Treasury Director

Date: Oct 11, 2024

Location: The Woodlands, TX, US, 77380

Company: Kraton

Make a +Difference at Kraton!

At Kraton, we make a Positive Difference, and we are looking for individuals who are also looking to make a difference in their jobs, for our customers and to the world.  We are looking to hire a key member of our Finance team at our Houston HQ location.

 

The Treasury Director enhances earning and maximize cash flow by executing and maintaining optimal capital structure, support management of cash conversion cycle, and management of financial risk exposure through customer credit, foreign exchange and interest rate exposure, and exposure to property and/or casualty losses.  Lead, mentor, and develop Treasury staff including three direct reports and two indirect reports in the execution of the Kraton Treasury department’s responsibilities in a cost effective, efficient, and compliant manner.

Key Responsibilities

  • Oversee treasury operations from daily cash management, liquidity management and planning, and internal/external reporting.
  • Evaluates capital structure and weighted average cost of capital on a continuous basis, driving balance sheet efficiency and leads all debt financing and re-financing’s.
  • Oversee credit risk management including reviewing and approving credit lines, bad debt reserves, collections and cash application. 
  • Brings innovative ideas to how Kraton thinks about all areas of risk, including balance sheet, capital structure, financing risk, foreign exchange, interest rate and commodity exposures as well as ability to execute on these strategies.
  • Recommends and leads execution of all short-term and long-term hedging strategies that are consistent with company’s risk and financial objectives.
  • Evaluates and assists CFO in execution of capital allocation, short-term, medium term, and long-term financial planning.
  • Effective interaction and management of all banking relationships for cash management, capital markets, and risk management teams. 
  • Responsible for preparing capital markets presentations to Board, Audit Committee, and for Credit Rating Agencies.
  • Lead the evaluation and management of risk loss exposures that can result in earnings volatility, both direct and indirect business activity (i.e. non-core risk exposures) via credit, insurance policies, derivatives or other instruments in-line with the organization risk-appetite and objectives.

 

In addition to supporting the Treasury Director in executing the company and departmental goals, direct report primary goals and responsibilities include:

  • Support the business in the sale of Kraton products by judiciously awarding commercial credit to customers while managing credit exposure to bad debt write-offs
  • Ensure that all global operations have adequate liquidity to fund operations and execute business plans and distribute excess cash flow for use in strategic objectives, including reinvestments in the business, reduce indebtedness and/or investments, secure external funds in line with company policies and objectives.

Required Skills

  • Minimum  5 years’ experience in Treasury, Insurance and Cash management.
  • Minimum 10 years of relevant Finance experience
  • Experience from other Finance area (FP&A, Accounting or Tax) is a plus
  • Proficiency in data management and various software packages including SAP and Microsoft Office
  • Self-directed with strong attention to detail and the ability to exercise independent judgment.
  • Proven experience leading a team and sustaining high performing teams and collaborating across a matrix organization in an efficient manner to deliver valuable outcomes
  • Strong verbal/written communication skills with the ability to influence others including internal/external customers and stakeholders
  • Strong problem solving and conflict resolution skills.

Education, Certifications & Licenses

  • Bachelor's Degree in Finance, Accounting, Business or related field required. 
  • Treasury certification or MBA/CPA/CMA a plus.
  • International experience is a plus

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The statements above are intended to describe the general nature and level of work performed by employees assigned to this classification.  Statements are not intended to be construed as an exhaustive list of all duties, responsibilities and skills required for this position.

 

Kraton’s internal talent acquisition team manages our recruiting efforts and from time to time works with pre-selected/pre-approved external staffing agencies. We do NOT accept unsolicited resumes or candidate referrals from recruiters and/or agencies who are not pre-selected/pre-approved.

 

Kraton is proud to be an Equal Opportunity Employer.


Nearest Major Market: Houston