Vice President of Treasury

First Student•Cincinnati, OH

About The Position

The Vice President of Treasury leads the company's global treasury function, ensuring the organization has the liquidity, capital structure, and financial risk management needed to execute its strategy. The role is the company's primary relationship owner with banks, rating agencies, and debt investors, and advises the CFO, executive leadership, and Board on capital allocation, financing, and financial risk. The position oversees capital markets and corporate finance, global liquidity and cash management, financial risk management, banking relationships and treasury operations, governance and compliance, and pension and benefit plan investment oversight. It also builds and develops a high-performing treasury team and partners with Tax, Accounting, FP&A, Legal, Investor Relations, and business unit finance leaders.

Requirements

Bachelor's degree in Finance, Accounting, Economics, or a related field.
15+ years of progressive experience in corporate treasury, corporate finance, or investment banking.
At least 5 years in a senior treasury leadership role.
Demonstrated experience executing capital markets transactions, including investment-grade or high-yield debt and syndicated loans.
Deep knowledge of cash management, liquidity planning, and financial risk management.
Experience presenting to senior executives and Boards of Directors.
Experience with public company reporting, SOX controls, and rating agency interactions.
English proficiency is required.

Nice To Haves

MBA and/or CFA, CTP (Certified Treasury Professional), or CPA.
Experience in a multinational environment with global cash and FX exposure.
Experience with M&A financing, divestitures, or spin-offs.
Hands-on experience implementing or upgrading treasury management systems.

Responsibilities

Develop and execute the company's capital structure strategy, including debt issuance, refinancing, credit facility management, and commercial paper programs.
Lead bond offerings, term loans, revolving credit facilities, and other financing transactions with legal, tax, and investment bank advisors.
Support capital allocation decisions, including share repurchases, dividend policy, and M&A financing.
Maintain relationships with rating agencies and lead annual rating reviews to protect or improve the company's credit ratings.
Oversee global cash positioning, forecasting, pooling, and repatriation strategies.
Develop and maintain short- and long-term liquidity forecasts to meet operating, investment, and debt obligations.
Manage the investment portfolio of excess cash in accordance with Board-approved investment policies.
Optimize working capital in partnership with FP&A, accounts payable, and accounts receivable teams.
Design and execute hedging programs for foreign exchange, interest rate, and commodity exposures.
Ensure compliance with hedge accounting requirements (ASC 815) in coordination with the Controller's organization.
Oversee counterparty risk management and exposure limits, and, where applicable, enterprise insurance and risk transfer programs.
Manage the global bank group, including wallet allocation, bank fee analysis, and relationship strategy.
Oversee bank account structure, signatory authority, and treasury management systems.
Ensure robust controls over payments, fraud prevention, and cyber-related treasury risks.
Maintain treasury policies and present updates to the Audit or Finance Committee of the Board.
Ensure compliance with debt covenants and reporting obligations, and maintain SOX-compliant controls over treasury processes.
Contribute to SEC disclosures (10-K, 10-Q) related to liquidity, capital resources, debt, and market risk.
Oversee investment management of defined benefit and defined contribution plans, often as a member of the company's investment committee.
Manage relationships with plan trustees, investment consultants, and asset managers.
Build, lead, and develop a high-performing treasury team.
Partner with Tax, Accounting, FP&A, Legal, Investor Relations, and business unit finance leaders.