What are the responsibilities and job description for the Director, Treasury position at Ocean Spray?
Ocean Spray is hiring for a(n) Director, Treasury! We're a team of farmers, thinkers, creators, and doers. Whatever your title, whatever your role - it always comes back to this : we're a farmer-owned co-op where everyone rolls up their sleeves to get the job done. Three maverick farmers started it all - and we've been making our own way ever since.
Position Location : We're all about flexibility! This will be a hybrid role based out of our corporate headquarters in Lakeville, MA or our Seaport Boston, MA location with Mondays & Fridays remote.
The Director, Treasury is responsible for the oversight and control of the Treasury function. This position will manage efficient cash utilization that supports and aligns with the Cooperative's long-term strategy. In addition to the typical responsibilities associated with managing the company's global treasury operations, the Treasurer will also have leadership responsibility for the Cooperative's grower finance team. Strong leadership and team development skills are a must.
A Day in the Life...
- Optimize capital structure, balancing cost and risk, while ensuring sufficient flexibility is available for long-term strategic activities.
- Initiate and oversee the execution of all debt and equity transactions and serve as the key contact point for investors / lenders and credit rating agencies.
- Manage all aspects of the company's cash flow, including the oversight of daily operations, maintaining banking relationships, developing cash flow forecasts, and ensuring availability of funds to meet ongoing operational and capital investment requirements.
- Expected emphasis to be given to continuous improvement (key routines, processes, reporting, policies, etc.), increasing levels of automation, and improving internal controls.
- Partner with broader finance team and company leadership to develop a financial vision and strategy that supports Ocean Spray's long-range plans.
- Develop annual operating plans, evaluating capital expenditures and all financing activities, ensuring adequate funding for key growth initiatives. Strategic thought leadership is expected.
- Ensure compliance with corporate hedging programs (e.g. FX, interest rates, commodities)
- Partner with legal team and Enterprise Risk Manager to drive the strategic risk management agenda for the Cooperative including the analysis, placement, and optimization of insurance coverage, along with the insurance broker relationship.
- Attract, and retain talent, with a focus towards developing treasury team's capabilities.
- Maintain a system of policies and procedures that impose an adequate level of control over Treasury activities and ensure compliance with relevant regulations.
What We Are Looking For :
Education :
Bachelor's or University Degree (Required)
Master's Degree (Preferred)
Work Experience :
At least 10 Years of Experience
Benefits :
Health, Dental and Vision insurance
Who We Are :
You might have our iconic cranberry juice in your fridge or have gotten into heated holiday debate about what's better - canned or fresh cranberry sauce. But did you know that the hardworking people growing the superfruit in our products are 700 family farmers that own our cooperative? They entrust us with what is most precious to them to create new and innovative products that will delight consumers and grow this beloved brand today and into the future.
Team members, farmers, consumers and communities alike we value what makes us unique and strive to connect our farms to families for a better life by living our values :
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
