Sr. Director, Finance

JOB SUMMARY:

The Senior Director of Finance serves as a critical member of American Textile Companys (ATC) Finance leadership team. This role supports the Vice President FP&A and Treasurer in leading global Treasury functions including banking cash positioning and forecasting capital financing dividend planning and Risk Management/Business Insurance. The Senior Director of Finance partners closely with the Senior Director of FP&A on Treasury-related activities associated with the annual financial budget and periodic financial forecast updates. This position also drives process improvements supports financing and risk management initiatives and develops strong relationships with internal stakeholders and external financial partners.

PRIMARY RESPONSIBILITIES:

Leads day-to-day management of global cash flow Excess Availability and loan/debt balances including partnership with Accounts Receivable and Accounts Payable leadership.

Supports the CFO and VP FP&A and Treasurer in reporting monitoring compliance and negotiations associated with ATCs asset-backed lending (ABL) credit facility bank credit agreements financial covenants and rate structures.

Leads and coordinates annual field examinations inventory appraisals and machinery/equipment appraisals with external partners and internal business teams.

Ensures Treasury operations are supported by appropriate internal controls policies and procedures.

Leads the Companys equipment financing activities across lending participants including partnership with FP&A and Accounting related to capital expenditure planning.

Oversees the Chinese Treasury function including coordination with ATC Shanghai leadership local accounting partners and banking personnel.

Directs administration of the Companys corporate credit card program.

Continuously evaluates Treasury processes and leverages technology to improve automation efficiency and scalability.

Prepares and distributes rolling 13-week collateral outstanding obligations and Excess Availability forecasts for ownership and finance leadership.

Partners with the Sr. Director of FP&A to support Treasury activities associated with the annual financial budget and periodic financial forecasts including borrowing activity equipment financing interest expense collateral values Excess Availability and debt covenant compliance.

Optimizes working capital cash forecasting/reporting and debt compliance processes for internal management and external partners.

Partners with Operations Sales FP&A and Accounting to deliver accurate and timely cash flow and debt compliance projections.

Contributes to the measurement of and adherence to the Companys formal dividend policy and supports optimization of Weighted Average Cost of Capital (WACC).

Maintains rolling 12-month insured asset business interruption and payroll exposure reporting by location and in total supporting insurance and risk management activities.

Leads annual insurance renewals insurance claims management and program audits with brokers carriers attorneys and internal stakeholders.

Reviews and maintains customer and supplier insurance requirements and supports administration of the Companys vehicle leasing program.

Assesses opportunities and costs associated with risk management initiatives and hedging products related to foreign exchange and interest rate exposure.

Supports development and execution of the Companys credit risk management strategy and cost-of-terms processes supporting customer pricing and vendor costing considerations.

Oversees administration and management of ATCs insurance policies and programs including timely issuance and revision of Letters of Credit (LCs).

Develops strong cross-functional relationships to ensure forecasting cash flow management and financing strategies reflect operational business needs and trends.

Represents ATC with external banking financing and insurance partners and supports the development and mentoring of financial professionals across the Finance organization.

ESSENTIAL QUALIFICATIONS:

Bachelors degree in Finance Accounting or related field; advanced degree preferred

Minimum of 10 years of accounting FP&A and/or treasury experience within a manufacturing organization

Strong background in supporting corporate cash management cash flow forecasting working capital management debt management and compliance equipment financing and financial risk management activities

Knowledge of online banking platforms and treasury-related systems including treasury workstation administration

Experience supporting or administering an asset-backed lending (ABL) credit facility preferred

Strong communication and relationship management skills with the ability to collaborate effectively across functions and with external partners

Demonstrated knowledge of financial risk management strategies financing instruments and treasury-related compliance requirements

Proven ability to lead initiatives influence cross-functional teams and improve Treasury operations within a corporate environment

Expertise leveraging technology to improve automation process efficiency and Treasury reporting capabilities

Ability to operate effectively in a fast-paced cross-functional environment while balancing strategic priorities and day-to-day execution

Strong analytical and financial modeling skills with the ability to support forecasting liquidity planning and financial decision-making

PHYSICAL DEMANDS:

Ability to withstand prolonged periods sitting at a desk

Frequent use of upper extremities to perform keyboard functions and work on a computer

Ability to occasionally stand/walk

Required Experience:

Exec