Director of Treasury
SharkNinja is a rapidly growing, relentless innovator in the housewares industry with more than $2.7 billion of global revenues in 2020. We obsess about consumer satisfaction and build up our company by building up our people. We seize opportunities—individually and collectively—to be competitive with our products and attract the most talented people in the world.
Through an unrelenting focus on solving for consumer’s pain points, SharkNinja has built a loyal and passionate following that continues to garner 5-star ratings on their products.
It’s that unwavering consumer focus that has enabled Shark to become one of the top brands in vacuum cleaners, and for Ninja to become one of the market leaders in the kitchen category.
We are committed to engaging every associate with growth opportunities that will empower them to accelerate their careers. We offer a challenging, fast‑paced environment where associates of all levels get high‑impact assignments, regular exposure to senior leadership, and transformative opportunities to achieve great results. Associates also have access to a diverse range of educational opportunities.
The Director of Treasury will be responsible for global cash management, cash forecasting, relationships with banks and creditors. In addition, the Director of Treasury will be responsible for evaluating and managing interest rate and foreign currency hedging programs.
SharkNinja is part of JS Global Lifestyle Company, which is traded on the Hong Kong stock exchange (ticker 1691).
Responsibilities
- Reporting to the CFO, lead treasury and cash management operations and helps develop strategies to maximize efficiencies, safeguard assets and minimize costs.
- Works directly with banks to conduct borrowing and investing activities.
- Ensures compliance with internal controls, policies and procedures in day-to-day conduct and supervision of cash management activities.
- Manages and ensures compliance with existing and future credit facility covenants
- Recommends and implements improvements to current cash management processes.
- Identifies cost-saving and profit maximizing opportunities related to Treasury.
- Oversees cash functions, including cash positioning, cash reporting and forecasting, intercompany settlements, interest income and expense forecasting, short-term investing and borrowing, wire payments, fraud prevention, FX management and hedging, bank account setup and maintenance, and bank relationship management.
- Understands and manages appropriate procedures and processes around month-end and quarter-close activity.
- Ensures adherence to PN21, SOX controls, FBAR, FATCA, DODD Frank, including record keeping and data testing as requested.
- Provides financial analysis to executive management.
- Conducts research into variances and determines explanations.
- Assists with M&A and integration activities for Treasury.
- Assists with accounting, FPA and business questions.
- Manage and trains Treasury staff personnel on operational activities and developmental goals.
- Manages insurance renewal process including application/supplemental forms, understands and minimize insurance exposure and requests certificate of insurance
- Overseas Company's Corporate Credit Program
- Maintains relationships with payment processors and related systems
Qualifications and Experience Required
- Bachelor's degree in finance or accounting required
- 5-8 years of relevant treasury or corporate finance experience with emphasis in cash management, forecasting, and analysis
- 3-5 years of supervisory experience
- MBA preferred
- CTP preferred
- Knowledge of MS Office including Excel, Word and PowerPoint
At SharkNinja, our purpose is to positively impact people’s lives every day in every home around the world. We work very hard to provide our consumers with high quality, exciting 5-star products that make life easier. We thrive on passion and innovation, and are looking for great people, with great ideas, who want to create the next big thing. We take a team approach to our projects, where everyone has a voice. We want individuals to push limits, look outside the box and think the unthinkable. With the explosive growth we have been experiencing, we’re looking for motivated individuals to join us on our exciting journey. People need to think big, move fast and want to make a significant impact. Are you ready?