Treasury Director

How Youll Contribute

Who We Are

The Finance department is responsible for the overall integrity of the Societys financial activities and provides timely and accurate financial information, protects Society assets, and ensures compliance with federal, state, and local laws from a financial and fiduciary vantage point. With an emphasis on accuracy, integrity, and insight, the Finance Division strives to be a value added partner to ensure that we have adequate financial resources to support the overall mission of the Society. The Finance Departments major areas of responsibility include financial planning (budgets and forecasts), accounting and reporting, payroll, purchasing, accounts payable, accounts receivable, gift processing, tax returns and compliance, risk management, investment oversight and treasury management.

How Youll Contribute

Job Description Summary

Responsibility for overseeing the day-to-day cash management, financing and banking activities of the Treasury function. Responsibilities include managing the Societys short and long- term cash requirements to meet current and upcoming needs considering cash flow projections and available line of credit. Maintain existing bank relationships and services and assist management with future banking needs and assessments. Assist with managing any financing needs of the organization. Prepare monthly reporting and analysis of cash reports and cash flow projections. Identify, recommend and implement Treasury related systems and process improvements. Will serves as primary Treasury subject matter expert including portfolio management operations

Your Impact

Your Impact

Responsibilities Include

Treasury Management Services (40%)

• Bank relationship management – open/close any new banks or add/remove banking services
• Monitor existing and recommend new banking services that NG may benefit from.
• Responsible for disaster recovery/contingency planning to ensure continuity of critical Treasury Operations.
• Manage banking regulatory compliance.
• Manage merchant service relationship, pricing and administration.
• Manage banking relationship and services
• Manage banking portals access.
• Seeks to maximize operating efficiencies and minimize bank fees.
• Manage credit facilities and related covenants
• Establish Line of Credit (LOC) issuance and manage LOC draws.
• Responsible for ensuring FX rates are accurately loaded into ERP system on a monthly basis.
• Manage FBAR filing
• Initiates and/or approves manual wires via banking portal based on internal request.
• Approve Supplier and Expense settlement runs to ensure accounts are properly funded.
• Review all Suppliers with IAT or wire payments selected as a payment option.

Cash Forecast and Cash Management (35%)

• Responsible to provide input and cost-effective recommendations of capital expenditures.
• Work with senior team to design, implement and drive the execution of funding opportunities
• Manage monthly/quarterly covenant reporting needs for any future outstanding long-term debt.
• Ensures adequate liquidity for NGS.
• Responsible for overseeing daily cash function and proper funding of bank accounts.
• Assesses impact of updated projections and recommends/executes short-term borrowing needs.
• Seeks to minimize cost of funding and maximum net return within Board guidelines.
• Advise management on optimal capital structure and related financing options
• Perform in-depth analyses of cash sources and uses and prepare meaningful management reporting
• Coordinate with finance teams on cash projections to anticipate and ensure future cash needs of the organization.
• Coordinate the annual review process with Moodys to ensure debt rating remains consistent to allow optimum financing options.

Investment Oversight and Administration (25%)

• Primary Treasury contact with OCIO, maintaining the relationship and ensuring procedures for oversight are appropriate. This includes managing the endowment portfolio operations, coordinating with the senior accounting manager to ensure proper reporting and documentation for audit purposes.
• Responsible for coordination with external pension plan OCIO, acting as primary Treasury contact between pension investment advisors and Met life. This includes managing the liquidity needs of the pension portfolio and related internal reporting required for management and audit reporting.
• Primary oversight for additional investments such as stock in Lindblad, assisting with plan to liquidate, execute security sales , as well as other ad-hoc investments (SpaceX, CGAs, etc).

What Youll Bring

Education Background

Bachelors degree in Accounting, Finance or Business required. CPA or Masters preferable.

CTP (Certified Treasury Professional) a plus.

Minimum Years and Type of Experience

7+ years of experience in same or related fields, namely commercial banking or corporate treasury management and at least 3+ years of management experience. Prior experience using large ERP systems and Treasury Management tools strongly desired.

Necessary Knowledge and Skills

• In-depth working knowledge of the end to end corporate banking process including banking services, bank account set-up, closure and maintenance, cash transfers and all cash disbursements methods both domestic and international.
• Knowledge and practical understanding of the various types of financing and debt instruments including derivative instruments (e.g. swaps).
• Strong business/finance analytical skills as it relates to the Treasury functions.
• Fundamental understanding of accounting.
• Strong managerial and leadership skills with proven ability to supervise, develop and motivate staff, and effectively manage projects to completion.
• Strong oral and written communication skills, with experience in preparing and executing formal and informal presentations and reports.
• Highly self-directed with demonstrated initiative, and ability to exercise independent and mature judgement and maintain confidentiality.
• Strong interpersonal skills with ability to work well with all levels of staff including senior management as well as and outside financial institutions.
• Ability to prioritize workload, multi-task, manage time efficiently and meet required deadlines.
• Motivated and dependable and ability to work independently and as a member of a team.
• Strong organizational and problem solving skills with ability to identify problems, develop solutions and take action to resolve issues
• Proficiency in Microsoft Office (Excel, Word, PowerPoint), including graphics capabilities
• Experience with Workday ERP a plus.

Supervision

One staff member

W e encourage you to apply even if your experience is not a 100% match with the position. We are looking for someone with relevant skills and experience, not a checklist that exactly matches the job description. We want to help you grow and in return, you help us grow into a stronger, more inclusive organization.