Director, Treasury

Long Description

A leader in technology and innovation, Southwire Company, LLC is one of North America’s largest wire and cable producers. Southwire and its subsidiaries manufacture building wire and cable, metal-clad cable, portable and electronic cord products, OEM wire products, and engineered products. In addition, Southwire supplies assembled products, contractor equipment, and hand tools. We are proud to offer competitive compensation, employee benefits, tuition reimbursement, and unlimited growth opportunities. Our nearly seven decades of progressive growth can be attributed to our determination to develop innovative systems and solutions, exercise environmental stewardship, and enhance the well-being of our communities. How will you power what’s possible? 
The Director of Treasury is a role that provides a deep understanding of financial management, investment management, and corporate finance to provide daily oversight of all aspects of the Treasury function. The position has day-to-day oversight of cash management, liquidity planning, trade and supply chain finance, hedging, debt covenant compliance, and the maintenance of a sound internal controls environment.  The Director of Treasury will manage a core treasury team of four team members consisting of two Senior Treasury Analysts and two Treasury Analysts

Long Description

Essential Duties and Responsibilities
•    Lead, mentor, and develop less experienced treasury team members.
•    Lead technology implementations; Including the continued implementation of the treasury management system – Kyriba.
•    Coordinate the establishment or revision of policies and procedures for all core treasury functions to ensure internal controls are effectively designed and maintained.
•    Develop expert knowledge of the Company’s debt covenants and borrowing base mechanics. Coordinate ongoing monitoring of the Company’s debt covenant compliance process.
•    Support in the implementation and expansion of supply chain finance and other initiatives aimed at enhancing and reporting on the efficiency of the allocation of capital across the Company’s operations.
•    Oversight of treasury operations and cash management/forecasting activities to ensure adequate liquidity is maintained to support the needs of the company at a minimum cost & executed under a sound internal controls environment.
•    Develop expert knowledge and oversight in commodity, currency, and interest rate risk hedging activities, including design, documentation, execution, and reporting.
•    Coordinate the treasury team effort in the preparation of periodic financial results and presentations to the Board, Rating Agencies, and lenders. 
•    Collaborates with cross-functional partners on special projects and ad-hoc assignments under direction from the Vice President of treasury.
Scope and Impact
•    This position helps support the maintenance of important relationships with vendors and financial partners. The responsibilities of this position may impact all Southwire operating divisions.  Execution of this position’s responsibilities could impact the company’s creditworthiness by negatively affecting the financial statements that could potentially breach our credit agreement covenants.   
Qualifications and Experience
•    Bachelor’s Degree in Accounting, Finance, Economics, or related degree required. Advanced degree, Chartered Financial Analyst (CFA), and/or Certified Treasury Professional (CTP) designation preferred.
•    At least 10 years of relevant Treasury experience within a large complex organization, including a minimum of 5 years in a supervisory role.
•    Comprehensive knowledge of treasury operations, hedging, debt financing investor presentations, and relevant financial concepts.
•    Requires precise attention to detail, a self-starter, outstanding organizational skills, and a strong ability to multi-task.
•    Requires excellent written and verbal communication skills, exceptional interpersonal skills, and ability to appropriately influence internal senior-level decision-makers and external advisors, lenders, rating agencies, and banking partners.
•    Familiarity with a treasury management system, banking cash management portals, and proficiency with Microsoft Office applications is critical.

Long Description

Required Education, Experience, and Skills
Minimum Education Level: Bachelor's
Specialized Degree: Finance, Economics, or related degree required
Years of Experience: 10+
Field of Expertise: Treasury experience within a large complex organization, including a minimum of 5 years in a supervisory role

Preferred Education, Experience, and Skills
Minimum Education Level: Master's
Certificates: Chartered Financial Analyst (CFA) and/or Certified Treasury Professional (CTP) designation 
Other Preferred Skills, Licenses, & Certificates:    
•    Comprehensive knowledge of treasury operations, hedging, debt financing investor presentations, and relevant financial concepts.
•    Requires precise attention to detail, a self-starter, outstanding organizational skills, and a strong ability to multi-task.
•    Requires excellent written and verbal communication skills, exceptional interpersonal skills, and ability to appropriately influence internal senior-level decision-makers and external advisors, lenders, rating agencies, and banking partners.
•    Familiarity with a treasury management system, banking cash management portals, and proficiency with Microsoft Office applications is critical.

Reports To (Supervisor Title):    VP, Treasury
Does this role Manage Southwire Team Members:    Yes
Direct Reports Job Title(s): Analyst, Senior Analyst
Number of Direct Reports: 2-5

Scope:    All Locations
Workplace Setting: Hybrid (2-3 days a week On-Site)

Competencies