VP of Treasury

Title: VP of Treasury

Industry: Industrial/Commercial Manufacturing

Location: Wisconsin

VP of Treasury

The VP of Treasury will lead and enhance all day-to-day treasury operations for the organization. Functions and responsibilities include liquidity management, banking relationships, interest rate management, capital deployment, debt covenant compliance, and implementation of new treasury policies. This role develops short- and long-term strategies and prioritizes and executes multiple treasury and cash management initiatives. The Treasurer is a key member of the senior leadership team. This role will partner directly with the Chief Financial Offer and will lead a team of financial professionals within the Treasury department.

Desired Skills and Experience

  • Bachelor’s Degree in Finance or Accounting. MBA or CPA is a plus
  • At least 10 years of experience in a financial management role, with a minimum of 5 years of experience leading a high-performing Treasury Management team; manufacturing industry experience is required
  • Proficient with Microsoft office products, with expert capabilities in Excel and PowerPoint
  • Excellent leadership, financial, and analytical skills required
  • Ability to work cross functionally to drive business initiatives
  • Ability to manage and develop key talent within the function
  • Confident in dealing with all people at all levels up to and including the Board of Directors
Lead Responsibilities
  • Develop, implement and communicate cash management policies and procedures. Identify strategic needs based on a company-wide liquidity assessment. Evaluate and pursue best practices for funding needs and capital management
  • Lead corporate cash-flow analysis and forecasting in anticipation of the company’s daily cash needs and future flows to improve effectiveness of the funding process
  • Execute the investment strategy consistent within the approved parameters and regulatory guidelines. Provide guidance on acceptable investment instruments and financial institutions
  • Enhance controls and efficiencies of treasury/cash management, and recommend new banking/cash management products
  • Assist in the development of strategic plans and tactical objectives for all debt and derivative back office activities, including bank delegations, transaction confirmations, and transaction settlements, while maintaining appropriate segregation of duties and linkage to accounting function
  • Oversee debt and preferred investment covenants in accordance with our banking agreements
  • Evaluate treasury employees, structure, processes, etc. on an ongoing basis to ensure the efficient and effective key deliverables
  • Take a lead role in researching and recommending efficiencies and continuous improvements within the Treasury and Credit & Collection processes.
  • Manage hedging program for foreign exchange, commodities and interest rates.
  • Lead and inspire the Treasury, Accounts Payable and Credit & Collections Teams to optimal performance.
  • Possess a thorough understanding of key investment strategies for capital allocation, financial modeling and valuation metrics.

Compensation / Salary

  • Very competitive Salary $250K base + 30% Bonus
  • Comprehensive relocation package
  • Outstanding company culture, merit increases and valued benefits.