Director, Treasury

Ocean Spray Cranberries, Inc.
vision insurance, flexible benefit account, parental leave, 401(k)
United States, Massachusetts, Lakeville
1 Ocean Spray Drive (Show on map)
Feb 04, 2025
Ocean Spray is hiring for a(n) Director, Treasury! We're a team of farmers, thinkers, creators, and doers. Whatever your title, whatever your role - it always comes back to this: we're a farmer-owned co-op where everyone rolls up their sleeves to get the job done. Three maverick farmers started it all - and we've been making our own way ever since. Position Location: We're all about flexibility! This will be a *hybrid role* based out of our corporate headquarters in Lakeville, MA or our Seaport Boston, MA location with Mondays & Fridays remote. The Director, Treasury is responsible for the oversight and control of the Treasury function. This position will manage efficient cash utilization that supports and aligns with the Cooperative's long-term strategy. In addition to the typical responsibilities associated with managing the company's global treasury operations, the Treasurer will also have leadership responsibility for the Cooperative's grower finance team. Strong leadership and team development skills are a must. A Day in the Life... Optimize capital structure, balancing cost and risk, while ensuring sufficient flexibility is available for long-term strategic activities. Initiate and oversee the execution of all debt and equity transactions and serve as the key contact point for investors/lenders and credit rating agencies. Manage all aspects of the company's cash flow, including the oversight of daily operations, maintaining banking relationships, developing cash flow forecasts, and ensuring availability of funds to meet ongoing operational and capital investment requirements. Expected emphasis to be given to continuous improvement (key routines, processes, reporting, policies, etc.), increasing levels of automation, and improving internal controls. Partner with broader finance team and company leadership to develop a financial vision and strategy that supports Ocean Spray's long-range plans. Develop annual operating plans, evaluating capital expenditures and all financing activities, ensuring adequate funding for key growth initiatives. Strategic thought leadership is expected. Ensure compliance with corporate hedging programs (e.g. FX, interest rates, commodities) Partner with legal team and Enterprise Risk Manager to drive the strategic risk management agenda for the Cooperative including the analysis, placement, and optimization of insurance coverage, along with the insurance broker relationship. Attract, and retain talent, with a focus towards developing treasury team's capabilities. Maintain a system of policies and procedures that impose an adequate level of control over Treasury activities and ensure compliance with relevant regulations. What We Are Looking For: 10+ years of related experience with a bachelor's degree in finance, Accounting or Economics MBA, CTP, or CPA certified (preferred) Proven success in prior roles ideally in a senior treasury position within a global organization Demonstrated experience managing capital structure and in-depth knowledge of financial markets and instruments Strong leadership and communication skills, with the ability to influence and collaborate cross-functionally and across all levels of the organization Independent thought-leader; self-motivated and self-directed work style Understanding of derivatives, hedging, investments, bank account management and international fund flows Analytical skills (including modelling), and attention to details Understanding of strategic risk management including insurance programs Experience with treasury management systems; Treasury Workstation knowledge a plus Education: Bachelor's or University Degree (Required) Master's Degree (Preferred) Work Experience: At least 10 Years of Experience Benefits: Complete insurance package on Day-1 that includes a plethora of health and wellness programs Health, Dental and Vision insurance Health savings account Flexible spending account Life and accident insurance Employee assistance program Telehealth services Fertility benefits Transgender benefits 1:1 health coaching and more 401(k) with up to 6% Company matching; additional potential discretionary match at year-end Short-Term Incentive/Performance bonuses Flexible scheduling options Vacation pay, up to three weeks of time (pro-rated for your first year of employment) Holiday pay for 12 holidays Career development and growth opportunities Tuition/Education assistance programs Access to LinkedIn Learning Scholarship programs for children of employees Parental leave Bright Horizons Family Solutions - Back-up care, tutoring, etc. Adoption assistance Bereavement leave Up to $300 fitness reimbursement Up to $300 massage reimbursement Employee appreciation events Employee discounts Charitable giving Who We Are: You might have our iconic cranberry juice in your fridge or have gotten into heated holiday debate about what's better - canned or fresh cranberry sauce. But did you know that the hardworking people growing the superfruit in our products are 700 family farmers that own our cooperative? They entrust us with what is most precious to them to create new and innovative products that will delight consumers and grow this beloved brand today and into the future. Team members, farmers, consumers and communities alike--we value what makes us unique and strive to connect our farms to families for a better life by living our values: Grower Mindset - We embrace our grower-owners innovative spirit and heritage through confidence, learning and focus on the future. Sustainable Results - Guided by purpose, we are focused on delivering results for our grower-owners. Integrity Above All - We are ethical, doing the right thing for our grower-owners, customers, consumers and each other Inclusive Teamwork - We build diverse and inclusive teams that strengthen our cooperative. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.