Vice President, Treasury – Confidential Search

Headquartered in Toronto and with operations throughout North America our client is a highly successful financial services company that is well positioned to continue its growth and success.
Led by a highly dynamic, entrepreneurial and proven leadership team our client is publicly traded and has built a values driven organization that has exceeded its performance targets.

Scope of Position

TheVice President, Treasurywill contribute to the profitability of the Company while maintaining and adhering to the operational requirements through the treasury function. Reporting to the Chief Financial Officer, the Treasurer will oversee all treasury activities, including cash management and forecasting, short-term investing, financial risk management and ensuring adequate liquidity for the Company and its operating subsidiaries.

Functional Tasks

• Treasury Oversight– Build a full service treasury function to support the Company’s treasury requirements and continued growth plans. Lead the development, implementation and monitoring of policies, procedures and practices for liquidity and funding management, cash and investment portfolio management, asset-liability management, interest rate management, financial modeling and analysis and capital management for the Company and it’s subsidiaries.
• Cash and Short-Term Investment Management– With a view to capital preservation, manage the cash reserves of the Company and seek to optimize return on invested funds while ensuring the safeguarding of its assets. Ongoing monitoring of counter party risk, analysis of cash forecasts looking at investment horizons, market/economic pattern and trend analysis; maintenance of banking relationships; assessment of banking rules and restrictions;
  
  ensuring compliance with financial risk management policy; etc.
• Managing financial risk– Continually review and assess financial risk exposures and recommend/ develop risk management strategies including the development of financial risk management policies and guidelines; monitoring and reporting of financial risk exposures; managing appropriate risk mitigation including, Forex and hedging programs consistent with approved financial risk management policy; reviewing corporate structure amendments, with the CFO and other senior members of the finance group and propose financial risk management strategies as these relate to treasury.
• Fundraising– Participate in fundraising efforts in capital markets through either bank debt or equity finance, maintaining relationships with lenders and investors, credit analysts and credit rating agencies. This includes arranging, negotiating, renewing and maintaining credit facilities and other key sources of capital to create viable and accessible financing sources.
• Reporting– Preparation of quarterly and annual reporting, including MD&A to the Audit Committee of the Board on Treasury-related activities.
• Manage Treasury Shares– Manages the treasury shares, company equity and stock plans and assures compliance of all regulations in response to changing securities laws. Administers the Company Equity / Stock Plans by maintaining and reconciling controls. Responsible for the issuance of all Company shares and payment of dividends as declared by the Board, all within Toronto Stock Exchange requirements.
• M&A– As required, participates in M&A activities.
• Other– Identify opportunities to improve returns and/or revenues through innovative strategies.

Competency Profile

The following competencies listed below define the role ofVice President, Treasury:

Drive
Adopts an energetic approach. Works towards goals and willingly tackles demanding tasks. Demonstrates capacity for sustained effort and hard work over long periods of time, even in the face of adversity.

Role Expertise
Demonstrates critical technical or professional knowledge/skills related to the role. Has thorough knowledge of relevant products, services and methods. Expands technical knowledge/skills and keeps up-to-date in own area of expertise.

Information Seeking
Consults widely for business or technical advice, probes for facts and obtains information from a wide variety of sources. Differentiates the critical from…