Director, Treasury & Credit RiskDepartment: Accounting and Finance
Employment Type: Full Time
Location: Los Angeles HQ
Compensation: $190,000 - $210,000 / year
DescriptionSKIMS is seeking a Director, Treasury to lead our global treasury and credit risk functions. This is a critical leadership role for a high-growth consumer and retail company embarking on significant international expansion. You will be responsible for building and optimizing the treasury infrastructure that enables SKIMS to scale - owning everything from cash and liquidity management to FX strategy, banking relationships, debt compliance, and enterprise risk. We are looking for a builder: someone who thrives on designing efficient, scalable operations and has the commercial acumen to partner closely with senior leadership.
Key ResponsibilitiesTreasury- Oversee global cash management, liquidity optimization, and investment activities, ensuring financial stability across all entities and geographies.
- Lead treasury setup and infrastructure for new international markets, including entity banking setup, intercompany funding structures, and repatriation strategies.
- Oversee daily retail cash operations, including store-level cash management, armored car services, cash reconciliations, and point-of-sale cash handling processes.
- Build and maintain strong relationships with financial institutions and banking partners, ensuring top-notch service levels, competitive terms, and appropriate risk mitigation.
- Drive automation and continuous improvement of treasury systems (TMS), payment platforms, and reporting tools to improve operational efficiency and scalability.
- Streamline treasury processes and controls, and ensure clear documentation of compliance standards and investment policies.
- Monitor debt, debt covenants, and financing strategies; ensure timely and accurate compliance reporting.
- Manage foreign exchange risks, including hedging strategies, foreign currency trades, interest rate exposure, and VAT considerations across international markets.
- Oversee intercompany funding and settlement processes, ensuring alignment with transfer pricing policies.
- Direct the optimization of transaction costs, including bank and credit card fees, to maximize savings.
- Lead cash forecasting, ensuring alignment with the Company's operational needs, seasonal retail cycles, and business goals.
- Establish and maintain global treasury policies around compliance, financial controls, investment strategy, and reporting.
- Develop and maintain financial risk management strategies.
Risk Management- Oversee the strategic management and implementation of credit risk across the organization, in partnership with Finance and Legal.
- Manage corporate and credit insurance-related projects, coordinating with both internal and external stakeholders.
- Oversee relationships with third-party insurance brokers, setting clear expectations and ensuring service standards are met.
- Work internally and externally to set and enforce credit limits and insurance coverage for customers to prevent overextension and potential financial risks.
- Identify and evaluate the Company's exposure to potential liability, counterparty risk, and key vendor/supplier risk, particularly in the context of retail partnerships and wholesale accounts.
- Establish and oversee business and credit insurance coverage including bank guarantees / letters of credit - including making recommendations on coverage and retentions, negotiating placement of policies, and ensuring appropriate programs are in place.
- Own annual renewals of all business and credit insurance programs.
Skills, Knowledge and Expertise- Bachelor's degree in Finance or Accounting; MBA or CPA preferred.
- Certified Treasury Professional (CTP) preferred.
- 10+ years of relevant treasury experience, ideally including time in a high-growth or scaling environment.
- Experience in retail or consumer goods industry strongly preferred - familiarity with seasonal cash cycles, inventory dynamics, and store-level operations is a plus.
- Demonstrated experience building or scaling treasury functions, not just maintaining them.
- Experience in credit and risk management, treasury management, and managing banking relationships.
- Proficiency with ERP and treasury management systems; experience with NetSuite a plus.
- Ability to translate complex financial data into clear, actionable business strategies.
- Excellent communication skills with the ability to interact effectively with C-Suite, Senior Leadership, and key stakeholders.
- Demonstrated strategic, financial, and managerial acumen.
- Proven ability to effect, influence, and manage change in a fast-moving organization.
- Ability to build, grow, and deepen relationships with a wide range of internal and external stakeholders.
Benefits, Culture and PerksBenefits and Culture- Up to 100% Company Paid Healthcare (medical, dental, vision)
- Kind Body Fertility Benefits
- 401(k) savings plan with up to 4% match
- Unlimited PTO
- Full Access to LinkedIn learning
- Employee Discounts
Perks (HQ Location)- Free weekly catered lunch at HQ - M/T/W/Th
- Dog-Friendly office on a Thursday and Friday
- Free Swag Giveaways
- Annual Holiday Party
- Annual Summer Party
- Invitations to pop-ups and other company events
- Complimentary daily office snacks and beverages
