Director Of Treasury

Who We Are: Schwazze (OTCQX:SHWZ | NEO:SHWZ) is building a premier, vertically integrated regional cannabis company with assets in Colorado and New Mexico. The parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale, Schwazze is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices.

For more information, please visit our website: www.schwazze.com

Job Title:Director of Treasury

Salary Range: $125,000 - $150,000 annually

Bonus: 20% target

Type: Exempt, Salaried

Location: Denver, CO (On-Site, 865 N Albion Street, Denver, CO 80220)

Position Objective

As the Director of Treasury at Schwazze, you will play a crucial role in overseeing our financial operations and ensuring the efficient management of financial resources in the cannabis industry. You will be responsible for developing and implementing strategies to optimize cash management, mitigate financial risks and drive profitability. The Director of Treasury will be responsible for providing strategic leadership for all treasury functions including performance improvement of working capital, cash management and banking administration for the company. The Director of Treasury will oversee and mitigate company risk exposure, manage short-term borrowing and debt administration.

Major Functions

Cash Management

• Manage day-to-day cash flow, ensuring optimal liquidity for operations and investments.
• Monitor and project cash needs to support business growth and expansion.
• Implement cash management strategies to maximize returns on surplus funds.

Risk Management

• Identify, assess, and mitigate financial risks, including credit risk, market risk and regulatory compliance.
• Develop and execute risk management strategies to safeguard the company’s financial assets.

Financial Reporting

• Prepare and analyze financial reports, budgets, and forecasts.
• Provide insights and recommendations for improving financial performance.
• Ensure compliance with industry-specific accounting standards and regulations.

Banking Relationships

• Manage relationships with financial institutions, negotiate banking terms, and maintain banking services agreements.
• Optimize banking and payment processes to streamline financial operations.

Investment Strategy

• Develop and execute investment strategies for surplus funds in compliance with industry regulations.
• Monitor and evaluate investment performance and make necessary adjustments.

Compliance and Regulatory Oversight

• Stay up-to-date with cannabis industry regulations and ensure compliance in all financial institutions.
• Collaborate with legal and compliance teams to address regulatory requirements.

Education and Experience

• Bachelor's degree in Business, Finance, Accounting or related field.
• Minimum of 8 years of experience in treasury management, finance or accounting.
• Knowledge of the cannabis industry and its unique financial challenges and regulations is preferred.
• Proficiency in financial software and Microsoft Excel required.
• Strong analytics skills with the ability to interpret and leverage data for strategic decision making.
• Excellent communication and leadership skills, to effectively manage a cross-functional team.
• Strong leadership, communication, and interpersonal skills.
• Strong understanding of compliance requirements and regulations in the cannabis industry.
• Ability to obtain and maintain an active MED badge in the state of Colorado.

A Plus, but Not Required

• MBA or relevant professional certification (e.g. CTP, CFA) is a plus.

Working Conditions

• Schedule will vary depending on the needs of the business (Nights, Weekends, Holidays included).

Benefits

• 401(k) + Employer Match
• Medical/Dental/Vision insurance
• Pet Insurance
• EAP Programs
• Flexible Time Off
• Paid Parental Leave
• Employee Discount at all Schwazze Retail locations

Schwazze is committed to fairness and equality of opportunity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

To be considered for this position your application must be submitted by March 22, 2024. If after said date the position is not filled, applications will be accepted until the position is filled.