Director of Treasury Operations

Faropoint•Hoboken, NJ

3d•$120,000 - $150,000•Hybrid

About The Position

Faropoint is seeking a Director of Treasury Operations to oversee treasury operational functions supporting cash management, investment activities, and financial risk management. Reporting to the Head of Finance Operations, this role leads global cash positioning and liquidity, manages banking relationships, owns payment controls and fraud prevention, and modernizes treasury technology, including the Kyriba platform. The Director will use sound judgment, operational rigor, and a collaborative approach to optimize financial resources and support the Treasury function as it grows. The position is hybrid and based in Hoboken, New Jersey, with at least four days per week in the office. The role offers a base salary of $120,000–$150,000, plus a discretionary bonus, competitive healthcare benefits, unlimited PTO, and a 401(k) match.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field.
5–10+ years of treasury or cash management experience.
Proven experience with cash management, forecasting, and banking relationships.
Knowledge of corporate banking systems, fraud prevention, cash positioning, and multi-entity cash flows.
Experience managing bank account lifecycle events and multi-entity fee billback processes.
Familiarity with wire approval workflows and dual-control payment authorization.
Strong analytical judgment, attention to detail, and ability to work independently under tight deadlines.
Ability to translate complex financial data into concise recommendations for executive leadership.
Personal and professional integrity of the highest order.

Nice To Haves

Real estate and/or construction industry experience is strongly preferred.
Hands-on experience with Kyriba or other treasury software.

Responsibilities

Lead daily global cash positioning, liquidity management, and cash forecasting across multiple entities; optimize credit line usage and build dashboards to track available funds.
Design, implement, and optimize treasury systems, including Kyriba, integrated with ERP and payment workflows.
Serve as the primary contact for commercial banks; manage account structures, fees, and portal configurations; lead account openings and closings; negotiate service fees; and oversee bank fee billbacks across entities.
Establish and maintain treasury policies, payment controls, and fraud prevention processes.
Serve as an approver in the wire transfer workflow to ensure adherence to internal controls.
Partner with Accounting, the Fund team, FP&A, and Operations on cash management.
Build and develop the Treasury organization as it grows.