Garlock Flexibles · 2 months ago
Director, Treasury & Tax
Gardner, MA, US
Full-time
Hybrid
Director/Executive
10+ years expGarlock Flexibles is a private equity-backed flexographic printing business, and they are seeking a Director of Treasury and Tax to lead their enterprise-wide treasury function. This role is responsible for ensuring liquidity, optimizing capital structure, managing financial risk, and overseeing the company’s overall tax strategy.
Food and BeverageManufacturingPackaging ServicesPrinting
Responsibilities
Direct daily cash management operations, ensuring sufficient liquidity to meet operating, capital, and debt service needs
Develop rolling short- and long-term cash forecasts aligned with financial planning cycles (daily & 13-week cash flow models)
Optimize cash deployment across multiple plants, legal entities, and bank accounts
Manage relationships with lenders, monitor compliance with credit agreements, and ensure timely reporting of covenant compliance
Partner with CFO to evaluate financing opportunities
Support acquisition financing and integration of treasury operations for new businesses
Manage the company’s relationships with financial institutions, which includes opening and closing bank accounts, negotiating fees and services, and overseeing credit facilities
Implement strategies to manage exposure to currency fluctuations, which can affect international raw material sourcing, sales, and cross-border transactions foreign exchange exposure
Minimize the impact of volatile interest rates on borrowing costs and investments
Manage the financial impact of fluctuations in the cost of raw materials
Develop and monitor policies around corporate insurance, credit risk, and counterparty risk
Partner with operations, supply chain, and quoting to improve cash conversion cycle (receivables, payables, inventory)
Lead initiatives to unlock cash and improve liquidity across the enterprise
Lead collaboration with external tax advisors to design and execute tax strategies that optimize the company’s financial position
Coordinate with external tax advisors to ensure accurate preparation of federal, state and local income tax returns, ensuring timely and accurate filings
Coordinate potential R&D tax credits and incentive opportunities, partnering with operations and engineering to maximize eligible benefits
Partner with FP&A and Accounting to forecast cash taxes, analyze effective tax rate drivers, and support budgeting and long-range planning
Handle sales and use tax, property tax, and excise tax reporting across multiple states and jurisdictions
Act as the primary liaison with external tax auditors, tax authorities, and government agencies, managing all tax audits, inquiries, and disputes
Work with external tax preparers to conduct research on complex tax issues, monitor changes in tax legislation, and advise senior management and cross-functional teams (legal, finance, operations) on the tax implications of business decisions, transactions, and new initiatives
Establish treasury policies, procedures, and internal controls that support SOX-readiness and audit requirements
Ensure treasury operations are efficient, automated where possible, and scalable for growth
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or related field; Master's in Business Administration (MBA) or Certified Treasury Professional (CTP) designation preferred
10+ years of progressive treasury or corporate finance experience, with at least 3 years in a leadership role
10+ years of progressive experience in tax compliance and planning, with at least 3 years in a leadership role
Deep expertise in U.S. federal, state and local tax laws and regulations, with knowledge of international tax laws and transfer pricing as needed
Proficiency with tax compliance software (e.g., CCH Axcess, Thomson Reuters, Vertex) and ERP Systems (e.g., SAP, Oracle) is highly valued
Strong knowledge of debt compliance, cash forecasting, and treasury technology
Demonstrated success in working capital optimization in a manufacturing business
Excellent communication and relationship skills, with proven ability to interact effectively with lenders, investors, and senior executives
Hands-on, execution-oriented, and comfortable operating in a lean, fast-paced environment
Strong financial acumen, analytical skills and proficiency with financial software and ERP systems
Strong problem-solving skills
Preferred
Master's in Business Administration (MBA) or Certified Treasury Professional (CTP) designation
Experience in private equity–backed or leveraged environments strongly preferred
Company
Garlock Flexibles
With over 30 years experience in the packaging industry, Garlock is a flexographic printer with a complete converting capability and, has facilities on both the east / west coast.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-28Acquired
Leadership Team
Kevin King
Chief Financial Officer
Tom Brehm
Vice President Operations
Recent News
The Gardner News
2024-02-19
The Gardner News
2023-12-25
2023-12-25
Company data provided by crunchbase