What are the responsibilities and job description for the Director of Treasury position at The Bolton Group?
Position Overview : The Director of Treasury will lead the company's treasury operations, managing cash flow, banking and lender relationships, and financial risk. This role is crucial in ensuring efficient liquidity management and safeguarding financial assets.Key Responsibilities : Cash and Liquidity Oversight : Direct the company’s overall cash positioning to ensure efficient fund management across various locations and entities.Develop and maintain accurate cash forecasting models to aid in both strategic decision-making and daily operations.Implement strategies to enhance working capital and optimize cash conversion cycles.Banking Relationship Management : Act as the primary point of contact with banking partners, negotiating fees and services to achieve cost savings and operational efficiency.Assess and propose new banking products and services that could enhance treasury operations.Treasury Operations & Compliance : Develop and enforce policies and procedures to ensure compliance and mitigate financial risks.Oversee daily treasury activities such as wire transfers, ACH payments, and bank reconciliations.Ensure seamless integration of treasury operations with accounting and financial systems.Lender Relations & Compliance : Manage loan documentation, compliance reporting, and payment processing.Collaborate with lenders and internal teams to ensure smooth debt transactions, accurate loan documentation, and adherence to regulations.Financial Risk Management : Identify, evaluate, and manage financial risks such as interest rate exposure and operational risk.Proactively monitor and mitigate risks related to liquidity, cash flow, and banking operations.Capital Leasing & Charge Card Oversight : Lead the company’s capital leasing program, ensuring favorable terms and adherence to company policies.Oversee the corporate charge card program, managing card issuance, payments, and expense tracking.Strategic Leadership & Collaboration : Work closely with the CFO, senior management, and private equity stakeholders to align treasury activities with broader business objectives.Champion initiatives to streamline treasury processes and reduce manual tasks.Team Leadership & Development : Lead, mentor, and develop the treasury team to foster a collaborative, accountable, and high-performance environment.Manage offshore cash management resources, ensuring seamless coordination and efficient execution alongside the onshore treasury team.Qualifications : Bachelor’s degree in Accounting, Finance, or a related field.8 years of experience in treasury management, preferably in a multi-site, healthcare setting.In-depth knowledge of cash management, banking systems, and financial risk management.Strong communication skills and the ability to collaborate effectively with both internal teams and external stakeholders.#J-18808-Ljbffr
