Position Description: Treasurer
Basic Function: The treasurer position is responsible for corporate liquidity, investments, and risk management related to the company's financial activities.
Forecast cash flow positions, related borrowing needs, and available funds for investment
Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
Maintain banking relationships
Maintain credit rating agency relationships
Arrange for equity and debt financing
Invest pension funds
Monitor the activities of third parties handling outsourced treasury functions on behalf of the company
Advise management on the liquidity aspects of its short- and long-range planning
Oversee the extension of credit to customers
Maintain a system of policies and procedures that impose an adequate level of control over treasury activities
Desired Qualifications: Bachelor's degree in finance or accounting, plus 10+ years of progressively responsible treasury experience for a major company. Should have a thorough understanding of derivatives, hedging, investments, bank account management, and international funds flows.
Supervises: Treasury staff