Our client is seeking an Interim Director of Treasury for 6 months. This role is on-site 2 days per week in the South Bay region of Los Angeles.
The Interim Director of Treasury will play a critical role in managing the company's financial resources during this pivotal period. This position is responsible for overseeing the treasury functions, including cash flow management, financing strategies, risk management, and capital structure optimization. Additionally, the interim director will be instrumental in building out and enhancing the company's treasury systems and processes, working closely with the current risk management team and other stakeholders.
Key Responsibilities:
Cash Flow Management:
- Monitor and manage daily cash flow to ensure adequate liquidity.
- Forecast short-term and long-term cash requirements.
- Optimize working capital management.
Financing Strategies:
- Evaluate and secure appropriate financing options to support business operations and expansion.
- Manage relationships with banks, investors, and other financial institutions.
- Negotiate terms and conditions of financing agreements.
Risk Management:
- Identify, assess, and mitigate financial risks.
- Develop and implement hedging strategies to manage exposure to interest rate and currency fluctuations.
- Ensure compliance with regulatory requirements related to treasury operations.
Capital Structure Optimization:
- Analyze the company’s capital structure and recommend improvements.
- Assist in equity and debt financing initiatives.
- Manage equity programs and shareholder communications regarding financial matters.
System and Process Development:
- Collaborate with the risk management team to build out and enhance treasury systems and processes.
- Identify and implement best practices in treasury management.
- Ensure robust controls and procedures are in place to support treasury activities.
Financial Reporting and Analysis:
- Prepare and present treasury reports to senior management and the board of directors.
- Provide insights and recommendations based on financial analysis and market trends.
- Support the preparation of financial statements and regulatory filings.
Strategic Planning:
- Collaborate with the executive team to develop and implement financial strategies aligned with the company’s objectives.
- Participate in strategic planning and decision-making processes.
- Support M&A activities and other strategic initiatives as needed.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or related field; MBA or CFA preferred.
- Minimum of 10 years of experience in treasury or corporate finance roles
- Proven track record in cash management, financing, and risk management.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.
- Proficiency in treasury management systems and financial modeling.
- Experience in building and enhancing treasury systems and processes.
Job Types: Full-time, Contract, Temporary
Pay: $90.00 - $125.00 per hour
Expected hours: 40 per week
Benefits:
- Dental insurance
- Health insurance
- Vision insurance
Schedule:
Supplemental pay types:
Experience:
- treasury: 5 years (Required)
Ability to Commute:
- Los Angeles, CA 90045 (Required)
Ability to Relocate:
- Los Angeles, CA 90045: Relocate before starting work (Required)
Work Location: Hybrid remote in Los Angeles, CA 90045