Director, Treasury & Shared Services

Company: vineyard vines, L.L.C.
Location: Stamford
Posted on: September 14, 2023

Job Description:

vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha's Vineyard by brothers, Shep & Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 120 retail locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US.vineyard vines was founded on a state of mind that Every day should feel this good.You don't need to be on a beach, by the ocean or on vacation to have -Every day should feel this good -moments. It's a state of mind that we all experience, and one where everyone is invited. At vineyard vines, we don't just live an #EDSFTG life away from our desks-we bring it to work with us, too.Whether in our stores, or at our Harbor Drive headquarters, our company culture is -fun, encouraging -and -welcoming to all. We work hard and play harder, and we never take ourselves too seriously. And while we have many company goals, our number one priority is making vineyard vines a great place to work for all employees.Our team is our family, and we'd never have grown to where we are today without them.We're committed to building an inclusive team across all channels, departments and stores within our community. We hope you'll join us and see what the smiling pink whale is all about.Overview:The Director of Treasury & Shared Services will be an integral part of the Vineyard Vines Controller Group and have responsibility for managing all aspects of Treasury & Banking, Accounts Payable & Accounts Receivable/Credit.The role will manage a team of 5-7 professionals and report to the Vice President, Controller. In addition, this person is expected to strongly liaise with the VP FP&A on cash forecasting and modeling.Key Responsibilities:Treasury & Banking

• Manage daily cash position, disbursements, banking relationships, and funds movement in all domestic accounts
• Ensure that a company's cash flow is adequate to allow it to operate effectively:
• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Evaluate/confirm the cash impact of new business ventures
• Maintain strong relationship with lending and external banking teams; responsible for all compliance reporting, along with VP FP&A; identify and execute on opportunities to improve current banking structure
• Direct communication with the CFO and others to provide regular insight and updates on status of Treasury-related activities, including interest rate risk, liquidity risk, as well as overall market conditions
• Support FPA on short and long term Company cash forecastingAccounts Payable
  • Supervise the accounts payable team in all daily accounts payable functions, including but not limited to invoice entering, issue checks, manual check requests, distribution activities, purchase orders, etc.
  • Review and report on monthly DPO and other related Company KPI's and play an integral role in implementing Company-wide process improvements to improve cash flowAccounts Receivable / Credit
    • Supervise day-to-day operations of the Credit department including cash applications, collections, and AR month-end close activities
    • Review and report on monthly DSO and other related Company KPI's and play an integral role in implementing Company-wide process improvements to improve cash flowWhat you bring: -
      • 10-12 years minimum of Finance and/or Accounting or Treasure required
      • 5-7 years of treasury experience for a mid to large company
      • Strong broad-based knowledge of capital and currency markets, accounting, finance, and tax
      • Experience with global banking, hedging, f/x, transfer pricing & intercompany loans a plus
      • Collaborative team player with a hands-on approach; a roll-up-the-sleeves mentality
      • Strong track record of success in driving execution and delivering business results
      • Solid analytical and quantitative skills, as well as verbal, written and communication skillsEvery day will feel this good because:
        • We have a fun-spirited entrepreneurial culture filled with truly "good" people
        • We have flexible working hours and work from home days to accommodate your personal life
        • We offer a generous employee discount so you can rep our lifestyle on-and-off the boat
        • We offer a competitive salary package, 401-K, commuter benefits, and paid-family leave, health savings , flex spending accounts, life & disability insurance
        • We have an onsite gym as well as health & financial wellness programs to keep you active
        • We offer 2 summer Fridays to take off in addition to a competitive vacation policy & holiday calendar

Keywords: vineyard vines, L.L.C., Stamford , Director, Treasury & Shared Services, Executive , Stamford, Connecticut