Job: IRC22697 Treasury Director

·         Responsible for the day-to-day management of Treasury operations.

·         Supports the Treasurer in the implementation of Treasury and Corporate strategies.

·         Monitors and manages the company’s daily cash position and executes borrowing & investing activities.

·         Monitors and maintains cash accounts for operating units.

·         Ensures compliance with internal controls, policies and procedures in day to day conduct and supervision of cash management activities.

·         Oversees timely approval and cash disbursements to vendors.

·         Assists in the management of the company’s insurance programs in concert with insurance and surety brokers.

·         Oversees cash forecasting process including a company-wide rolling 13-week and 12-month cash forecasting model. Identifies and implements opportunities to improve accuracy. Works with business units produce improved cash forecasts.

·         Assists in managing operating relationships with the company’s banks, trustees and financial institutions including Treasury operations, cash deposits and other products.

·         Monitors external bank account usage and makes recommendations on closing and opening external accounts.

·         Manages corporate debt covenant compliance, certification, scenario analyses and proforma financial ratios.

·         Manages the generation of performance bonds, letters of credit and parent company guarantees.

·         Assists in implementing and managing the Company’s hedging strategies (interest rate, foreign exchange (FX), commodities as appropriate).

·         Maintains the Levels of Authority (LOA) controls system.

·         Develops and implements policies, procedures, operational controls and standards, including compliance of established systems with regulations and best practices.

·         Provides training, supervision and development of junior Treasury staff.

·         Performs other duties as assigned.

·         Familiar with standard concepts, best practices and industry approaches within the Treasury and Financial management fields

·         Must be a natural and clear communicator (spoken and written)

·         Requires experience to supervise direct reports and consultants

·         Performs a variety of complex tasks

·         Relies on experience and judgment to plan and accomplish goals

Education ·         Bachelor's degree required ·         Master's degree preferred	Certifications ·         Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) preferred
Required Experience ·         A minimum of 6 years experience in treasury/cash management	Preferred Experience ·         Bank relationship management, cash forecasting, financial evaluations and analysis, capital markets, including credit agreements, revolvers, indentures, etc. ·         Experience in issuing letters of credit and surety bonds ·         Management of insurance portfolio for a large company