Director of Treasury

Chobani • New York, NY

3d • $140,000 - $220,000

About The Position

The Director of Treasury is responsible for debt management, including high-yield financing through loans and bonds, rating agency and bank relationships, cash and liquidity management, and financial risk management. The director will also source talent and build finance team capability through training and mentoring, and will have two direct reports.

The role leads capital markets transactions and capital structure analysis; manages commodity and foreign exchange risk; oversees equity and balance-sheet modeling and valuation; and supervises liquidity management. It also supports interest expense and income forecasting, develops investment strategies, oversees cash flow forecasts from Australia and Mexico, and evaluates treasury and market risk systems.

Requirements

• Bachelor’s degree in accounting or finance.
• At least 10 years of experience working in Corporate Treasury, including debt capital markets experience.
• Advanced MS Excel skills.
• Knowledge of accounting principles.

Nice To Haves

• MBA or CFA.

Responsibilities

• Lead leveraged loan and high-yield bond transactions, annual renewal of the accounts receivable trade facility, and management of equipment financing facilities.
• Lead preparation for quarterly lender calls, respond to ad hoc data requests, and manage quarterly compliance requirements.
• Recommend target fixed-rate versus floating-rate debt, identify derivative transactions to achieve targets, and partner with accounting on hedge accounting processes and needs.
• Manage financial institution relationships and maintain a fee-versus-commitment model to ensure relationships are mutually beneficial.
• Support FP&A with forecasts for consolidated interest expense and income.
• Lead multi-year modeling of the balance sheet and credit metrics, collect peer data, and recommend target leverage and ratings.
• Lead annual S&P and Moody’s reviews and provide quarterly updates to rating agencies.
• Identify commodity and foreign exchange exposure and recommend strategies using financial derivatives.
• Develop processes to execute and monitor approved commodity and foreign exchange risk management strategies.
• Own and update the equity waterfall model and equity cap tables quarterly or as needed, coordinating with HR and Legal on new equity grants and buybacks.
• Lead quarterly equity valuation with a third-party valuation firm.
• Evaluate and model the impact of strategic alternatives, including an IPO, on equity ownership.
• Supervise the liquidity analyst to ensure adequate liquidity for working capital needs.
• Develop investment strategies and identify investment instruments.
• Oversee cash flow forecasts from Australia and Mexico.
• Evaluate implementation of a market risk system and a treasury management system.
• Source talent and build finance team capability through training and mentoring.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• Disability insurance
• Health savings account
• Flexible spending accounts
• Tuition reimbursement
• 401(k) match of 100% on up to 5% of eligible pay
• Fertility assistance
• Childcare assistance
• 12 weeks of parental leave at full pay after six months of continuous employment
• Employee assistance program
• Fitness discounts
• Wellness reimbursement
• On-site gym access at certain locations
• 120 hours of paid time off
• 11 paid holidays
• Paid volunteer time off
• Bonus
• Equity

What This Job Offers

• Job Type: Full-time
• Career Level: Director