Director, Treasury

Job Details

Description

Who We Are
At Corvias, we’re experts at developing solutions through partnership. Our mission is to be personally committed to solving our partners’ most difficult, systematic challenges by reimagining what is possible and realizing more resilient communities together. We believe a culture of caring, purposeful, diverse and courageous humans who want to make a difference for our partners will help us achieve that mission.
How You'll Contribute to the Team
The Director, Treasury manages day-to-day activities in cash and treasury functions to meet the financial obligations and long-term financial strategy of the Company, including managing overall finances, cash flow, working capital and forecasting, financial risks and covenants, debt, financial instruments and investments, and financial institution relationships. The Director, Treasury will oversee the day-to-day performance of one Corporate Senior Accountant who specializes in Treasury functions.
Primary Responsibilities Include:

• Supports treasury and cash management operations and helps develop strategies to maximize efficiencies, safeguard assets and minimize costs.
• Work closely with senior leaders to evaluate future capital needs to ensure organization can meet financial obligations and recommend ways to improve capital structure
• Recommends and implements improvement to current cash management processes.
• Oversees cash functions, including cash positioning, cash reporting and forecasting, short term investing and borrowing, wire payments, fraud prevention, hedging, bank account set up and maintenance, and bank relationship management.
• Assists in managing and maintaining the Company’s banking infrastructure, including online portals, assigning roles & responsibilities to achieve proper segregation of duties, and ensuring treasury system integrations achieve efficient and effective results.
• Maintains strong understanding of the accounting and financial structure of each project entity, including flow of funds distribution, lockbox agreements, and legal requirements as it relates to cash management.
• Analyzes, interprets and communicates financial operating results to provide information and guidance to company management and executives.
• Monitors compliance with credit agreements requirements including covenants and financial ratios and provides assistance in the preparation of the compliance package provided to lenders.
• Collaborates with accounting and finance leadership in providing overall direction to the accounting and finance team in support of company and treasury objectives/initiatives.
• Identifies cost-saving and profit maximizing opportunities related to treasury.
• Assists in preparing annual budgets and quarterly reforecasting.
• Oversees issuance of letters of credit.
• Oversees derivative/swap instruments and interest exposure.
• Manages performance bonds and guarantees.
• Support compliance with and implementation of internal controls, policies, and procedures.
• Creates and communicates treasury policies and manuals in a standardized and professional manner.
• Be a principal contributor in fostering a strong team environment between accounting and finance.
• Oversees the day-to-day performance of one Corporate Senior Accountant.
• Assists with miscellaneous projects or initiatives, as assigned.
• Other duties, as assigned.

Role Specific Requirements Include:

• Degree in Accounting, Business, Finance, Management, or Economics.
• CFA, CTP or MBA preferred.
• Minimum of 15 years' relevant treasury and finance experience.
• Minimum of 5 years' supervisory experience.
• Strong knowledge of cash management, financial analysis and treasury risk management.
• Knowledge of MS Office including Excel.
• Knowledge of accounting software packages including SAP, Yardi.
• Excellent interpersonal and communication skills.
• Requires a team player in a fast-paced entrepreneurial environment.
• Professional and positive attitude required.
• Ability to travel up to 10%.

Competencies

• Business and Financial Acumen - Makes decisions based on a solid understanding of the business and the wider industry. Maximizes results by understanding and aligning actions with the organization's goals, core functions, needs, and values. Applies financial knowledge to address organizational needs.
• Strategic Leadership and Execution - Applies vision to think beyond the immediate situation and explores multiple potential paths. Invests time in planning, discovery, and reflection to better drive decisions and more efficient implementation. Ensures that business goals are met by executing, monitoring, and adjusting the organizational action plan.
• Problem Solving and Decision Making - Uses critical thinking to evaluate problems, gather information, understand causes, and identify best possible solutions. Invests time in planning, discovery, and reflection to drive better decisions and more efficient implementations.
• Resilience - Thrives and grows in a rapidly changing and complex environment. Displays flexibility, activates networks, and adopts a continuous growth mindset to learn from mistakes and bounce back from adversity.
• People Leadership - Inspires, motivates, and empowers people to achieve organizational goals. Coaches, mentors, and manages employee experience and employee performance through mindful preparation. Creates space for others to lead.

Corvias Group, LLC (the “Company”) does not discriminate in employment or applications for employment based on an applicant’s sex, race, color, religion, sexual orientation, national origin, ancestry, service in the armed forces of the United States, disability, or any other protected classification as outlined by Federal, State or local laws.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Disability insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Tuition reimbursement
• Vision insurance
• Work from home

Experience level:

• 11+ years

Supplemental pay types:

• Yearly bonus

Work Location: Remote