Director of Treasury

About the role

The will own the end-to-end global treasury strategy and execution for the company. You will be responsible for ensuring the company maintains a strong, predictable cash and liquidity position at all times. This role involves serving as a key finance leader to the CFO, owning long-term cash management strategy and managing key relationships with financial institutions. You will drive accurate and timely reporting on liquidity and cash flow forecasts for both internal and external audiences. Additionally, you will develop a strong customer credit function in support of business goals. The position requires deep experience with private equity-backed companies with complex capital structures. You will manage relationships with banks, lenders, and financial institutions supporting the Company's cash management operations.

Key facts

What you'll do

• Lead the preparation of the Company's 13-week and annual cash flow forecast with detailed analysis for weekly variances, by country and business channel.
• Develop and mentor a seasoned team of treasury professionals, establishing objectives and development plans aligned with global company strategy.
• Support day-to-day treasury operations and ensure consistent liquidity position across all business units.
• Assist with weekly/monthly borrowing base construction and supporting files for financial institutions.
• Develop comprehensive dashboards for reporting treasury-led functions and key performance indicators.
• Manage all relationships with banks, lenders, and financial institutions supporting the Company's cash management operations.
• Manage credit card processor relationships and ensure strict PCI compliance across all payment platforms.
• Create reports for the executive team and Board of Directors on the Company's liquidity and key cash management operating metrics.
• Lead and enhance internal processes to drive operational efficiency and ensure compliance with internal policies, controls, and procedures.
• Oversee risk management, foreign currency exposure, interest rate exposures, and intercompany loans with international affiliates.
• Develop and maintain customer credit policy, analysis, and decisions to support revenue growth and risk mitigation.
• Provide leadership and training to further develop managers and analysts within the treasury department.
• Coordinate cross-functional initiatives to align treasury activities with sales, operations, and strategic planning.
• Implement best practices in cash management and financial controls to optimize working capital and financial flexibility.

Requirements

• Bachelor's degree in Accounting, Finance, or Economics required; MBA or advanced degree in a related field preferred.
• Minimum 7-10 years of experience in corporate treasury, cash flow forecasting, leveraged Finance management, accounting, or finance - with at least 5 years in a corporate treasury leadership role.
• CTP, CPA, or CFA designation preferred.
• Experience with financial management systems, including Hyperion, GTreasury, and SAP.
• Demonstrated experience with complex credit agreements, debt structures and compliance, cash flow forecasting, insurance, and corporate insurance programs.
• Advanced knowledge of US GAAP and financial reporting requirements.
• Proficiency in MS Excel, Access, and Power BI; exceptional analytical and problem-solving skills with advanced financial modeling capabilities.
• Excellent written and verbal communication skills and relationship management skills; able to communicate effectively cross-functionally at all levels of management, with lenders, external partners, and investors.
• Ability to manage multiple priorities while balancing urgent requests against shifting timelines and deliverables.
• Strong time management and organizational abilities.
• Proven track record of operating with integrity and discretion in a high-growth, private equity-backed environment.
• Experience navigating complex capital structures and covenant compliance is essential.
• Strong judgment and decision-making skills with the ability to analyze large data sets and translate them into actionable insights.
• Demonstrated ability to lead and influence stakeholders at all levels of the organization.
• Commitment to maintaining the highest standards of accuracy, timeliness, and compliance in all treasury operations.
• Willingness to adapt to evolving business needs and support the company's aggressive growth objectives.
• Experience in a global environment with multi-currency operations is highly valued.
• Familiarity with board-level reporting and investor relations responsibilities is a distinct advantage.
• Understanding of risk management frameworks and internal control environments is strongly preferred.
• Exposure to SaaS or subscription-based business models is beneficial given the Company's focus on recurring revenue.
• Demonstrated success in building high-performing teams and fostering a culture of collaboration and continuous improvement.
• Ability to thrive in a fast-paced, dynamic environment with frequent pivots and evolving priorities.
• Strong ownership mentality and accountability for delivering results against key performance indicators.
• Willingness to collaborate closely with legal, tax, and operations teams to ensure alignment on treasury initiatives.
• Commitment to leveraging technology and data to drive treasury efficiency and decision-making.
• Demonstrated ability to manage tight deadlines and deliver high-quality work under pressure.
• Willingness to participate in on-call responsibilities as required for critical treasury functions.
• Alignment with iFIT's mission to create a holistic health and fitness platform through innovative technology and immersive content.

