Interim Senior Director - Treasury

Washington, DC
Jul 05, 2018
Jul 16, 2018
Executive, Director
Full Time
Establishment and Installation of Treasury Function Lead the creation and systemization of a centralized treasury function, setting objectives for the department in line with TNS values and vision Responsibility for continuous process improvements and efficiencies within the treasury function, including leading finance team projects and activities Lead the creation and development of global treasury reporting metrics, dashboards and processes which flow from field offices to headquarters Document processes and identify process improvements to streamline workflow Cash Management Manage TechnoServe's liquidity to ensure that there is adequate cash resources to support operations and capital expenditure requirements. Report on monthly organizational cash forecast, noting variances where appropriate Manage processing wire transfers to and from field offices, other external payments, internal transfers. Advise operations teams on managing program-related cash inflows and outflows. Advise TechnoServe's executive management team on the cash implications of annual and long-term planning. Develop, enhance and maintain global cash management strategies, policies and procedures. Support the CFO with new capital expenditure funding decisions. Global Banking Relationship Maintain and manage TechnoServe's bank account portfolio. Ensure appropriate approvals gained before making changes. Review and maintain domestic and international banking relationships. Rationalize bank account structure and improve operating efficiency and control Improve the current processes, procedures, policies, controls and audits. Collaborate and influence other functions inside and outside the company -accounting, tax, legal, FP&A and banking partners. Reporting Create and maintain cash flow forecast models (including the interest income model) to ensure that funds are available when needed within the various subsidiaries within the new treasury management system. Review & analyze data for presentation to the board. Managing Foreign Currency Fluctuation Ris Prepare monthly report to CFO on foreign currency exposure. Review foreign currency management policies and ensure processes are in place to support compliance with policy. Ensure foreign currency fluctuation risk is minimized. Other Provide input into the development of treasury management KPIs and appropriate methods to monitor and evaluate performance against those KPIs. Develop, review and maintain a system of policies and procedures that impose an adequate level of control over treasury activities. Monitor tax and agency funding payments. Annual budgeting of finance costs and monitoring actuals against budget.  The successful candidate will have a bachelor's degree, with a minimum of ten years' experience, or master's degree with a minimum of seven years' experience including treasury experience and accounting technical knowledge. Candidate should have demonstrated experience establishing treasury systems and functions, high level of knowledge with financial software, and motivation towards continual process improvement. Advanced Excel (including pivot tables) and PowerPoint skills; Experience with Serenic Navigator, Microsoft Dynamics or equivalent financial software required Public Accountant or Treasury Professional Certification is required. Ability to learn quickly and work in a fast-paced environment Experience establishing, adhering to and rolling out treasury systems Knowledge of Fund Accounting, GAAP, GASB and FASB standards, financial reporting requirements for non-profit organizations, internal control standards and procedures. Prior general ledger experience required in a non-profit organization with at least $50M in assets with major and direct responsibilities for the maintenance of the general ledger, generation of GAAP based financial statements, financial statement audits. Demonstrated ability to collaborate and develop relationships internally and externally at all levels to manage multi-functional and multi-national teams, define process improvements and coordinate implementation. Fluent English required Critical thinker who can identify process improvement opportunities