Director, Treasury

Job Description

JOB SUMMARY The Director of Treasury oversees and leads the entire treasury function for At Home. This role is critical to ensuring the company's liquidity, optimizing cash flow, and maintaining covenant compliance to support the business's strategic objectives. Key responsibilities include managing relationships with banking partners, leading covenant and collateral negotiations, developing detailed financial projections, and implementing liquidity optimization strategies. The Treasury Leader will manage and mentor a team of two direct reports, ensuring accuracy and efficiency in daily treasury functions, cash management, and financial reporting, while working closely with executive leadership.

ESSENTIAL FUNCTIONS

Program Leadership: Serve as the central company lead for private label credit card partnership and as the primary resource for supplier financing programs.

ABL / Covenant Renewal Negotiation: Define critical financial covenants, terms, and flexibility needed to maintain operational agility, especially around EBITDA, leverage, and coverage ratios.

Direct Method Cash Projections: Lead the creation of weekly cash flow forecast

Bank Relationship Management: Engage with current and potential lenders to assess market conditions and strengthen negotiation leverage

Team Leadership: Oversee, mentor, and guide the two direct reports in day-to-day treasury functions, including cash management, forecasting, and reporting to ensure accuracy and efficiency.

Liquidity Optimization: Identify and implement strategies to optimize liquidity, ensuring sufficient cash flow to meet obligations and strategic initiatives without restrictive terms.

Stakeholder Engagement: Work closely with private equity sponsors, VP of Finance, the CFO, and executive team to ensure alignment on financing requirements, risk tolerance, and strategic priorities

Risk Assessment and Mitigation: Analyze risks associated with covenant compliance, economic conditions, and liquidity to build resilience in the renewal terms.

QUALIFICATIONS
Bachelor's degree in finance, accounting, or a related field. Equivalent experience considered.
10+ years in corporate treasury, finance, or a related field, with experience managing asset-based lending (ABL) facilities.

Demonstrated experience renegotiating a variety of debt instruments, calculating and managing covenant compliance, developing liquidity strategies, and overseeing compliance requirements across financing arrangements

Expertise in financial modeling and scenario analysis, particularly around cash flow forecasting and risk assessment.

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