Strategic Leadership and Operational Ownership, People and Change Leadership, Continuous Improvement and Technology Enablement, Risk-Aware Decision Making, Customer and Business Partnership, Integrity, Professional Courage, and Good Judgment.

Skills & Abilities

• Strong accounting foundation with the ability to connect income statement, balance sheet and cash flow impacts.
• Working knowledge of debt agreements, covenant compliance, liquidity management, banking controls and treasury operations.
• Advanced financial modeling, forecasting and analytical skills; demonstrated proficiency with Microsoft Excel and financial systems.
• Workday experience is preferred.
• Ability to manage sensitive and confidential information with sound judgment, integrity and a high degree of discretion.
• Clear executive-level written and verbal communication skills, with the ability to translate complex financial matters into actionable business insights.
• Demonstrated ability to lead teams, manage competing priorities, improve processes and collaborate effectively across functions.