Director of Treasury - Denver, United States - FlowerHire
Description
Who We Are:Schwazze (
OTCQX:
SHWZ |
NEO:
SHWZ) is building a premier, vertically integrated regional cannabis company with assets in Colorado and New Mexico.
The parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale, Schwazze is committed to unlocking the full potential of the cannabis plant to improve the human condition.
Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes.
Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices.
For more information, please visit our website:Job Title:
Director of Treasury
Salary Range
:
$125,000 - $150,000 annually
Bonus
:
20% target
Type
:
Exempt, Salaried
Location
:
Denver, CO (On-Site, 865 N Albion Street, Denver, CO
Position Objective
As the Director of Treasury at Schwazze, you will play a crucial role in overseeing our financial operations and ensuring the efficient management of financial resources in the cannabis industry.
The Director of Treasury will be responsible for providing strategic leadership for all treasury functions including performance improvement of working capital, cash management and banking administration for the company.
The Director of Treasury will oversee and mitigate company risk exposure, manage short-term borrowing and debt administration.Major Functions
Cash Management
Manage day-to-day cash flow, ensuring optimal liquidity for operations and investments.
Monitor and project cash needs to support business growth and expansion.
Implement cash management strategies to maximize returns on surplus funds.
Risk Management
Identify, assess, and mitigate financial risks, including credit risk, market risk and regulatory compliance.
Develop and execute risk management strategies to safeguard the company's financial assets.
Financial Reporting
Prepare and analyze financial reports, budgets, and forecasts.
Provide insights and recommendations for improving financial performance.
Ensure compliance with industry-specific accounting standards and regulations.
Banking Relationships
Manage relationships with financial institutions, negotiate banking terms, and maintain banking services agreements.
Optimize banking and payment processes to streamline financial operations.
Investment Strategy
Develop and execute investment strategies for surplus funds in compliance with industry regulations.
Monitor and evaluate investment performance and make necessary adjustments.
Compliance and Regulatory Oversight
Stay up-to-date with cannabis industry regulations and ensure compliance in all financial institutions.
Collaborate with legal and compliance teams to address regulatory requirements.
Education And Experience
Bachelor's degree in Business, Finance, Accounting or related field.
Minimum of 8 years of experience in treasury management, finance or accounting.
Knowledge of the cannabis industry and its unique financial challenges and regulations is preferred.
Proficiency in financial software and Microsoft Excel required.
Strong analytics skills with the ability to interpret and leverage data for strategic decision making.
Excellent communication and leadership skills, to effectively manage a cross-functional team.
Strong leadership, communication, and interpersonal skills.
Strong understanding of compliance requirements and regulations in the cannabis industry.
Ability to obtain and maintain an active MED badge in the state of Colorado.
A Plus, But Not Required
MBA or relevant professional certification (e.g. CTP, CFA) is a plus.
Working Conditions
Schedule will vary depending on the needs of the business (Nights, Weekends, Holidays included).
Salary
$ $150000 USD per year
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