NATURAL GROCERS BY VITAMIN COTTAGE
Employment Classification: Full-time Regular Employee/Exempt
Reports To: Chief Financial Officer
Location: Home Office
The Treasurer is responsible for leadership and direction of all treasury staff and treasury activities at Natural Grocers by Vitamin Cottage (NGVC) including corporate finance strategy, foreign exchange, cash management, risk management and hedging, insurance, leasing and relationships with financial institutions. This position is responsible for establishing and implementing board level policies on borrowing, investments and cash management and ensures adequate liquidity to meet short term operational needs. In addition, this position assures optimal management of working capital structure and identifying and minimizing financial risks. The Treasurer works closely with the legal department and the finance and accounting teams to ensure that all of NGVC's financial goals are met.
Manages compliance with financial agreements and the cash reporting process.
Develops and implements investment strategies to maximize return on investment portfolio within risk parameters. Oversees the purchase and sale of securities of the investment portfolio.
Forecasts cash flow positions, related borrowing needs, and available funds for investment
Ensures that sufficient funds are available to meet ongoing operational, debt support and capital investment requirements.
Maintains all borrowing relationships, acting as principal contact for all commercial bank and leasing companies. Ensures adequate borrowing facilities are in place to meet corporate cash needs. Analyzes alternative borrowing facilities, such as public issuance of debt.
Maintains a system of policies and procedures that impose an adequate level of control over treasury activities
Designs, implements and manages lease reviews, ROI analysis, and financing alternatives for store lease alternatives.
Manages insurance broker relationships; identifies corporate risk and ensure adequate insurance coverage; manages annual insurance renewals; manages broker searches as needed. Assists with insurance audits and claims as needed.
Creates long term financial models to assist with strategic planning.
People Management: Provides the professional leadership necessary to build and maintain a “best practices” finance department. Recruit, retain, mentor and develop employees to reach their potential and meet the needs of the business today and in the future
Prepares/coordinates annual plans, detailed forecasts, and monthly updates of financial performance for CFO and senior management.
Manages the quarterly compliance package process for NGVC's credit facilities for further review and sign off by the CFO.
Coordinates liability and D&O insurance placement and management activities.
Assists with liability insurance claims management and actively engages in policy coverage negotiations and placement.
Evaluates and implements new systems, technologies, products and services to improve company operations.
Although this is a general outline of job responsibilities all employees are expected to be “hands on” and do whatever it takes to get the job done and make the company thrive.
Education and Experience
Bachelor's degree in Business, Accounting, Finance or related field; or related education and experience. MBA strongly preferred.
Minimum of 5 years of experience as a Corporate Treasurer required; additional professional experience in Corporate Banking preferred; Certified Treasury Professional (CTP) strongly preferred.
Minimum 3-5 years of experience in investment banking.
Strong background in investor relations.
Strong leadership abilities including excellent interpersonal and motivational skills.
Relies on extensive experience and judgment to plan and accomplish goals.
Detailed understanding of capital markets, investment strategies and operations.
Detailed understanding of Real Estate financing options, leasing and ROI analysis.
Highly proficient in financial analytical modeling with strong business and financial acumen.
Ability to interface and communicate effectively with various levels of management with a demonstrated ability to influence decision making.
Results oriented with the ability to work efficiently under tight deadlines and through changes.
Strong problem solving abilities.
Exceptional multi-tasking abilities, upbeat demeanor and ability to stay organized in a fast-paced environment.
Self-motivated, organized and deadline oriented; attention to detail and accuracy is a must.