Treasury Senior Manager

Posted Date: Oct-28-2020

Job ID: 18664

Job Type: Full Time

Job Function: Finance

City: Kent

State: Washington

Store: Greater Seattle Area



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What's cool about this job

This job contributes to REI’s success by setting the strategy and managing the company’s treasury organization. This role is a critical position for the company and will support current treasury, investment, payment, and cash management operations while developing a strategy and leading execution against the strategy to evolve these functions’ processes, policies and capabilities. The Senior Manager of Treasury will assist with the analysis, execution and implementation of company finance strategies including capital structure, financing initiatives and other projects tied to improvements in working capital and cash forecasting. This role will be a key participant in broad cross-divisional activities in support of both existing and future treasury, investment, payment, and cash management capabilities. The leader in this position will help foster continuous process improvement within their organization and broadly across the co-op. Models and acts in accordance with REI’s guiding values and mission.


  • Identifies and communicates key responsibilities and practices to ensure the organization promotes a successful attitude, confidence in leadership, and teamwork to achieve business results
  • Drives and supports the implementation of company programs, procedures, methods and practices to promote REI key messages
  • Challenges and inspires employees to achieve business results
  • Ensures employees adhere to legal and operational compliance requirements
  • Oversees training and development of employees directly and indirectly managed and makes effective staffing decisions
  • Conducts and ensures the completion of performance reviews
  • Provides coaching, direction and leadership support to employees in order to achieve department, company and customer results
  • Establishes and maintains visibility within the department
  • Monitors operational statistics, reports trends, variances and issues, and takes appropriate action
  • Leads and nurtures a work culture that promotes open, frequent and dynamic communication among staff, stimulating teamwork to accomplish desired goals and objectives
  • Oversight of the treasury, investment and cash management activities of the organization, ensuring that financial transactions, policies, and procedures meet corporate needs and objectives. Designs effective treasury & Finance controls and policies
  • Proactively identifies and actions against opportunities for process improvement; instills a continuous improvement mindset in teams
  • Manages payment strategies analysis and related projects within Treasury, and advises cross-divisionally, in support of efforts to control expenses, enhance data security, and drive profitability related to customer payments
  • Works cross-divisionally supporting senior leaders and REI’s strategic initiatives; Manages and executes large cross-divisional projects involving senior management
  • Ensures compliance with organization policies, treasury-related contracts and all applicable regulations
  • Develops long-term cash management strategy in line with the Company’s strategic plan and budgeting process
  • Manages and monitors corporate liquidity, investing activity, and cash flow projections. Drives the development of enhanced cash forecasting processes and insights
  • Manages the strategic planning of credit facility agreements and usage and oversees the ongoing compliance requirements and activities
  • Manages and maintains relationships across the banking community including corporate bankers, bank operational counterparts, treasury infrastructure and technology providers. 
  • Administers the company’s T&E and P-Card programs; establishes and enforces policies and controls for such programs
  • Tracks currency and commodities for Merchandising and Co-op Brands, and advises on payment strategies for international vendors & factories
  • Implements appropriate systems and management tools to assist treasury functions
  • Serves as a subject matter expert for treasury operations
  • Seeks to reduce expense and maximize the profitability of REI
  • Completes special projects, duties and initiatives as required.

Bring your passion and expertise

  • 10+ years of cash management, treasury and/or finance experience
  • 5+ years of leadership experience
  • Bachelors Degree in Accounting, Finance or related field required
  • Certified Cash Manager or Certified Treasury Professional
  • Experience with a growing multi-unit retailer preferred
  • Advanced experience in banking services, products and regulations. Advanced use of Excel and standard corporate technology and tools
  • Demonstrated effective leadership and motivational skills
  • Effective oral and written communication skills
  • Proven ability to prepare for and present to senior leaders
  • Excellent project management skills
  • Effective work methods and good organization and time management skills
  • Excellent follow through and attention to detail
  • Ability to identify, analyze, and objectively solve problems
  • Builds capacity of individuals and teams through effective employee development, involvement, communication, and supervision efforts
  • Creates a strong, mutually supportive work spirit and culture where people can do their best
  • Establishes trust and inspires others
  • Makes effective organization and people decisions in a manner consistent with REI's values and ethics
  • Delivers on commitments and holds others to same
  • Champions the organization and advocates solutions in the overall Company's best interest
  • Uses business knowledge, innovative thinking, and sound judgment in the solution of problems or the pursuit of business opportunities. 
  • Consolidates information from various sources including feedback from others to reach sound decisions
  • Considers the ultimate impact of decisions and actions on internal and external customers
  • Fosters change in company direction
  • Effectively plans and executes changes

At REI we offer an enviable work environment that Fortune Magazine has recognized on the "100 Best Places to Work" list since the award's inception – 23 years in a row! Sure, we work hard, but it’s balanced with time off to play—a strategy that works for us as we continue to grow and thrive. Want to enjoy a workplace where you can be yourself, be heard and be respected while having a job that challenges you? This is the place.

With more than 160 retail locations (and growing), REI offers unique competitive benefits to its more than 15,000 employees, including healthcare, gear and apparel discounts, free equipment rentals and challenge grants to help employees reach personal outdoor goals, generous retirement plan contributions, public transit subsidy, adoptions assistance, paid sabbaticals, and more.

REI is an Equal Opportunity Employer

NEW YORK CORRECTION LAW
ARTICLE 23-A, Section 753
LICENSURE AND EMPLOYMENT OF PERSONS PREVIOUSLY CONVICTED OF ONE OR MORE CRIMINAL OFFENSES

§753. Factors to be considered concerning a previous criminal conviction; presumption.

1. In making a determination pursuant to section seven hundred fifty-two of this chapter, the public agency or private employer shall consider the following factors:

(a) The public policy of this state, as expressed in this act, to encourage the licensure and employment of persons previously convicted of one or more criminal offenses.

(b) The specific duties and responsibilities necessarily related to the license or employment sought or held by the person.

(c) The bearing, if any, the criminal offense or offenses for which the person was previously convicted will have on his fitness or ability to perform one or more such duties or responsibilities.

(d) The time which has elapsed since the occurrence of the criminal offense or offenses.

(e) The age of the person at the time of occurrence of the criminal offense or offenses.

(f) The seriousness of the offense or offenses.

(g) Any information produced by the person, or produced on his behalf, in regard to his rehabilitation and good conduct.

(h) The legitimate interest of the public agency or private employer in protecting property, and the safety and welfare of specific individuals or the general public.

2. In making a determination pursuant to section seven hundred fifty-two of this chapter, the public agency or private employer shall also give consideration to a certificate of relief from disabilities or a certificate of good conduct issued to the applicant, which certificate shall create a presumption of rehabilitation in regard to the offense or offenses specified therein.