Senior Director, Treasury Jobs

Delinea Overview

Delinea is a leading provider of privileged access management (PAM) solutions for the modern, hybrid enterprise. We make privileged access more accessible by eliminating complexity and defining the boundaries of access to reduce risk, ensure compliance, and simplify security. Delinea empowers thousands of customers worldwide, including over half the Fortune 100. Our customers include the world’s largest financial institutions, intelligence agencies, and critical infrastructure companies.

Senior Director, Global Treasury

The Senior Director, Global Treasury will be a key member of the finance leadership team, responsible for leading global Treasury operations and strategy at Delinea. This role will lead 1) short term cash forecasting, 2) global banking operations, 3) risk management, and 4) capital strategy. In addition, the role will lead the completion of Delinea’s global banking consolidation project (expected by Q3 23 of this year).

This role reports to the CFO, and will partner with FP&A, Accounting, Tax and the company’s investors and external financial partners.

Responsibilities:

Global banking consolidation:

• Partner with other stakeholders to ensure timely and actionable communications to vendors and customers.
• Ensure timely and accurate transition of all activity globally.
• Finalize all KYC and operational account set up globally.
• Lead completion of Delinea’s global banking consolidation.
• Mitigate risks associated with the transition and ensure final structure enables a diverse banking platform.

Cash forecasting:

• Direct responsibility for global cash management activities, including managing daily liquidity, cash position reconciliation, bank reporting, bank platform administration. Delinea has a global footprint with multiple bank accounts in several countries.
• Direct responsibility for leading the weekly cash forecast by bank account.
• Develop appropriate reporting and modeling capabilities required to support short-term and long-term liquidity forecasting needs.
• Report to internal and external stakeholders on current cash positions and anticipated changes to short-term cash flows
• Work with all legal entities to develop cash targets and to manage banking partners, liquidity, and cash flow forecasting

Global banking operations:

• Contribute to the development, modification, and execution of company policies that affect immediate operations and may also have a company-wide effect
• Liaise with team leaders as appropriate regarding corporate insurance coverage.
• Drive/support initiatives to optimize banking architecture, bank fee structure and cash management processes. Delinea’s goal is to balance yield and risk management in a manner consistent with our liquidity policy.
• As required, participate in preparation and approval of business cases and projects

Risk management:

• Maintain current and comprehensive knowledge of equity and debt capital markets, treasury strategy and capital management.
• Manage investment profile to align with corporate policy.
• Establish a repeatable mechanism to evaluate and manage banking partner risk.

Capital allocation and strategy:

• Analyze financial exposures and lead hedging programs to mitigate risk from currency and interest rate fluctuations. Evaluate and establish FX hedging program if needed.
• Partner with FP&A to lead debt management responsibilities and monitor covenant compliance, and prepare related calculations and certificates, in accordance with debt agreements.
• Build a solid understanding of Delinea’s equity and debt governance documentation (e.g., investor formation agreements, partnership agreements, credit agreements).
• Act as liaison to support key relationships, including with banks and financial institutions, and senior management

Skills And Requirements

• Ability to operate as an individual contributor as well as a strategic leader and advisor. Willingness to roll up your sleeves and build models/analysis while also developing summary presentation materials for executive leadership.
• 12-15 years’ experience in Global Treasury Operations and Financial Management with a track record of continued professional development and adoption of increased responsibilities
• Proven ability to operate and thrive in a fast-paced environment
• Exceptional financial competence, strong business acumen, critical thinking proficiency, and experience in financial modeling
• Comfortable in leading discussions with debt investors.
• Experience in developing and executing efficient liquidity and hedging programs globally.
• Strong leadership skills, with the ability to influence and motivate process partners to produce quality results in an efficient manner and simultaneously manage improvement initiatives
• Understanding of Generally Accepted Accounting Principles (GAAP) and the ability to apply GAAP to new and existing transactions
• Experience interfacing extensively with the Tax and Accounting functions

Additional Preferred Qualifications:

• CTP and/or CFA certification preferred.
• Experience in the Technology industry a plus
• Bachelor’s degree in Finance/Accounting, and either MBA in Finance/Accounting and/or CPA
• Experience working for Private Equity-backed companies with growth oriented focus.

Why work at Delinea?

We’re passionate problem-solvers doing our part to make the world a safer place.

We invest in people who are smart, self-motivated, and collaborative.

What we offer in return is meaningful work, a culture of innovation and great career progression!

We take care of our employees. We offer competitive salaries and excellent benefits, including a full suite of medical, dental, and vision insurance, as well as 401(k), ROTH, comprehensive life insurance, short-term and long-term disability insurance, an employee assistance program, generous discretionary time off (DTO), and 10 or more paid holidays.

Delinea is an Equal Opportunity and Affirmative Action employer and prohibits discrimination and harassment of any type with regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Upon conditional offer of employment, candidates are required to complete comprehensive 7-year criminal background check, verification of education, and verification of employment, per employment policy. In addition, all publicly posted social media sites may be reviewed.