Director of Treasury

At Instructure, we believe in the power of people to grow and succeed throughout their lives. Our goal is to amplify that power by creating intuitive products that simplify learning and personal development, facilitate meaningful relationships, and inspire people to go further in their education and careers. We do this by giving smart, creative, passionate people opportunities to create awesome. And that's where you come in: We are seeking a detail-oriented and experienced Corporate Treasury Manager to lead and optimize our corporate treasury functions. The successful candidate will be responsible for managing cash flow, debt facilities, interest rate hedging instruments, foreign exchange, and intercompany transactions. This role involves collaboration with various teams, including FP&A and accounting, to ensure effective financial management and risk mitigation. Key Responsibilites:

• Design and implement the corporate treasury function to enhance financial operations and maximize cash positions.
• Review and manage the daily cash position and cash flow forecasting for weekly presentation to senior management.
• Manage the 13+ week cash flow forecasting model for both U.S. and international operations, reporting weekly to the Chief Accounting Officer and Chief Financial Officer.
• Prepare interest expense forecasts and collaborate with the FP&A and accounting teams to reconcile discrepancies.
• Oversee Instructure’s term debt and revolving credit facility, managing drawdowns, repayments, interest expenses, fees, and compliance.
• Manage the interest rate hedging instrument, ensuring monthly settlements with banks are monitored.
• Monitor and Assess Foreign Currency Transactions for FX exposure risk.
• Oversee and settle monthly intercompany transactions and transfer pricing for Global operations.
• Manage Domestic and International cash balances to ensure efficient and best use of cash balances across regions.
• Conduct analysis of U.S. monthly bank fees to identify potential cost savings.
• Review and manage foreign bank accounts reporting and ensure compliance with KYC updates and renewals.
• Control the opening and closing of bank accounts to enhance a centralized banking structure.
• Collaborate cross functionally to ensure an up to date and accurate forecast and awareness of weekly check runs
• Act as the security administrator for all treasury-related websites.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant certification (CCT, CTP, etc.) preferred.
• Minimum 10 years of experience in treasury management or similar related fields.
• Strong understanding of cash management, debt management, and financial instruments, including hedging strategies.
• Excellent analytical skills with a keen eye for detail.
• Ability to collaborate effectively with cross-functional teams and present complex information clearly.
• Proven leadership skills and experience in managing teams.
• Strong communication skills, both written and verbal.

Get in on all the awesome of Instructure

• Competitive salary and 401k.
• Medical, dental, disability, and life insurance.
• HSA program, vision, voluntary life, and AD&D.
• Tuition reimbursement.
• Paid time off, 11 paid holidays, and flexible work schedules.
• LifeStyle Spending Account.

$150,000 - $200,000 a year We’ve always believed in hiring the most awesome people and treating them right. We know that the more diverse we are, the more diverse our ideas will be and when we openly welcome those ideas, our environment is better and our business is stronger. At Instructure we participate in E-Verify and yes, in case you didn't catch it from the above, we are an Equal Opportunity Employer. All Instructure employees are required to successfully pass a background check upon being hired. Apply tot his job Apply To this Job