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Key Responsibilities and Required Skills for a Treasury Director

💰 $160,000 - $250,000+

FinanceLeadershipTreasuryCorporate Finance

🎯 Role Definition

The Treasury Director is a senior strategic leader responsible for stewarding the organization's financial resources. This role oversees all aspects of treasury operations, including liquidity management, capital structure, financial risk mitigation, and banking relationships. The Director ensures the company has the necessary cash flow to meet its obligations, optimizes its use of capital, and protects financial assets from market volatility. They act as a key advisor to executive leadership on all matters related to corporate treasury, providing critical insights that shape the company's financial strategy and long-term stability.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Senior Treasury Manager
  • Assistant Treasurer
  • Corporate Finance Director

Advancement To:

  • Vice President (VP) of Treasury
  • Corporate Treasurer
  • Chief Financial Officer (CFO)

Lateral Moves:

  • Director of Financial Planning & Analysis (FP&A)
  • Director of Corporate Development / M&A

Core Responsibilities

Primary Functions

  • Develop and execute a comprehensive global cash management strategy to ensure adequate liquidity for all operational needs and strategic investments.
  • Design and maintain a robust 13-week and long-term cash flow forecasting process, collaborating with FP&A and business units to improve accuracy and visibility.
  • Oversee and optimize the company's capital structure, including managing debt covenants, negotiating credit facilities, and evaluating financing alternatives like debt and equity issuance.
  • Lead the management of financial risks, including developing and implementing hedging strategies for foreign exchange (FX), interest rate, and commodity exposures.
  • Cultivate and manage strategic relationships with a diverse group of global banking partners, investment firms, and credit rating agencies.
  • Direct the investment of the company's excess cash reserves, establishing an investment policy that balances risk, liquidity, and return objectives.
  • Oversee daily treasury operations, including cash positioning, electronic payments (ACH, wire), and management of bank account infrastructure.
  • Ensure strict compliance with internal treasury policies, as well as external regulations such as SOX, Dodd-Frank, and other relevant financial legislation.
  • Manage the company's corporate insurance and risk management programs, ensuring appropriate coverage is in place to protect corporate assets.
  • Lead the evaluation, implementation, and optimization of Treasury Management Systems (TMS) to drive efficiency, enhance controls, and improve reporting.
  • Provide executive-level reporting and presentations to the CFO, Audit Committee, and Board of Directors on treasury activities, risk exposures, and market conditions.
  • Act as the primary treasury subject matter expert for M&A activities, including due diligence, financing, and post-merger integration of treasury functions.
  • Develop and lead initiatives to optimize working capital across the organization by improving accounts receivable, accounts payable, and inventory cycles.
  • Administer all corporate debt facilities, ensuring timely reporting, compliance with all covenants, and management of interest and principal payments.
  • Oversee the administration of letters of credit, bank guarantees, and other trade finance instruments to support business operations.
  • Lead, mentor, and develop a high-performing treasury team, fostering a culture of continuous improvement, strategic thinking, and professional growth.
  • Monitor global financial markets and macroeconomic trends to proactively identify potential impacts on the company's liquidity and financial position.
  • Manage intercompany funding and lending activities, ensuring tax and legal efficiency in cross-border cash movements and repatriation.
  • Oversee the administration and strategy for corporate credit card and purchasing card programs to optimize rebates and control spending.
  • Spearhead special projects related to capital markets, such as share repurchase programs, dividend policy analysis, and capital allocation strategies.
  • Develop and maintain a comprehensive business continuity plan for all critical treasury operations to ensure resilience in the face of disruption.
  • Analyze and manage counterparty risk associated with banks, investment holdings, and other financial partners.

Secondary Functions

  • Support ad-hoc strategic financial projects and M&A due diligence with expert treasury analysis.
  • Contribute to the organization's long-term capital allocation strategy and overall financial roadmap.
  • Collaborate with legal, tax, and accounting departments to ensure transactional structures and funding mechanisms are efficient and compliant.
  • Participate in senior leadership meetings, providing expert insights on financial markets, liquidity, and capital strategy.

Required Skills & Competencies

Hard Skills (Technical)

  • Treasury Management Systems (TMS): Deep expertise in implementing and operating TMS platforms like Kyriba, ION, or GTreasury for automation and control.
  • Cash Flow Forecasting: Advanced proficiency in building complex, multi-entity cash forecasting models (short-term and long-term).
  • Financial Risk Management: In-depth knowledge of financial derivatives and practical experience designing and executing hedging strategies for FX and interest rate risk.
  • Capital Markets & Debt Management: Strong understanding of debt and equity capital markets, credit agreements, and covenant compliance.
  • Financial Modeling: Superior financial modeling skills for valuation, scenario analysis, and debt capacity analysis.
  • Corporate Investment Management: Knowledge of fixed-income securities and money market instruments for managing corporate cash portfolios.
  • Regulatory Compliance: Thorough understanding of SOX controls, GAAP/IFRS accounting for financial instruments, and other relevant treasury regulations.
  • Bank Relationship Management: Proven ability to negotiate terms and manage relationships with a wide array of financial institutions.

Soft Skills

  • Strategic Thinking: Ability to see the big picture and align treasury functions with the overarching goals of the business.
  • Leadership & Mentoring: Proven experience leading and developing a team of finance professionals, fostering a collaborative and high-performance environment.
  • Negotiation & Influence: Exceptional negotiation skills for dealing with banks, vendors, and internal stakeholders to achieve favorable outcomes.
  • Communication & Presentation: Outstanding ability to communicate complex financial concepts clearly and concisely to both finance and non-finance executives.
  • Analytical & Problem-Solving Skills: A sharp, analytical mindset capable of dissecting complex problems and developing data-driven, practical solutions.
  • Attention to Detail: Meticulous attention to detail and accuracy, especially concerning financial transactions, compliance, and reporting.
  • Executive Presence: The confidence and polish to effectively interact with and advise senior leadership and the Board of Directors.

Education & Experience

Educational Background

Minimum Education:

  • Bachelor's Degree in a relevant field.

Preferred Education:

  • Master of Business Administration (MBA) with a concentration in Finance.
  • Master's Degree in Finance or Economics.

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics
  • Business Administration

Experience Requirements

Typical Experience Range: 10-15+ years of progressive experience within a corporate treasury function or a related corporate finance role.

Preferred: Professional certifications such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) are highly valued and often preferred for this senior role.

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