Principal Director, Treasury

Job Summary

The Principal Director, Treasury oversees the day-to-day management of cash and treasury operations including short-term borrowings and investments. They evaluate and recommend cash management initiatives, changes to bank relationships, and day-to-day treasury operations. They lead the administration of bank credit facility and bank account structure and management. They create, maintain, and update enterprise-wide treasury operational policies and evaluate such activities throughout the organization.

Job Responsibilities

• Lead the planning and execution of the daily cash management deliverables or activities covering multiple portfolios
• Evaluate and implement solutions to managing interest rate and foreign exchange risk
• Create weekly/monthly/quarterly reports and variance analyses for various levels of management, including key executive stakeholders
• Maintain financing relationships with service providers, including banks, brokers, and trustees
• Absess long-range capital needs in support of the company’s strategic goals, building integrated financial models on a regular basis
• Lead cooperative efforts amongst the corporate finance teams and implement cash management processes to support corporate initiatives
• Manage transaction reporting and covenant compliance for existing debt facilities
• Ensure SOX compliance and collaborate with Treasury Operations and Internal Audit on record keeping and controls testing
• Ensure documentation for all corporate bank accounts, including signatories and authorization levels, is maintained and updated
• Serve as lead representative with internal and external auditors, preparing documentation, conducting process walkthroughs and defining controls procedures/measures regarding treasury activities
• Develop, install, and monitor systems, policies, and procedures to efficiently and securely move funds within the company and to third parties
• Manage review and analysis of various legal documents related to financing activity
• Collaborate with accounting function to reconcile all cash transactions in a timely and effective manner
• Provide strategic guidance, training, and leadership to department leads and teams
• Understand and readily support Envestnet's established corporate business practices, policies, internal controls, and procedures designed to create value or minimize risk

Required Qualifications

• Bachelor's Degree in Accounting or Finance
• 10+ years of Corporate Treasury experience – cash management, payment processing, banking relationships, and financing
• Previous experience working in a high growth, public company environment
• Excellent verbal and written communication skills
• Strong leadership skills
• Demonstrated ability to influence stakeholders in order to achieve expected results
• Expert knowledge of treasury management
• Strong knowledge of debt financing and debt compliance
• Strong analytical and modeling skills; proficient in Excel

Preferred Qualifications

• MBA preferred