Director Of Treasury

Details of the offer

Join the Ritz-Carlton Yacht Collection: Where Every Voyage is a Symphony of Luxury
Embark on an extraordinary journey with the Ritz-Carlton Yacht Collection, an exquisite extension of the renowned Ritz-Carlton brand, dedicated to redefining ultra-luxury hospitality at sea. As a "Lady or Gentleman" of our esteemed team, you'll be entrusted with the art of delivering the impeccable "Gold Standards" that have made the Ritz-Carlton an epitome of excellence across the globe.
The Essence of Excellence: The Gold Standards
The Gold Standards are the bedrock of the Ritz-Carlton experience, setting us apart in the industry and establishing a legacy of unparalleled service. These standards embody the values and culture that define our brand, and serve as the compass guiding our every endeavor.
The Employee Promise
At The Ritz-Carlton, our Ladies and Gentlemen are the most important resource in our service commitment to our guests. By applying the principles of trust, honesty, respect, integrity and commitment, we nurture and maximize talent to the benefit of each individual and the company. The Ritz-Carlton fosters a work environment where diversity is valued, quality of life is enhanced, individual aspirations are fulfilled, and the Ritz-Carlton Mystique is strengthened.
Join us on a journey where every day is a testament to the highest standard of luxury and service. Apply now and be part of an unparalleled legacy in hospitality. Job SummaryThe Director of Treasury is a key leadership role responsible for managing the organization's treasury operations and strategic initiatives. This individual will oversee all banking relationships, credit card processors, and credit facilities. They will ensure the company maintains optimal cash flow and liquidity while also securing and managing operational credit facilities, letters of credit, and surety bonds. The role will also encompass corporate finance functions, including financial covenant monitoring and ensuring compliance with all financial obligations.
The ideal candidate will have a strong foundation in financial modeling, with the ability to present financial projections, trends, and actual performance to secure credit approvals from external stakeholders. Additionally, this position will oversee the company's insurance management, ensuring adequate coverage and risk management practices.
Key ResponsibilitiesTreasury Operations:Lead and manage the treasury team, ensuring efficient day-to-day operations.Maintain and enhance relationships with banks, credit card processors, and other financial institutions.Oversee cash flow management, forecasting, and liquidity strategies to support business operations.Administer banking platforms, monitor transaction activity, and ensure cost-efficient services.Credit Facilities & Corporate Finance:Secure, manage, and renew operational credit facilities, letters of credit, and surety bonds.Monitor and report on the company's financial covenants and ensure compliance with the terms of credit agreements.Collaborate with internal teams to develop financial models and analyses to support credit approvals, and communicate financial performance to external financial institutions.Provide strategic recommendations to senior management on liquidity, capital structure, and funding strategies.Insurance Management:Oversee the management and renewal of corporate insurance policies, ensuring comprehensive risk coverage.Evaluate and recommend strategies to manage risk exposure through appropriate insurance programs.Competency:EducationBachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CFA preferred.Skills & ExperienceMinimum 7 years of experience in treasury, corporate finance, or related functions, with leadership experienceStrong understanding of corporate treasury management, including cash management, credit facilities, and insurance operationsDemonstrated experience in financial modeling, including forecasting, trend analysis, and presenting financial data to senior management and external stakeholdersExcellent communication and negotiation skills, with the ability to build and maintain relationships with banks, credit institutions, and other financial partnersStrong leadership and team management skills, with experience overseeing treasury or finance teamsProficiency in treasury management systems and financial softwareAbility to analyze complex financial data, develop insights, and recommend actionable strategies.Proven leadership skills with the ability to manage and motivate a high-performing treasury team.High accuracy and attention to detail in managing cash flows and financial projections.Strong verbal and written communication skills, with the ability to present financial information to non-financial stakeholders clearly and persuasively.Hybrid, working in a typical office environment.Approximately 10% of travel, including working at shipyards, and working aboard our cruise ships The Ritz-Carlton Yacht Collection is an Equal opportunity, inclusive employer and will consider all applicants for employment with the Company on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

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