Summary
This position is responsible for debt management including high yield financing (loans and bonds), rating agency and bank relationships, cash and liquidity management and financial risk management. The director will also be responsible for sourcing talent and building finance team capability through training and mentoring. The position will have 2 direct reports.
Responsibilities
Capital Markets transactions
• Lead leveraged loan and high yield bond transactions as well as annual renewal of AR trade facility; manage equipment financing facilities
• Lead preparation for quarterly lender calls (including adhoc requests for data); manage quarterly compliance requirements
• Recommend target fixed rate debt vs. floating rate debt, identify derivative transactions to achieve targets and partner with accounting on hedge accounting process/needs
• Manage relationships with financial institutions, maintain fee vs. commitment model to ensure relationships are mutually beneficial
• Support FP&A with forecast for consolidated interest expense and income
Capital Structure analysis
• Lead multi-year modeling of balance sheet and credit metrics, collect peer data and recommend target leverage and ratings
• Lead development of annual S&P and Moody's reviews; provide quarterly updates to agencies
Commodity and FX risk management
• Identify exposure and recommend strategies to manage commodity and FX exposure using financial derivatives
• Develop processes to execute and monitor approved strategies
Balance Sheet/Equity
• Own and update equity waterfall model and equity cap tables on a quarterly basis or as needed and coordinate with HR/Legal on new equity grants and equity buybacks
• Lead quarterly equity valuation with 3rd party valuation firm
• Evaluate and model impact to equity ownership from various strategic alternatives including IPO
Liquidity Management
• Supervise liquidity analyst to ensure adequate liquidity for working capital needs
• Develop investment strategy and instruments
• Oversee cash flow forecasts from Australia and Mexico
• Evaluate implementation of market risk system and treasury management system
Requirements
• Bachelor's degree in accounting or finance required; MBA or CFA preferred
• 10+ years of experience working in Corporate Treasury with debt capital markets experience required
• Advanced MS Excel skills
• Knowledge of accounting principles
The salary range for this full-time position is $140,000.00 - $220,000.00, + bonus + equity + benefits. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
Chobani provides a comprehensive benefits package, including medical, dental, vision coverage, disability insurance, health savings account, flexible spending accounts, and tuition reimbursement. To help save for the future, all employees are eligible for a 401k match of 100% on up to 5% of eligible pay. To support growing families, we provide fertility and childcare assistance, and 12 weeks of parental leave at full pay after six months of continuous employment. In addition, we provide wellness resources which include an employee assistance program, fitness discounts, a wellness reimbursement, on-site gym access (certain locations) and a monthly wellness newsletter to connect you with resources and timely information. We offer various types of paid time of including: 120 hours of paid time off, 11 holidays, and paid volunteer time off.
