Sr. Director, Assistant Treasurer

Overview

THE ROLE: The Senior Director, Assistant Treasurer is a key senior finance leadership role with a global scope of responsibilities, leading all aspects of worldwide cash management, an in-house bank, FX risk management, and capital markets. Reporting to the Vice President and Treasurer, the Assistant Treasurer will provide leadership and be responsible for financial (including foreign exchange and interest rate) risk management, capital structure planning and analysis, and capital market initiatives. Leadership and expertise will be applied to ensure the delivery of results and the completion of global cross-functional initiatives and special projects/analysis as the need arises in support of Herbalife’s operating business and distributor-facing initiatives.

HOW YOU WOULD CONTRIBUTE:

1. Directly oversee the global cash management function, leveraging an in-house bank structure to identify and implement outstanding cash optimization strategies. Lead cash flow analysis/projections and related repatriation and funding strategies for global affiliates.
2. Lead FX and interest rate risk mitigation strategy development, analysis, planning, and execution.
3. Manage debt capital markets strategies, communicate with internal and external collaborators, administer payments, and ensure compliance with all debt covenants.
4. Leverage strong leadership and project management skills to complete Treasury and cross-functional/global initiatives and other special projects/analysis. Collaborate with and manage Treasury’s relationships with internal business partners including tax, FP&A, accounting, legal, and international/domestic operating businesses and external financial institutions, including commercial banks.
5. Manage and mentor direct reporting staff and collaborate effectively with staff and leadership across the business to influence outcomes.

WHAT’S SPECIAL ABOUT THE TEAM: Supporting sales and operations in over ninety countries presents evolving challenges for the Corporate Treasury team in managing cash globally and mitigating FX exposures. Additionally, the team is undergoing a structural transformation, utilizing new tools such as Kyriba treasury management system and an in-house bank structure to centralize operations and streamline, automate, and standardize processes. This offers an outstanding opportunity for an experienced Treasury executive to lead new initiatives and make a meaningful organizational impact.

SUPERVISORY RESPONSIBILITIES: Responsible for supervising three managers and their staff in the areas of cash management, an in-house bank, and FX risk management.

Qualifications

Skills and Background Required to Be Successful:

• 12+ years of experience in corporate treasury within multinational public companies, including oversight of global cash management operations.
• Demonstrated progression in scope of responsibilities, leadership capacity, and accountability. Strong change management skills with experience implementing new operational structures and processes.
• Strong analytical skills with proficiency in data-driven approaches to assess opportunities and develop/implement key initiatives.
• Current hands-on or direct responsibility for currency risk management strategy and execution.
• Leadership experience in executing recent capital market initiatives.
• Detailed knowledge of treasury operations, including treasury management systems and in-house bank structures.

Education: MBA degree

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US Benefits Statement: Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and D.C.), including Group Health Programs, Voluntary Benefit Programs, and Paid Time Off. Benefits include Medical, Dental, Vision, HSA, FSA, Life/AD&D, Short- and Long-Term Disability, Employee Assistance Program, 401(k), Wellness Incentive, Employee Stock Purchase Plan, Supplemental Insurance options, Pet Insurance, and various Paid Time Off benefits such as holidays, vacation, sick leave, volunteer leave, maternity/paternity leave, bereavement, personal leave, and voting leave.