Director, Treasury

Hilco Corporate Finance, LLC; Northbrook (IL); On-site; USD 120,000 - 160,000; Full time

Job summary

A leading financial services company is seeking a Director, Treasury to oversee Treasury Management focusing on debt and cash management. This role involves managing credit facilities, cash flow analysis, and relationships with banks. The ideal candidate will have significant experience in Treasury functions and the ability to lead a team effectively in a fast-paced environment.

Benefits

Comprehensive benefits package

401(k) plans

Medical and dental plans

Life insurance

Mental health support

Qualifications

• 10+ years experience in Treasury, preferably in a Corporate Treasury function.
• Establishes and communicates performance standards and objectives.
• Hire, develop and manage a team effectively.

Responsibilities

• Oversee and maintain the Global debt position and optimize cash flow.
• Lead forecasting of all global cash flow, debt as well as interest expense.
• Manage North America Corporate banking relationships.

Skills

Communication

Analytical skills

Project Management

Education

Bachelor’s degree in Finance/Accounting or related field

Masters/MBA preferred

Job description

Hilco Global is the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies. We provide a comprehensive range of financial services that leverage a unique blend of deep restructuring and advisory experience in combination with capital solutions and principal investing through our merchant banking capabilities.

Hilco Global’s unrivaled track record has been hard-earned by serving as a trusted advisor, agent, investor and/or principal in transactions of all sizes and scopes for many of the world’s largest, most innovative and best-known companies. In each engagement, we work side-by-side with clients to deliver the best possible outcome by aligning interests and providing strategic insight, advice, and – increasingly – access to the capital required to complete the deal. Operating as a privately held, diversified financial services holding company, Hilco Global, its more than twenty highly specialized business units and 800+ professionals are positioned across five continents.

Our growing team has an open role for a Director, Treasury who will oversee all Treasury Management with a special focus on debt, cash management, forecasting, reporting, analytics, and project management. The Director oversees various credit facilities, management, and issuance of Letters of Credit/Guarantees. Key activities include debt and interest payments, wire transfers, cash flow management, reporting, and forecasting. This individual will oversee bank account analysis, maintain positive banking relationships in support of the credit facility including systems, user access, and fee structures.

Responsibilities

• Oversee and maintain the Global debt position by each segment and works to minimize the interest expense and optimize cash flow
• Support the SVP & Treasury team with research of new debt instruments, hedging opportunities, and options to minimize risk associated with financial instruments
• Lead the Treasury team with issuance and renewal of loan agreements including data gathering, analytics, data room support as well as documentation
• Provide Global cash reporting and analysis to Executive and Senior Management on a weekly, monthly, and quarterly basis
• Lead forecasting of all global cash flow, debt as well as interest expense and working with FP&A to ensure alignment to all forecasts as well as actuals
• Oversee all financial analysis and modeling related to all debt instruments, investments and interest expense/income
• Manage all North America Corporate banking relationships, including banking systems, fee structure, status of accounts and other banking issues
• Direct the issuance of wire transfers and letters of credit as well as its respective reporting
• Work directly with each business segment on deals to support managing the execution of each one seamlessly
• Manage strong internal control environment and ensures compliance to key Treasury SOX controls
• Lead compliance and regulatory efforts, fraud and risk mitigation for all Treasury processes
• Develop and maintain key partnerships with cross functional teams including AP, AR, Accounting, FP&A to streamline processes, reporting and forecasting and enhance savings opportunities
• Communicate and collaborate effectively with key internal stakeholders and other process leaders through transparency and partnership
• Lead the team with documenting processes and continuous improvement on streamlining processes
• Hire, develop and manage a team of professionals so that each member is performing at their best/most effective levels in the organization. Establishes and communicates performance standards and objectives
• Conduct annual performance reviews and provide timely feedback
• Perform other duties and responsibilities, as assigned

Qualifications

• Bachelor’s degree in Finance/Accounting or related field, Masters/MBA preferred
• 10+ years experience in Treasury, preferably in a Corporate Treasury function required
• Excellent communication skills to quickly establish relationships of trust and collaboration with stakeholders
• Hire, develop and manage a team of professionals so that each member is performing at their best/most effective levels in the organization
• Establishes and communicates performance standards and objectives
• Conduct annual performance reviews and provide timely feedback
• Performs other duties and responsibilities, as assigned

Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, age (40 and older), sexual orientation, genetic information, marital status, gender, veteran, or disability status.

In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/

Hilco Global (www.hilcoglobal.com ) is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global financial services leverage a unique blend of deep restructuring and advisory experience with capital solutions and principal investing. Hilco Global delivers customized solutions to undervalued, high potential companies to resolve complex and stressed situations and enhance long-term enterprise value. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and as needed monetize the value. Hilco Global has almost 4 decades of a successful track record of acting as an advisor, agent, investor and/or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 700 professionals operating on five continents and has large offices located in Boston, Chicago, New York, and Philadelphia within the USA.