SUMMARY:
The Vice President, Treasury is a senior finance executive responsible for overseeing the company’s global liquidity, capital structure, financial risk management, treasury operations, and potentially shared services. As a key strategic partner to the CFO and executive leadership, this role plays a central part in shaping the company’s financial strategy and operations, optimizing its capital markets activities, and ensuring the integrity of treasury operations in a complex, regulated, and global environment.
This role leads enterprise-wide initiatives in cash management and forecasting, financing strategy, investment management, and risk mitigation, while supporting critical relationships with banks, investment banks, rating agencies, and institutional investors. This role also oversees compliance with public company reporting and regulatory requirements, including SEC disclosures, SOX 404 controls, and derivative accounting standards.
DUTIES & RESPONSIBILITIES:
Responsibilities include, but are not limited to:
- Develop and maintain accurate short- and long-term global cash flow forecasts.
- Ensure sufficient liquidity to support operations, investments, and strategic initiatives worldwide.
- Manage global daily cash positioning, pooling structures, and bank account optimization.
- Manage credit card and p-card programs globally (both payments and receipts) in support of customers and the business.
- Oversee global Accounts Payable payment infrastructure, ensuring efficient, secure, and compliant disbursement processes across all entities.
- Partner with procurement, accounting, and operations to optimize procure-to-pay processes, vendor payment terms, and working capital efficiency.
- Establish global standards for electronic payments, payment automation, and fraud prevention controls.
- Oversee global Accounts Receivable banking infrastructure, including lockbox services, merchant services, electronic collections, and payment gateways.
- Monitor and improve DSO (Days Sales Outstanding), DPO, DIO and working capital performance.
- Lead enterprise working capital optimization initiatives, including payables strategy, receivables management, inventory financing, and liquidity efficiency.
- Oversee intercompany funding, in-house banking, and multi-currency cash management.
- Lead capital markets activities, including public debt issuance, refinancing, share repurchase programs, and other financing transactions, including in the support of M&A.
- Ensure compliance with SEC reporting requirements, SOX 404 internal controls, and derivative accounting standards (ASC 815).
- Partner with accounting, legal, and audit teams to support quarterly and annual filings.
- Oversee treasury systems and implement a Treasury Management System (TMS) integrated with ERP and banking platforms.
- Identify and manage financial risks, including interest rate, FX, liquidity, and counterparty exposures.
- Design and execute hedging strategies to mitigate financial risks in line with policy and regulatory standards.
- Lead a treasury team, establishing policies, governance frameworks, and performance metrics.
- Serve as a primary treasury representative with external stakeholders including investors, lenders, and rating agencies.
- Provide treasury insights to support strategic planning, M&A transactions, and capital allocation decisions.
- Provide leadership for global finance operations that may transition to a shared services model, including AP, AR, and transactional finance processes.
