VP, Working Capital & Treasury

StandardAero
Scottsdale, AZ Full Time
POSTED ON 5/24/2024 CLOSED ON 6/21/2024

Job Posting for VP, Working Capital & Treasury at StandardAero

Build an Aviation Career You're Proud Of

At StandardAero, we use our ingenuity and know-how to find solutions for the simple to the most complex challenges in aviation. Together, we get the job done and done well. Our stability, resources, and respectful culture supports you in building a solid career with a great team you can count on day in and day out for the long term.

As a VP, Working Capital and Treasury, you will serve as a key member of the corporate financial leadership team. This position reports directly to the CFO to ensure alignment of corporate goals and financial plan. The Vice President, Working Capital and Treasury will lead the company's global working capital including active management of the cash conversion cycle through direct management of customer receivables and vendor payables, and indirect management of inventory and work-in-process balances to reach optimal financial performance to meet financial and operating objectives.

What You'll Do

  • Based on comprehensive working capital analysis, collaborate with business segment leadership to improve efficiency of working capital utilization for all business partner programs and relationships
  • Through active engagement with business segment leaders, positively influence contracting and other program arrangements with key business partners as an advocate for working capital optimization while supporting collaborative business partner relationships
  • Maintain successful relationships with large customers/vendors, specifically Original Equipment Manufacturers (OEMs) to ensure assessment of counter-party exposures and compliance with financial obligations
  • Oversee global Treasury operations including monitoring and compliance of debt agreements, banking partner relationships, cash & liquidity management, accounts payable, credit and collections, risk management bank and investor relations & corporate credit card program
  • Manage global cash forecasts useful for short-term liquidity and working capital management considering current business trends and requirements to ensure adequate multi-currency liquidity is maintained
  • Manage credit activities across the enterprise in collaboration with business segment leaders. Ensure informed credit analysis is performed for all customer relationships and all business segments to establish appropriate customer credit limits
  • Oversee process for credit limit exception management in collaboration with business segment leaders
  • Support creation of management dashboards, for cash, liquidity, and risk management, and working capital utilization incorporated into monthly financial reporting & quarterly financial package for CFO/CEO, board of directors & Private Equity owners
  • Administer, or delegate specific administration for all global bank accounts to maintain adequate control of all banking applications and accounts
  • Manage all global banking relationships to ensure an efficient and effective bank structure is maintained to ensure safeguarding of company cash holdings.
  • Collaborate on development of ratings agency presentations where appropriate
  • Monitor foreign exchange exposure of the Company, initiating FX trades, contracts, and hedging programs to mitigate these financial exposures
  • and Provide leadership and mentoring to all Treasury and other company associates to promote continuing professional development
  • Oversee integration activities related to acquisitions for Treasury and processes impacting working capital. Address appropriate migration efforts to apply working capital, banking, and treasury management requirements for the acquired entity
  • Support ongoing cash, liquidity, and debt analytics for use by Executive leaders
  • Champion continuous improvement & efficiencies in Operations, Finance and Treasury processes and capabilities assume annual planning, Oracle reporting and financial forecasting process is owned by FP&A

What Skills You Will Use

  • Bachelor's Degree in Business, Accounting, or Finance with an advanced degree or designation preferred (i.e., MBA, CPA, CFP)
  • 12-15 years of experience in Finance Operations and Treasury with proven ability to communicate results effectively and efficiently to senior executive leaders and external stakeholders
  • 7 years of financial leadership at the management level, preferably in a public company environment, demonstrating successful accomplishment of results and development of effective work teams
  • Strong knowledge of global banking platforms & systems including FX and interest rate risk mitigation strategies
  • Strong analytical, problem solving and organization skills, with the ability to effectively establish priorities responsibilities, and deliverables in a dynamic business environment
  • Strong verbal and written communication skills suitable to executive leaders, associates, bankers, and investors

Benefits That Make Life Better

  • Comprehensive Healthcare
  • Pension with 100% company match; up to 5% vested
  • Paid Time Off starting on day one
  • Bonus opportunities
  • Health- & Dependent Care Flexible Spending Accounts
  • Short- & Long-Term Disability
  • Life & AD&D Insurance
  • Learning & Training opportunities

Raising the Standard of Excellence since 1911

With over a century of proven excellence, StandardAero has become an industry leader in MRO services and customized solutions in the aerospace field. Our shared values and learning-based culture inspire our team to exceed their potential and power our customers' missions worldwide. With on-the-job training, advancement opportunities, and excellent benefits, StandardAero invites you to experience a fulfilling and meaningful career with us.

Inclusivity Is Our Standard

StandardAero offers equal employment opportunities for all. Our supportive environment celebrates diversity with no room for harassment or discrimination of any kind. We invite you to bring your authentic self to our team and experience our welcoming culture.
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Estimate Salary for VP, Working Capital & Treasury in Scottsdale, AZ
$293,981 (Medium)
$244,160 (25th)
$343,802 (75th)
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