VP of Treasury

THE COMPANY

Our client is a global leader in money transfer services.  They are a publicly traded company in the NASDAQ, offering digital movement of money through proprietary technology.  They enable consumers to send money from the United States, Canada and Europe to Latin America, Africa, and Asia. Due to growth, they are currently seeking a VP of Treasury to be based in Miami, Florida.
 
THE POSITION

Job Summary:

Reporting to the Chief Financial Officer, the VP of Treasury is responsible for overseeing all operations that involve cash management, cash forecasting, banking/partner payer reconciliations & funding, cash flow projections, electronic payments, FX trading activities, credit facility management, and other activities within the Corporate Treasury area.  This leader will also manage and develop a high performing Treasury team of 4 in the US, supported by 3 offshore resources.

Essential Job Functions:

• Responsible for the daily cash management operations, daily cash position and short-long term cash forecasting
• Analysis across multiple entities to determine cash liquidity needs
• Manage and validate funds and review company daily cash position
• Review borrowing forecast, project and manage interest expenses
• Ensure compliance with regulatory requirements, internal controls, policies and procedures
• Forecast and execute debt borrowings from the Line of Credit
• Ensure continued monitoring and compliance with debt covenant terms
• Structure and maximize debt/equity funding decisions for international subsidiaries
• Oversee the process of payer reconciliation and funding
• Oversee FX trading for the company
• Oversee the Company’s stock buyback program
• Manage and scale the credit facility according to company needs
• Interact and build relationships with new and existing banking partners
• Develop and monitor operational policies
• Management of bank accounts, bank account opening/closing/changes, and signature card updates
• Provide analytical support on projects as well as ad-hoc requests

THE CANDIDATE

Candidate Responsibilities:

• Minimum of 10 years of experience in Treasury/Cash management coupled with experience in a similar role.
• Experience owning and managing FX trading function for the organization
• Experience refinancing and scaling credit facilities with Company growth objectives
• Bachelor’s degree required in Finance, Accounting and/or Business Administration
• Fully bilingual English and Spanish – verbally and written required
• Proficient experience with Microsoft Applications (MS outlook, Excel, Word, Power Point)
• Strong communication (written and verbal), analytical and interpersonal skills
• Strong organizational, critical thinking and customer service skills
• Ability to multitask and manage tight deadlines
• Experience leading teams (on-site and remote,) ability to partner with other business functions and operate effectively in a team environment