Director, Corporate Treasury

Job Description

Director, Corporate Treasury

Job Summary

The Director of Corporate Treasury will oversee the global treasury function, playing a pivotal role in managing the organization’s liquidity, cash flow, and financial risk. This role requires a forward-thinking leader with extensive experience in corporate treasury management, expertise in financial instruments, and a proven ability to drive strategic initiatives in a global business environment.

Key Job Responsibilities

Treasury and Cash Management:

• Lead and manage global cash and liquidity strategies to optimize the company’s financial resources.
• Oversee cash flow forecasting, ensuring sufficient liquidity for operational and strategic needs.
• Develop and implement best practices for cash pooling, intercompany funding, and treasury operations.
  
  

Cash Forecasting

• Oversee cash forecasting process, ensuring accurate and timely updates.
• Provide weekly liquidity updates to the CFO, CEO, and Board of Directors.
• Make sure that global liquidity aligns with the company's short-term and long-term strategies, while also offering guidance to the CFO on strategic initiatives.
  
  

Currency Trading And Risk Management

• Administer the FXall platform, oversee monthly balance sheet exposures, and execute spot trades to mitigate exposure.
• Conduct spot trading activities for various global entities and manage cash flow hedging documentation when active.
  
  

Debt Reporting And Compliance

• Manage monthly borrowing base reporting and compliance, including AR and inventory data collection, certificate review, and signoff.
• Coordinate the preparation and submission of ABL quarterly compliance certificates and annual budgets.
• Ensure timely notice of bond interest payments and manage bond compliance activities, including officer’s certificate submissions.
  
  

Global Liquidity Management

• Coordinate weekly supply chain funding requests and manage ABL draws and repayments, ensuring sufficient funding for NA operations.
• Oversee intercompany funding activities and subsidiary dividend coordination with Tax.
• Manage cash pool administration and C2FO early payment programs.
  
  

Risk Management And Hedging

• Design and execute hedging strategies to mitigate currency, interest rate, and other financial risks.
• Manage exposure to financial risks using derivatives and other hedging instruments.
• Monitor market trends and regulatory changes impacting treasury activities.
  
  

Financial Instruments And Investments

• Evaluate, recommend, and manage financial vehicles and instruments to enhance the company’s return on investments.
• Oversee the selection and management of banking and financial service providers.
• Optimize capital structure through effective use of debt and equity instruments.
  
  

Strategic Leadership

• Partner with executive leadership to align treasury strategies with corporate objectives.
• Provide insights and recommendations on treasury and financial operations to senior stakeholders.
• Lead treasury transformation initiatives, including technology upgrades and process enhancements.
  
  

Compliance And Reporting

• Ensure compliance with regulatory requirements across all jurisdictions.
• Prepare and present comprehensive treasury reports to senior management and the board.
• Establish and maintain robust internal controls and policies for treasury operations.
  
  

Audit And Compliance

• Serve as the point person for key SOX controls and audit functions, ensuring compliance with internal and external audit requirements.
• Manage online banking user access reviews, bank account changes, and hedge designation forms.
  
  

Bank Account Management

• Oversee the opening and closing of bank accounts, coordinate with GBS on global banking issues, and manage bank KYC requests.
  
  

Accounting And Financial Reporting

• Prepare and submit monthly ABL accruals, MTM valuation reports, and review currency gains/losses.
  
  

Capital Origination

• Planning and executing strategies to raise funds for the Fossil’s growth, investments, or operational needs. This includes evaluating and selecting appropriate funding sources, such as equity, debt, or hybrid instruments, based on the organization’s financial goals and market conditions.
• Collaborates with stakeholders, including financial institutions, investors, and internal teams, to structure and negotiate favorable terms for the capital raised.
• Ensure compliance with regulatory requirements and align the capital strategy with the organization’s risk tolerance and long-term objectives, ultimately securing the resources necessary to support business initiatives.
  
  

Team Leadership And Development

• Develop and implement Treasury function long term resource plans, including full-time/part-time associates and temporary employees/contractors.
• Supervise temporary employees and contractors, clarify reporting relationships, and support the hiring process for open treasury roles.
  
  

Special Projects And Initiatives

• Assist and support on key projects as directed by the CFO or Executive Leadership Team.
  
  

Fossil Foundation Management

• Oversee Fossil Foundation investments and ensure sufficient funding for upcoming grants.
  
  

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA or equivalent advanced degree preferred.
• Certified Treasury Professional (CTP), Certified Financial Manager (CFM), or similar certification required.
• 8 years of demonstrated experience as a Treasurer or in a senior treasury position within a global organization, ideally in a publicly traded company.
• Proven expertise in cash management, hedging strategies, and financial instruments.
• Strong analytical, strategic thinking, and decision-making skills.
• Strong understanding of financial markets, investment management, and financial instruments.
• Excellent leadership abilities with experience managing cross-functional and global teams.
• Advanced proficiency in treasury management systems (TMS) and financial modeling tools.
• Strong leadership and communication skills, with the ability to influence and collaborate across all levels of the organization.
• Experience with treasury management systems and financial software.
  
  

Preferred Qualifications

• Experience in a multinational corporation with complex global operations.
• Familiarity with emerging financial technologies and digital payment solutions.
• Exceptional communication skills with the ability to convey complex financial concepts to diverse audiences.
  
  

At Array Tech, Inc., we strive to lead with our culture, and believe that our people are a key enabler of our future state. Our total rewards philosophy supports Array’s ability to attract, develop, and retain our employees. We offer competitive compensation, benefits and wellness programs that align with the local markets where we do business.

Array Tech, Inc. offers equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity, and gender expression, or any other legally protected status.