Head of Treasury

POSITION OVERVIEW

Korn Ferry is exclusively partnering with a large, global healthcare distribution company undergoing meaningful transformation to recruit a Head of Treasury based out of their headquarters in Central Virginia .

Reporting to the Chief Financial Officer, this role will provide strategic leadership and hands‑on execution across all treasury, liquidity, and working capital activities. The Head of Treasury will play a critical role in modernizing the function, with a strong focus on building best‑in‑class 13‑week cash flow forecasting, strengthening liquidity management, and driving enterprise‑wide working capital optimization.

Operating in a fast‑paced, PE‑influenced environment, this highly visible position offers direct exposure to senior leadership and the opportunity to expand scope over time. The role partners closely with FP&A, Controllership, Financial Operations (AR/AP), Supply Chain, and executive leadership to improve cash visibility, forecasting accuracy, and capital efficiency.

This is a high‑impact leadership opportunity to shape a treasury function during a period of growth and transformation.

KEY RESPONSIBILITIES

• Own and lead all treasury activities, including global cash management, liquidity planning, capital structure, and banking relationships.
• Design, build, and continuously refine a best‑in‑class 13‑week cash flow forecasting model with disciplined variance analysis and executive‑ready insights.
• Manage daily liquidity activities, including cash positioning, borrowing decisions, and short‑term funding strategies.
• Drive enterprise‑wide working capital optimization across AR, AP, inventory, and complex rebate structures.
• Partner with Supply Chain and Finance leadership to align inventory planning with sales forecasts and cash flow requirements in a complex distribution and manufacturing environment.
• Optimize banking structures, credit facilities, and liquidity strategies in collaboration with private equity stakeholders and external partners.
• Oversee risk management activities, including business insurance strategy, while identifying cost and coverage efficiencies.
• Provide leadership on rebate and customer contract cash flow dynamics to improve forecasting accuracy and cash conversion.
• Establish and enhance treasury policies, internal controls, and reporting frameworks to support scalability and governance.
• Lead regular liquidity and working capital reviews, including daily cash calls and weekly cross‑functional forums.
• Serve as a senior finance leader in executive discussions, audits, and interactions with lenders and financial partners.
• Build and develop a high‑performing treasury team while contributing to the advancement of broader financial operations.

QUALIFICATIONS

• 15+ years of progressive experience in treasury, corporate finance, and/or FP&A within large, complex, global organizations.
• Proven experience building and managing accurate, operationally integrated 13‑week cash flow forecasts.
• Deep expertise in working capital management, including AR, AP, inventory, and cash conversion optimization.
• Experience in distribution, healthcare, manufacturing, or rebate‑driven environments (strongly preferred).
• Strong understanding of liquidity management, banking relationships, credit facilities, and capital allocation.
• Experience in private equity‑backed or leveraged environments is a plus.
• Demonstrated success partnering cross‑functionally across finance, operations, and supply chain.
• Prior experience spanning both FP&A and treasury leadership highly desirable.
• Experience overseeing or partnering with financial operations (AR/AP/rebates) functions is a plus.
• Bachelor’s degree required; MBA or advanced degree preferred.

PERSONAL ATTRIBUTES

• Comfortable operating at both the strategic and execution levels, including direct involvement in financial modeling and analysis.
• Strong quantitative and modeling skills with the ability to translate complexity into clear, actionable insights.
• Credible, confident communicator capable of influencing and constructively challenging senior leadership and external stakeholders.
• Deep appreciation for how financial decisions impact day‑to‑day operations, particularly in inventory‑ and cash‑intensive environments
• Proven ability to drive transformation, implement new processes, and elevate capabilities in fast‑paced organizations.
• Understands customer economics, including rebate structures and contractual cash flow implications.