Exec. Director, Global Treasurer

COMPANY:

At BioCryst, we share a deep commitment to improving the lives of people living with complement-mediated and other rare diseases. For over three decades we’ve been guided by our passion for not settling for “ordinary” in our quest to develop novel medicines. We leverage our expertise in structure-guided drug design to develop first-in-class or best-in-class oral small-molecule and protein therapeutics, led by the efforts of our team of expert scientists in our Discovery Center of Excellence in Birmingham, Alabama. Our global headquarters is in Durham, North Carolina, our European headquarters is in Dublin, Ireland and our employees span the globe across sites in multiple countries. We are proud of our culture of engagement and accountability that rewards people for innovative thinking and achievement of key objectives. For more information, please visit our website at www.biocryst.com or follow us on LinkedIn and Instagram.

 

JOB SUMMARY:

The Exec. Director, Global Treasurer is responsible for leading the global treasury function including global cash and debt management, collections, and risk management. Reporting directly to the VP, Global Controller, the Treasurer will work with leadership across the organization by providing insight and guidance with the latest banking services and products to improve operational effectiveness. This position is expected to develop accurate and timely information so that thoughtful and timely decisions can be made to improve the company's working capital metrics, drive improvement in free cash flow and control costs each year. This position is responsible for ongoing development of cash management processes and systems and ensuring efficient consolidation of cash, payment of obligations, cash forecasting, investment management and foreign exchange best practices. This position drives continuous improvement in all areas of responsibility. #LI-Remote

 

 

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Own designing short-term and long-term strategies to achieve continuous improvement and efficiencies in treasury and banking related activities, including cash management and FX needs
• Oversee all global treasury and cash related functions
• Recruit, hire, onboard and lead 1 direct report. Continue to assess Treasury staffing needs as company scales.
• Direct cash management operations to include daily cash consolidation, Treasury related disbursements and funding of various obligations
• Analyze, understand and be accountable for treasury practices and cash balances and be able to explain changes and variances to leadership; analyze financial data, summarize findings, and make recommendations to drive growth in free cash flow and profitability
• Review and drive improvements in cash management processes, ensuring financial obligations can be met in accordance with Company policies and procedures
• Develop a system of controls and signals for early detection of various exposures and risks; develops and continuously revises workflows to ensure current and future business needs are met with no loss of assets
• Evaluate new banking products and services; ensure accurate maintenance of banking and treasury systems including cost, utilization and administration while considering entry into new markets across the globe
• Assist in the development of financial policies and capital structures to include liquidity analysis, debt leverage, and share repurchase analysis and strategy
• Produces high quality dashboards in a clear format that highlights actionable data points
• Build and maintain relationships with commercial bankers to meet evolving needs across the business and assist with managing relationships with credit rating agencies
• Preparation of long-term and short-term cash flow, balance sheet forecasts and analysis
• Lead documentation, monitoring and testing of internal controls for Treasury systems in accordance with Sarbanes-Oxley 404 requirements and Internal Audit controls
• Supervisory responsibilities including recruiting, developing and retaining key talent; assigning and directing work, and appraising performance throughout the year
• Review Cash and investment account reconciliations
• Provide input and support for transfer pricing system
• Develop FX strategies to minimize FX transaction fees
• Support external auditor activities as required
• Other duties as assig