Assistant Treasurer

Job Description

Job Description

About Us

Fox Innovation & Technologies (“FOX”) is a leading global partner in turbomachinery aftermarket engineering and services, dedicated to enhancing energy security, reducing emissions, and driving operational value for industries around the world. We combine world-class proprietary technologies, rapid cycle capabilities, and deep industry expertise to provide OEM-level solutions across centrifugal compressors, pumps, turbines, valves, and other mission-critical rotating equipment.

More than just a service provider, FOX is an OEM-caliber engineering and manufacturing hub, capable of reengineering, revamping, and remanufacturing complex machinery to meet client demands with precision and sustainability. Join us and be part of a team where cutting-edge engineering meets shop-floor reality—delivering solutions that keep global industry turning effectively and responsibly.

The Opportunity

Fox Innovation & Technologies is seeking a high-impact Assistant Treasurer to join its growing finance organization. Reporting to the Treasurer, this role provides broad exposure across core treasury functions within a dynamic, multi-entity, and international operating environment. The position will play a critical role in managing liquidity, supporting financing activities, and optimizing cash performance across operations in the United States, Europe, and Brazil. This opportunity offers a balance of hands-on execution and strategic involvement, with direct exposure to senior leadership, lender relationships, and key financial decision-making.

Success in this role is defined by delivering clear, accurate, and timely visibility into group liquidity, supported by reliable and continuously improving cash flow forecasting. The Assistant Treasurer will effectively support financing activities and maintain disciplined oversight of covenant requirements, while also contributing meaningfully to working capital optimization and sustained cash generation across the organization.

Responsibilities

• Support daily cash positioning and liquidity management across a global footprint (U.S., Italy, Brazil), including monitoring trends and proactively identifying risks and opportunities.
• Own and continuously improve the 13-week cash flow model, delivering clear, actionable weekly liquidity updates and short-term funding views.
• Coordinate weekly cash prioritization processes with operations and accounting, and support development of forward-looking forecasts aligned with business growth.
• Contribute to optimization of cash pooling, intercompany flows, and global banking structures.
• Partner with the Treasurer on bank relationships and financing strategy, including support for refinancing, covenant amendments, and structuring of debt facilities (e.g., RCF, term loans, asset-based and export financing).
• Monitor covenant compliance and support lender reporting, communications, and analysis of financing solutions (e.g., factoring, EXIM programs).
• Drive working capital improvement initiatives by partnering cross-functionally on AR, AP, inventory, and commercial terms (e.g., payment milestones, deposits, collections strategies).
• Support monitoring and management of FX and interest rate exposures across multiple currencies, including execution and tracking of hedging strategies.
• Ensure compliance with treasury policies, banking requirements, and internal controls, including oversight of payments and fraud prevention.
• Support management and optimization of bank accounts, signatories, and access controls across the organization.
• Contribute to treasury operations and infrastructure improvements, including systems, tools, ERP integration (Odoo), and process enhancements.
• Participate in treasury-related aspects of M&A integration, international expansion, and broader transformation initiatives.
• Assist in preparing materials and analysis for senior leadership, Board, lenders, and investors.

Qualifications

• Bachelor’s degree from an accredited four-year college or university in Finance, Accounting, or another related field is required.
• Master’s degree or CFA is a plus.
• 5 - 10 years of progressive experience in treasury, corporate finance, or banking is required.
• Experience in multi-entity, international, or leveraged environments is preferred.
• Strong understanding of cash flow modeling, debt structures and covenants, and treasury systems and banking platforms.
• Advanced Excel skills and strong analytical capabilities with the ability to translate data into insights.
• High attention to detail with the ability to manage multiple priorities in a fast-paced environment.
• Strong communication skills with the ability to collaborate cross-functionally.

Physical Demands & Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. This position is primarily performed in an office environment and requires the ability to sit and work at a computer for extended periods, with frequent use of standard office equipment such as a keyboard, mouse, and telephone. The role may involve occasional standing, walking, and movement between office and operational areas, including light exposure to an industrial shop environment. While performing the duties of this position, the employee may occasionally be required to bend, reach, or lift items up to approximately 15 pounds (e.g., files or office materials). Visual acuity sufficient to review detailed financial data and prolonged screen time is required. The position may require occasional extended hours during peak periods such as month-end close, audits, or other critical business cycles. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role.

Equal Employment Opportunity

Fox Innovation & Technologies Inc. is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, gender, marital status, disability, protected veteran status, or any other basis protected by applicable federal, state or local law.