Head of Treasury

Responsibilities

• 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.
• Evaluate the Company's capital structure and ensure sufficient financial flexibility is maintained to fund potential growth initiatives and strengthen the company’s capital structure.
• Advises 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.
• Monitor foreign exchange transactions and exposure and apply value-at-risk analysis.
• Provide operations with necessary spot foreign exchange funding and assess value of FX hedging.
• 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.
• 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.
• 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

• 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.
• 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.