Assistant Director of Treasury

Overview

The organization is seeking an Assistant Director of Treasury to support the Director of Treasury in managing territorial headquarters treasury and cash management functions. This role advises on banking products and services and oversees the organization’s merchant and corporate card programs.

The Assistant Director oversees daily balance reporting, cash forecasting activities, overdraft policy administration, monthly interest calculations, and related treasury reporting. The position also provides oversight of the gifts-in-kind program and supports special projects, analysis, audits, and process improvement initiatives as assigned.

Responsibilities

• Oversee corporate card, purchase card, merchant payment, and gifts-in-kind programs to ensure effective administration, compliance, service excellence, and alignment with organizational policies and objectives.
• Monitor program performance, financial activity, trends, risks, exceptions, and stakeholder issues across treasury operations; implement corrective actions and escalate significant concerns as required.
• Lead cash forecasting processes, including rolling forecasts, variance analysis, and risk assessments, to support accurate liquidity planning and informed financial decision-making.
• Manage banking operations and cash management activities, including system access controls, reconciliations, foreign exchange, interest, and bank fee reviews to maintain strong financial controls and operational integrity.
• Train, coach, and support staff by resolving issues and clarifying processes; serve as a key resource for treasury and payment-related operations.
• Drive continuous improvement by identifying recurring issues, strengthening controls, enhancing reporting, and optimizing treasury, payment, and administrative processes.
• Collaborate with internal stakeholders and service providers to assess business needs, implement payment and banking solutions, resolve operational issues, and support technology changes.
• Support trade finance, commercial borrowing, loan portfolio management, lease-versus-buy evaluations, and investment-related activities to enable effective treasury and financing operations.
• Coordinate audit activities, compliance reviews, investigations, and program monitoring processes to ensure timely resolution of findings and adherence to governance requirements.
• Develop business requirements, analyses, reports, and recommendations; communicate insights and operational impacts to stakeholders and senior leadership to support informed decision-making.

Requirements

• Completion of an undergraduate degree in Commerce, Business Administration, Finance, or a related field; an equivalent combination of education and experience may be considered.
• Minimum five (5) years of progressive experience in a Finance, Treasury, Banking, or related financial management environment.
• Demonstrated experience with banking platforms, cash management, corporate and purchase card programs, merchant services, reconciliations, financial reporting, and analysis.
• Advanced analytical and problem-solving skills, including the ability to interpret complex financial data, identify trends, and provide sound recommendations.
• Advanced proficiency in Microsoft Excel and financial reporting tools, with the ability to develop, analyze, and present information effectively.
• Strong communication and stakeholder management skills, with the ability to build relationships, provide guidance, and deliver a high level of customer service.
• Proven ability to train, coach, and support staff, monitor work quality, and appropriately escalate risks, issues, and exceptions.
• Demonstrated integrity, professionalism, discretion, and attention to detail, with the ability to manage confidential information and competing priorities.

Preferred Qualifications

• Certified Treasury Professional (CTP) designation.

Compensation & Benefits

• Target hiring range: $85,321.60 to $106,641.60
• Maximum: $127,982.40
• Placement within the range will be based on factors including market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.
• Please note: While the full salary range is provided for transparency, offers will typically fall within the lower to mid portion of the range.

Location

Territorial headquarters in Canada and Bermuda territory (position supports territorial treasury and cash management functions).

Accommodation

Reasonable accommodation will be provided upon request.