Korn Ferry · 2 weeks ago
VP of Treasury
Atlanta, GA
Full-time
Onsite
Director/Executive
$200K/yr - $2,400K/yr
7+ years expKorn Ferry has partnered with a client in search of a VP of Treasury to oversee the company's financial operations. The role involves managing working capital, banking relations, and financial reporting, while also leading tax activities and ensuring sufficient funds for operational costs and capital investments.
Management Consulting
Responsibilities
Engage with senior management, accounting, FP&A, and Legal; contribute to the advancements of the company’s strategy, ensuring that the long-range finance plan is supportive of the company’s strategic plans and the goal of enhancing enterprise value
Identify and institute best practices in financial risk management, cash, and investment management, working capital management (Accounts Receivable, Unbilled Revenue, Inventory), funding, treasury planning and analysis
Oversee cash management, cash forecasting, of the Company to create timely and accurate cash forecasting process, monitoring daily bank balances, and understanding the impact of working capital policies, accounting methods, cash requirements, capital projections, and board authorizations
Manage, monitor, and develop strategies for short-term investments, hedging positions, accounting and risk assessment for high deductible insurance programs, and credit and collections globally to support the business with appropriate levels of risk
Lead the Tax function, including federal/state income tax, local sales/use tax, and coordinating with third party tax consultants to minimize tax expense and timely filing of the returns
Active management of Accounts Receivable and Unbilled Revenue, working with internal and external constituents in the collection of Accounts Receivable and processing of Unbilled Revenue providing leadership and reporting
Develop strategies and policies for investing cash as appropriate, while ensuring operational flexibility and preservation of capital. Anticipates cash needs and makes recommendations to the CFO for changes in company policies that impact the amount of working capital required to run the business
Lead the reformation of invoicing, transforming the current process to add Quality Control steps and develop data flags to track metrics on invoice timing and accuracy
Cultivate and maintain strong relationships with lenders, banks, rating agencies, external advisors (tax and financial) and other financial institutions
Monitors and ensures loan covenant compliance, reviewing monthly interest expense, debt, and accrual journal entries, and oversees Letters of Credit
Establish and manage Treasury processes with a focus on continuous improvement and digital transformation. Oversee the continued implementation and integration of various technological systems and software
Coordinate with accounting, FP&A and legal departments on projects, tax planning, cash repatriation, legal entity capitalization, material intercompany or third-party transactions and agreements
Understanding the company’s Billing process, responsible for Invoicing oversight, confirming customer receipt and acceptance, and application of customer receipts
Create and communicate a clear and compelling vision within the Treasury organization, including goals and metrics to drive individual and group development. Implement a development program for the Treasury staff
Work with the Fleet department to ensure proper accounting for leases, and potential hedging opportunities for fuel, with the Procurement department to understand the impact of commodity costs on the Company to mitigate risks with financial hedges
Work with the Risk department to ensure proper accounting for insurance reserves, reserve coverage assessment, allocations, budgeting, and P&L accounting
Ensure compliance with relevant internal and external policies. Stay abreast of changes to government/agency policies/regulations affecting treasury activities (e.g. new accounting regulations, changes in tax law, sanctions, reporting requirements, etc.)
Guarantees global banking needs are sufficient to support the business; develops a strategy and corresponding policies and procedures for the company’s global banking structure with the vision of maximizing cash at HQ
Be well-versed in the company’s business operations and strategy. Develop an understanding of and be able to articulate 'the story behind the numbers'
Support the annual audit by working with the Controllership and providing information and responses to auditors
Qualification
Required
Bachelor's Degree in Accounting or Finance
7+ years' experience in a similar role
Strong financial acumen, knowledge of financial processes with the ability to produce, read, interpret, and analyze financial statements
Experience with liquidity/cash management, debt, and capital markets with experience managing complex banking and organizational structures and working with banking systems
Excellent interpersonal communication skills with the ability to influence others and to explain complex financial topics in an easily digestible manner
Ability to work collaboratively across departments
Ability to work under pressure and show evidence of creative thinking, identify opportunities for improvement, take ability to handle complex problems in a timely manner
Proficient in Microsoft Office Suite with strong spreadsheet and financial modeling skills (advanced user)
Preferred
Masters in Business Administration strongly preferred
Certified Treasury Professional strongly preferred
General knowledge of the utilities or telecommunications service industry
Power BI experience a plus
Benefits
Bonus
Equity
Company
Korn Ferry
Korn Ferry is a global consulting firm that powers performance.
10001+ employees
H1B Sponsorship
Korn Ferry has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (11)
2024 (11)
2023 (5)
2022 (16)
2021 (12)
2020 (25)
Funding
Current Stage
Late StageLeadership Team
Abigail Markley
Senior Consultant - CEO Impact Accelerator
Alicen Blair
Principal - Executive Search / CEO & Board Services
Recent News
SeekingAlpha
2024-03-06
2023-12-11
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