NJ Group - Head - Treasury (2-4 yrs)

Detailed Job Description: Head of Treasury

About the Role:

We are seeking a highly experienced and strategic Head of Treasury to lead and manage all aspects of our treasury function.

This critical role is responsible for ensuring the organization's financial stability, optimizing cash flow, managing financial risks, and developing and implementing treasury strategies that support the company's overall business objectives.

The Head of Treasury will be a key member of the finance leadership team and will interact extensively with senior management and external financial institutions.

Responsibilities:

- Cash Management: Oversee all aspects of cash management, including cash forecasting, liquidity management, short-term investments, and bank account management.

- Optimize cash balances and ensure sufficient liquidity to meet operational needs.

- Liquidity Management: Develop and implement strategies to manage the company's liquidity position, including establishing lines of credit, managing short-term debt, and optimizing working capital.

- Financial Risk Management: Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, credit risk, and counterparty risk.

- Develop and implement hedging strategies to minimize exposure to these risks.

- Funding and Capital Markets: Manage the company's funding activities, including raising capital through debt and equity markets.

- Negotiate and manage relationships with banks and other financial institutions.

- Investment Management: Develop and implement investment strategies for surplus funds, considering risk tolerance, return objectives, and regulatory requirements.

- Treasury Operations: Oversee all treasury operations, including payments, collections, and reconciliations.

- Ensure efficient and accurate processing of transactions.

- Foreign Exchange Management: Manage the company's foreign exchange exposure, including spot transactions, forward contracts, and currency options.

- Relationship Management: Build and maintain strong relationships with banks, financial institutions, rating agencies, and other external stakeholders.

- Compliance and Reporting: Ensure compliance with all relevant regulations and accounting standards related to treasury activities.

- Prepare and present regular treasury reports to senior management and the board of directors.

- Team Leadership: Lead, manage, and mentor the treasury team, providing guidance, training, and development opportunities.

- Treasury Technology: Evaluate and implement treasury management systems and other technology solutions to automate processes, improve efficiency, and enhance risk management capabilities.

- Policy Development: Develop and maintain treasury policies and procedures to ensure sound financial practices and internal controls.

- Budgeting and Forecasting: Contribute to the budgeting and forecasting process, providing input on cash flow projections and funding requirements.

Qualifications:

- Bachelor's degree in Finance, Accounting, or a related field; MBA or other advanced degree preferred.

- 2+ years (or specify desired range) of progressive experience in treasury management, with a minimum of 5 years in a leadership role.

- Extensive knowledge of cash management, liquidity management, financial risk management, and capital markets.

- Strong understanding of accounting principles and financial reporting.

- Experience with treasury management systems and other relevant technologies.

- Excellent analytical, problem-solving, and decision-making skills.

- Strong communication, interpersonal, and presentation skills.

- Ability to work independently and as part of a team.

- Certified Treasury Professional (CTP) designation is highly desirable.

Preferred Skills (Optional):

- Experience with international treasury operations.

- Knowledge of specific industry regulations and best practices.

- Experience with mergers and acquisitions.

- Experience with debt restructuring