Director

Summary

Join Boomi as the Head of Treasury and take a hands-on approach to managing daily treasury operations and enhancing Boomi’s Treasury function. You will work cross-functionally to direct and review risk analysis of new and existing business models, and partner with finance teams to maximize cash flow and rationalize the capital structure. Lead the Treasury function, ensuring excellence in cash flow forecasting, global liquidity management, banking operations, debt management, FX risk management, and efficient payment execution. Oversee and improve the company’s cash flow forecast, build reporting processes, and monitor forecast variances. Manage daily banking activities, including payments, funding needs, and bank account administration. Ensure FX transactional risks are identified, managed, and hedged. Manage debt covenant compliance and optimize processes to improve controls and governance. Provide strategic guidance to the executive team for budgeting, planning, and acquisitions. The role requires a Bachelor’s degree in finance, 10+ years of corporate treasury experience, and 8+ years of leadership experience.

Requirements

• Bachelor’s degree in finance or related field
• 10+ years of experience in corporate treasury role
• 8+ years of leadership experience
• Experience working within a private entity and/or private equity
• Ability and desire to optimize financial and operational processes in a rapid growth environment
• Excellent financial modeling and presentation skills

Responsibilities

• Lead Treasury function and establish command of and ensure excellence in execution of: Cash flow forecasting and global liquidity management Banking, daily cash management, cash investing Debt management, including covenant compliance Policies, controls, and governance Treasury processes FX risk management, including hedging of material transactional FX risks Efficient payment execution, including appropriate management of fraud risk
• Oversee, manage, and continuously improve the company’s weekly, quarterly and annual cash flow forecast
• Build processes to report on and efficiently monitor weekly forecast variances
• Establish strong partnerships with FP&A, Accounting, Tax and Operations teams to optimize 13-week and 12 month rolling cash flow forecast and lead efforts to improve accuracy
• Monitor changes in cash and working capital and lead efforts to mitigate liquidity impacts to the company
• In coordination with Tax, establish and maintain pooling, repatriation and other appropriate structures to maximize centralized concentration and visibility of cash across global jurisdictions
• Balance cost of repatriating cash with value of released cash to group
• Manage daily banking activities including approving payments, determining subsidiary funding needs, opening / closing bank accounts, and administering online banking platforms
• Ensure banking operations are effectively automated in conjunction with the company’s ERP
• Ensure all FX transactional risks are identified, understood, and estimated
• Propose and lead execution of risk management programs, including hedging
• Monitor risk exposures and hedges and ensure appropriate oversight, reporting and accounting
• In coordination with AP and AR, ensure payments are directed to optimal channels and payment types, taking into consideration business needs around speed, data and customer and vendor capabilities
• Ensure customers and vendors are actively onboarded to optimal channels and payment types
• Manage debt covenant compliance reporting to third parties
• Identify and implement opportunities to optimize processes, improve controls, and ensure appropriate governance
• Provide strategic guidance and prepare analyses for the executive team for budgeting, planning, acquisitions, and other relevant needs

Preferred Qualifications

• MBA, CTP, and/or Accounting certification
• Multilingual and global company experience
• Investment experience in money markets and/or equity

Benefits

• Remote-friendly
• Base compensation for this position in the US ranges between $163,000 - $196,000 annually + applicable bonus