Director of Treasury

Wahl Clipper; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Wahl Clipper Corporation seeks a Director of Treasury to enhance cash management and liquidity strategies. You'll lead treasury initiatives, ensuring compliance with financial regulations and optimizing operational efficiencies while mentoring your team. Join a legacy company that values innovation and dedicated service.

Benefits

BCBSIL Medical coverage offered as low as $14 per week

401(k) with generous company match

Tuition Reimbursement program - up to $10,000

Free onsite clinic

10 paid holidays per year

Casual work environment

Free Employee Assistance Program (EAP)

Daycare discounts

Company paid Life Insurance

Company paid Short-Term Disability/Long Term Disability

Qualifications

• Minimum 10 years in treasury or similar role.
• Advanced skills in Excel and treasury platforms.
• Certificate of Training in Foreign Exchange Transactions.

Responsibilities

• Develop and implement treasury strategies and policies.
• Manage cash flow to ensure liquidity.
• Lead and mentor the treasury team.

Skills

Analytical Skills

Attention to Detail

Collaboration

Education

Bachelor's degree in finance or related discipline

Tools

Microsoft Dynamics

SAP

Job description

WAHL EMPOWERS PEOPLE TO BE THEIR BEST!

Wahl Clipper Corporation, a global manufacturer of branded Consumer and Professional products, has an exciting opportunity for a highly collaborative, treasury expert to join our team as a Director Treasury .

The Treasury Director contributes to the company's success by developing and executing treasury strategies that optimize cash management, liquidity, and working capital, minimizing the negative financial impact due to currency fluctuations, and centralizing cash within a limited number of safe-haven countries.

ESSENTIAL FUNCTIONS :

Develop and execute a cash pooling framework to ensure that a minimal amount of cash is held outside of the U.S. and/or similar safe-haven countries.

Develop and implement global treasury strategies and policies that align with the company's financial objectives.

Manage the company's cash flow to ensure liquidity and optimize the use of funds.

Coordinate with banks and financial institutions to manage/minimize banking relationships and negotiate favorable terms while optimizing operational efficiencies.

Ensure compliance with international financial regulations and reporting standards.

Prepare financial reports and forecasts for senior management and stakeholders.

Lead and mentor the treasury team, fostering a culture of continuous improvement and professional development.

Implement hedging strategies to minimize foreign exchange transaction and translation losses.

Incorporate an intercompany netting framework to avoid physical cash transfers and associated costs.

Refine the company's investment policy and work with an external investment firm to ensure that returns on invested cash are maximized within the framework and balanced against an acceptable risk spectrum.

Minimize global days sales outstanding by developing policies to reduce customer payment terms, and work with the regional finance directors to ensure that the policies are being followed and that targets are set and achieved for both weighted average payment terms and weighted average payment days.

Maximize global days payables outstanding by developing policies to increase vendor payment terms, and work with the regional finance directors to ensure that the policies are being followed and that targets are set and achieved for both weighted average payment terms and weighted average payment days.

Collaborate with cross-functional teams on both tactical and strategic initiatives so that scope of treasury is considered where applicable.

MINIMUM REQUIREMENTS :

• Bachelor's degree in finance or related discipline.
• Minimum 10 years in treasury, or similar role, with at least 3 years operating in a global environment.
• Certificate of Training in Foreign Exchange Transactions
• Advanced skills in Excel, treasury platforms, and Microsoft Dynamics, SAP or similar ERP systems.
• Driven by continual learning and a desire to have an impact on the long-term success of the organization.
• Ability to build effective working relationships across the organization, founded on credibility and mutual respect.
• Strong analytical skills based on relevant data and critical thinking.
• Focus on accuracy with a strong attention to detail.
• Adhere to stated and self-imposed deadlines.
• Global Finance values: respect, integrity, accountability, collaboration, innovation, transparency.

Why Wahl?

We are proud to celebrate over 100 years as the standard for grooming products used by barbers and hairdressers all over the world. Professionals and home users have relied on our innovative clippers, trimmers and personal care products for an entire century.

Today, the fourth generation of the Wahl Family remains deeply rooted in the daily operations and management of the organization. Living beyond the footsteps of their great-grandfather, the family continues to ensure that everything that Wahl produces aligns with the same core family values.

When you work at Wahl, you join a community that is proud of its heritage of excellence and ground-breaking innovations and a company that focuses on creating value for the customer and long-term growth.

Perks & Benefits:

• BCBSIL Medical coverage offered as low as $14 per week, INCLUDING pharmacy
• In & Out-of-network BCBSIL Dental coverage, with orthodontics for as low as $6 per week
• In & Out-of-network BCBSIL by EyeMed, Vision coverage, $3 per week for family coverage
• Free onsite clinic featuring a Nurse Practitioner, a Physical Therapist, and free lab services
• Employer funded health savings account -up to $2000!
• Biometric testing with wellness credits
• 401(k) and Roth 401(k) with generous company match
• Profit Sharing
• Tuition Reimbursement program - up to $10,000 per calendar year
• Scholarship Program
• Daycare discounts
• Free Employee Assistance Program (EAP) with legal consultative services and discounts
• Company paid Life Insurance
• Company paid Short-Term Disability/Long Term Disability
• 10 paid holidays per year
• Casual work environment

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