Sr. Director, Assistant Treasurer

Herbalife • Torrance, CA

4d

About The Position

THE ROLE: The Senior Director, Assistant Treasurer is a key senior finance leadership role with a global scope of responsibilities, overseeing worldwide cash management, an in-house bank, FX risk management and capital markets. Reporting to the Vice President and Treasurer, the Assistant Treasurer will provide leadership and be responsible for financial (including foreign exchange and interest rate) risk management, capital structure planning and analysis and capital market initiatives. Leadership and expertise will be applied to ensure the delivery of results and the completion of global cross-functional initiatives and special projects/analysis as required in support of Herbalife’s operating business and distributor-facing initiatives. HOW YOU WOULD CONTRIBUTE: Directly oversee the global cash management function, leveraging an in-house bank structure to identify and implement best-in-class cash optimization strategies. Lead cash flow analysis/projections and related repatriation and funding strategies for global affiliates. Lead FX and interest rate risk mitigation strategy development, analysis, planning and execution Manage debt capital markets strategies, communicate with internal and external partners, administer payments and ensure compliance with all debt covenants. Leverage strong leadership and project management skills to complete Treasury and cross-functional/global initiatives and other special projects/analysis. Collaborate with and manage Treasury’s relationships with internal business partners including tax, FP&A, accounting, legal and international/domestic operating businesses and external financial institutions, including commercial banks. Manage and mentor direct reporting staff and collaborate effectively with staff and leadership across the business to influence outcomes. WHAT’S SPECIAL ABOUT THE TEAM: Supporting sales and operations in over ninety countries builds evolving challenges for the Corporate Treasury team in managing cash across the globe and mitigating FX exposures. Additionally, Corporate Treasury is in the midst of a structural transformation, leveraging new tools such as a Kyriba treasury management system and an in-house bank structure to centralize operations and better streamline, automate and standardize processes. This provides a unique opportunity for an experienced Treasury executive who wants to lead new initiatives and make a meaningful impact on the organization.

Requirements

• 12+ years of experience in corporate treasury in multinational public companies, including oversight over global cash management operations
• Demonstrated progression in scope of responsibilities, leadership capacity and accountabilities. Strong “change management” skills with experience in implementing new operational structures and processes.
• Strong analytics with proficiency in leveraging analytical and data-driven approaches to assess opportunities and develop/implement key critical initiatives
• Current hands-on or direct responsibility for currency risk management strategy and execution
• Leadership role in the execution of recent capital market initiatives
• Detailed knowledge of treasury operations, including the use of treasury management systems and in-house bank structures

Nice To Haves

• MBA degree

Responsibilities

• Directly oversee the global cash management function, leveraging an in-house bank structure to identify and implement best-in-class cash optimization strategies.
• Lead cash flow analysis/projections and related repatriation and funding strategies for global affiliates.
• Lead FX and interest rate risk mitigation strategy development, analysis, planning and execution
• Manage debt capital markets strategies, communicate with internal and external partners, administer payments and ensure compliance with all debt covenants.
• Leverage strong leadership and project management skills to complete Treasury and cross-functional/global initiatives and other special projects/analysis.
• Collaborate with and manage Treasury’s relationships with internal business partners including tax, FP&A, accounting, legal and international/domestic operating businesses and external financial institutions, including commercial banks.
• Manage and mentor direct reporting staff and collaborate effectively with staff and leadership across the business to influence outcomes.

Benefits

• Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and the District of Columbia), which includes Group Health Programs, other Voluntary Benefit Programs, and Paid Time Off.
• Group Health Programs include Medical, Dental, Vision, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Basic Life/AD&D Short-Term and Long-Term Disability, and an Employee Assistance Program (EAP).
• Other Voluntary Benefit Programs include a 401(k) plan, Wellness Incentive Program, Employee Stock Purchase Plan (ESPP), Supplemental Life/Critical Illness/Hospitalization/Accident Insurance, and Pet Insurance.
• Paid time off includes Company-observed U.S. Holidays, Floating Holidays, Vacation, Sick Time, a Volunteer Program, Paid Maternity and Paternity Leave, Bereavement Leave, Personal Leave and time off for voting.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees