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Treasury Director
2 months ago
We are seeking a highly skilled Treasury Director to join our team at Southwire. As a key member of our finance department, you will be responsible for providing strategic financial guidance and oversight to ensure the company's financial health and stability.
Key Responsibilities- Lead and Develop Treasury Team
Lead, mentor, and develop less experienced treasury team members to ensure they have the skills and knowledge necessary to perform their duties effectively.
Implement Treasury Management SystemLead technology implementations, including the continued implementation of the treasury management system – Kyriba, to ensure seamless financial operations.
Establish Treasury Policies and ProceduresCoordinate the establishment or revision of policies and procedures for all core treasury functions to ensure internal controls are effectively designed and maintained.
Manage Debt Covenants and Borrowing BaseDevelop expert knowledge of the Company's debt covenants and borrowing base mechanics, and coordinate ongoing monitoring of the Company's debt covenant compliance process.
Enhance Supply Chain FinanceSupport in the implementation and expansion of supply chain finance and other initiatives aimed at enhancing and reporting on the efficiency of the allocation of capital across the Company's operations.
Manage Treasury Operations and Cash ManagementOversight of treasury operations and cash management/forecasting activities to ensure adequate liquidity is maintained to support the needs of the company at a minimum cost, executed under a sound internal controls environment.
Develop Expert Knowledge in Risk ManagementDevelop expert knowledge and oversight in commodity, currency, and interest rate risk hedging activities, including design, documentation, execution, and reporting.
Prepare Financial Results and PresentationsCoordinate the treasury team effort in the preparation of periodic financial results and presentations to the Board, Rating Agencies, and lenders.
Collaborate with Cross-Functional PartnersCollaborate with cross-functional partners on special projects and ad-hoc assignments under direction from the Vice President of Treasury.
Requirements and Qualifications- Education and Experience
Bachelor's Degree in Accounting, Finance, Economics, or related degree required. Advanced degree, Chartered Financial Analyst (CFA), and/or Certified Treasury Professional (CTP) designation preferred.
Relevant Work ExperienceAt least 10 years of relevant Treasury experience within a large complex organization, including a minimum of 5 years in a supervisory role.
Knowledge and SkillsComprehensive knowledge of treasury operations, hedging, debt financing investor presentations, and relevant financial concepts. Requires precise attention to detail, a self-starter, outstanding organizational skills, and a strong ability to multi-task.
Communication and Interpersonal SkillsExcellent written and verbal communication skills, exceptional interpersonal skills, and ability to appropriately influence internal senior-level decision-makers and external advisors, lenders, rating agencies, and banking partners.
Technical SkillsFamiliarity with a treasury management system, banking cash management portals, and proficiency with Microsoft Office applications is critical.
Work EnvironmentHybrid (2-3 days a week On-Site)
Reports ToVP, Treasury
Equal Opportunity EmployerSouthwire is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.