Director of Treasury

Summary

Join Instructure, a company focused on creating intuitive products for learning and personal development, as a detail-oriented Corporate Treasury Manager. You will lead and optimize corporate treasury functions, managing cash flow, debt, hedging, foreign exchange, and intercompany transactions. This role requires collaboration with various teams and involves responsibilities such as cash flow forecasting, debt management, and risk mitigation. The ideal candidate possesses a strong understanding of treasury management principles and proven leadership skills. Instructure offers a competitive salary and benefits package.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field
• Minimum 10 years of experience in treasury management or similar related fields
• Strong understanding of cash management, debt management, and financial instruments, including hedging strategies
• Excellent analytical skills with a keen eye for detail
• Ability to collaborate effectively with cross-functional teams and present complex information clearly
• Proven leadership skills and experience in managing teams
• Strong communication skills, both written and verbal

Responsibilities

• Design and implement the corporate treasury function to enhance financial operations and maximize cash positions
• Review and manage the daily cash position and cash flow forecasting for weekly presentation to senior management
• Manage the 13+ week cash flow forecasting model for both U.S. and international operations, reporting weekly to the Chief Accounting Officer and Chief Financial Officer
• Prepare interest expense forecasts and collaborate with the FP&A and accounting teams to reconcile discrepancies
• Oversee Instructure’s term debt and revolving credit facility, managing drawdowns, repayments, interest expenses, fees, and compliance
• Manage the interest rate hedging instrument, ensuring monthly settlements with banks are monitored
• Monitor and Assess Foreign Currency Transactions for FX exposure risk
• Oversee and settle monthly intercompany transactions and transfer pricing for Global operations
• Manage Domestic and International cash balances to ensure efficient and best use of cash balances across regions
• Conduct analysis of U.S. monthly bank fees to identify potential cost savings
• Review and manage foreign bank accounts reporting and ensure compliance with KYC updates and renewals
• Control the opening and closing of bank accounts to enhance a centralized banking structure
• Collaborate cross functionally to ensure an up to date and accurate forecast and awareness of weekly check runs
• Act as the security administrator for all treasury-related websites

Preferred Qualifications

MBA or relevant certification (CCT, CTP, etc.)

Benefits

• Competitive salary and 401k
• Medical, dental, disability, and life insurance
• HSA program, vision, voluntary life, and AD&D
• Tuition reimbursement
• Paid time off, 11 paid holidays, and flexible work schedules
• LifeStyle Spending Account