Nice to have

• Experience in a remote-first or hybrid technology environment.
• Background in health, fitness, or wellness industry treasury functions.
• Familiarity with subscription billing and recurring revenue recognition models.
• Experience with treasury automation tools and robotic process automation (RPA).
• Knowledge of international tax implications related to intercompany transactions.
• Experience with ERP implementation or upgrades in a SaaS environment.
• Background in developing treasury policies and procedures for audit readiness.
• Familiarity with scenario modeling and stress testing for liquidity planning.
• Experience mentoring junior treasury staff and conducting performance reviews.
• Demonstrated success in optimizing cash conversion cycles and Days Sales Outstanding (DSO).
• Experience with third-party risk management and vendor due diligence.
• Knowledge of sustainability-related financial reporting and treasury impacts.
• Familiarity with treasury management systems (TMS) integrations and API usage.
• Experience presenting to boards, investors, or large stakeholder groups.
• Demonstrated ability to manage treasury operations across multiple legal entities.
• Background in insurance program management and carrier negotiations.
• Experience with lease accounting and finance lease administration.
• Familiarity with electronic payment platforms and fraud prevention strategies.
• Knowledge of data visualization best practices and executive-level reporting.
• Experience supporting M&A due diligence and integration of treasury functions.
• Demonstrated ability to manage treasury functions during periods of rapid growth or restructuring.
• Background in credit insurance and surety bond management.
• Experience with foreign exchange hedging strategies and derivative instruments.
• Familiarity with regulatory requirements impacting corporate treasury functions.
• Demonstrated success in leading process improvements and internal controls documentation.
• Experience with budgeting and forecasting cycles in a SaaS environment.
• Knowledge of corporate banking relationships and cash concentration strategies.
• Familiarity with anti-money laundering (AML) compliance and treasury policies.
• Experience supporting cross-border payments and international settlement processes.
• Demonstrated ability to manage treasury functions during periods of economic uncertainty or market volatility.
• Background in financial systems integration and data governance.
• Experience with board-level dashboards and key financial metrics reporting.
• Familiarity with private equity reporting requirements and LP communications.
• Demonstrated success in aligning treasury strategy with corporate financial objectives.
• Experience leading digital transformation initiatives within the treasury function.
• Knowledge of supply chain finance programs and reverse factoring arrangements.
• Familiarity with environmental, social, and governance (ESG) reporting related to treasury activities.
• Experience with monthly close coordination and intercompany reconciliation processes.
• Demonstrated ability to manage working capital optimization initiatives.
• Background in financial risk management, including interest rate and currency risk.
• Experience with treasury forecasting tools and variance analysis processes.
• Familiarity with corporate action processing and shareholder management.
• Demonstrated success in improving treasury operations efficiency through technology and automation.
• Experience with cash flow analytics and scenario-based forecasting.
• Knowledge of banking product structures and cash management services.
• Familiarity with regulatory reporting requirements for treasury functions.
• Demonstrated ability to manage treasury functions in a multi-currency environment.
• Experience with trade finance instruments and letter of credit management.
• Familiarity with corporate card programs and payment processing optimization.
• Demonstrated success in developing treasury policies that support business growth.
• Experience with treasury function RFP processes and vendor selection.
• Knowledge of treasury metrics and key performance indicators (KPIs).
• Familiarity with treasury department organizational design and staffing strategies.
• Demonstrated ability to manage treasury operations across different time zones.
• Experience with cash pooling and netting techniques.
• Knowledge of tax equalization and reimbursement processes for international assignees.
• Familiarity with intercompany service agreements and pricing policies.
• Demonstrated success in treasury transformation projects and process re-engineering.
• Experience with financial planning and analysis (FP&A) integration with treasury.
• Knowledge of treasury technology stack evaluation and selection criteria.
• Familiarity with treasury risk limits and approval workflows.
• Demonstrated ability to manage treasury functions during periods of change or transition.
• Experience with audit support and providing documentation for external auditors.
• Knowledge of treasury policies and procedures for publicly traded companies.
• Familiarity with treasury function key performance indicators (KPIs) and benchmarking.
• Demonstrated success in optimizing cash positions and reducing borrowings.
• Experience with treasury cash forecasting accuracy improvement initiatives.
• Knowledge of treasury policies and procedures for global operations.
• Familiarity with treasury function service level agreements (SLAs).
• Demonstrated ability to manage treasury operations in a matrixed organization.
• Experience with treasury function continuous improvement programs.
• Knowledge of treasury function process mapping and documentation standards.
• Familiarity with treasury function audit readiness and compliance testing.
• Demonstrated success in treasury function automation and efficiency gains.
• Experience with treasury function metrics reporting and performance management.
• Knowledge of treasury function best practices and industry standards.
• Familiarity with trea