All Positions Senior Management

Assistant Treasurer

Industry: Consumer Products

Location: Boston Area

Compensation: $200K – $250K

Contact: Lee Ryan

Leading global consumer products company, focused on designing and building robotics to empower consumers, has an opening for an Assistant Treasurer.

Business growth has created an exciting career opportunity for an outstanding individual to lead and further develop the company’s Treasury function on a global basis. This position has significant visibility to executive management, the Audit Committee and the Board of Directors. The Assistant Treasurer will supervise the Treasury team and work closely with the Executive Officers and various financial institutions and other service providers.

Responsibilities include:

• Oversee the Corporate Treasury team.
• Design the global Treasury function/org structure and hire the team needed to support the global growth.
• Develop and manage personnel to ensure world-class Treasury operations.
• Develop, enhance and maintain cash management strategies, policies and procedures.
• Manage relationships with depository and disbursement banks, and other financial services providers.
• Implement new bank technologies, products and services to improve efficiency/control and simplify Treasury operations.
• Provide credit facility oversight, including covenant compliance monitoring and reporting.
• Drive strategic thinking and planning for the development of a capital structure strategy.
• Manage the process of returning capital to shareholders through share repurchase, dividends, etc.
• Develop and execute financing strategies to support strategic investments and global growth.
• Develop and manage investment policies and strategies; manage investment portfolio.
• Coordinate movement of excess cash to and from investment accounts.
• Monitor worldwide cash positions to cover cash commitments and manage subsidiary cash requirements. Manage global intercompany funding.
• Own and further develop the global foreign currency risk management strategy. Enhance and guide the FX hedging program to minimize FX exposure.
• Oversee short term and long term cash forecasting with a focus on working capital and strategic cash needs.
• Enhance and further develop global Treasury reporting metrics, dashboards, and processes.
• Act as the primary administrator and payment authorizer on global banking portals.
• Support operational needs as required by Sarbanes-Oxley, Corporate Accounting, and Tax.
• Manage all aspects of the Company’s insurance programs (property & casualty and management liability) including assessment of risks and maintenance of appropriate insurance coverages in response to identified risks.
• Oversee the Corporate Purchasing function.
• Oversee the Corporate Credit function.

Requirements include:

• 10+ plus years of demonstrated treasury experience in a multi-national corporate environment.
• Bachelor’s degree in Accounting, Finance or Economics, with a professional treasury qualification preferred (e.g., CFA, CTP).
• International experience and treasury systems experience required.
• Experience with Bloomberg or other online information sources.
• Experience with global treasury and hedging platforms.
• Established track record in cash management, FX hedging, and risk management.
• Excellent communication skills – strong verbal, written and presentation skills.
• Integrative and Team Player – Seeks to integrate input from across the organization.
• Highly motivated with a positive attitude.

Powered by: Wordpress