Director Treasury

McDermott•Houston, TX

About The Position

The Director Treasury applies expertise in corporate finance, capital markets, debt and credit facilities, liquidity management, and financial analysis to evaluate and execute complex financing transactions. The role works closely with senior leadership, business and functional leaders, external financial institutions, legal counsel, and financial advisors on matters affecting the Company’s capital structure, liquidity, financial flexibility, and strategic objectives. The Director Treasury leads and supports the structuring, negotiation, execution, and ongoing management of funded and unfunded financing arrangements, including revolving credit facilities, term debt, bonds and other capital markets instruments, letters of credit, bank guarantee facilities, and other liquidity solutions. The role also supports investor relations and credit ratings activities by developing financial analyses, presentations, forecasts, and other materials communicating financial performance, liquidity, capital structure, and strategic objectives to lenders, investors, rating agencies, shareholders, and other stakeholders.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Business, or a related discipline.
Seven to ten years of progressive experience in corporate treasury, corporate finance, capital markets, investment banking, leveraged finance, or a related discipline.
Demonstrated experience with debt and credit facilities, capital markets transactions, and complex financing structures.
Strong understanding of corporate finance, capital structure, liquidity, leverage, credit analysis, and financial markets.
Strong financial modeling and analytical skills, including analysis of cash flow, leverage, liquidity, interest expense, covenant capacity, and financing alternatives.
Working knowledge of accounting and financial statements sufficient to evaluate financial performance, cash flow, credit metrics, and financing transaction accounting implications.
Strong negotiation skills and demonstrated ability to manage sophisticated relationships with banks, lenders, investors, advisors, and other external stakeholders.
Demonstrated ability to execute complex cross-functional transactions involving Finance, Legal, Accounting, Tax, Commercial, and senior management.
Excellent executive communication and presentation skills, including the ability to explain complex financial concepts clearly and concisely.
Strong project-management capabilities and ability to manage multiple complex workstreams under demanding transaction timelines.
Ability to exercise independent judgment and operate effectively with senior executives and external counterparties.

Nice To Haves

MBA, CTP, CFA, or another relevant advanced degree or certification.
Experience with letters of credit, bank guarantees, or other unfunded credit products, particularly in a global, project-based, engineering/construction, or industrial environment.
Experience supporting or managing credit rating agency and/or investor relations activities.

Responsibilities

Lead and support the structuring, negotiation, execution, and ongoing management of the Company’s capital structure and financing arrangements, including revolving credit facilities, term loans, bonds, private credit facilities, letters of credit, bank guarantees, and other funded and unfunded liquidity facilities.
Evaluate financing alternatives and recommend approaches to senior leadership concerning capital structure, liquidity, debt capacity, financing costs, maturity profiles, covenant flexibility, and other strategic financial considerations.
Negotiate commercial and financial terms with banks, lenders, investors, and other capital providers, coordinating with internal and external legal counsel on financing documentation and related terms.
Manage global letter of credit and bank guarantee capacity, including facility sizing, utilization, issuance capacity, counterparty allocation, collateral requirements, pricing, and coordination with operating businesses.
Maintain and develop relationships with banks, institutional lenders, bond investors, private credit providers, and other capital providers to support financing needs and diversified access to liquidity and credit capacity.
Support capital markets transactions from strategy through closing, including financial analysis, structuring, diligence, management presentations, documentation, syndication and marketing, and closing activities.
Lead or support credit rating agency relationships and ratings processes, including presentations, forecasts, liquidity analyses, leverage and credit metrics, and diligence responses.
Support investor relations activities by preparing and reviewing financial analyses, investor presentations, earnings materials, management talking points, and other financial communications.
Develop and maintain financial models and analyses for financing and strategic decisions, including liquidity forecasts, debt and interest expense projections, leverage and coverage calculations, covenant analyses, cash flow forecasts, and scenario and sensitivity analyses.
Monitor compliance with debt agreements and other financing arrangements, including covenants, baskets, restricted payment capacity, indebtedness limitations, liquidity requirements, and reporting obligations.
Partner with Legal, Accounting, Tax, FP&A, Commercial, Project Finance, and business leadership to assess financial and liquidity implications of major transactions, project requirements, acquisitions, divestitures, restructurings, and strategic initiatives.
Support transaction-related financing needs, including replacement or backstop letters of credit, guarantees, collateral arrangements, and other financing solutions.
Manage corporate liquidity and short- and medium-term cash forecasting, assessing available cash, borrowing capacity, restricted liquidity, working-capital needs, and anticipated financing requirements.
Monitor financial and capital markets developments affecting financing strategy, including interest rates, credit spreads, lending conditions, bond markets, and other sources of capital.
Prepare and present financial analyses and recommendations to senior leadership and other stakeholders, translating complex financing and capital markets matters into business implications and actionable recommendations.
Coordinate with external financial advisors, investment banks, commercial banks, legal counsel, rating agencies, and other professional advisors on financing and strategic transactions.
Provide leadership, development, and mentorship to Treasury professionals, and establish processes, controls, policies, and governance over Treasury activities.
Maintain Treasury policies, procedures, controls, documentation, and regulatory compliance requirements.