Director of Treasury

DIRECTOR OF TREASURY

Responsible for the determination of cash requirements, cash concentration, short-term cash investments and maintenance of appropriate cash flow. Establishes short-term borrowing needs and recommends short-term investing initiatives. Directs and manages operations of the treasury function and prepares and analyzes department reports, financial accounting records, cash flow analysis, credit agreement compliance and projections.

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Responsible for the overall direction, coordination and evaluation of the treasury department

Execute the development and implementation of treasury functions

Support global expansion and establishment of new entities worldwide

Develop, implement and maintain bank account structures

Evaluate, develop and recommend fiscal policies

Responsible for liquidity management of all entities

Continually optimize company’s investment portfolio

Develop and prepare cash forecast

Manage all relationships with financial institutions supporting company’s cash management

operations

Develop reporting package for executive team on company’s liquidity and key cash management operating metrics

Lead and enhance internal processes to drive operational efficiency and to ensure compliance with internal policies, controls and procedures

Develop and monitor treasury operational policies

Oversee risk management

Manage all cash management functions including cash concentration, wires and account funding

Ensure adequate liquidity for working capital needs and invest short-term excess cash; manage inter-company cash including inter-company lending, dividends and capital injections

Forecast interest expense and income

Oversee cash management banking and financial institution relationships; negotiate bank and service fees

Implement new bank technologies, products and services to improve the cash cycle and simplify company operations

Prepare and present to senior management weekly company-wide cash flow report

Facilitate the opening of new banking relationships as needed

Demonstrate leadership and training skills to further develop managers and analysts within the department

EDUCATION

Bachelor’s degree in accounting, business administration or finance required

MBA or advanced degree in related field preferred

RELEVANT CERTIFICATIONS- CTP, CPA

EXPERIENCE REQUIRED

8-10 years of experience in related field

ABOUT BGS CONSULTING:

BGS Consulting is a professional services firm, located in Tysons Corner, VA, delivering finance and accounting resources with deep operational experience to fill the direct hire and project-based needs of our clients.